Meseda well not enough to halt decline for SDX
SDX Energy has struck oil at the West Gharib block, in Egypt, and begun producing.
Angola sets out its Namibe stall
Angola’s new regulator held its London roadshow on September 17, touting the new opportunities in its Namibe and Benguela basins.
EOG to access JKM pricing via Cheniere deal
Cheniere Energy has signed a deal to provide liquefaction services to EOG Resources, a US-based shale producer.
Magnolia LNG lined up for Vietnam supplies
The Australian developer of a US-based liquefaction project is working on plans to supply an LNG-to-power project in Vietnam.
Vaalco sets out London IPO move
Vaalco Energy has set out formal plans to list on the London Stock Exchange’s main market. The listing should take place by September 30.
Niger-Benin pipe plan moving ahead
China National Petroleum Corp. (CNPC) signed a transportation convention with Niger on September 15.
Majors on the wrong track for emission action
The largest listed oil and gas producers are moving in the wrong direction, according to a new report from Redburn, “Lost in Transition”.
NEOT seizes opportunity with Kairos bunkering
Finland’s NEOT has become the first company to bunker LNG from the Kairos vessel, in Sweden’s Port of Södertälje.
Vopak buys into Colombian FSRU
Royal Vopak has bought a 49% stake in Colombia’s LNG import facility, in Cartagena. The company did not disclose how much it paid for the holding, in the statement announcing the move on September 12.
BW Energy plans Gabon growth
BW Energy is planning to reach a final investment decision (FID) on its Ruche development, in Gabon’s Dussafu licence, in the last quarter of the year. Further growth is expected to come from August’s Hibiscus discovery. The company continues to hold the Kudu gas project, in Namibia, but like many others before it, progress appears slow.
NLNG chooses contractor for Train 7
Nigeria LNG (NLNG) has chosen a consortium made up of Saipem, Chiyoda and Daewoo E&C (SCD) to carry out work on the project’s seventh train. The choice of the SCD consortium was set out on September 11 at a ceremony in Abuja, with the signing of a letter of intent (LoI).
Soco buckles down for Egyptian work
The acquisition of Merlon Petroleum earlier this year has given Soco International a new focus, with new exploration planned in Egypt and neighbouring Israel. As such, the company is planning to change its name, to Pharos Energy.
As Gbetiokun flows, Eland lines up exploration
Eland Oil & Gas is beginning to reap the rewards of its second field in Nigeria’s Oil Mining Licence (OML) 40 starting up, allowing it to move into exploration plans.
TGS, Schlumberger bring Red Sea into focus
TGS and Schlumberger’s WesternGeco are close to finishing 3D seismic reimaging on Egypt’s Red Sea, as a licence round comes to a close in the area. The two companies said the work would cover data from three seismic surveys, covering 3,600 square km, which were acquired between 1999 and 2008.
Partners sought to saddle up on Equus
Australia’s Western Gas is seeking partners to bring its Equus LNG project into production by 2024. The company has a plan for gas from the offshore Equus fields to be transported, via a 160 km pipeline, to a floating LNG (FLNG) facility near the shore.
Freeport signs up Train 4 financing
Freeport LNG has reached a deal to raise $1.025 billion from Westbourne Capital and its partners. The cash will go to supporting a fourth train at the plant. A commissioning cargo from Freeport LNG’s Train 1 was exported on September 3. The announcement comes as Cheniere Energy Partners has increased the size of a notes offering to $1.5bn, from the proposed $1bn.