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Maurel & Prom Loss Steeper, Despite Improved Sales
Maurel & Prom reported higher sales and margins in the first half of this year. But the French firm, now owned by Indonesian state Pertamina, also reported September 13…
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Tanzania's Mnazi Bay Ticks Over
French affiliate Maurel & Prom, now controlled by Indonesian state Pertamina, released 1Q turnover and production on April 27. Its Tanzanian net gas output was 20.8mn ft3/d,…
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Shell Sells Gabon Assets to Carlyle
Shell said March 24 it has agreed to sell 100% of its Gabon onshore interests for $587mn to US-based private equity firm Carlyle Group. Carlyle will also assume debt…
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Tanzania's Mnazi Bay Nears Plateau
French independent Maurel & Prom, since February 1 controlled by Indonesian state Pertamina, has announced its 2016 net production and turnover, but will release profit…
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Pertamina's M&P Takeover Goes to Plan
Indonesian state gas giant Pertamina has announced the successful outcome of the tender offer by its international exploration subsidiary PIEP for all shares in French…
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Pertamina Makes Offer for France's M&P
Indonesian state oil and gas producer Pertamina has agreed with privately owned French holding Pacifico to buy its 25% stake in French independent producer Maurel & Prom (…
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Nigerian Producer Realises $3/MMBtu
Nigerian independent producer Seplat Petroleum Development, listed on both London and Lagos stock markets and part-owned by French Maurel & Prom, lost $63mn in 1H 2016,…
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CNR Extends Espoir Ship Lease
Canadian Natural Resources (CNR) has exercised the option to extend the fixed-term of the lease contract for FPSO Espoir Ivoirien from 2017 to 2022, said the ship’s…
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Woodside Cites Africa, Post-2022 LNG Prospects
Woodside chairman Michael Chaney has talked up its West Africa exploration strategy and also forecast strong demand for LNG in the 2020s. In a…
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ENI’s Meeting in Gabon Confirms Growing Appetite for African Assets
While the UK Trade & Investment (UKTI) agency is urging UK firms to capitalise on opportunities in Africa’s oil and gas industry, Italy’s&n…
