ONGC and Indian Oil Corporation has signed a memorandum of understanding (MoU) to establish a small-scale liquefied natural gas (LNG) plant near the Hatta Gas Field in the Vindhyan Basin
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday.
The total rig count fell by 2 to 588 this week, compared to 682 rigs this same time last year.
The arbitration process to determine whether ExxonMobil can block the $53 billion sale of Hess Corp to Chevron is stalled due to the incomplete appointment of a third arbitrator, according to Reuters.
According to the Guyana Times, ExxonMobil has started appraisal drilling at its Lau-Lau 2 well site in the prolific Stabroek Block offshore Guyana, where it had previously discovered over 300 ft of oil at the Lau-Lau 1 well. The Maritime Administration Department announced that this appraisal, conducted by the drillship MODU Noble Sam Croft, will run from June 16 to July 31, 2024.
Virtually all West African countries, from Mauritania, Cote D’Ivoire, Sierra Leone, Liberia, to Ghana and others, all in the Gulf of Guinea axis, have developed oil and gas explorations. By 2027, all these countries will increase three fold their oil outputs.
TotalEnergies, operator of OML 58 onshore license in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), have taken the Final Investment Decision (FID) for the development of the Ubeta gas field.
Dangote Industries Limited (DIL) has accused the International Oil Companies (IOCs) operating in Nigeria of actively hindering the Dangote Oil Refinery’s operations.
Stakeholders in the Keta-Vodza coastal community groups have called for a comprehensive environmental impact assessment for the Keta Delta Oil Block and other energy projects.
The assessment should include cumulative impacts on biodiversity, marine ecosystems, and local livelihoods.
The stakeholders demanded that all energy projects, including the Keta Delta Oil Block, adhere to the principles of Free, Prior, and Informed Consent (FPIC) as outlined in the UN Convention.
The Chief Executive Officer of the Chamber of Bulk Oil Distributors, Dr. Patrick Ofori, has raised
concerns about the resumption of Strategic Mobilisation Limited (SML) in the monitoring operations
in Ghana’s Downstream Petroleum.
Indonesia plans to start in July construction of a 245 km (152.24 miles) gas pipeline in Java to connect excess supply in eastern part of the island to buyers in the west, an energy ministry official said on Wednesday 19 June 2024.