Honeywell signs on to FEED at Libya refinery plan
The first phase will consist of front-end engineering and design (FEED) works. The second phase, on construction and commissioning, will be agreed at a later stage, Zallaf said.
The first phase will consist of front-end engineering and design (FEED) works. The second phase, on construction and commissioning, will be agreed at a later stage, Zallaf said.
Heat pumps won a seal of approval from the panel, but the verdict on hydrogen was more bleak for meeting domestic demand.
However, in legal papers filed at the Federal High Court in Abuja it has accused the former chairman of making an offer worth $300 million to the Minister of State for Petroleum Resources. The alleged letter was dated December 22, 2022.
“The business is now determined to add new revenue streams that build a stronger business”, said CEO Paul Weir.
Studies from Masdar highlight the importance of new drilling and completions technology to control costs.
Aoun said Saied’s comments might refer to the continental shelf, rather than the Bouri field. Tunisia and Libya have established the Joint Oil company to work in this area, although this has not made any progress in recent years.
Once the Blackford Dolphin completes its work for General Hydrocarbons, it will stay in Nigeria for work with Peak Petroleum, at a higher day rate.
Eco Atlantic has begun the regulatory process of applying for an exploration well offshore South Africa in the Orange Basin.
Officials have recovered the body of the crew member and will return him to his family.
Infinity Power chairman Mohamed Ismail Mansour said the company planned to reach 2 GW of greenfield projects by 2025.
ExxonMobil has issued a call for companies to build an onshore LNG plant in Mozambique, amid signs of new confidence in the conflict afflicted north.
“Given the state owned, monopolistic nature of CTF the company was deprived of normal contractual remedies and was forced to wait until a suitable rig became available,” he continued.
Gas volumes will also grow, he said. It is currently producing 1.5 billion cubic metres per year and this will grow to 5.5 bcm “at the next development stage" Tass reported the manager as saying.
Sasol signed on to the PPA in January. The petrochemical company is shifting away from coal to gas, ultimately aiming to focus on green hydrogen.
It intends to broker deals with service companies, where they provide work in exchange for a service fee recoverable from production.
Sonatrach described the expansion project as one of its pivotal projects, which would help the company expand internationally.
JGC noted that the facility would use an e-drive system. This involves the use of electric motors in the natural gas compressors, rather than conventional gas turbines, which will reduce CO2 emissions during operation.
However, “a small number of inconsistencies in standard fittings were identified” during this process. As a result, Jadestone is now tackling these problems in order to ensure safety.
The statement said countries in need “will not prosper without domestic players who are willing to solve their unique challenges”.
The $2.8 billion plant will also be equipped with carbon capture and storage (CCS).
“We do not support any arrangement that disadvantages our people. In the current set up, our Nzema community bears the risk of losing its land. However, it has no upside and no guarantee of future and ongoing royalties or profits for Nzema.”
ExxonMobil could invest $15 billion through 2030 if it makes commercial oil discoveries in the Namibe Basin, Paulino Jeronimo, chairman for the Angola National Agency for Petroleum, Gas and Biofuels, said in Luanda.
De Bruyn said iMbokodo had been set up with an eye on the draft bill and that the company was “compliant with government expectations”.
Petronas will also be upgrading its rig capabilities as well as providing third party drilling services for other companies over the next three years, the firm said in its recent outlook.
This year, the company aims to focus its spending in Gabon. It will spend $100mn on development, of which $85mn will be in Gabon.