Browsing: Shell

Oil & Gas Chevron's Gorgon LNG project in Australia. Image: Chevron
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Occidental Petroleum appears to be moving into pole position to buy fellow US oil company Anadarko, after upping its price for the company to $76 per share, versus Chevron’s $63/share offer, and receiving $10 billion in backing for the deal from billionaire investor Warren Buffet. Oxy has no [...]

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Oil & Gas Artist impression of an FLNG vessel. Photo: Technip
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The high risk of resource nationalism in Tanzania means that oil companies are increasingly viewing neighbouring Mozambique as a “more predictable and dependable partner” for the development of offshore gas assets, according to political risk consultancy Verisk Maplecroft. Tanzania’s descent [...]

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Extractives A early visualisation of how Mozambique's onshore LNG project could be laid out. Image: Anadarko
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Mozambique’s Ministry of Mineral Resources and Energy (MIREME) is recruiting an individual consultant to help the ministry design its gas and LNG strategy, as well as provide support negotiating concessions with oil and gas companies in Mozambique. [...]

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Extractives A map of the LNG marine concession area.
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The plan of development (POD) for Area 1’s 12 mtpa LNG plant in Cabo Delgado will go to the Mozambique’s Council of Ministers next Tuesday. If passed, this would be another key milestone towards FID -  but the government could also be eyeing it as an [...]

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