Shell signs new offshore upstream deals with CNOOC and CNPC; China and Gabon

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Shell has also entered an agreement with CNOOC for its participation in two Shell exploration blocks offshore Gabon, West Africa. In Gabon, CNOOC will acquire a 25% participating interest in offshore exploration blocks BC9 and BCD10. Moreover, we are very pleased to have entered the farm-out agreement with CNOOC in Gabon.

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Cobalt and Total announce significant North Platte deepwater Gulf of Mexico discovery

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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. Total is in a strategic alliance with Cobalt International Energy to explore for oil in the Deepwater Gulf of Mexico.

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Sasol embarking on feasibility study on a US gas-to-liquids facility in Louisiana

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South African energy and chemicals group Sasol today announced that it has chosen the southwestern region of the State of Louisiana as the site for a planned gas-to-liquids (GTL) facility. Sasol continues to advance upstream oil and gas activities in Mozambique, Nigeria, Gabon, Australia, Papua New Guinea, Canada and South Africa.

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

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Depending on region, these may include power generation; gas re-injection (for enhanced oil recovery, gathering and processing); pipeline development and distributed energy solutions. Elsewhere in West Africa, Angola, Equatorial Guinea, Gabon, Congo and Cameroon collectively waste about 10 billion cubic meters of natural gas every year. GE Energy Flare Gas Reduction Study. Gas-flaring countries and trends. Click to enlarge.

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