Africa Oil & Gas: “Tanzania playing catch up on LNG project” – Petroleum Economist

Tanzania’s announcement that it is seeking to hire consultants to reinvigorate stalled negotiations on a proposed liquefied natural gas development will likely be welcomed by the industry. But problems elsewhere in the oil and gas sector suggest that relations between government and producers remain strained.

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Mozambique Oil & Gas: Statoil biggest loser on Rovuma natural gas prospecting, quits

Norway’s Statoil oil group has decided to give up on negotiations for the exploration and production of natural gas in Mozambique after more than two years of talks with the local government, said the group’s spokesperson quoted by the Interfax Natural Gas Daily website.

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Africa Oil & Gas: Statoil’s equity share of the Agbami field in Nigeria reduced following redetermination

Statoil has received an Expert calculation of revised tract participations for the Agbami field in Nigeria. Assuming implementation, this calculation will result in a reduction of 5.17% in Statoil’s equity interest in the field from 20.21% to 15.04%.

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