Category: Oil & Gas Industry
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NOCAL Liberia: Latest Developments
NOCAL (National Oil Company of Liberia) has been making significant strides in the country’s oil and gas sector. Here are some of the latest developments: Partnership with TGS: NOCAL has partnered with surveying services firm TGS to reprocess multi-client seismic data offshore Liberia. This collaboration aims to explore the untapped potential of Liberia’s offshore resources.…
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Feature: Conex Oil Liberia; Recent Developments
Conex Oil Liberia is a relatively new player in the Liberian oil market, having acquired the assets of Total Liberia in 2020. While there might not be a wealth of recent news specifically about Conex Oil Liberia, there are some key developments worth noting: Key Points:Acquisition of Total Liberia: This was a significant move that…
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Turkey to start search for oil and gas in Somalia, minister says
Turkey and Somalia have signed an agreement under which the Turkish state company TPAO will conduct seismic surveys on three blocks in Somalia, Turkish Energy Minister Alparslan Bayraktar announced. “We believe that Somalia has very important oil and natural gas resources in the offshore area. We have signed our agreement in 3 blocks in the…
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QatarEnergy Buys Stake from Chevron
QatarEnergy has announced the purchase of a 20 percent stake from Chevron, a US energy company, in offshore Suriname. Under the agreement, Chevron will remain the operator with a 40 percent stake, while Paradise Oil Company, a subsidiary of Suriname-based Staatsolie, will receive the remaining 40 percent. Block 5 is located in the western part…
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Niger and Chad reportedly relaunch the Niger-Chad-Cameroon pipeline project and renew the gasoil supply contract
A Chadian delegation led by the Minister of Oil, Mines and Geology, Ndolenodji Alixe Naimbaye, has been on a working visit to Niger since Wednesday, media reported. This visit aims to relaunch the Niger-Chad-Cameroon pipeline project and renew the gasoil supply contract in Chad. The pipeline relaunch allows crude oil to be exported from Niger…
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South Africa is “not ashamed” of expanding trade with Russia, including the potential import of liquefied natural gas, the minister says
“I don’t think we are ashamed of importing gas from Russia. We are members of BRICS. We want to increase trade with Russia,” South African Minister of Mineral Resources and Energy Gwede Mantashe said on Thursday during budget hearings for his ministry in parliament. In December 2023, the South African government greenlit the African division…
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Shell joins chase for ‘big prize’ off South Africa’s west coast
Shell is seeking government permission to drill up to five ultra-deep offshore wells off the west coast of South Africa, a draft scoping report from independent environmental consultancy SLR showed on Tuesday. The oil major plans to drill exploration and appraisal wells in the area as energy companies shift their focus south of Namibia, where…
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ANGOLA ENVIRONMENTAL SERVICES JOINS ANGOLA OIL & GAS (AOG) 2024 AS SILVER SPONSOR
Angola plans to increase oil production to 1.1 million barrels per day (bpd) until 2027, thereafter maintaining output at this level. To support production growth, the country is promoting investment in exploration, with several drilling campaigns planned across both on- and offshore acreage. As upstream drilling progresses in Angola, waste management company Angola Environmental Services…
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