Tag: Africa

OTC will embrace broad perspective on innovation, chairman says

Gamal Hassan, chairman of the 2013 Offshore Technology Conference, says the mega-event will turn more attention to national oil companies than in previous years, with a broad focus on geography and technology.  More »
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‘Afro-optimists’ consider challenges of developing Africa’s resources

With most of Africa’s 54 countries pursuing oil and gas development, the real question isn’t whether energy will be part of the continent’s future but when and how.  More »

In Africa, “there will be winners and losers”

With 48 of the continent’s 54 countries pursuing exploration for oil and gas, longtime advisor on Africa, Lord Mark Malloch-Brown, says investors need to be savvy.  More »

NAPE opens with an international flavor

The NAPE Winter Conference — formerly known as the North American Prospect Expo — opened Tuesday with an international show, a chance for advocates from countries around the world to hawk their prospects.  More »

Second Houston-area man confirmed dead in Algeria

Houstonian Victor Lynn Lovelady was killed in last week’s hostage standoff at a natural gas complex in Algeria, the third American reported dead. See Lovelady’s family talk about their loss.  More »

Renewables can help feed Africa’s power needs, experts say

Speakers at the Texas Africa Business Summit said Thursday that an insufficient workforce and ill-conceived government projects are impeding development of conventional power infrastructure in Africa.  More »

Anadarko leaders tout second-quarter bright spots

Anadarko saw sales volumes double in several U.S. fields during over the past year and marked major natural gas discoveries in Africa, leaders said.  More »

Anadarko expands massive Mozambique discovery

Anadarko’s Golfinho exploration well hit more than 193 net feet of natural gas pay offshore Mozambique, the company announced Tuesday.  More »

Shell says ‘unprecedented’ oil thefts target Nigeria

Royal Dutch Shell PLC says its Nigerian subsidiary faces an “unprecedented” level of oil thefts targeting its operation in the oil-rich African nation.  More »

Gadhafi death unlikely to spur quick Libyan oil return

Moammar Gadhafi’s death isn’t likely to expedite the return of Libya’s oil output or lure back foreign companies as quickly as the interim government hopes, according to analysts Daniel Yergin at IHS-CERA and Edward Morse at Citigroup Global Markets Inc.  More »

Eni says ‘giant’ gas find off Mozambique is company’s largest

Eni SpA, Italy’s biggest oil company, found natural gas off Mozambique in a field that may hold enough to supply the U.K. for more than four years and would be the explorer’s largest operated discovery.  More »