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. Advertisements

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Africa Oil & Gas: Tanzania launches nationwide probe into gas sector

As Tanzania launches an official investigation into what are the benefits it gets from gas, some investors are going further, and asking if they can ever benefit from doing business there without more regulatory stability.

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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: Algeria’s Sonatrach signs $500 mln deal with BP, Statoil

ALGIERS, Dec 20 (Reuters) – Algerian state-owned energy company Sonatrach has signed an agreement with BP and Statoil to produce an additional 11 billion cubic metres (bcm) of natural gas from its Tiguentourine gas field, Sonatrach’s CEO said on Wednesday.

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Industry & Environment: Energy giants team up to reduce methane emissions

  BP, Eni, ExxonMobil, Repsol, Shell, Statoil, Total and Wintershall have joined forces to further reduce methane emissions from the natural gas assets they operate around the world.

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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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