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News
Boom Time for Exploration Off West Africa
2+ day, 1+ hour ago (88+ words) Energy Intelligence Boom Time for Exploration Off West Africa - After a decade of tepid activity, West Africa’s exploration is back with a vengeance: New bid rounds and play-opening wells loom in multiple jurisdictions. - The majors are dominating the action, booking…...
Shell Deepens Angola Push With Two New Blocks
2+ day, 1+ hour ago (46+ words) Energy Intelligence Shell Deepens Angola Push With Two New Blocks Shell and partners QatarEnergy and state-owned Sonangol have signed preliminary "heads of terms" agreements covering risk service contracts for Blocks 8 and 22 in Angola’s offshore Kwanza Basin....
Exxon Boosts Angola Rebound Prospects With Block 15 Find
3+ day, 2+ hour ago (44+ words) Energy Intelligence Exxon Boosts Angola Rebound Prospects With Block 15 Find Exxon Mobil has made a new discovery with the Vicango Este-01 well on its deepwater producing Block 15, according to Angolan upstream regulator, ANPG....
Frontier West African Nations Poised for Exploration Boom
3+ day, 7+ hour ago (59+ words) Energy Intelligence Frontier West African Nations Poised for Exploration Boom Smaller regional nations with no existing commercial oil production — such as Gambia, Guinea-Bissau and Liberia — are driving a resurgence of deepwater exploration offshore West Africa as these countries aggressively market…...
Majors Drive New Wave of West Africa Exploration Deals
1+ week, 4+ day ago (60+ words) Energy Intelligence Majors Drive New Wave of West Africa Exploration Deals Shell and Chevron on Tuesday signed a memorandum of understanding (MOU) for Ghana’s South Deepwater Tano Block on the sidelines of the Africa Oil Week conference in Accra, while…...
Shell, Equinor Struggle With Tanzania LNG Breakthrough
1+ week, 4+ day ago (49+ words) Energy Intelligence Shell, Equinor Struggle With Tanzania LNG Breakthrough Equinor and Shell are still persevering with the planned 15 million ton per year Tanzania LNG project, despite years of foot-dragging by the Tanzanian government and eye-watering estimated costs of around $42 billion....
Critical Phase Looms for Namibia’s Oil Sector
1+ week, 5+ day ago (63+ words) energyintel.com Critical Phase Looms for Namibia’s Oil Sector - A combination of exploration success and a Hormuz-fueled push for geographical diversification has seen a resurgence of interest in Namibia’s offshore. - But the next few months will be critical, with investors…...
Big Changes Afoot in South Africa’s Energy Sector
2+ week, 2+ day ago (80+ words) Energy Intelligence Big Changes Afoot in South Africa’s Energy Sector - The fate of South Africa’s downstream, upstream and electricity sectors is all at a major inflection point. - Gas and power, in particular, are absolutely fundamental to get right for long-term…...
Petrobras Sets Sights on Exploration in Ghana's Keta Basin
2+ week, 4+ day ago (54+ words) Energy Intelligence Petrobras Sets Sights on Exploration in Ghana's Keta Basin Petrobras is engaged in talks with the government in Ghana to explore off the African country's coast, part of the Brazilian state oil company's push into international frontier basins…...
Exploration Upside Draws Investment to West Africa
3+ week, 2+ day ago (52+ words) Energy Intelligence Exploration Upside Draws Investment to West Africa Interest in West Africa's upstream oil and gas potential has accelerated over the last several months as the crisis in the Middle East spurs the industry's search for resources that are…...