Africa Oil & Gas: Galp Ready for Namibia Survey

Africa Oil & Gas: Galp Ready for Namibia Survey

Galp Energia is set to start its 3D seismic campaign offshore Namibia in the coming days. The survey, to be shot on PEL83, will cover a total area of 3,000 sq km. Advertisements

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Mozambique Oil & Gas: Area 4 Secure Enought Offtake Commitments for the Rovuma LNG Project

Mozambique Oil & Gas: Area 4 Secure Enought Offtake Commitments for the Rovuma LNG Project

Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project.

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Mozambique Energy: Galp Energia to provide power for schools and hospitals in rural areas

Portuguese oil group Galp Energia will donate US$674,000 to Mozambique to finance solar energy projects to light primary schools and health facilities in rural areas of four provinces under an agreement signed on Tuesday in Maputo.

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Africa Oil & Gas: Galp output, profits up in 1Q; No Coral FLNG New

Portuguese independent Galp reported net income of €134mn ($146mn) in 1Q2017, contrasting with a loss of €58mn in the year-ago quarter. Its net production was 56% higher year on year at 88,000 barrels of oil equivalent (boe)/d, of which 87% was oil.

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Mozambique Oil & Gas: Galp gives green light for Coral FLNG investment plan

Portugal’s Galp Energia is the latest in line to approve the investment plan for the Coral South FLNG project in Mozambique, following Eni and ENH. The company said in its statement on Monday its board of directors approved the investment related to the Coral South area, the first development related to the discoveries made in the Area 4 of Mozambique’s Rovuma basin.

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Global Industry: “The oil and gas industry is quickly amassing power in Trump’s Washington” – reports

After eight years of being banished and sometimes vilified by the Obama administration, the fossil fuel industry is enjoying a remarkable resurgence as its executives and lobbyists shape President-elect Donald Trump’s policy agenda and staff his administration.

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Mozambique Oil & Gas: ExxonMobil to explore gas in area 4 of the Rovuma Basin

US Oil giant ExxonMobil will be a partner in the exploration of natural gas in area 4 of the Rovuma basin in the country, the chairman of the State Hydrocarbons company – ENH, Omar Mitha said according to daily newspaper Notícias.

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