Green Car Congress
JULY 14, 2010
An Eni-led consortium announced a new major oil discovery in Block 15/06 in the deep offshore of Angola. The well has produced results beyond initial expectations and confirms the potential for a second productive hub in the North East area of the block. 5%) and Statoil Angola Block 15/06 Award AS (5%).
Green Car Congress
JANUARY 4, 2012
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. There is substantial evaluation work ahead of us to determine whether the discovery is enough to invest further to get production going.
Green Car Congress
NOVEMBER 2, 2020
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). It will see production rise across all regions of the world, with the exception of Europe, where it will decline by 70% by 2050.
Green Car Congress
APRIL 4, 2011
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. The role that each party plays differs by region.
Green Car Congress
MARCH 13, 2015
mb/d, as losses in Libya and Iraq offset higher supply from Saudi Arabia, Iran and Angola. mb/d in the final quarter of 2014 and in line with projected oil product demand growth. related product draws. related product draws. expected US crude supply, raising the 2015 North American outlook. average 23.1
Green Car Congress
DECEMBER 6, 2012
Cobalt International Energy, Inc., an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico.
Green Car Congress
DECEMBER 8, 2011
We believe these investments will yield significant production growth and reward our shareholders for years to come. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 billion is planned for exploration and production activities, including major natural gas-related projects.
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