East Africa ///

Exxon awards $13 billion in Mozambique LNG contracts

Exxon Mobil awarded contracts worth about $13 billion to three companies including JGC Holdings Corp. to build a giant liquefied natural gas plant in northern Mozambique, the country’s oil and gas regulator said.

Exxon awards contract for Africa’s biggest-ever private project

Exxon Mobil Corp. awarded a JGC Corp.-led group a contract to develop its Mozambique liquefied natural-gas project, which is set to be the biggest-ever private investment in Africa.

Exxon will approve Africa’s largest LNG project, says Mozambique

Mozambique’s government said Exxon Mobil will sign off on an initial investment decision for a liquefied natural gas project that could cost as much as $33 billion to build -- the biggest ever in Africa.

TechnipFMC awards Benthic geotechnical contract offshore Mozambique

Benthic has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development

Total pays $3.9 billion for Anadarko’s Mozambique LNG interest

“Mozambique LNG is one of a kind asset that perfectly fits with our strategy and expands our position in liquefied natural gas”, said Patrick Pouyanné, chairman & CEO of Total. “As the new operator, we are fully committed to the project."

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

“I would like to reaffirm the importance of Mozambique LNG for Total, where we will become the operator,” Patrick Pouyanné, Chief Executive Officer of the Paris-based oil major said Friday. “This is a unique asset which perfectly fits our strategy and our skills."

Mozambique delays raising $2.3 billion for Anadarko gas project

Mozambique has put on hold plans to raise funds for its portion of Anadarko Petroleum’s $20 billion gas project, as the government limits its debt sales following a default three years ago.

Africa Oil, JV partners sign on for first-ever oil development in Kenya

Africa Oil Corp. has announced that Heads of Terms agreements with the Government of Kenya and joint venture partners, Africa Oil, Tullow Oil plc and TOTAL S.A. have been signed for the development of the oil fields in the South Lokichar basin.

Anadarko announces FID on Area 1 Mozambique LNG project

Anadarko Petroleum Corporation and the co-venturers in Mozambique's Offshore Area 1, today announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project.

Cyclone highlights the vulnerability of operations in Mozambique

Tropical Cyclone Kenneth dumped heavy rains on Mozambique, a day after becoming the second storm to hit the nation in two months.

World of oil and gas

Emily Querubin, World Oil

Several months ahead of schedule, Shell Offshore Inc., a Royal Dutch Shell subsidiary—alongside partner CNOOC Petroleum Offshore SA, Inc., a subsidiary of CNOOC Limited—has begun producing at its Appomattox floating production system.

McDermott announces contract agreement for Mozambique LNG development

McDermott International, Inc. has announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development.

South Africa searches for partners for South Sudan oil block

South Africa’s Strategic Fuel Fund is welcome to bring in partners to help it execute a $1-billion agreement to drill for oil and build a refinery and pipeline in South Sudan, the central African nation’s oil minister said.

Cranium Engineering deploys C-Kore Cable Monitor Units in Africa for first time

C-Kore systems recently completed their first deployment with VAYCO Oil Tools and local Nigerian partner Cranium Engineering on an asset integrity verification operation for a major oil operator off the coast of Nigeria.

South Sudan oil sector sees investment as the country emerges from civil war

South Africa signed a deal on an oil block in South Sudan as part of a $1-billion investment in the country emerging from civil war.

Mozambique to establish sovereign wealth fund to govern gas revenue

Mozambique’s government plans to establish a sovereign wealth fund to manage income from future gas production, President Filipe Nyusi said.

Anadarko sticks to Mozambique timeline as state boosts security

Anadarko Petroleum Corp. said it’s sticking to a plan to decide on a $20-billion gas development in Mozambique by the end of June, after the government boosted security following attacks last month near the project site.

Anadarko Mozambique attacked for first time amid insurgency

Unidentified gunmen attacked an Anadarko Petroleum convoy near its liquefied natural gas project in northern Mozambique, the first targeting an energy company since an insurgency by suspected Islamist militants began 16 months ago.

Anadarko has made an LNG sale and puchase agreement with Tokyo Gas and Centrica

Anadarko Petroleum Corporation has announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a sale and purchase agreement (SPA) with Tokyo Gas Co., Ltd. (Tokyo Gas) and Centrica LNG Company Ltd., a subsidiary of Centrica plc (Centrica) for the long-term supply of LNG. The co-purchasing off-take agreement calls for the delivered ex-ship supply of 2.6 MMtpa from the start-up of production until the early 2040s.

Why a Libyan oilfield grab could be a boon or bane for exports

Forces loyal to Libya’s eastern leader Khalifa Haftar have swept into the country’s lawless and oil-rich southern region to expel militants and secure energy facilities.