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Sub-Saharan Africa Still Hit by 2014 Price Slump: Correction
Correction: NGW earlier wrongly reported that WoodMac had estimated 87% of upstream projects in Angola and Nigeria had been downgraded, deferred or cancelled. The correct…
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[NGW Magazine] Total Targets 5% of World LNG Trade by 2025
This article is featured in NGW Magazine Volume 2, Issue 19 By Mark Smedley Total has been keeping a close watch on its spending upstream as it recognises that not all the…
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Tortue FLNG: Marine Consultancy Named
US engineering consultants CH2M has been awarded a support role in BP's planned Tortue floating LNG development offshore Mauritania and Senegal. BP in August appointed KBR…
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CNOOC Seeks Mauritanian Acreage
A top-level delegation from the state-owned China National Offshore Oil Corporation (CNOOC) was in Mauritania last week to study potential exploration and investment opportunities,…
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Tortue Test Validates FLNG Plans: Kosmos
US-based and newly London-listed independent Kosmos Energy said August 23 it has successfully completed a drill stem test (DST) of the Tortue-1 well offshore Mauritania in 2,700…
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Kosmos Finishing Tortue Test, Then Will Scout for Oil
As part of its effort to monetise gas offshore Mauritania-Senegal, Kosmos Energy began a drill stem test (DST) at the Tortue-1 gas field August 2. CEO Andrew Inglis told…
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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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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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Total Profits Up in Volatile Q2
French oil major Total reported a second-quarter profit of $2.5bn, up 14% on the same period last year, despite only a 9% increase in oil prices and a 15% rise in gas prices.…
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Cairn Spuds 10th Senegal Well
Cairn has spudded its first pure exploration well in Senegal since the SNE discovery of 2014, its junior partner there Australia’s FAR announced May 26. The new well, FAN…
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Cairn's 9th Senegal Well Flows Oil
UK Cairn Energy said May 18 that its ninth well offshore Senegal – the SNE-6 appraisal well – has flowed oil. Four drill stem tests on SNE-6 produced at maximum…
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Ophir Hits Cote d'Ivoire Duster
An exploration well offshore Cote d’Ivoire drilled by Ophir Energy has turned out to be dry. Ophir and partner African Petroleum (each with 45% interests) said May…
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Total Grabs 2nd Mauritania Block
Total said May 12 it has signed an exploration and production contract for Mauritania’s 7,300 km² offshore Block C7, its second in the country. The French…
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Kosmos, BP Make "Major" 6th Discovery (update)
Update: Yakaar-1 is "understood to be the largest hydrocarbon find in the world so far in 2017," said Kosmos exploration chief Brian Maxted later May 8. US Kosmos…
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Kosmos Resumes Senegal Exploration
US independent Kosmos Energy said March 24 it has begun the second phase of its multi-well exploration drilling program offshore Mauritania and Senegal. &n…
