Africa's Oil, Gas and Energy News.
An average capex of $3.0bn per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020. Capital expenditure into Mozambique’s oil and gas projects, … Read More
Anadarko Petroleum has announced that it has received official approval from the Government of Mozambique for the Golfinho/Atum Field Development Plan. The Development Plan outlines the integrated onshore project from the reservoir … Read More
Mozambique Area 1 operator Anadarko Petroleum announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale … Read More
EGS Survey has commenced a major offshore hydrographic and geophysical survey for Anadarko’s Mozambique Area 1 (AMA1) LNG development. The survey is expected to last up to three months and involves … Read More
Norwegian explorer Statoil has said it will no longer engage with Mozambique on acquisition of the offshore Angoche Area A-5 Block citing lack of progress since talks began in 2015 … Read More
Wentworth Resources estimates that Tembo-1 appraisal well could spud in Q3 2018 subject to securing a partner according to its latest investors update. According to the operator design and procurement … Read More
Spectrum has announced the commencement of a 2D seismic survey offshore Mozambique on behalf of the Institute of National Petroleum (INP) and in anticipation of future license rounds. This new … Read More
Eni, together with its Area 4 Partners, have announced that the Coral South FLNG multi-sourced project financing achieved financial close, for a total amount of US$ 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
Wentworth has announced that it is undertaking a restructuring process to better align its corporate and management structures with its shareholders and asset base in Africa, to increase management efficiencies … Read More
