Wison cuts first steel for Eni FLNG vessel
The Wison FLNG unit will be Eni’s second offshore Congo.
Gulfsands sets out plan for return to Syria
Under the plan, Gulfsands and its peers could return to their blocks, with appropriate sanction and other approvals. Back with operational control, they could improve oilfield practice – reducing the impact on the environment – while also producing oil.
Net Zero Nudge 03: building efficiency and decarbonisation
The UK must face up to the challenge of heating housing in low carbon ways, or will fail the legally binding 2050 net zero target. There are three main technologies for decarbonising domestic heating – heat pumps, hydrogen boilers and heat networks.
10 years on from the In Amenas attack
Arkab, in a speech, said the country was indebted to those foreign and Algerian workers who had died in the attack.
Shell signs up Stena Forth for Egypt drilling
Shell has contracted the Stena Forth for three wells offshore Egypt, following the rig’s recent success at the Nargis-1 exploration well for Chevron.
Samsung Engineering venture wins early Hail, Ghasha work
Adnoc has awarded Samsung Engineering a letter of award for pre-construction services on the Hail and Ghasha project.
Adnoc strikes carbon-to-rock deal with 44.01
Adnoc has struck a deal with 44.01 to bring technology to Fujairah to transform CO2 into rock.
Euphrates Energy targets Oman as a first step
“We’ve managed to raise seed capital, from family and friends and some from Oman. We’re just waiting to sign a deal. We’re looking initially at around $30-35 million.”
Political pressure mounts amid indefinite load shedding in South Africa
The Democratic Alliance (DA) noted there had been more than 120 days of power problems in 2022. NERSA’s increase, it said, is “official sanctioned daylight robbery against citizens”.
NewMed defends Capricorn deal, but considers options
However, the company said in closing, it would “continue to consider its alternative strategic options, with the objective of maximising value for its unitholders”.
Chevron scores major gas find in East Med
The East Mediterranean “has abundant energy resources, and their development is driving strategic collaboration in the region”.
UAE signs up to UK energy plans, Masdar eyes Amsterdam
The MoU today demonstrates that “not only are we are strengthening our energy security and lowering bills for consumers in the long term, we’re unlocking huge opportunities for investment in British expertise and jobs in the process”.
Fitch warns states will shoulder future decom burden
It cited analysis by Boston Consulting Group stating that by 2038 there would be 1,000 offshore structures in the Arabian Gulf that would no longer be economically viable.
Ghana makes its exploration case in London
“Interest has picked up in Ghana,” Mr Faibille said. “This year is a watershed,” he continued. He predicted Ghana would see “plenty more drilling activities” in 2023.
Friends of the Earth lose appeal on Mozambique LNG
FoE has said the Mozambique LNG project may produce 4.5 billion tonnes of greenhouse gases. It complained the UK government had failed to evaluate or calculate these.
Chancellor Scholz to inaugurate Lubmin FSRU
“A gas deficit situation this winter is becoming increasingly unlikely,” it said. “However, a worsening of the situation can still not be ruled out. The need to save gas is still important.”
CCS: the 1,000-year challenge
Screening legacy wells can be more important than 3D seismic when picking storage areas, Elaine Campbell said. “They provide valuable data but they’re also likely to be the highest risk to containment,” the Storegga official said.
Wintershall Dea scores gas find near Disouq
Wintershall Dea has found gas onshore in Egypt’s Nile Delta and is considering a tie-back to nearby infrastructure at Disouq.
Uganda hands out exploration licences
Uganda’s cabinet has approved licences for Uganda National Oil Co. (UNOC) and Australia’s DGR Global, with an initial period of two years.
Genser, ministry ward off local content criticism
The company is “still very much Ghana owned”, she said. The law requires such companies to be majority Ghanaian owned.
Westwood tips Africa, Latin America for high-impact hopes in 2023
Explorers are “taking a measured view and holding budgets and activity steady whilst trying to improve overall exploration efficiency”, Westwood said.
Pharos faces squeeze as Egyptian pound tumbles
The company warned that it would keep watch on its receivables. This, it said, may “impact the capital available for development”.
Amid LNG scramble, East Med’s opportunity for Europe
With Qatar at the centre of a “sellers’ market” for LNG, what can the East Mediterranean offer European governments to ease the pressure?
Nigeria aims to add 700,000 bpd this year
“It’s practical to hit 2.2mn bpd in 2023, this is practical. It’s a moving target,” Kyari said. “There are a number of projects that I have clear line of sight that can come on board in 2023.”
Zafiro due to restart in February
“Right now, we have close to 64 wells that need to be redrilled, and for this, we cannot find funds. A lot of infrastructure has been designed for a specific period and without funds, we are left with a lot of problems.”