Cobalt to join Majors in Angola pre-salt Kwansa Basin With the Cameia discovery, the junior Cobalt International Energy Company Inc. (Cobalt) is joining the major companies BP, Chevron, Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina, Statoil and Total in the development of the pre-salt oil and gas reserves lying in (more…)
Read moreShell and Petronas to double Majnoon production The super major Shell and its partners, the national oil companies Petronas from Malaysia and South Oil Company (SOC) from Iraq, are planning to invest up to $1 billion capital expenditure to double the production at the Majnoon oil field in the south (more…)
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18
Mar
2013
Rosneft goes global
Rosneft’s Neftegaz signed farm-in agreement with ExxonMobil in Gulf of Mexico deepwater The first week of March gave the opportunity to Rosneft to unveil its objective to go global in multiplying strategic partnerships with leading companies such as ExxonMobil. On March 6th 2013, Rosneft‘s subsidiary Neftegaz America Shelf LP (Nefetgaz) signed (more…)
Read moreEni ready to sell 20% stake in Rovuma to CNPC Although Eni from Italy and Anadarko Petroleum (Anadarko) from US had decided to team up in the onshore part of Mozambique liquefied natural gas (LNG) project, the both companies are searching for separated partnerships to develop the super-giant natural gas fields of the Rovuma (more…)
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27
Feb
2013
BG and Ophir come closer to Tanzania LNG project
Mzia successful appraisal to justify BG two LNG trains The BG Group (BG) and its partner Ophir Energy (Ophir), both from UK, are pilling up natural gas reserves along their on going appraisal campaign offshore the east coast of Africa to the point to double the size of their liquefied (more…)
Read moreChevron to spend $5.6 billion in Mafumeira Sul project Cabinda Gulf Oil Company Ltd (Cabinda), the Angola subsidiary of the California-based international oil company Chevron Corporation (Chevron) and its partners Sonangol, Total and Eni made the final investment decision (FID) regarding the Mafumeira Sul project. Located offshore Angola, the Mafumeira Sul project (more…)
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30
Jan
2013
Shell to break Gazprom gas monopoly in Ukraine
Shell and Ukraine signed $10 billion deal in Davos Shell‘s Chief Executive Officer, Peter Voser, and Ukraine’s President Viktor Yanukovich took the opportunity of the World Economic Forum in Davos to sign a $10 billion agreement to develop shale gas resources in Ukraine. Last May 2012, Ukraine had selected two (more…)
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