The Mozambican Gas Promise and Why It Epitomizes the African Dream

It has been almost exactly ten years since Anadarko drilled the well that would give Mozambique its first major gas find in over sixty years of mostly disappointing oil and … Read More

African Development Bank approves $400 million to support Mozambique’s ambition to become global Liquefied Natural Gas (LNG) player

The African Development Bank Group has approved a long-term Senior Loan of $400 million to support the building of an integrated Liquefied Natural Gas (LNG) plant, including a liquifaction facility … Read More

Anadarko Allocates $200M Towards Mozambique LNG Project

Anadarko Petroleum the operator in Mozambique Offshore Area 1 has said it has allocated approximately $200 million toward its LNG project, pre FID (final investment decision), for its’s portion of the costs … Read More

New Assessment of Resources in South Lokichar Shows 25% lower Than Reported

A new full assessment of all the exploration and appraisal data, Tullow estimates that the South Lokichar basin contains the following recoverable resources 560mmbo 2C down from 766mmbo reported earlier … Read More

Uganda, AGRC consortium Start Talks To Develop A Greenfield Oil Refinery

The Government of Uganda has announced that it has agreed core project terms for the Uganda Refinery Project with the Albertine Graben Refinery Consortium (AGRC) for the development of a … Read More

Anadarko Finalizes Marine Concessions with Mozambique for Offshore Area 1 project

Anadarko Petroleum has announced that it had finalized two agreements with the Government of Mozambique – together known as the “marine concessions” – which would allow it to design, build and operate the … Read More