TOGY has learned that installations are meant to have begun by the beginning of second quarter of 2014, but will most likely be delayed until the first quarter of 2015.
Total’s Moho Nord investment is a $10-billion expansion of production in the Moho Bilondo offshore block, and will add capacity of 140,000 barrels of oil per day to Total’s production. Stakeholders in the project include operator Total (53.5 percent), Chevron (31.5 percent) and SNPC (15 percent).
Singapore’s Seatrium has secured a topside integration project for the FPSO Errea Wittu from Offshore Frontier Solutions, a MODEC Group… Read More
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
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