Everyone you talk to agrees environmental, social, and governance (ESG) is critical to finance. Where people differ, though, is how best to achieve the goals this timely initialism sets out to capture.
The Guyana-Suriname basin is helping drive a โsurgeโ of oil rig demand in South America, bucking the global trend of depressed activity, according to new analysis.
The Grand Tortue Ahmeyim gas field development, straddling the offshore waters of Mauritania and Senegal, is expected to produce its first gas in 2023 following delays related to the coronavirus pandemic, according to Senegalโs Oil Minister Sophie Gladima.
Kosmos Energy has dropped plans to sell down its stake in an LNG project offshore Mauritania and Senegal, instead opting to seek financing for its plans.
Ghanaโs Ministry of Energy has called for Eni and Springfield Exploration and Production to begin a process of unitisation covering the companiesโ Sankofa and Afina finds.
BP has declared force majeure on its Tortue LNG project with Golar LNG, saying it would not be ready to receive the floating unit in 2022 as a result of the coronavirus pandemic.
US Secretary of State Mike Pompeo has wrapped up a trip to three African states this week, where he noted the importance of deepening trade ties and the struggle against corruption.
Springfield Exploration and Production has discovered 50 metres of light net oil pay at its Afina-1 well, with gross thickness of 65 metres, offshore Ghana.
BP and its partners on the Greater Tortue Ahmeyim liquified natural gas (LNG) development have announced agreement on the Final Investment Decision (FID) for Phase 1 of the project.