Production at the Egypt’s supergiant gas field Zohr, operated by Italian oil major Eni, will reach 2.9 billion cubic feet per day (Bcf/d) by mid-2019, the company’s CEO Claudio Descalzi told reporters in Cairo Monday.
Italian oil major Eni said on Tuesday it plans to invest in two renewable power generation projects in Ghana, where its subsidiary operates two offshore blocks and one exploration licence, Kallanish Energy learns.
Algeria’s state-owned gas company Sonatrach plans to invest $56 billion in the next five years, its chief executive officer said last week at the launching of a new gas pipeline connecting southwestern fields.
Qatari state-owned oil company Qatar Petroleum (QP) has acquired a 25% stake in the exploration block 11B/12B, in the southern coast of South Africa, from French supermajor Total, Kallanish Energy reports.
Spain’s oil and gas company, Cepsa, and Algeria’s state-owned oil firm, Sonatrach, will invest $1 billion in the redevelopment of a mature onshore oilfield in the North African country, after a 25-year deal was signed with the government.
UK-based, North African-focused oil and gas E&P company, SDX Energy, announced on Tuesday it has made a new gas discovery onshore Morocco, the fourth from five wells drilled to date, Kallanish Energy reports.
U.S.’s oil supermajor ExxonMobil and the government of Ghana signed last week an agreement for the acquisition of exploration and production rights for the Deepwater Cape Three Points (DWCTP) block, Kallanish Energy reports.
As Nigeria starts to gradually recover crude oil production following repairs to infrastructure and a temporary ceasefire on attacks by militants, its most well-known rebels group Niger Delta Avengers (NDA) warns the government and oil operators to embrace for the “doom” about to come.
China’s oil giant Sinopec said last Thursday the South Africa’s Competition Commission recommended for approval its roughly $900 million purchase offer for Chevron’s South Africa and Botswana assets, Kallanish Energy learns.
Spanish-based wind turbine manufacturer Siemens Gamesa has secured its largest wind power order in Egypt in the country’s first privately-backed wind farm development, Kallanish Energy learns from the company this week.