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Topic - Oil And Gas Exploration
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Apr 17, 2014
France's Total said on Thursday it had discovered oil in a deep offshore area in the west of Ivory Coast, the company's second oil find in a year in the West African country. "This well is the first discovery in the San Pedro Basin, a frontier exploration area in...
Mar 26, 2014
Independent oil and gas exploration and production company Camac Energy on Wednesday announced that the Parliament of Ghana had ratified an agreement, between the government of Ghana, Camac Energy Ghana, the Ghana National Petroleum Corporation (GNPC), Base Energy...
Mar 24, 2014
As a result of the growing global interest in the concept of the blue economy and the use of oceans to unlock potential, South Africa is developing a blue economy strategy, the Department of Environmental Affairs (DEA) said last week. As part of this process,...
Mar 21, 2014
In his State of the Nation Address last month, President Jacob Zuma reiterated government’s belief that hydraulic fracturing (fracking) would be a game changer for the South African economy, while Mineral Resources Minister Susan Shabangu announced in January that...
Mar 17, 2014
Independent oil and gas exploration and production company Camac Energy reported a net loss of $15.9-million, or $0.04 a basic and diluted share, for the full year ended December 31, 2013, on the back of lower crude oil sales. The loss came as the New York-listed...
Feb 24, 2014
Feb 24, 2014
Interest in oil and gas exploration, both offshore and onshore, in South Africa is set to spike over the next five years, with improvements in technology and a need for an alternative to the unstable Middle East providing more opportunities locally, says Petroleum...
Feb 11, 2014
Namibian power utility Nampower and Zambian private power utility Copperbelt Energy Corporation (CEC), last week signed a joint development agreement and a power export agreement for the Kudu power project, in Namibia. Kudu would be the first large power station to...
Jan 21, 2014
Nov 21, 2013
Nov 20, 2013
Nov 06, 2013
 
 
 
Oct 31, 2013
Saldanha Bay LPG terminal
The launch of the Saldanha Bay industrial development zone (IDZ) by President Jacob Zuma on Thursday signalled a new era for the development of an oil and gas servicing and repair hub in the Western Cape. The newly established IDZ was strategically located to serve...
Oct 23, 2013
Indian major Coal India Limited (CIL) was unlikely to secure the rights to coal bed methane (CBM) extractions on any of its tenement areas. According to a decision taken by the Petroleum and Natural Gas Ministry, if CIL were to enter CBM development, the company...
Sep 06, 2013
Mechanical-seals manufacturer AESSEALS is supplying four seals, worth R500 000, to concessionaire for oil and gas exploration on the subsoil and continental shelf of Angola, Sonangol. AESSEAL MD Rob Waites tells Engineering News that the company first started working...
Sep 03, 2013
Water and Environmental Affairs Minister Edna Molewa on Tuesday announced that companies wanting to use hydraulic fracturing, or fracking, to explore for shale gas in the Karoo would require a water use licence. The Minister gazetted a notice of intent to declare...
Mar 22, 2013
A recently developed membrane that is used to separate waste from water could become key in the treatment of pollutants ranging from acid mine drainage to oil-containing wastewater, as well as in processes ranging from desalination to kidney dialysis. The technology,...
Jan 30, 2013
Mining magnate Gina Rinehart was trying her hand at oil and gas exploration, by investing some A$4.25-million into ASX-listed Lakes Oil. Lakes Oil reported this week that it had issued notes worth A$6.3-million, which included A$4.25-million from a wholly owned...
Jun 01, 2012
Malawi’s Geological Survey Department (GSD) says investigations continue to unveil increased potential for the discovery of hydrocarbons in Lake Malawi and the lower Shire valley.
Nov 30, 2011
The oil and gas industry has been working toward the digital oil field of the future
Nov 29, 2011
African Petroleum Corporation Limited, is pleased to announce that its wholly owned subsidiary, African Petroleum Senegal Limited, has entered into an agreement with the Société des Pétroles du Sénégal and the République du Sénégal to acquire two offshore...
Oct 21, 2011
Engineering and construction contractor Foster Wheeler reports that the technical portion of a feasibility study for a planned gas-to-liquids (GTL) study, in Canada, is on track and is expected to be complete during the fourth quarter of this year.
 
 
 
 
Oct 10, 2011
Cooper Energy Limited is pleased to announce its wholly owned subsidiary, C. E. Tunisia Bargou Ltd has signed a Farm-in Agreement with Dragon Oil Ltd., a wholly owned subsidiary of Dragon Oil plc, under which Dragon Oil will acquire a 55% working interest in the...
Aug 26, 2011
Business-led think tank Accelerate Cape Town says it is important to push the growth of the West Coast economic corridor, including Atlantis and Saldanha Bay, where major developments are expected to occur in the oil and gas and transport sectors.
Jun 20, 2011
Attached please find a press release on: US‐focussed oil and gas exploration and production company, Target Energy Limited (“Target”; ASX:TEX), is pleased to provide the following updates.
Apr 01, 2011
Operators in the Haynesville shale area of North America, which is located on the border of east Texas and western Louisiana, are rushing to secure leases and keep their foothold in the region. Global oil and gas producer Shell, which holds an interest in seven...
Apr 01, 2011
Operators in the Haynesville shale area of North America, which is located on the border of east Texas and western Louisiana, are rushing to secure leases and keep their foothold in the region. Global oil and gas producer Shell, which holds an interest in seven...
Apr 01, 2011
Operators in the Haynesville shale area of North America, which is located on the border of east Texas and western Louisiana, are rushing to secure leases and keep their foothold in the region.
Sep 22, 2010
Oil and gas exploration and development company Sasol Petroleum International (SPI), a unit of JSE-listed Sasol, has signed an agreement to explore another onshore gas concession in Mozambique Known as ‘Area A', the concession covers some 8 370km2 and is adjacent...
Sep 03, 2010
The six-month moratorium on oil and gas exploration, issued by the Obama Administration on May 30, shortly after the oil spill in the Gulf of Mexico, might trigger a loss of more than 8000 jobs, nearly $500-million in wages and more than $2,1-billion in economic...
Aug 24, 2010
A 15% interest in M-10 hydrocarbon exploration block, offshore Mozambique, has been assigned to Empresa Nacional de Hidrocarbonetos (ENH), the Southern African country's State-owned oil and gas exploration company. South Africa's Sasol Petroleum International (SPI)...
Jun 15, 2010
South Africa's exploration regulator Petroleum Agency SA has issued shale gas permits to Shell International and oil and gas company Falcon, with Sasol and Anglo American still in the queue. Petroleum Agency SA - headed by CEO Mthozami Xiphu and entirely separate...
 
 
 
 
Jun 02, 2010
Attached please find a press release on: All oil and gas exploration and processing projects should be supported with a tailored strategy for their maintenance and inspection requirements, and facilities should be started up with their Maintenance and Inspection...
Mar 26, 2010
Diversified miner Anglo American – as well as Shell International – have applied to explore for shale gas in South Africa's arid Karoo, Petroleum Agency SA frontier geology manager Jennifer Marot tells Mining Weekly Online. This follows the news that South...
Mar 16, 2010
Following a period of relative inactivity in offshore oil and gas exploration, the Petroleum Agency South Africa has announced that it is reviewing a number of offshore oil and gas exploration applications. The most notable exploration right application was...
Mar 05, 2010
A significant development in the oil and gas industry is the move away from conventional sources of oil and gas to a focus, locally, on coal-bed methane and, more recently, shale gas, explains petroleum industry body Petroleum Agency South Africa (Pasa) CEO Mthozami...
Oct 27, 2009
A logistics facility, which would serve as a new West African base for a subsidiary of independent oil and gas exploration company Noble Energy, would be established at the Luba Freeport in Equatorial Guinea, Lonrho said on Tuesday. The proposed 14 823 square metre...
Oct 13, 2009
Attached please find a press release on: US-focused oil and gas exploration and production company Red Fork Energy Limited (“Red Fork” or “the Company”) is very pleased to announce that it has entered into an agreement to acquire a large natural gas producing...
Sep 10, 2009
Attacched please find a press release on: US-focused oil and gas exploration and production company Red Fork Energy Limited (“Red Fork” or the “Company”) is pleased to announce that the Fuss #3-33 well at West Tulsa successfully reached its target depth of...
Aug 18, 2009
Attached please find a press release on: Universal Africa Lines (UAL), the world’s premier specialist shipping service to the West African oil and gas industries, has opened a South African branch and launched a fortnightly shipping route to supply West African oil...
Aug 07, 2009
The City of Johannesburg has – through HSBC Bank – arranged loan finance from Brazil’s BNDES Export Credit Agency (ECA) to fund the purchase of the 143-strong Rea Vaya bus fleet required for phase 1A of the bus rapid-transit system, set to start operations on...
Jul 24, 2009
Russian oil and gas exploration company Sintezneftegaz (also rendered as Sintezneftgaz in western script) has discovered what could be a major natural gas reservoir off the coast of Namibia. According to Namibian Ministry of Mines and Energy Petroleum Commissioner...
 
 
 
 
Jan 14, 2009
Nigeria’s largest energy group, Oando, has purchased a 15% interest in the production sharing contracts of offshore Nigerian oil mining licenses 125 and 134, from oil and gas exploration company Nigerian AGIP Exploration. The transaction is worth an estimated...
Nov 28, 2008
Brazilian mining giant Valesaid on Friday it agreed to buy Petroleum Geoscience Technology Ltda (PGT), an oil and gas exploration and production company, for 15-million reais ($6,44-million). Vale, the world's biggest miner and exporter of iron ore, is investing in...
Nov 14, 2008
The Hasdrubal project involves the construction of a standalone, concurrent gas, condensate, and oil system in the Gulf of Gabes in 62-m water depth, about 100 km from the coast.
Aug 08, 2008
Attached please find a press release on: US-focused oil and gas exploration and production company Red Fork Energy Limited (“Red Fork” or the “Company”) (ASX: RFE) is pleased to announce that it has secured a United States based joint venture partner for a...
Jun 13, 2008
ROCKETING oil prices may be hammering the commercial airline industry, but they are stimulating the commercial helicopter sector worldwide, and opening a major new opportunity for South African-owned and -based Starlite Aviation
 
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