Africa's Oil, Gas and Energy News.
By Nigel Davies, Insights Editor, ICIS The impact of the coronavirus lockdowns on the oil, gas and chemicals industries’ integrated value chains is radically shifting relationships and profitability. It is … Read More
By Joseph Chang, Global Editor, ICIS Chemical Business In the wake of the coronavirus and collapse in crude oil prices, chemical, and oil and gas, and midstream companies will all … Read More
It has been almost exactly ten years since Anadarko drilled the well that would give Mozambique its first major gas find in over sixty years of mostly disappointing oil and … Read More
In 2019, offshore discoveries accounted for more than 60% of global discoveries, up significantly on previous years, says GlobalData, a leading data, and analytics company. The company’s report, reveals that … Read More
Qatar Petroleum has entered into an agreement with an ExxonMobil affiliate to acquire a 10% participating interest in three offshore exploration blocks in the Angoche and Zambezi basins in the … Read More
Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy and market natural gas from the … Read More
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
Mozambique’s fifth licence round winners Rosneft and ExxonMobil will sign an Exploration Production Concession Contract with the Mozambique government for blocks A5-B in the Angoche Basin and Z5-C and Z5-D in the Zambezi … 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
Eni, together with its Area 4 Partners, have announced that the Coral South FLNG multi-sourced project financing achieved financial close, for a total amount of US$ 4,675,500,000 split in the … Read More
