US oil company Anadarko has announced that its exploration activities in South Africa are at an early stage.
Read MoreAfrica Oil & Gas: Anadarko readies exploration activities offshore, South Africa
Oil & Gas Industry
Mozambique Oil & Gas: Anadarko seeks Mobile Offshore Drilling Unit for Area 1 LNG project
The oil company Anadarko announced on Tuesday that it is seeking proposals for the provision of a Mobile Offshore Drilling Unit (MODU) for well construction off the north coast of Mozambique. (Click HERE for the full text)
Read MoreMarket Analysis: Anadarko Petroleum’s Outlook Is Looking Decent
Anadarko Petroleum has posted a 74% increase in profits for 4Q18, but since then, oil prices have tumbled and may average $61/bbl in 2019, as per BNP Paribas.
Read MoreAfrica Oil & Gas: Uganda Sees First Oil Pushed Back To 2022
Uganda expects to start pumping oil in 2022, later than a previous target for 2021, because of lack of infrastructure and disagreements over taxes and plans with operators.
Read MoreGlobal Markets: Emerging ‘Quality’ Problem To Haunt Oil Markets
That was the message from the International Energy Agency (IEA) in its latest Oil Market Report. The world has plenty of oil, but perhaps not the right type of oil.
Read MoreAfrica Oil & Gas; Shell eyes exports jump from Idku LNG plant in Egypt
The Hague-based LNG giant Shell is looking to up exports of liquefied natural gas from Egypt’s Idku facility as production ramps up from the West Delta field.
Read MoreGlobal Markets: OPEC Chief Urges Producers to Meet Cut Pledges
(Bloomberg) — OPEC’s top official urged countries in the group and its allies to follow through on their pledges to cut oil production and keep global markets balanced.
Read MoreMozambique Oil & Gas: India group plans to start LNG imports from Rovuma Area 1 in 2024
Bharat Petroleum Corporation Ltd (BPCL) plans to import natural gas extracted from the Rovuma basin in Mozambique within five years, a group official said.
Read MoreGlobal Markets: Japan’s spot LNG price down in January
The price of spot liquefied natural gas contracted in Japan was pegged back during January 2019, according to the Japanese Ministry of Economy, Trade and Industry (METI).
Read MoreAfrica Oil & Gas: Algeria’s Sonatrach signs $1 billion gas plant deal
Algeria’s Sonatrach has signed a $1 billion contract with India’s Larsen & Toubro to build plants to produce 11 million cubic metres of gas per day, Sonatrach’s CEO said on Monday.
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