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Saipem Announces New Contracts
Italian contractor Saipem said August 31 it has recently been awarded three contracts amounting to $370mn in value. Offshore Angola, Eni has awarded Saipem orders in relation to…
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Lossmaker Golar Enters Key FLNG Stage
Ship operator and projects developer Golar LNG remains loss-making as it enters the final months ahead of launch of its first floating liquefaction project, which will be…
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Ghana, Eq Guinea Sign LNG Accord
Equatorial Guinea has signed a memorandum of understanding (MoU) with Ghana for LNG supplies. According to the government-to-government agreement signed August 23, Equatorial…
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Hoegh Says Ghana Approval Delayed
Oslo-listed tankers and terminals owner Hoegh LNG has warned of possible delays to its Ghana floating storage regasification unit (FSRU) project with Israeli-backed investor…
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Ghana Eyes EquatoGuinean LNG
Ghana’s president Nana Akufo-Addo, who started on a three-day visit to Equatorial Guinea on August 21, plans to sign a five-year agreement to import LNG from that country…
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Ghana Debt Stymies Gas Economy
State-owned Ghana Gas's finance chief Emmanuel Essel said August 4 that his company is suffering from the inability of the Volta River Authority (VRA) to pay what it owes…
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Kosmos Narrows Loss, Still Expects LNG in 2021
Kosmos Energy narrowed its net 2Q loss to $8.5mn, compared to a loss in 2Q2016 loss of $108.3mn. “We are also advancing the development of our large gas discoveries…
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West African Gas Pipe to Be Extended to Cote d’Ivoire: NNPC
State-owned producer Nigerian National Petroleum Corporation (NNPC) said August 2 that the 678-km West African Gas Pipeline (WAGP) will be extended westwards from Ghana to Cote d&r…
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US Kosmos to Seek London Listing
US independent Kosmos Energy, which discovered multiple gas fields offshore Senegal and Mauritania into which BP farmed last year, said August 2 it intends to pursue a…
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Skaugen Defers Africa LNG Launch
Norwegian shipowner IM Skaugen said July 26 that its 'Small Scale LNG' project in Africa will not be launched as planned before the end of this month. The project, which was to…
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Tullow Posts Big 1H Loss, After Ghana Impairment
Tullow Oil posted a net loss in first half 2017 of $309mn after impairments, it said July 26, contrasting with its 1H 2016 net profit of $30mn. The latest result was net of a…
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Ghana Authorities Seek To Boost Western Region
Officials of state-owned Ghana National Petroleum Corporation (GNPC), Ghana National Gas Company (Ghana Gas), and the ports and harbours authority (GPHA) have met chiefs from the…
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Ghana Should 'Use Gas to Develop Industry'
Ghana’s government has been advised to develop its petrochemical and fertiliser sector. The advice to leverage future natural gas production in this way came from Dr Steve…
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Siemens Presents New Turbine to Ghana
German engineering giant Siemens has presented its latest generation technology to partners in Ghana, a 44MW aero-derivative gas turbine for mobile power generation. …
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Tullow: Jubilee To Shut for 5-8 Weeks Late 2017
UK-listed Africa producer Tullow Oil has said joint venture partners at its Jubilee field offshore Ghana have finally agreed with the government there on a shutdown of the field…
