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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.
The Topaz Driller is a Baker Marine Pacific Class 375 jackup, which was recently mobilized to Cameroon by NewAge as operator for the Etinde license for two appraisal wells and is currently employed in Gabon.
Companies expected to invest include ExxonMobil, Kosmos Energy, Marathon Oil Corp. and Noble Energy.
Algeria’s state-owned oil and gas company Sonatrach will launch offshore drilling with France’s Total (NYSE: TOT) and Italy’s Eni (NYSE: E) on two sites in the east and west of Algeria at the start of 2019, its CEO said on Oct. 7.
Maersk Drilling has signed a contract with Aker Energy for Maersk Viking, an ultradeepwater drillship, to drill the Pecan-4A appraisal well offshore Ghana, the company said Sept. 25.
Africa-focused Tullow Oil will abandon its first well in Namibia, but data gathered in the project indicated it might strike lucky in another attempt, the company said Sept. 24.
The Tortue floating LNG facility will produce 2.5 million tonnes of LNG per year. The field holds total gas resources estimated at around 15 trillion cubic feet.
The three firms currently each hold a 33.3% stake in the fields, and Tullow is now selling 21.5% of its stake, which will be split equally between Total and CNOCC.
The work includes the installation of a second 30-in, diameter gas export pipeline, infield clad lines, umbilicals and electrical/fiber optic cable as well as EPCI work for the 10-well, deepwater field development, Saipem said in the release.
Sonangol EP and ExxonMobil Corp. (NYSE: XOM) on Dec. 14 signed a memorandum of understanding defining the intention of signing the risks with service contracts , for Blocks 30, 44 and 45 of the Namibe Basin.
Eni (NYSE: E) discovered oil at the Afoxé exploration prospect located in Block 15/06 offshore Angola, the company said Dec. 10.