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. Associated natural gas will be commercialized through the Angola Liquefied Natural Gas (ALNG) plant in Soyo, Angola. Chevron’s subsidiary is the operator and holds a 39.2%

Angola 225
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

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

Green Car Congress

Italy-based energy major Eni signed three agreements to further strengthen its cooperation with the Angolan national oil company, Sonangol. Eni said that this operation confirms Angola as one of the key countries in the company’s growth strategy.

Angola 210
article thumbnail

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

Green Car Congress

UTM Offshore was incorporated in July 2012 as a privately held Nigerian company. The penetration of FNLG in Africa, which started in Cameroon and expanded to Angola and Mozambique and now to Senegal, Mauritania and Nigeria, highlights Africa’s commitment to unlocking the full exploitation of its gas resources.

Nigeria 186
article thumbnail

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

Green Car Congress

The two-day Oil and Gas of Turkmenistan 2020 conference was organized by the Government of Turkmenistan and attracted the participation of regional and international energy companies, including CNPC, Dragon Oil, SOCAR, ENI, ARETI, Schlumberger, Hyundai, among others.

article thumbnail

Using new seismic imaging technique, BP finds significant additional resources in the Gulf of Mexico

Green Car Congress

As a result of this early success, BP now is deploying this technique to fields elsewhere in the Gulf of Mexico as well as in Azerbaijan, Angola, and Trinidad and Tobago. BP invented and was the first company to deploy wide-azimuth towed-streamer (WATS) technology to better illuminate and image below complex structures like salt.

Mexico 170
article thumbnail

Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

Green Car Congress

Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China. Angola: Angola LNG and development of Mafumeira Sul. Spending of $28.5 billion is planned for exploration and production activities, including major natural gas-related projects.

Chevron 170