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Azeri Central East development, Azerbaijan

By: Sheila Barradas     7th June 2019 The ACG Production Sharing Agreement is proceeding with the next stage of development of the giant Azeri-Chirag deep-water Gunashli oilfield complex.  

Papua New Guinea PM says resources reforms will take years

By: Reuters     5th June 2019 New Papua New Guinea Prime Minister James Marape doubled down on his plans to earn more taxes from the gas-and-gold-rich country's natural resources sector on Wednesday, but said major reform would not take effect for years. That will come as a relief for oil giants such as France's Total and... 

Azeri Central East development, Azerbaijan

By: Sheila Barradas     24th May 2019 The ACG production sharing agreement is developing the next stage of the supergiant Azeri-Chirag deep-water Gunashli oilfield complex. 

South Africa urged to use seasonal advantage to secure lower LNG prices from Mozambique 

By: Terence Creamer     13th May 2019 South Africa is failing to fully grasp the energy and economic significance of the impending development of the enormous gas reserves discovered in northern Mozambique since 2010, Standard Bank oil and gas specialist Paul Eardley-Taylor argues. Between 150- to 200-trillion cubic feet of gas has... 

Hydraulic fluid reduces energy consumption

By: Cameron Mackay     3rd May 2019 Multinational oil and gas corporation ExxonMobil’s Mobil DTE 10 Excel 46 hydraulic lubricant oil has reduced paper and plastics packaging manufacturing company Mpact Plastics’ energy consumption by 7%. Mpact Plastics – based in Pinetown, in KwaZulu-Natal – intended to reach the group’s national... 

Gorgon natural gas facility – Jansz-Io compression project, Australia

By: Sheila Barradas     3rd May 2019 The Jansz-Io compression project is part of the original development plan for Gorgon. 

ExxonMobil acquires more exploration acreage off Namibian coast

By: Nadine James     25th April 2019 US oil giant ExxonMobil will increase its exploration acreage in Namibia by about 28 000 km2 following the signing of an agreement with the Namibian government and State-owned National Petroleum Corporation of Namibia (Namcor) for blocks 1710 and 1810, and farm-in agreements for blocks 1711 and... 

Golden Pass LNG export project, US

By: Sheila Barradas     5th April 2019 ExxonMobil and partner Qatar Petroleum plan to build a 16-million-ton-a-year liquefaction facility in Texas. 

Nigeria's Oando aims to raise fresh capital, cut debt – CEO

By: Reuters     3rd April 2019 Nigerian oil company Oando aims to raise fresh capital over the next two years and repay debt used to acquire Conoco Phillips' Nigerian assets, its chief executive Adewale Tinubu told Reuters. Oando has transformed itself in the past few years from a fuel retailer to oil producer and now competes... 

Rovuma liquefied natural gas project, Mozambique

By: Sheila Barradas     29th March 2019 Mozambique Rovuma Venture plans to produce, liquefy and market natural gas from Area 4, in the Rovuma basin, off the shore of Mozambique. 

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