Africa
FAR raising money for offshore exploration in Kenya
Australian oil and gas explorer FAR Ltd has announced an equity raising placement which is expected to raise $8 million before expenses. The placement is being undertaken to fund further exploration in offshore Kenya potentially including accelerating the evaluation of the Miocene reef oil play offs
Tower Resources: Drilling of Welwitschia-1A Resumes
Tower Resources plc, the AIM-listed Africa-focussed oil and gas exploration company, provides an update on drilling operations for the Welwitschia-1 well. Tower Resources, through its wholly-owned subsidiary, Neptune Petroleum (Namibia), has announced that it has received notification from Repsol Ex
NDDC Levy Not Applicable to Nigeria LNG
Nigeria LNG (NLNG) issued a statement after recent news reports about a demonstration by youths purported to be affiliated to a body calling itself Niger Delta Youth Stakeholders Forum, over the company’s alleged refusal to pay a three percent Niger Delta Development Commission (NDDC) levy. “For the
Fine Tubes in Egina field deal
Fine Tubes, a UK-based manufacturer and distributor of precision tubes for critical applications, has been awarded an order by FMC Technologies for the supply of advanced tubing for Total’s offshore Egina project in Nigeria. Located some 150km off the coast of Nigeria at a depth of up to 1750m, the
Fine Tubes to Supply Advanced Tubing for Total’s Egina Project
Fine Tubes, a manufacturer and distributor of precision tubes for critical applications has announced that it has been awarded a major order by FMC Technologies for the supply of advanced tubing for Total’s offshore Egina project. Located some 150km off the coast of Nigeria at a depth of up to 1750m
Ophir Energy Discovers Gas Off Tanzania
Ophir Energy said it has made a gas discovery at the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania. Ophir holds 20% of Blocks 1, 3 and 4. BG Group operates with 60%. The Taachui-1 well was drilled by the Deepsea Metro I drillship close to the western boundary of Block 1. The well [&
BG Strikes Gas Off Tanzania
Ophir Energy plc has announced the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery. Ophir holds 20% of Blocks 1, 3 and 4. BG Group operates with 60%. The Taachui-1 well was drilled by the Deepsea Metro I drillship clo
BG hits gas offshore Tanzania
Ophir Energy plc announces the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in Block 1, Tanzania which has resulted in a new gas discovery. Ophir holds 20% of Blocks 1, 3 and 4. BG Group operates with 60%. The Taachui-1 well was drilled by the Deepsea Metro I drillship close t
Massachusetts Governor Calls for Partnership to Fight Climate Change
The International Renewable Energy Agency (IRENA) held the 7th meeting of its Council in Abu Dhabi with a record number of country representatives. Delegates from 96 countries travelled to Abu Dhabi to discuss climate change, the socio-economic benefits of renewable energy, and ways to accelerate it
Massachusetts Governor Calls for Partnership to Fight Climate Change
The International Renewable Energy Agency (IRENA) held the 7th meeting of its Council in Abu Dhabi with a record number of country representatives. Delegates from 96 countries travelled to Abu Dhabi to discuss climate change, the socio-economic benefits of renewable energy, and ways to accelerate it
Galp to spud offshore Morocco well on June 15
Tangiers Petroleum, with regards to the drilling campaign in Morocco today said the dry hole cost for the drilling of TAO-1, on a trouble free basis, is ~US$73m and in line with the previous estimate released to market. On this basis, Tangiers is fully covered, for the drilling, by existing cash and
IEA: $48 trillion investment needed to meet energy demand by 2035
Meeting the world’s growing need for energy will require more than $48 trillion in investment over the period to 2035, according to a special report on investment released today by the International Energy Agency (IEA) as part of the World Energy Outlook series. Today’s annual investment in energy