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Oil & Gas News

Oil begins flowing at $2,7bn Angola field

6th December 2001 The first oil has started flowing from Angola’s giant $2,7-billion Girassol field in block 17, the world’s largest deepwater development, operator TotalFinaElf said. 

Angola expects $23bn in oil FDI in next five years

5th December 2001 Angola’s oil sector is expected to receive about $23-billion in investment over the next five years, Minister of Petroleum Jose Botelho Vasconcelos said. 

New Angola well poised for production

5th December 2001 The first oil will soon gush from Angola’s giant Girassol field in block 17, French oil company TotalFinaElf said. 

Russian wind farm still on cards

3rd December 2001 US wind turbine company Enron Wind, a unit of troubled energy firm Enron, said it might build Russia’s first big wind- arm with Swiss/Swedish industrial group ABB . 

Nuclear techniques for flies and water

By: Kelvin Kemm     30th November 2001 I was invited to be a member of a discussion panel at a public information seminar on nuclear issues held in Cape Town. The seminar was titled: 'Serving human needs: Nuclear energy and technology for Africa’. It was attended by a couple of hundred people, covering a wide cross section. 

Sam Mosikili, Alstom South Africa

30th November 2001 Sam Mosikili Alstom South Africa 

Resources group announces big oil production boost

28th November 2001 No longer seeking a marriage with fellow Australian oil company Woodside Petroleum, BHP-Billiton mapped out a heady growth strategy to increase oil production by 5,5% a year. 

Development plans on cards for Nigeria’s oil territories

27th November 2001 The European Union (EU) and a Nigerian government development agency are scheduled this month to launch separate plans to develop the troubled oil-producing region of Nigeria. 

Gas entering Southern African energy mix

By: Terence Creamer     27th November 2001 The poverty-stricken Southern African country of Mozambique is set to receive more than $2-billion in royalties and taxes over the life of the $1,2-billion natural gas project being developed by South Africa’s petrochemical giant Sasol. 

Local academics pursue vanadium-battery research

23rd November 2001 A research project involving a system that is able to supply reliable and continuous electricity has been launched at the University of Stellenbosch. 

Nigeria to get bigger slice of oil profits

23rd November 2001 Oil majors operating in Nigeria have agreed to increase the Nigerian government’s share of oil profits to 30% from the present 20%, State-run Nigerian National Petroleum Corporation (NNPC) said. 

Oil giant plans to double output at Angola refinery

21st November 2001 French giant TotalFinaElf aims to increase capacity at its oil refinery outside Luanda by roughly half to an annual throughput of three-million tons of crude by 2004, a senior company official said. 

Proposal to enhance transformer life

By: Laura Franz     16th November 2001 Extending the lifespan of South Africa’s transformers from an average of 25-years to the more universal 50-years is achievable, maintains oil purification, desludging and regeneration service provider Karabo Transformer Oil (Karabo), of Bloemfontein. 

$6m resin plant nears completion

16th November 2001 The $6-million ortho-cresol novolac (OCN) plant – a joint venture between Sumitomo Chemical Company, of Japan, and Merisol, which is in itself a joint venture between the South African-based Sasol group and Merichem, of the US – is in the final stages of construction, testing and... 

Oil exploration off Kenyan coast

12th November 2001 The Kenya government has signed a $270 000 agreement with UK-based Star Petroleum to prospect for oil in the Indian Ocean, the Ministry of Energy said. 

Saudi's set up new energy holding company

8th November 2001 Saudi Arabia stated that a new energy services holding company to provide a platform for further private and foreign investment in the kingdom’s multibillion-dollar gas development initiative could be up and running in December. 

Biggest volcano ever seen

By: Kelvin Kemm     2nd November 2001 A new volcano has erupted and its plume shot 500 km straight up. 

A letter from The D Warner

By: Terry Mackenzie-hoy     2nd November 2001 I got a letter from a person who signs themselves ‘D Warner’. The letter is as follows: 

Prepayment water offer to deal with arrears

By: Jill Stanford     2nd November 2001 CAPE Town companies Tellumat and Rhomberg claim to have the answer to the city's problem of recovering hundreds of millions of rands in outstanding water revenues. 

State oil firm to pursue high-value chemicals

By: Martin Zhuwakinyu     2nd November 2001 The new company to arise from the merger of synfuel producer Mossgas and oil and gas explorer Soekor may broaden its product range to lessen its dependence on the production of synfuels, reports chairperson Sipho Mkhize. 

Oil major thumbs nose at renewables

1st November 2001 US oil giant Exxon Mobil defended its decision not to invest in renewable energy at an industry conference in London and said it was focusing on energy efficiency instead. 

Algeria delays oil, gas bidding process

1st November 2001 Algerian State-owned oil and gas giant Sonatrach has delayed to next week the opening of bids for the development of oil and gas projects, a company official said. 

Sudan oil project for sale

31st October 2001 Talisman Energy has indicated that it could sell its stake in war-torn Sudan’s biggest oil project to Sweden’s Lundin Petroleum. 

New Egyptian well begins producing

30th October 2001 US Ocean Energy has begun production at its newly-discovered find offshore, Egypt, which will almost double the firm's output in the country, a company official said. 

Radwaste, compare their ice and our sand

By: Kelvin Kemm     26th October 2001 The National Nuclear Regulator (NNR) invited Mr Jukka Laaksonen to visit South Africa to present the annual NNR Guest Lecture. Mr Laaksonen is the director general of the Radiation and Nuclear Safety Authority of Finland, which is known by its Finnish abbreviation STUK. 

Maurice Radebe, Exel Petroleum

26th October 2001 Maurice Radebe Exel Petroleum 

Nigeria plans big LPG investment

25th October 2001 Techno Oil Nigeria has concluded arrangements to establish a liquefied petroleum gas (LPG) extraction plant worth about R50-million in the Niger Delta in order to boost operations of the company. 

Australia's environment-friendly transport

By: Karel Smrcka     19th October 2001 International concern over the environmental impact of the use of fossil fuels for transport is growing and the search is under way for viable, alternative replacements. 

US technology for Africa

19th October 2001 International firm ExxonMobil Research and Engineering and Imperial Petroleum Recovery Corporation (IPRC) are undertaking a contract to supply an emulsion-treatment package, including accessories and testing for a large upstream project in central Africa. 

Wellhead platform contract awarded

19th October 2001 Global power and automation technology group ABB, in partnership with Heerema of Holland, has been awarded a contract by Esso Exploration Angola (Block 15), a subsidiary of ExxonMobil, to design, build and commission a deepwater tension leg platform for the Kizomba A Project located in the... 

Gas turbines for offshore vessels

19th October 2001 International company Alstom is undertaking its third order in two months to supply gas turbines for a floating production storage and offloading vessel (FPSO). 

$20m international contracts awarded

19th October 2001 Aberdeen subsea buoyancy and mooring equipment specialist the Balmoral group is undertaking two international deepwater contracts, valued more than $20-million, that will boost the company’s global production workforce by 25%. 

Offshore Chinese project

19th October 2001 International engineering company Fluor is providing engineering services for the Bohai Bay Peng Lai 19-3 Phase Two Development Project in the People’s Republic of China. 

World's first composite riser tested offshore

19th October 2001 The world’s first composite riser, developed by Kvaerner and Conoco, has been tested successfully in a live drilling operation on the Statoil operated Heidrun platform in the Norwegian Sea. 

Oil firms to prospect Africa’s northwest waters

19th October 2001 Oil companies intent on laying claim to the next big African frontier have set their sights on coastline bounded by tiny Ginea-Bissau on the south and Mauritania to the north – thinly explored and completely untapped. 

New economy cynics speak out

19th October 2001 The strong productivity gains of the late 1990s were concentrated in only 30% of the private sector and are likely to be whittled away in the coming months and years, according to a study released yesterday by McKinsey & Company, the consulting firm. 

Oilfield delivers first batch

19th October 2001 International minerals giant BHP Billiton has announced the first oil and gas production from the Typhoon oilfield in the deepwater Gulf of Mexico. 

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