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There is no single E&P company on the list of the current beneficiaries of the Pioneer Status Incentive of the Nigerian Investment Promotion Commission (NIPC). But the oil and gas industry is not entirely excluded. Three companies, which either use natural gas as feedstock or convert and distribute products of natural gas, are listed …
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Sasol is looking to acquire more upstream acreage in West Africa. The company’s only operated upstream acreages outside South Africa are in Mozambique. It has equity in upstream acreage in Gabon and is involved in a midstream project in Nigeria. Sasol says it has strong basin knowledge in West Africa and it is building on …
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Oil and gas company Kosmos Energy is planning to sell a portion of its interest in the large Tortue Ahmeyim gas field in West Africa where a final investment decision was recently made. Tortue Ahmeyim FLNG render / Image source: BPKosmos, which discovered the Greater Tortue Ahmeyim field in 2015, is now a partner in the …
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Anadarko has informed that its contractors working on the Mozambique LNG projects were attacked last week in two separate incidents. One person was killed, six were injured. The U.S. oil and gas company on Friday said it understood there had been two related attacks that occurred on the road from Mocimboa da Praia to Afungi …
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by Andreas Exarheas | Rigzone Staff | The first instinct of traders when they see President Trump tweeting on OPEC is to sell crude, according to Kingsview Asset Management. The first instinct of traders when they see President Trump tweeting on OPEC is to sell crude. That’s according to Paul Nolte, a senior vice …
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by Bloomberg | Tsuyoshi Inajima Oil is stumbling after a 30 percent rally since Christmas Eve as speculation swirls over whether OPEC will heed Donald Trump's call to temper prices. (Bloomberg) -- Oil is stumbling after a 30 percent rally since Christmas Eve as speculation swirls over whether OPEC will heed Donald Trump’s call …
by Cyril Widdershoven | Rigzone Contributor OPEC still needs an official arrangement, but for Russia the argument is weakening. This opinion piece presents the opinions of the author or authors. It does not necessarily reflect the views of Rigzone During the next few months the oil market could be hit—again—by some decisive changes, as …
The Kenyan government has published a gazette giving notice to land owners along the right of way of the planned crude oil export pipeline to the coast of Lamu. The action is the latest in the series of actions leading up to final sanction of a 140,000Barrels of Oil Per Day oilfield development project, expected …
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Partners in the Bonga South West Aparo field Development, in deep water off Nigeria, now have certainty that the licences of acreages hosting the fields will be renewed for a period covering the life of the project. The field straddles Oil Mining Leases (OMLs) 118, 132 and 140. That the government had not expressly given …
Offshore drilling contractor Ensco has secured new drilling contracts for the floater as well as jack-up part of its drilling fleet. As a result, Ensco’s rigs will be working in the U.S. Gulf of Mexico, offshore Australia, Egypt, Japan, in the North Sea, and offshore Saudi Arabia. Ensco DPS-1 semi-submersible rig. Source: ALP Maritime Ensco …
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