News
BP to buy 60% stake in three Eco Atlantic PELs offshore Namibia
15+ hour, 54+ min ago (493+ words) BP, through its wholly owned subsidiary bp Namibia Energy, has entered into an agreement with Eco (Atlantic) Oil & Gas to acquire a 60% participating interest in each of Eco Atlantic's three petroleum exploration licences (PELs) offshore Namibia. This move aligns with…...
Formentera and Inpex partner to develop Beetaloo gas resources
2+ week, 1+ day ago (527+ words) Formentera Partners and Inpex have announced a joint venture (JV) that aims to expedite the development of natural gas resources in Australia's onshore Beetaloo Basin, located in the Northern Territory. This collaboration is set to combine Formentera's expertise in shale…...
Azule Energy starts gas production at Angola's Quiluma field
4+ week, 15+ hour ago (450+ words) Quiluma, which is currently producing 150mscf/d, is expected to ramp up to 330mscf/d by the end of this year. Azule Energy, a 50: 50 joint venture between bp and Eni, has commenced gas production from the Quiluma field in Angolan waters. Quiluma…...
Technip and partners win contract for Coral Norte FLNG project
1+ mon, 2+ week ago (325+ words) Technip Energies, together with its partners JGC and Samsung Heavy Industries, has secured a contract from Mozambique Rovuma Venture (MRV) pertaining to the Coral Norte floating liquefied natural gas (FLNG) project. The project is situated offshore Mozambique and represents the…...
Eni begins production at Ndungu full-field offshore Angola
1+ mon, 2+ week ago (302+ words) Eni has commenced production at the Ndungu full-field in the western area of Block 15/06 offshore Angola, operated by Azule Energy. The development, part of the Agogo Integrated West Hub Project, will involve seven production wells and four injection wells. The…...
Azule Energy strikes oil at Algaita-01 well in Angola's Block 15/06
1+ mon, 3+ week ago (435+ words) The Algaita-01 well is situated nearly 18km from the Azule Energy-operated Olombendo FPSO. Azule Energy, a 50: 50 joint venture (JV) between bp and Eni, has made an oil discovery at the Algaita-01 exploratory well in Block 15/06, located in the Lower Congo Basin…...
Perenco completes Kombi 2 platform installation at KLL II field
2+ mon, 4+ day ago (316+ words) Perenco Congo has completed the installation of the Kombi 2 platform at the Kombi-Likalala-Libondo II (KLL II) field, more than two decades after the last well was drilled at the site. The project represents investment of more than $200m (CFA Fr457. 18bn). It forms part…...
Total Energies secures extension for Libya's Waha Concessions
2+ mon, 2+ week ago (491+ words) The extension revises fiscal terms to enhance production from the Waha Concessions, which currently produce 370, 000boepd. French oil and gas company Total Energies has secured an extension for the onshore Waha Concessions in the Sirte Basin in Libya until the end…...
Total Energies and Galp enter asset swap deal in Namibia
4+ mon, 5+ day ago (553+ words) Total Energies and Galp have agreed to swap their stakes across three offshore oil licences in Namibia, positioning Total Energies as the operator of the Mopane and Venus discoveries." Under the terms, Total Energies will acquire a 40% operated interest in…...
Eni commissions second phase of Congo LNG project
4+ mon, 1+ week ago (317+ words) The start-up follows the arrival of the Nguya FLNG unit and the introduction of gas into the new offshore infrastructure system." Eni has started the second phase of the Congo LNG project earlier than planned, aiming to export the first…...