Africa's Oil, Gas and Energy News.
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$70 mark, and further confidence that the price will remain more stable this year, we will see international oil … Read More
ExxonMobil has announced the completion of a transaction by ExxonMobil Development Africa B.V. to acquire a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility … Read More
BDO has today published its 2020 OIL AND GAS PREDICTIONS report. The report spotlights four major trends to impact energy sources and infrastructure, forcing legacy national and corporate energy strategies … Read More
Eni, together with its Area 4 Partners, have announced that the Coral South FLNG multi-sourced project financing achieved financial close, for a total amount of US$ 4,675,500,000 split in the … Read More
Area 1 operator Anadarko has said it expects to invest approximately $150 million during 2018 primarily to fund its portion of the costs associated with preparing the site of the … Read More
