Africa Energy Headlines International Mauritania

Mauritania-Senegal: BP announces progress towards imminent exploitation of Ahmeyim Field

Murray Auchincloss, Chief Executive Officer (CEO) of British Petroleum (BP), announced Wednesday October 30, significant progress towards the upcoming exploitation of the Ahmeyim liquefied natural gas (LNG) project, situated off the coasts of Mauritania and Senegal. BP is anticipating the commencement of production and export operations in early 2025, a development that underscores the growing […]

Energy Features Headlines Mauritania

BP Vice-president David Campbell makes unannounced visit to Mauritania

According to sources close to Taqadoumy, David Campbell, BP’s Executive Vice-president, visited Nouakchott over the week-end, meeting with Government officials from the energy sector. Following his visit, Campbell traveled to Dakar to discuss ways to resolve any remaining differences between Mauritania and Senegal, as the Ahmeyim LNG project nears its production and export phase. Campbell’s […]

Africa Emerging Markets Energy Europe International Mauritania

BP’s floating gas production platform arrives off Mauritania, Senegal

Senegal and Mauritania are forging ahead with their joint gas fields with the arrival of BP’s floating production, storage, and offloading (FPSO) unit in the Grand Tortue Ahmeyim (GTA) Phase 1 LNG project. The vessel, built at China’s COSCO Qidong Shipyard, will serve the Greater Tortue Ahmeyim (GTA) liquefied natural gas project, which is planned […]

Africa Business Energy Headlines International

BP exits Senegalese gas field amid disputes with Government over priority

British multinational oil and gas company, British Petroleum (BP) has left the Senegalese Yakaar-Teranga natural gas field following a fallout with authorities over the utilization of the commodity, Sputnik reports. The move came after Senegal’s Minister of Oil and Energy Antoine Felix Diome told media that both sides are on opposite sides when it comes […]

Africa Emerging Markets Energy Headlines International Mauritania

Mauritania reins in BP to respect commitments in connection to GTA gas project

Mauritania’s minister of Oil, Gas and Mines Nani O. Chrougha Tuesday October 3 reminded British Petrolium (BP) to abide by requirements and commitments taken in the execution of “Grand Tortue Ahmeyime (GTA)”, a Liquefied National Gas (LNG) project situated on the border with Senegal. BP owns 56 per cent of project in which both Mauritania […]

Egypt Energy Headlines

BP discovers new gas field in Egypt’s Nile Delta

British multinational oil and gas company, British Petroleum (BP) has announced the discovery of a new gas field in Egypt, in the Nile Delta. The new discovery is located at 16 meters water depth on a new formation-level near current Nidoco NW-1 exploratory well, in Abu Madi West concession, 4 km north from the Nooros […]

Africa Energy Headlines International

Oil investment: British-supermajor BP to explore offshore Gambia

British oil giant BP has signed an agreement with Gambia’s government to explore offshore hydrocarbons potential in the West African nation. The London-listed company now has “the legal rights” to explore for oil and gas potential in block A1 offshore Gambia, the office of the Gambian president Adama Barrow said in a statement. Block A1 […]

Business Energy

Algeria to conclude oil deal with Exxon Mobile

The government Algeria will conclude its deal with Exxon Mobil Corp and set up a trade joint venture with an international company before the first half of 2019, Sonatrach’s Chief Executive Officer said. Algeria is mulling over luring in international oil companies with tax incentives in a new energy law aimed at stimulating the North […]

Energy Headlines Libya

Beijing’s PetroChina Signs Deal to Purchase Libyan Oil

China’s largest oil and gas producer and distributor, PetroChina has signed up with the Libyan National Oil Corporation (NOC) to buy Libyan oil, few months after Shell and British Petroleum (BP) signed similar deals. The deal is the first ever since 2013, Bloomberg reports. The deal comes as oil production knows a revival following several […]

Energy Headlines Libya

Libya: BP, Shell cueing up to buy oil

British Petroleum and its sister Dutch Shell have inked deals with the Libyan National Oil Corporation (NOC) to buy ship-ments of Libyan oil, Libya Herald reports Friday. The media said it received confirmation from the NOC that both European firms have signed deals to buy the Libyan oil. Shell, according to Bloomberg, which has been […]