Eni, Statoil land Angoche area A5-A block license offshore Mozambique

Eni, Statoil together with partners have announced they have been awarded the A5-A block offshore Mozambique in the fifth competitive bidding round one of three blocks that had remained unlicensed … Read More

World’s Largest Oil Expo cippe to Open Beijing this week

China International Petroleum & Petrochemical Technology and Equipment Exhibition (cippe) will be held on March 26th to 29th in Beijing in an event expected to attract many well-known enterprises at … Read More

Wentworth Resources to earn $140 million in Tanzania’s LNG project by 2019

Wentworth Resources projects it will make $20 million for first full year and $140 million over first 5 years of production net of operating and on-going development costs according to … Read More

Wentworth anticipates its first gas delivery from Tanzania to be in Q1 2015

Wentworth resources which has interest in the Mnazi Bay concession expects its first gas delivery in the first quarter of 2015 according to a presentation made in June to investors. … Read More