LNG from East Africa – how the odds are stacked
Story by lexology.com How much gas? Vast amounts. Mozambique alone is estimated to have gas reserves of up to 150 trillion cubic feet (TCF) and Tanzania potentially as much as 50 … Read More
Tag: Anadarko
Wentworth Resources commences drilling at Mozambique’s Tembo-1 well
[twitter-follow screen_name=’oilnewskenya’] Wentworth Resources has announced that drilling operations have commenced on the Tembo-1 well in the Rovuma Onshore Concession in northern Mozambique. Wentworth has an 11.59 percent net interest in this … Read More
Smaller firms will lead East Africa’s oil and gas development
Source: Reuters Smaller oil explorers willing to take financial and operational risks will lead the development of East Africa’s oil and gas industry as majors ditch riskier projects as margins … Read More
Mozambique sell helps cushion Anadarko from bigger losses
Anadarko Petroleum has reported a net loss of $2.669 billion largely driven by a contingent loss of $4 billion from the Tronox Adversary proceeding agreement. The sale of a portion … Read More
Eastern Africa Oil,Gas/ LNG& Energy Conference starts in Nairobi
The conference and summit brings together stakeholders in the oil and gas industry including government, African National Oil companies, Licensing agencies, foreign state national players and the supporting service industry. … Read More
Piracy could threaten Mozambique’s Gas exploration and production
[twitter-follow screen_name=’oilnewskenya’] A professor at the Aquino de Braganca Centre for Social Studies in Maputo Joao Paulo Coelho has warned Somali pirates could be a cause for maritime security off … Read More
Exploration in Kenya’s Block L10A to continue as Sunbird-1 analysis continue
JV partner Pancontinental Oil and Gas has advised that the BG Group-operated Sunbird-1 well off the southern Kenyan coast has been completed and the well has intersected a hydrocarbon-bearing zone in the top of the … Read More
OVL may raise USD 500-700 m to fund Mozambique acquisition
Story by Moneycontrol.com ONGC Videsh Ltd plans to raise USD 500-700 million loan by pledging future crude oil production from its overseas assets, to fund the acquisition of a Mozambique … Read More
Anadarko sells two-thirds of Mozambique LNG capacity
[twitter-follow screen_name=’oilnewskenya’] Reuters Anadarko Petroleum has sold two-thirds of the capacity of its planned Mozambique liquefied natural gas (LNG) project to Asian customers and hopes to have the rest sold soon, … Read More
Comoros ratifies Discover exploration production sharing agreement
Discover, the privately owned, geology-led, oil and gas exploration company specialized in deep water petroleum systems, has announce the ratification of its Production Sharing Contract covering offshore blocks 35, 36 … Read More