Africa's Oil, Gas and Energy News.
ExxonMobil and Eni have announced that marketing efforts are underway for the Rovuma LNG project, which will produce, liquefy and sell natural gas from the gas fields of the Area 4 block offshore … Read More
Anadarko has announced Mozambique LNG1 Company, the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Heads of Agreement (HOA) with Tokyo Gas and Centrica LNG for the long-term supply of LNG. The co-purchasing off-take … Read More
U.S explorer and world’s largest public listed oil and gas company Exxon Mobil is reported to be ditching Tanzania for neighboring Mozambique according to a report by Reuters citing three … Read More
An average capex of $3.0bn per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020. Capital expenditure into Mozambique’s oil and gas projects, … Read More
Analysis of the global liquefied natural gas (LNG) regasification capacity shows that Japan has the highest LNG regasification capacity globally with 9.6 trillion cubic feet (tcf) in 2018. South Korea … Read More
Mozambique Area 1 operator Anadarko Petroleum announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale … Read More
EGS Survey has commenced a major offshore hydrographic and geophysical survey for Anadarko’s Mozambique Area 1 (AMA1) LNG development. The survey is expected to last up to three months and involves … Read More
Offshore Area 1 operator Anadarko and its Area 1 co-venturers have announced that they have established the foundational legal and contractual framework with the Mozambique government allowing them to commence … Read More
Oil price stability With the oil price pushing through to the US$70 mark, and further confidence that the price will remain more stable this year, we will see international oil … Read More
ExxonMobil has announced the completion of a transaction by ExxonMobil Development Africa B.V. to acquire a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility … Read More
