Following years in the pricing doldrums, LNG is hot again, with business prospects for floating production and regasification looking strong through 2023. We talk to Jim McCaul of International Maritime Associates (IMA) for his insights, as…
International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…
International Maritime Associates has just completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…
With the entry of ExxonMobil, East Africa has entered the gas business for the long term. Can South Africa catch up? EIC’s Andrew Scutter sets the scene. Over the last decade, recent oil and gas discoveries across East Africa have made the region a key frontier for hydrocarbon exploration…
Ocean Rig has signed a contract with Statoil, for a one-well drilling program offshore Tanzania. The contract is expected to start in Q1 2018, and will use the Ocean Rig Poseidon, a 6th generation deepwater drillship based on the enhanced SAIPEM 10000 design…
Ophir Energy has lined up projects for the year, and is ready to spud a well offshore Cote d’Ivoire, in addition to reaching a final investment decision (FID) for the Fortuna FLNG Project, offshore Equatorial Guinea. Image from Ophir…
With UK subsea exports valued at almost US$6.31 billion (£5 billion), Subsea UK is encouraging British firms to set their sights on international expansion to sustain long-term growth. The industry body is urging companies to strengthen trade partnerships across the globe…
Capital investment in the oil and gas industry in Sub-Saharan Africa has been cut by US$100 billion over the next five years, according to Wood Mackenzie's latest report on upstream activity in the region. Major oil companies are heavily…
Shell and its joint venture partners, Pavilion Energy and Ophir Energy, have started its Tanzanian drilling program. The program, covering two wells in Block 1 and 4, in the Mafia Deep basin off Tanzania, will target >1 Tcf of gas, according to Ophir…
It took a long time for exploration to make its impact offshore East Africa. Now it has, will there be another wait for LNG projects to look profitable? Professor Alex Kemp reflects. Image from iStock…
A flurry of major gas discoveries in East Africa in 2012 shone a spotlight on the region. Four years later, while efforts to bring some of those resources to market via LNG developments are progressing, the exploration effort offshore appears to be in the doldrums…
Oil major Shell is planning to start exploration drilling offshore Tanzania later this year, according to partner Ophir Energy. The drilling program, due to start in Q4, will comprise two wells on Blocks 1 and 4 and target >1 Tcf of gas…
Aminex has increased gas production from the Kiliwani North-1 well, offshore Tanzania. The well, drilled on the Kwiliwani North field from Songo Songo Island island, was brought on stream in April. It reached 30 MMcf/d boe at the weekend…
Africa-focused oil and gas production and development company Aminex started first gas production from its Kiliwani North gas field, offshore Tanzania. Map of Kiliwani North and Songo Songo, from Aminex…
Orca Exploration Group has successfully completed its offshore workover and drilling program, of the Songo Songo main field development, offshore Tanzania. The workover and drilling program at Songo Songo included workovers on three existing wells (SS-5…
