PETROSA LTD, SOUTH Africa's state-owned oil and gas company, is considering investing about US$1bn in developing a natural gas field off the country's south coast.

South Africa’s petroleum regulator said Falcon Oil & Gas and Bundu Gas and Oil Exploration have applied for shale gas exploration permits as the nation looks to reduce its dependence on petroleum imports.

THE WEST DIVISION of Hallin Marine has taken delivery of the purpose built subsea operations vessel, The Ullswater, and immediately won its first saturation diving contract.

ALTRA ENERGY HAS won an open tender for a capacity trial of the In Amenas Gas plant in Algeria.

EQUATORIAL GUINEA MAY decide to build a US$2.2bn liquefied natural gas plant in 2012, according to Gabriel Obiang Lima, a vice minister of mines, industry and energy.