Kosmos Energy has closed the previously announced transaction with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell PLC to farm down interests in Suriname, Sao Tome & Principe and Namibia for approximately US$95mn million plus future contingent payments of up to US$100mn
Exploration
ExxonMobil announces emission reduction plans
ExxonMobil plans to reduce the intensity of operated upstream greenhouse gas emissions by 15-20% by 2025, compared to 2016 levels
Subsea 7 awarded contract offshore Angola
Subsea 7 has announced the award of a substantial contract by Cabinda Gulf Oil Company Limited (CABGOC) for the Sanha Lean Gas Connection (SLGC) project
Equatorial Guinea makes advances on 100-Day petroleum milestones
Drilling plans, natural gas downstream investments, cross-border negotiations and a complete overhaul of the mining sector are just a few of the initiatives that Minister of Mines and Hydrocarbons HE Gabriel Mbaga Obiang Lima’s team has undertaken in recent months
Eni discovers new oil in the Western Desert of Egypt
Eni has announced a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt