article thumbnail

Chevron greenlights $5.6B Mafumeira Sul project offshore Angola

Green Car Congress

Chevron Corporation’s Cabinda Gulf Oil Company Limited subsidiary will proceed with the development of the Mafumeira Sul project located offshore Angola. Once online in 2015, the project will build to a production capacity of 110,000 barrels of crude oil and 10,000 barrels liquefied petroleum gas per day. interest in Mafumeira Sul.

Angola 225
article thumbnail

UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

Green Car Congress

UTM Offshore signed an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2

Nigeria 186
article thumbnail

GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF). Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. —Secretary General Sentyurin.

article thumbnail

Sonangol, Maersk Oil and partners strike oil with their first deepwater pre-salt well offshore Angola

Green Car Congress

Sociedade Nacional de Combustíveis de Angola Empresa Pública (Sonangol, E.P.), The result may be a further step towards our goal of building up a significant business in Angola. Maersk Oil entered Angola in June 2005, when it acquired a 50% interest and operatorship of Block 16.

Angola 199
article thumbnail

BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

Green Car Congress

Earlier in December, Cobalt International Energy announced a significant discovery at its Lontra well in the pre-salt play offshore Angola, in which BP holds a 30% interest. The discovery well encountered both a high liquids content gas interval and an oil interval. —Joseph H. Bryant, Cobalt’s Chairman and CEO.

Angola 220
article thumbnail

Eni signs 3 cooperation agreements with Angolan national oil company, including biodiesel

Green Car Congress

Through the agreements, the two companies have established the framework for the development of joint mining initiatives in Angola and abroad; the execution of a pilot project in food and biodiesel; and non associated gas development projects related to block 15/06 in Angola.

Angola 210
article thumbnail

GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

Gas-flaring countries and trends. A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge.

Waste 260