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Uganda’s government is pushing to join “middle income” status, but success hinges on tapping into the crude oil in its Lake Albert Basin.
The company is intensifying efforts to deploy technologies at brownfields and greenfields in an effort to raise stagnant oil and gas production, according to its CEO.
Sonatrach and its foreign partners started production from several gas projects during the last few months.
By tying the subsea wells to shore via a subsea gathering system, capable of handling about 57 MMcm/d (2 Bcf/d) of gas, Anadarko and partners will help put Mozambique on the map as a global LNG supplier.
Egypt’s oil minister Tariq al-Mulla said the country will set some conditions before approving Israeli gas imports.
Enhanced completions onshore and subsea tiebacks offshore are contributing to production gains, but low commodity prices are taking away profit potential.
Egypt’s cabinet approved the $105 million deal to explore the North Sinai region of the Mediterranean Sea in March.
Chariot Oil & Gas Ltd. has secured the Ocean Rig Poseidon, a sixth generation deepwater drillship to drill one firm and one optional well, the company said on June 4.
Kenya will start the small scale export of crude oil from its fields in the far northern county of Turkana in June after an agreement on how to share the revenue, averting delays, the presidency said on May 19.
SDX Energy Inc. (TSXV, AIM: SDX) announced on May 18 the positive results of the well test conducted on the Ibn Yunus 1X well following the recent conventional natural gas discovery at South Disouq, Egypt.
Calima receives 56% interest and operatorship.
Royal Dutch Shell and its partners will decide next year on whether to go ahead with the development of Nigeria’s Bonga Southwest offshore oil field, a senior company official said July 31.
The Kaombo Norte FPSO was successfully brought onstream and will produce an estimated 115,000 barrels of oil per day, while the second one— Kaombo Sul— is set to start up next year, Total said.
The protests, which began on June 27, interrupted a trucking scheme that aims to transport about 2,000 barrels per day (bbl/d) of crude from northern oil fields to the coast. The pilot scheme was launched in June.
TechnipFMC (NYSE: FTI) said July 2 it has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 m (2,624 ft) and 1,000 m (3,280 ft).
Ingram said the company was in the process of converting the sales agreements into binding sales agreements and ramping up financing for the project.