Anadarko Allocates $200M Towards Mozambique LNG Project

Anadarko Petroleum the operator in Mozambique Offshore Area 1 has said it has allocated approximately $200 million toward its LNG project, pre FID (final investment decision), for its’s portion of the costs … Read More

EOPS: 30,000 Barrels of Crude Oil Stored in Mombasa

Already 30,000 barrels of crude oil have been stored at the Mombasa based refinery since the trucking of stored oil at the Ngamia fields in mid this years. Currently the … Read More

Fast-Track PSTM Data from CGG’s Mozambique Multi-Client Survey Out

CGG has announced that the fast-track 3D seismic data from its recent Mozambique multi-client survey in the outer Zambezi Delta Basin is now available for license. Interested international oil companies … Read More

Outlook for Africa’s oil & gas industry improves – PwC report

The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to … Read More

Lundin Petroleum faces potential corporate fine & forfeiture of economic benefits in relation to past operations in Sudan

Lundin Petroleum has received notification from the Swedish Prosecution Authority on 1 November 2018 that the Company may be liable to a corporate fine and forfeiture of economic benefits in connection … Read More