Sonangol seeks buyers for its blocks
Sonangol has launched a sales process for eight blocks in line with its exploration and production strategy.
Sonangol has launched a sales process for eight blocks in line with its exploration and production strategy.
ConocoPhillips is seeking to sell its share in the giant Corridor onshore gas block in Indonesia estimated to be worth more than $1.5 billion. However, given the scale of the project and uncertainties around its future, the US major could struggle to find a buyer.
Italy’s Eni is getting ready to prepare a field development plan for its deep-water Maha field offshore Indonesia after successfully drilling and appraising its Maha-2 well.
BP is considering the transfer of its assets in Algeria to Eni, according to a report from Reuters.
Proposed new regulations signal that the Indonesian government appears to have recognised the importance of supporting carbon capture and storage (CCS) schemes. Such regulations will be crucial to encourage major companies, such as BP and Repsol, to invest in significant new upstream production in Indonesia.
The assets of troubled upstream player Saka Energi could be put up for sale as part of an effort to resolve the heavily indebted company’s financial predicament amid a tussle between Indonesia’s state-owned enterprises (SOEs).
Nigerian National Petroleum Corp. (NNPC) has signed an agreement with its partners on OML 118, home of the Bonga field.
UK oil and gas firm Tailwind Energy has sold its 100%-operated interest in the Conwy field to the British subsidiary of Italian oil firm Eni.
A lack of co-operation between Eni and Springfield E&P in Ghana risks losing the state $6.34 billion, the Institute for Energy Studies (IES) has warned.
Eni and BP are considering combining their upstream portfolios in Angola in the pursuit of increased investment and growth.
Equinor has solidified its position as one of the frontrunners in floating offshore wind with a new collaboration agreement.
A raft of North Sea decommissioning contracts are on the way from operators including Harbour Energy, Eni, CNOOC, Taqa and more.
Aker Solutions’ order intake and backlog both grew by about a fifth during the first quarter of 2021.
Dogger Bank Wind Farm has unveiled a “revolutionary platform design” that will deliver a 70% reduction in the weight of its topsides.
Santos is exploring potential liquefied natural gas (LNG) expansion developments for its Darwin export plant in northern Australia after signing a memorandum of understanding with Italy’s Eni.
Australia’s Santos and Italy’s Eni are investigating options to re-purpose the Bayu Undan facilities to extend the life of the project, including a carbon capture and storage (CCS) scheme.
Eni has swung back to profits in Q1 as commodity prices improved, and announced plans for an IPO or stake sale in a new renewables unit.
The Eni-led Merakes deep-water development in the East Sepinggan block offshore Indonesia has started gas production in the Kutei basin.
East Africa is in a prime location to export gas globally but growth and progress has largely been slow, largely because of fluctuating liquified natural gas prices, political instability and terrorism.
UK-listed Pharos Energy is excited about its upcoming Vietnam activities with a 3D seismic shoot lined up over a high-potential exploration permit and a six-well production drilling programme set to start at its Te Giac Trang offshore oilfield.
Italy’s Eni has expanded its acreage position around a major gas discovery offshore Vietnam after acquiring a 100% interest in Block 115/09 from struggling Singapore company KrisEnergy.
Oil and gas producers will be subject to tougher liabilities and rules around decommissioning in Australia in an effort to prevent a repeat of the Northern Endeavour fiasco, which is expected to cost taxpayers over $190 million.
Eni has made a new light oil discovery in Block 15/06, offshore Angola, close to its existing infrastructure.
I spent a few weeks in the mid-70s blowing up glacial boulders on the Norwegian Statfjord field in preparation for the arrival of the Statfjord Alpha platform.
Libya has entered a “rare period of political stability” but it faces two major challenges, according to a recent Verisk Maplecroft report.