Africa Oil & Gas: Galp, Kosmos Awarded Sao Tome Block

Portuguese independent oil and gas firm Galp Energia announced Tuesday that it and its partner Kosmos Energy have been awarded stakes in Block 6, offshore the island country of São Tomé and Príncipe.

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Global Oil & Gas: Galp Produces Solid Results for 2Q 2015

Portugal’s largest energy firm Galp Energia produced “another solid upstream result”, according to analysts who follow the company, after it reported its performance for the second quarter of 2015. Galp’s working interest production increased to 43,800 barrels of oil equivalent per day during 2Q 2015, compared to 41,500 boepd in 1Q 2015 and 25,700 boepd in 2Q 2014, thanks to an increase in production in Brazil.

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RIZGZONE: Galp Sees Delays In Brazil From Petrobras Graft Probe

A widening corruption probe into Brazil’s state-run oil company Petrobras is likely to delay by at least one year four major offshore oilfield projects, Portuguese partner Galp Energia said, in a first sign of strain on foreign investors. Galp, which is involved in nearly 30 on-shore and off-shore oil and gas projects in Brazil, flagged a one-year delay in the building of production ships for the Lula Sul, Lula Norte, Lula Extremo Sul and Lula…

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Mozambique Oil & Gas: Eni and Kogas sign cooperation agreement on upstream and LNG activities

Eni signed today a cooperation agreement with Korea Gas Corporation (KOGAS) to further strengthen their relationship in a number of areas, particularly in the upstream and LNG sectors. The agreement will allow the companies to jointly pursue opportunities worldwide.

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