Kosmos sales slide despite hedges
Kosmos Energy reported a net loss of $199 million for the second quarter of the year, with an adjusted net loss of $95mn.
Mauritania
BP backs away from frontier exploration
Despite challenges thrown up by the coronavirus outbreak, BP’s production in Africa was largely unchanged, although exploration and development has been pushed back.
Golar burns a candle for future FLNG plans
New liquefaction projects are unlikely for the time being, Golar LNG has said, but in the longer run its floating LNG (FLNG) technology is an attractive option for exporting gas.
Kosmos takes a second slice off capex
Kosmos Energy has cut spending for a second time in a month and confirmed delays at the Tortue LNG project, where it works with BP.
BP hits force majeure brakes at Tortue LNG
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.
BP scraps CSEM survey from EMGS
BP has cancelled a planned controlled source electromagnetic (CSEM) survey off Mauritania and Senegal, that was due to be carried out by Electromagnetic Geoservices (EMGS).
Kosmos to lean on BP at Tortue LNG
Kosmos Energy has set out plans to reduce planned capital expenditure in 2020 to under $250 million.
Kosmos boosts 1P reserves with BP deal
BP has signed a sale and purchase agreement (SPA) for LNG from the first phase of its Greater Tortue Ahmeyim LNG project.
Exploration in 2020: Transition, what transition?
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many E&P boardrooms in 2019, but the impact on exploration drilling is not yet apparent.
Offshore seismic on the up
Confidence continues to return for offshore work, with offshore seismic companies reporting improved performance from contract work, while multi-client continues to lag.
Perenco’s Cameroon drilling plans shore up FLNG outlook
Perenco’s floating LNG (FLNG) project in Cameroon has exported 29 cargoes to date and is planning a drilling campaign, in 2020, in order to prove up additional reserves.
Kosmos scores in Equatorial Guinea
Kosmos Energy notched up $16 million in net income for the third quarter, while also celebrating a discovery offshore Equatorial Guinea.
BP, Kosmos in major gas find off Mauritania
BP and Kosmos Energy have made a "major gas discovery" offshore Mauritania.
Expro wins £16m decommissioning work for Petronas
UK oilfield services firm Expro has been awarded a £16million contract to help decommission an offshore field for Malaysian operator Petronas.
Shell agree deal to drill off Mauritania
Oil giant Shell has agreed two production sharing contracts with Mauritania for the exploration of two offshore blocks.
Exxon signs contracts for three blocks off Mauritania
US oil major ExxonMobil has signed production sharing contracts with the government of Mauritania for three deepwater offshore blocks.
Chariot Oil & Gas backs away from C-19 licence in Mauritania
Chariot Oil & Gas said it has decided not to enter into the first renewal phase of the C-19 licence in Mauritania.
Sterling losses widen after Chinguetti production dip
Sterling Energy said its loss widened in the first quarter of 2016, as production from its Chinguetti field in Mauritania fell due to temporary flow assurance issues.
Sterling Energy exits Mauritania block
Sterling Energy today confirmed it had completed its withdrawal from the block C-3 located offshore the Islamic Republic of Mauritania.
Sterling Energy withdraws from Mauritania block
Sterling Energy has submitted a notice of withdrawal to its joint venture partners from Block C-3, offshore Mauritania.
Sterling takes a stake offshore Mauritania
Sterling Energy has confirmed a 13.5% working interest in the deepwater C-10 block offshore Mauritania.
Sterling reports third quarter loss on falling production
Sterling Energy made a loss after tax of $1.6million in the third quarter of 2015, as production from its main Mauritanian asset began to decline.
Chariot looks ahead to African potential
Chariot Oil & Gas, the Atlantic margins focused oil and gas exploration company, has said it has sufficient cash to pursue additional opportunities, including prospects in Mauritania.