Philippines court finally rejects China, Vietnam exploration deal
For PNOC to provide information to the state on the area, it would require approval from CNOOC and Petrovietnam. This, the Supreme Court said, was unacceptable.
Total plans Congolese exploration well this year
Woodside has said there is a one-well commitment on the licence, due by the end of 2025.
Adnoc without oil – company considered rebrand ahead of COP28
“We are increasingly aware of the reputational challenges posed by our brand name and positioning,” the centre reported Adnoc as saying.
Uganda seeks new refinery backers
The ministry had expected a final investment decision (FID) on the $4.5 billion Hoima facility by the end of June. The aim was for the facility to be ready for first oil from the Lake Albert fields in late 2025.
Ghana approves Pecan FPSO plan, AFC heads for FID
The former owner will be on hand to provide technical support, said Pecan Energies CEO Eiliv Gjesdal. Previously, he was CFO for Aker Energies.
Exxon, KCA Deutag accident had “potential for fatality”
There were a number of near misses on Hebron in 2021. Incidents included injuries on the facility and a support vessel.
Eni starts local talks to double Mozambique FLNG
Eni acquired its environmental licence for Coral Sul in 2015. The FLNG facility shipped its first cargo in November 2022.
Adnoc Gas awards $600mn Habshan pipeline work
The company said that more than 70% of contract value would go back into the UAE, under its in-country value (ICV) programme.
Chevron takes FID on Leviathan expansion
It will increase the throughput of gas from 1.2 billion cubic feet per day to nearly 1.4 bcf per day, or from 12 billion cubic metres per year to 14 bcm. The new gathering pipeline should reach first gas in the second half of 2025.
Shell sustainability head exits after only two years
Brostrøm joined Shell in August 2021. He had previously acted as president of Ørsted North America, overseeing offshore wind plans in Massachusetts and New Jersey.
Angola makes its pitch: “Flexibility is our middle name”
Angola’s regulator is focused on attracting investment into the upstream, putting a particular focus on new investment from medium and small companies, according to a recent presentation.
Financing and fossil fuels in Africa’s energy transition
“It’s transition on our own terms, with our own resources. We need to get smarter about how we articulate that, not as victims, or as people to be allowed to do things,” said Yvonne Ike, head of sub-Saharan Africa at Bank of America. “We need to work with the countries that get it, so from the Gulf, from Asia.”
Libya tensions rise amid oil threats, drone strike
Following Oun’s comments, the GNU on June 29 claimed to have carried out a drone strike on a site used by Russian mercenaries, the Wagner Group.
Petrofac takes Adnoc EPC prize at Habshan
“Petrofac has a long and strong track record supporting Adnoc in the UAE, rooted in our steadfast commitment to maximising local delivery, investing in the local supply chain, and developing local teams," said Petrofac Engineering & Construction COO Elie Lahoud.
Criterium sets out “Indonesia and beyond” thinking
“That should see steady production growth. From 1,000 bpd in 2023 that should double in 2024 and then triple in 2025.”
CGX share price slides despite Guyana success
Drilling costs have been an issue at the Wei well. In June, CGX reported these had risen to $190-195mn. Before drilling, the companies had predicted $130-140mn.
Perenco starts up marginal field in Cameroon
“Thanks to our proven know-how and the use of innovative solutions, Perenco has once again demonstrated its ability to transform previously untapped deposits into sources of vital energy production.”
Technip FMC, Technip Energies settle French investigation
The company then self reported to the French authorities. The PNF investigation focused on the two West African states and then expanded into work in Angola.
Eni strikes Congo sale with Perenco
Eni reports production from 18 blocks, of which it operates 12 – with 10 offshore and two onshore. In the upstream, its focus is around the deep waters off Pointe Noire and, onshore, in Koilou.
TotalEnergies wins WoodMac exploration gong for Venus find
Latham said the industry admired “operators who can not only open new frontiers, but also find large volumes of advantaged resources. TotalEnergies recent efforts and discoveries have been excellent examples of both trends.”
TotalEnergies’ London office vandalised in EACOP protest
“Many financial institutions have refused to underwrite this project and if TotalEnergies backs off, the government of Uganda would have a hard time funding this project, so we can win."
Springfield lines up cash for unitised Afina plan
Springfield is in conflict with Eni over this field. Springfield drilled the Afina discovery in November 2019.
Gulf-to-Europe hydrogen pipe feasible, consultants claim
"Together with Afry, we have identified a potential stable corridor to bring supply and demand together. The scale-up of hydrogen adoption goes through projects like this,” Bombardi said.
Doris wins FEED work on Korean floating offshore wind plan
Gray Whale 3 will be 60-70 km offshore the port of Ulsan. It is one part of a three phase development, which will have total capacity of 1.5 GW.
Total, Aramco dish out $11bn of EPC contracts
At FID, Total said it aimed to start commercial operations in 2027.