“This triumph augments our confidence in other prospects across the nation,” he said. He singled out the potential of further investments in Tullow’s TEN project.
The ZMI CEO said the company was ready to "expand our operations across Asia and explore new markets”.
The report finds that coverage for the oil blocks would be “prohibitively expensive” for any winning companies. Congo lacks the capacity domestically to provide insurance.
“At this moment our thoughts and prayers are with our crew and their families who were on board the helicopter. We will do everything we can to help those who have been affected by this accident,” the company said.
In Cote d’Ivoire, the service company has won a subsea umbilicals, risers and flowlines (SURF) contract for Baleine Phase 2. Eni began producing at this field in August.
NNPC “reserves its rights” over the breach. Failure to obtain approval allows NNPC E&P Ltd (NEPL) to “invalidate the purported assignment” to Oando.
“By capping the price the sector could bid at too low, government set it at a level that made it impossible for investors to meet their costs."
“Like all businesses, we face challenges - from procurement cycles to wage and energy inflation - but the worst of the inflationary effects would appear now to be behind us, and we look forward to increasing our margins as we build out our rapidly growing order book.”
The first priority is to secure regulatory approvals. SunCable will apply to the Singapore Energy Market Authority (EMA) to secure an import licence later this month.
Australia is “on the cusp of becoming a clean energy superpower”, Nick Sankey, BlueFloat Energy Australia country manager, said.
Members of the Offshore Alliance union said they will stop work completely for two weeks starting Sept. 14.
“Unless Namibia puts together a narrative to win the energy transition war, [the country’s] oil will remain in the ground.”
"We look forward to continuing a successful partnership with our customer as we work together to safeguard a sustainable energy supply,” Maier said.
The agency said he would chair the governing body, the Gas and Electricity Markets Authority (GEMA), subject to confirmation by Parliament.
The SEC highlighted problems with the subcontractor bid, which was handling fabrication of the Shell Penguins FPSO.
Gas capacity expansion is still constrained by pipeline vandalism, especially domestically.
Alaska’s congressional delegation cast the moves as irresponsible, with Republican Senator Lisa Murkowski saying they represented “incoherent energy policy.”
“This proves that we are indeed committed to getting the oil sector working, at all levels,” said Jerónimo.
“Drawing on the expertise of our international offices and Doris’ vision to make renewable energies possible, we look forward to partnering with BP to execute key projects in the BP offshore wind portfolio.”
SLR said there would be a “blend” of renewable energy resources in order to provide power 24 hours a day.
The addition of ECP, and its management, will provide a “significant third pillar” to Bridgepoint, it said.
“This landmark project, is one of many tangible initiatives that Adnoc is delivering as we accelerate our decarbonisation plan to meet our Net Zero by 2045 ambition.”
“The assets we are acquiring have long useful lives and natural gas utilities are ‘must-have’ infrastructure for providing safe, reliable and affordable energy.”
“The Performance Centre model of collaboration is another example of SLB leadership in oil and gas innovation.”
BP said it was on the look out for more opportunities in the gas value chain. It aims to reach 30mn tpy of LNG in its portfolio by 2030.