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Industry

Total begins production at Clov development

FRENCH major Total has started up production at Clov in offshore Block 17 off Angola, in line with the initial project schedule. The Total-operated Clov is a major deep offshore development located about 140 kilometres offshore Luanda. With a production

Chevron divests Chad oil interest for $1.3B

ENERGY giant Chevron Corporation has sold its 25 per cent interest in a producing oil concession and related export pipeline interests in southern Chad to the country’s government, with the transaction valued at about $1.3 billion. Chevron announced in June

Drones to be used in Alaska surveys

THE US Department of Transportation’s Federal Aviation Administration has given the green light for energy giant BP to use unmanned aircraft systems (UAS), commonly known as drones, to undertake aerial surveys in Alaska. It is a landmark move by the

BG to take Leviathan gas

NOBLE Energy and its partners have signed a non-binding letter of intent with BG International to provide gas from the Leviathan field, offshore Israel, to the company’s facilities in Egypt. The LOI set out a total gross sales quantity of

Energean secures Greek blocks

GREECE-focused Energean Oil & Gas has secured licence agreements for two Greek blocks with two project partners, Canada-listed Petra Petroleum and Greece’s Trajan Oil. Energean will work with Petra on the onshore Ioannina block, covering 418,700 hectares in Epirus, in

Iraqi exports start from Majnoon oilfield

EXPORTS from the Majnoon oilfield in southern Iraq have commenced in what operator Shell has hailed as a significant milestone for the field. The first shipment of crude was exported to Shell Trading as Majnoon oilfield production reached a high

Kaombo project gets green light

AFTER a series of delays on cost grounds, Total has made a final investment decision to proceed with development of the Kaombo project offshore Angola. Located in the deepwater Block 32, Kaombo will develop estimated reserves of 650 million barrels,