Here is a brief overview of the week’s news on Oil Review Africa, from 5th - 9th June 2017
Eni, ENH and Technip on board for Coral South LNG implementation in Mozambique
Mozambique’s burgeoning gas sector received a boost with the launch of the Coral South LNG project’s implementation phase. Click to read the full story.
Oil prices remain volatile after OPEC’s meeting
After the agreement of nine-month oil production cut in OPEC meeting in Vienna on 25 May 2017, aimed at boosting the oil price and stabilising the market, industry experts anticipated that oil price would remain volatile with US showing another surge in oil production. Click to read the full story.
Dow seeks to meet gas treatment changes in Africa
Dow has a presence in Egypt and Libya and hopes to expand into Nigeria. Adriano Gentilucci, commercial director − IMEA for Dow Oil, Gas & Mining, speaks to Oil Review Africa about the company’s ambitions on the continent. Click to read the full story.
Aquaterra Energy installs Sea Swift platform offshore Egypt
Aquaterra Energy, a leading global offshore engineering solutions provider, has designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Company’s (AMAPETCO) Amal field in the Gulf of Suez, offshore Egypt. Click to read the full story.
ExxonMobil acquires deepwater acreage in Equatorial Guinea
The government of Equatorial Guinea has signed a production sharing contract (PSC) with ExxonMobil's affiliate, Exploration and Production Equatorial Guinea (Deepwater). Click to read the full story.
IEA: "Current government policies are not sufficient to achieve long-term global climate goals"
The International Energy Agency's latest report on energy technology trends, as well as technological advances, will play out in the next four decades to reshape the global energy sector. Click to read the full story.
Nigerian oil close to capacity after force majeure on exports from Forcados lifted
The force majeure on the Shell-operated Forcados oil terminal has been lifted after 16 months, providing a boost to Nigeria's oil industry. Click to read the full story.
Sercel deploys multi-sensor seismic streamer Sentinel MS in Ireland
Sercel has commercially deployed its multi-sensor based solid streamer, the Sentinel MS, for the first time in the South Porcupine basin in Ireland, aiming to address the need of oil and gas industry for more detailed and accurate image of the subsurface. Click to read the full story.
UTEC AUVs set to support Saipem at Zohr offshore project in Egypt
Italian oilfield contractor Saipem has contracted UTEC, a global survey company in subsea services group Acteon, to support Saipem’s operation for deepwater Zohr gas field development project in Egyptian sector of the Mediterranean sea. Click to read the full story.
