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
Exploration
Africa Re faces losses in South Africa and Middle East in H1 2017
African Reinsurance Corporation (Africa Re) has announced that the losses in South Africa and in the Middle East pushed down the company’s net profit to US$7.6mn in the first half of 2017 from US$32.6mn in the same period in 2016
Wood Group closer to Amec takeover: CMA
The UK’s Competition and Markets Authority (CMA) has said that British oil and gas company Amec Foster’s proposal to sell almost all of its upstream offshore oil and gas servicing assets may be adequate for regulatory approval of its merger with Wood Group
Emerson launches new drilling jar clamp
Emerson Automation Solutions has launched the latest product within its polymer completions solutions range – the PolyOil® JAR Handling Clamp – for increased safety and well integrity
Zambia commissions first oil survey
Zambian president, Edgar Changa Lungu and Tullow Oil have announced the country’s first-ever oil survey