Oil and gas

South Africa: “Total to resume drilling at Brulpadda prospect in December” – partner

Posted on March 1, 2019March 5, 2019 by Mozambique Resources Post

France’s Total and partners will resume drilling at the Brulpadda prospect offshore South Africa in December, a minority partner in the field said on Wednesday.

Northern Security: Analyst not clear Cabo Delgado attack targeted oil company

Posted on February 25, 2019February 25, 2019 by Mozambique Resources Post

An analyst at British consultancy Risk Advisory has told Lusa that it is not clear that the attacks in northern Mozambique which killed one person on Thursday were aimed at the oil company Andarko.

Africa Oil & Gas: Senegal hires Doris Engineering for oil & gas advisory services

Posted on January 30, 2019January 30, 2019 by Mozambique Resources Post

Senegal government has hired Doris Engineering to provide advisory services to Senegalese Ministry of Petroleum and Energies for the development for the development of oil & gas projects offshore Senegal.

Mozambique Oil & Gas: ExxonMobil to start drilling for oil/gas soon

Posted on January 21, 2019January 21, 2019 by Mozambique Resources Post

Mozambique has granted ExxonMobil the right to drill for oil and natural gas in the country’s central and northern regions. ExxonMobil will build the world’s biggest liquefaction units (outside Qatar). Under the new development plans approved by the government Exxon’s first two liquefaction units should start producing in 2024.

Global Industry: FPSO Market Set to Rebound

Posted on November 20, 2018 by Mozambique Resources Post

The global floating production market has stirred back to life after enduring a couple of years in virtual hibernation during the downturn.

Industry Analysis: Can Angola Overhaul Its Struggling Oil Industry?

Posted on October 30, 2018 by Mozambique Resources Post

It is quite rare for African national oil companies (NOCs) to liberalize, especially in countries that are heavily dependent on oil revenues. Yet Angola, whose stability was sent reeling by the oil price crash of 2015-2016, is making great strides in transforming the national champion Sonangol into a more accountable and competitive business entity.

Africa Oil & Gas: Global Petroleum provides update on Namibia operations

Posted on October 29, 2018October 29, 2018 by Mozambique Resources Post

Global Petroleum has announced its Quarterly Report for the period ending 30 September 2018, and provided an update on its operations in Namibia and in Italy.

Global Industry: Upstream Players Must Boost Spending

Posted on October 26, 2018 by Mozambique Resources Post

Global oil and gas development spend needs to increase by around 20 percent, to about $600 billion, to meet future demand growth and ensure companies sustain production next decade.

Global Industry: IEA publishes 3rd annual Global Gas Security Review to assess LNG markets evolution

Posted on October 22, 2018 by Mozambique Resources Post

The evolution of the global natural gas market, which has been driven by the growth in liquefied natural gas (LNG) demand, continues to change the relationship between buyers and sellers, and raises new challenges for the global security of energy supplies.

Africa Oil & Gas: Is Resources-rich Mozambique the next Nigeria?

Posted on September 15, 2018 by Mozambique Resources Post

Mozambique is poised to become the next big thing in liquefied natural gas. If it fails to settle its security situation in the Cabo Delgado province, it could also become the next big thing in African insurgencies.

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