Oil Review Africa weekly digest - 21st - 25th August

pixabay jp26jp for ORA 307Here is a brief overview of the week’s news on Oil Review Africa, from 21st - 25th August 2017 

Cairn announces progress in Senegal its half-yearly result  

Cairn Energy has published half-yearly results for six months ended 30 June 2017, emphasising that it continues to deliver progress in Senegal where planning work has commenced on the phased development of the world class SNE field. Click here to read the full story.  

Shell starts production at Gbaran-Ubie Phase 2 in Nigeria 

Anglo-Dutch oil company Royal Dutch Shell has commenced gas production at the second phase of its Gbaran-Ubie project which is located in the Niger Delta region of Nigeria. Click here to read the full story.  

ExxonMobil launches next generation product series for gas engine oils 

The US-based ExxonMobil has launched the Mobil Pegasus 1100 Series, a next generation series of gas engine oils, aiming to keep up with the latest gas engine developments. Click here to read the full story.  

SAExploration announce Q2 and H1 financial results 

Revenues for SAExploration decreased 32.3 per cent to US$99.7mn from US$147.2mn in the first half of 2016. Click here to read the full story.  

South African Sunrise Energy establishes LPG terminal to advance oil and gas sector 

South Africa-based energy infrastructure company Sunrise Energy, has established an open-access liquefied petroleum gas import and storage terminal, in Saldanha Bay, which will enable the import of LPG in large quantities. Click here to read the full story.  

Fortuna FLNG Offtake awarded to Gunvor 

The Ministry of Mines and Hydrocarbons, Ophir Equatorial Guinea Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial have nominated Gunvor Group as their preferred LNG Buyer for offtake from the Fortuna FLNG project. Click here to read the full story.  

Halliburton and Microsoft join to digitally transform the oil and gas industry 

Microsoft and Halliburton has announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. Click here to read the full story.  

Total acquires Maersk Oil for US$7.45bn in a share and debt transaction 

Total has announced that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100 per cent of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil) by Total in a  share and debt transaction. Click here to read the full story.    

ENI, Anadarko to build new LNG terminals in Mozambique 

Mozambique has signed agreement with Italian oil and gas major ENI and the US petroleum company Anadarko to build two liquefied natural gas (LNG) terminals in Cabo Delgado, the northernmost province of Mozambique. Click here to read the full story.  

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