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Total says it’s committed to $23 billion Mozambique LNG project

2 days ago DieselGasoil Comments Off on Total says it’s committed to $23 billion Mozambique LNG project
By Borges Nhamire and Matthew Hill on 8/19/2019 MAPUTO (Bloomberg) – Total is committed to developing the Mozambique natural gas project that it will take over from Anadarko Petroleum as part of its expansion in Africa, the company said. The project, to cost as much as $23 billion to develop, will be Africa’s biggest single Read More

Refinery news roundup: Africa launches come into focus

4 days ago DieselGasoil Comments Off on Refinery news roundup: Africa launches come into focus
London — News has emerged about new launches in Africa. Separately, Engen’s refinery in Durban is facing “some challenges” in production and hence will not be able offer bunker fuel in the spot market until the end of September, sources said. The refinery was “highly unlikely” to resume offering until the end of September, which Read More

Occidental-Anadarko deal closes; move bolsters Oxy’s Permian position

2 weeks ago DieselGasoil Comments Off on Occidental-Anadarko deal closes; move bolsters Oxy’s Permian position
Highlights Deal gives Oxy access to DJ Basin, offshore Gulf of Mexico Anadarko partners reached FID on Mozambique LNG in June Houston — Occidental Petroleum’s $55 billion acquisition of Anadarko Petroleum, which closed Thursday, will bolster Oxy’s upstream position in the US onshore, in the Permian Basin and the DJ Basins, as well as add Read More

MDL wins pipelay work offshore Equatorial Guinea

3 weeks ago DieselGasoil Comments Off on MDL wins pipelay work offshore Equatorial Guinea
7/31/2019 ABERDEEN – Maritime Developments will supply a complete pipelay spread and personnel for a flexible installation offshore Equatorial Guinea, with a work scope to cover the launch of a number of new wells in an existing network of drill centers in the West African basin. The MDL spread will consist of the MDL Horizontal Read More

Total profit drops as lower gas prices offset rising output

4 weeks ago DieselGasoil Comments Off on Total profit drops as lower gas prices offset rising output
By Francois de Beaupuy on 7/25/2019 PARIS (Bloomberg) –Total SA’s second-quarter profit fell short of estimates as the price of natural gas and oil dropped, while record hydrocarbon production and continued cost cuts boosted cash flow. Adjusted net income was almost a fifth lower than a year earlier, but cash flow rose, and the French Read More

China in Africa: Tanzania grants Chinese firms licences to build gold refineries

4 weeks ago DieselGasoil Comments Off on China in Africa: Tanzania grants Chinese firms licences to build gold refineries
Africa’s fourth-biggest producer of gold, Tanzania, has awarded licences to China to construct a mineral smelter and two gold refineries. The Tanzanian government seeks to generate more revenues from the nation’s mining industry. According to Minister for Minerals Doto Biteko, 37 Chinese companies expressed interest after the government invited bids from mining firms to build Read More

Tullow reduces oil production outlook again on Ghana faults

4 weeks ago DieselGasoil Comments Off on Tullow reduces oil production outlook again on Ghana faults
7/24/2019 JOHANNESBURG – Tullow Oil reduced its 2019 production forecast for the second time in three months as technical glitches in Ghana continued to cast a shadow. Full-year output is now seen at 89,000 to 93,000 bpd, reflecting delays in well completion at the African country’s TEN project, Tullow said Wednesday. It’s a further setback Read More

Cameroon conservationists heal endangered African gray parrots

1 month ago DieselGasoil Comments Off on Cameroon conservationists heal endangered African gray parrots
FILE PHOTO – African grey parrots rescued from an illegal trader by Ugandan officials at the Uganda-Democratic Republic of Congo border crossing are seen at the Uganda Wildlife Education Centre in Entebbe, January 12, 2011. REUTERS/James Akena/File Photo LIMBE, Cameroon (Reuters) – Conservationists in Cameroon are trying to save the endangered African gray parrot, one Read More