LogIn LogOut

Africa News

 

Uganda, Saipem Take Next Steps for Refinery

Mar 12, 2019

Uganda approved Italian oil services firm Saipem's plan for early engineering work on what is due to become a 60,000 barrel per day refinery in the East African country, a nascent oil producer, Saipem said on Tuesday.In April last year, Uganda signed a deal with a consortium…

BP Dishes Greater Tortue Ahmeyim Contracts

Mar 11, 2019

Oil major BP has awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts to services providers McDermott International and Baker Hughes, a GE company (BHGE), for the Greater Tortue Ahmeyim natural gas project…

Aker Energy Hits Oil Offshore Ghana

Mar 04, 2019

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, announced Monday that it encountered oil in the Pecan South-1A well south of the main Pecan field offshore Ghana.Aker Energy said it is in the process of analyzing…

Dutch Prosecutors Target Shell Over Nigeria Oil Deal

Mar 01, 2019

Dutch prosecutors are preparing criminal charges against Royal Dutch Shell over the $1.3 billion acquisition of an Nigerian offshore oilfield, ramping up pressure on the energy firm that already faces bribery charges in Italy over the case.Within hours of Friday's announcement on the Nigerian case…

Yinson, First E&P in $902 Mln FPSO Deal

Mar 01, 2019

Malaysia’s floating production storage and offloading (FPSO) operator Yinson and Nigerian oil company First Exploration & Petroleum Development Company Ltd (First E&P) have executed a contract for an FPSO to be deployed offshore Nigeria.The contracts worth $901…

Golar to Supply FLNG for BP

Feb 26, 2019

Golar LNG Limited announced Tuesday that its newly incorporated subsidiary Gimi MS Corporation has entered into a 20-year Lease and Operate Agreement (LOA) with BP for the charter of a floating liquefied natural gas (FLNG) unit, Gimi, to service…

Anadarko Nearing FID for Mozambique LNG

Feb 15, 2019

U.S. independent energy producer Anadarko moved closer to a final investment decision (FID) to build a giant liquefied natural gas (LNG) terminal in Mozambique after signing up an Indian buyer for the gas and saying another deal was imminent…

Aker Energy Eyes IPO

Feb 14, 2019

Norwegian oil company Aker said on Thursday that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an initial public offering or other means…

Tullow Oil Returns to Net Profit

Feb 13, 2019

Africa-focused Tullow Oil reported its first annual net profit in five years on Wednesday and said it would resume dividends with a 4.8 cent per share payout as it sets its sights on East African projects and drilling in Guyana.As flagged in November…

Uganda Expects Delayed First Oil Production

Feb 13, 2019

Uganda expects to begin producing oil in 2022, its energy minister Irene Muloni said on Wednesday, indicating a slight delay from the east African country's revised target of 2021.Uganda discovered crude reserves more than 10 years ago but production…

Shell, Eni, Exxon Win Concessions in Egypt

Feb 12, 2019

Royal Dutch Shell, Eni, BP and Exxon Mobil were among winners of Egypt's international tender for oil and gas exploration on Tuesday, with 12 concessions awarded in total.It marks Exxon Mobil's entry into gas exploration in Egypt, while Shell…

Giza and Fayoum Gas Fields Come Onstream

Feb 11, 2019

BP on Monday announced first gas production from the second stage of its West Nile Delta development offshore Egypt, marking the second start-up in a string of new upstream projects expected to be brought on line by the supermajor in 2019.The project…

Equatorial Guinea to Offer Ophir's Old Blocks

Feb 05, 2019

Equatorial Guinea will offer offshore Block R with the related Fortuna gas development project in the April licensing round, after the concession was reclaimed from Ophir Energy Plc, the oil minister said on Tuesday.Gabriel Obiang Lima told…

Eni Continues High-speed Gulf Drive

Feb 01, 2019

In less than 12 months Eni CEO Claudio Descalzi has turned the Middle East from a sideshow to a strategic hub for the Italian energy major. And the shift is not over.Since last March the 63-year-old has clinched nine deals in the United Arab Emirates…

Anadarko, CNOOC Ink Mozambique LNG Deal

Feb 01, 2019

Anadarko Petroleum Corp said on Friday a long-term agreement had been signed with the trading division of China's state-owned offshore oil and gas producer CNOOC Ltd to supply liquefied natural gas (LNG) from Mozambique.The deal will bring it…

Current News

Barakah Offshore Files Petronas Carigali Claim

Barakah Offshore Files Petronas Carigali Claim

GC Rieber Crew Boats Stay in Russian Far East

GC Rieber Crew Boats Stay in Russian Far East

PetroChina's oil and gas trade turnover up 5% in 2019

PetroChina's oil and gas trade turnover up 5% in 2019

Yinson: 8th Extension for Lam Son FPSO

Yinson: 8th Extension for Lam Son FPSO

Pacific Drilling Must Pay $320M for Rig Order Cancellation

Pacific Drilling Must Pay $320M for Rig Order Cancellation

Oil Slips on Doubts About U.S.-China Deal, OPEC Outlook

Oil Slips on Doubts About U.S.-China Deal, OPEC Outlook

Keppel working on 3D-Printed Offshore Grade Steel

Keppel working on 3D-Printed Offshore Grade Steel

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week