Latest Stories

Colombia’s next tender to open by end-March

11 March 2021

Colombia’s government is reportedly set to release the schedule for its next oil and gas licensing round by the end of March.

Repaired equipment ready for return to Liza Destiny FPSO, ExxonMobil says

11 March 2021

A contractor for ExxonMobil (US) has completed repair work on faulty equipment from the Liza Destiny FPSO, which is being used to develop Liza-1, the first producing oilfield at the Stabroek block offshore Guyana.

US top diplomat dismisses as “incorrect” reports Korea is sending Iran funds blocked by sanctions

11 March 2021

Iranian president, meanwhile, under fire from conservatives for suggesting step by step revival of nuclear deal is acceptable to Tehran.

Chapel Hill Denham raises $4.6mn for Havenhill’s mini-grid rollout

11 March 2021

Chapel Hill Denham’s Nigeria Infrastructure Debt Fund (NIDF) has raised NGN1.8bn ($4.6mn) to fund Havenhill Synergy’s construction of 22 mini-grids as part of the Nigeria Electrification Project.

Egypt, Sudan strengthen common front against Ethiopia

11 March 2021

Egypt strengthened its united front with Sudan during joint talks at the weekend on the dispute with Ethiopia over the construction of the Grand Ethiopian Renaissance Dam (GERD).

Sunfunder closes $70mn Africa-faced solar fund

11 March 2021

Nairobi-based solar lender Sunfunder has closed its oversubscribed $70mn fund to finance small-scale renewables and energy storage systems in Africa and Asia.

ENGIE takes majority stake in SA’s Xina Solar One

11 March 2021

ENGIE has acquired a 40% stake in Xina Solar One, a 100-MW concentrated solar power (CSP) plant, from Spain’s insolvent engineering company Abengoa, as well as 46% of the operations & maintenance company.

Ghana again hit by complete Dumsor

11 March 2021

Ghana suffered a nationwide power cut on March 7, lasting for most the afternoon and evening.

Mature offshore development signs CO2 supply deal

11 March 2021

The Gippsland Basin Joint Venture (GBJV) has signed a new deal to supply CO2 siphoned from its gas production.

Total, APA halt drilling work at Keskesi East-1

11 March 2021

Total (France) and APA (US) have halted drilling work on Keskesi East-1, the fourth exploration well drilled at Block 58 offshore Suriname.

Australian decommissioning in focus

11 March 2021

National Energy Resources Australia (NERA) has announced a new collaborative effort by the upstream industry to tackle a costly wave of decommissioning projects that is on the horizon.

CGX to invest $90mn in exploration offshore Guyana in 2021

11 March 2021

Canada’s CGX Energy is preparing to spend about $90mn on exploration work in Guyana’s offshore zone this year.

US LNG in pursuit of competitive edge

11 March 2021

Last week’s CERAWeek by IHS Markit conference heard how current and future producers of US LNG are trying to get ahead of the global competition.

CNOOC Ltd seeks review of NYSE delisting decision

11 March 2021

Chinese state-run offshore developer CNOOC Ltd has requested a review of the New York Stock Exchange’s (NYSE) decision to delist the company’s American depositary shares (ADS).

Tokyo Gas launches new high-pressure gas pipeline

11 March 2021

Japanese utility Tokyo Gas has brought a new high-pressure natural gas pipeline online that connects the Ibaraki Prefecture cities of Hitachi and Kamisu.

PetroEcuador to launch drilling programme at ITT block later this year

11 March 2021

Ecuador’s national oil company (NOC) PetroEcuador is set to launch a new drilling programme later this year in order to raise crude oil production levels at the Ishpingo-Tambococha-Tiputini (ITT) fields.

ExxonMobil finds non-commercial hydrocarbon reserves in Bulletwood-1 well

11 March 2021

ExxonMobil (US) and its partners have failed to find commercial quantities of crude oil or natural gas in Bulletwood-1, the first exploration well drilled at the Canje block offshore Guyana.

Tullow expects to complete GVN-1 well at Block 47 in Q2-2021

11 March 2021

Tullow Oil (UK/Ireland) is on track to complete work on the Goliathberg Voltzberg North-1 (GVN-1), which is being drilled at Block 47 offshore Suriname, in the second quarter of 2021.

NZOG relinquishes last New Zealand exploration asset

11 March 2021

Independent developer New Zealand Oil & Gas (NZOG) intends to relinquish the last of its exploration assets in the Australasian country, underscoring the precarious future of New Zealand’s upstream.

Turkey collecting privatisation bids for 253MW Gebze natural gas plant

11 March 2021

Bids also wanted for tender to privatise 26MW Tortum hydro-dam plant.