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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.
The project will initially develop the Tortue discovery; however, there are several other smaller discoveries and more than a dozen prospects nearby that could add upside to this Atlantic Margin presalt play.
Enhanced completions onshore and subsea tiebacks offshore are contributing to production gains, but low commodity prices are taking away profit potential.
SDX Energy Inc. (TSXV, AIM: SDX) announced on April 20 that a conventional natural gas discovery has been made at its LNB-1 exploration well on the Lalla Mimouna permit in Morocco (SDX 75 %).
BW Offshore said April 9 that it has successfully drilled and completed its first development well, DTM-2H, located in the Tortue field, within the Dussafu license, offshore Gabon.
Operations are expected to take approximately 50 days.
Bowleven Plc said Feb. 1 it has hit a key milestone in the appraisal drilling campaign of its Etinde asset, in which the company holds a 25% offshore interest.
BP (NYSE: BP) and Kosmos Energy (NYSE: KOS) have won exploration rights to two offshore oil blocks in Sao Tome and Principe’s exclusive economic zone, the national oil agency said on Jan. 23.
National Oil said in a statement seen by Reuters on April 12 that the agreement with Schlumberger would create a development blueprint for the field in the next year.
The terms of loan will give Shell Western Supply and Trading sole access to the 16,000 barrels per day of oil the company pumps in two fields off Nigeria’s oil-rich Delta region.
SDX Energy Inc. has discovered oil at its Rabul 5 well in the West Gharib Concession in Egypt.
The $16 billion offshore project will add a significant amount of oil to Africa’s number two exporter at a time when it is bound by output limits under a deal orchestrated by OPEC.
Anadarko Petroleum Corp. (NYSE: APC) has received official approval from the government of Mozambique for the Golfinho/Atum field development plan.