Total has closed its purchase of Anadarko Petroleum’s 26.5% stake in the Mozambique LNG project.
London-listed Solo Oil is cutting assets it no longer sees a future in and shaking up its personnel, in part of its drive to become a mid-cap exploration and production company.
Eni’s CEO Claudio Descalzi is under investigation over a potential conflict of interest in Congo Brazzaville.
Uganda and Tanzania are pushing ahead with their plans for the East African Crude Oil Pipeline (EACOP) despite Total’s decision to put work on hold, following the breakdown of talks on the sale of Tullow Oil’s Ugandan stakes.
The week the Libyan uprising began in 2011 was one like any other for workers at Italian oil company Eni SpA in the North African country. They played soccer and watched movies, oblivious to the battles with police and mounting deaths in the revolution that toppled Muammar Qaddafi.
Ghana has set out a proposal on how to develop potential cross-border resources with its neighbour, Cote d’Ivoire.
Algeria’s state-owned Sonatrach has held talks with Chevron this week, with technical workshops held in order to consider joint opportunities.
Chariot Oil & Gas is covered for its near-term work commitments but to step ahead it must sign up partners for its various projects.
Total’s investor presentation walked a fine line between commitments to new projects and steps to secure the confidence of investors.
Aminex is becoming more positive on its delayed farm out in Tanzania, giving it sufficient confidence to get under way with preparations for the Chikumbi-1 well.
Nigeria is set to make a fresh push into rehabilitating its poorly performing refineries, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari said on the weekend.
BP has had further success off Senegal, with its Yakaar-2 appraisal well finding more gas.
Libya’s National Oil Corp. (NOC) is fighting a rearguard action to secure the company’s unity, following the establishment of a rival board of directors for the Brega Petroleum Marketing Co. (BPMC).
The Algerian government has set out steps intended to bring an end to the discontent that has left the country paralysed since February.
An Abuja court has found two officials from Ireland’s Process and Industrial Developments (P&ID) guilty on a number of fronts. This led to the Nigerian judge declaring all of P&ID’s assets to be forfeit.
Europa Oil & Gas has signed up to explore Morocco’s Inezgane offshore permit, with the aim of hunting Lower Cretaceous fans.
Vitol and Mozambique’s state-owned Empresa Nacional de Hidrocarbonetos (ENH) have set out plans for a trading-focused joint venture.
SDX Energy has struck oil at the West Gharib block, in Egypt, and begun producing.
Angola’s new regulator held its London roadshow on September 17, touting the new opportunities in its Namibe and Benguela basins.
BP has announced first gas from Egypt's Baltim SW (BSW) field two months ahead of schedule.
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.
China National Petroleum Corp. (CNPC) signed a transportation convention with Niger on September 15.
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.
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).
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.