Italian energy giant Eni has reportedly started production from the Mediterranean’s largest gas discovery – the Zohr. Egypt’s petroleum minister Tareq Al-Mulla announced the start of experimental operation to pump gas from the offshore wells to new plant in Port Said. With an initial production of 3
Experimental operation at the giant Zohr gas field started on Saturday, Egypt’s minister of petroleum and mineral resources Tareq Al-Mulla said.
Global high-impact exploration in 2017 is expected to match 2016 in both activity and success rates, and with a marked improvement in commercial oil volumes discovered and lower finding costs, Westwood, an energy intelligence group, said in a report on Monday. In 2018, Westwood expects 70 high-impac
Sirius Petroleum will complete its transformation into an operating company focused on developing proven oil and gas assets in Nigeria later this week.
Japan’s Tohoku Electric Power said on Monday it had signed a basic agreement to buy up to 280,000 tonnes per year of LNG from the Anadarko-led Mozambique LNG export project for a period of 15 years. Tohoku signed the deal with a marketing company formed in December 2015 by the Mozambique LNG project
Ophir Energy, together with its Fortuna FLNG project partners, has decided to prioritize an alternative funding solution with an Asian bank for up to $1.2 billion on similar terms to those agreed with the group of Chinese banks.
Ten crew members of a bulk carrier are reported missing following a pirate attack off Brass, Nigeria.
Ophir Energy expects to take a Final Investment Decision (FID) for its Fortuna FLNG project off Equatorial Guinea early next year, once an agreement with an Asian bank to provide funding of up to $1.2bn has been confirmed.
Tidal Energy Today has compiled the top news from tidal and wave energy industry from December 11 – 17, 2017. SIMEC dives deeper in tidal sector by acquiring 50% of Atlantis International energy, infrastructure and natural resources group SIMEC has signed a conditional agreement with Atlantis Resour
Popular news, December 11 – 17, 2017
ExxonMobil wraps up Mozambique LNG acquisition US energy giant ExxonMobil said on Wednesday that its unit has completed a deal to acquire a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Italy’s Eni. Austrian explosion hits European gas markets An explosion on Tuesday mornin
Subsea World News has put together a recap of the most interesting articles from the previous week (December 10 – December 17). Aker BP has submitted the plans for development and operations (PDOs) for the Valhall Flank West, Ærfugl (formerly Snadd) and Skogul (formerly Storklakken) fields to the No
