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Africa Oil & Gas: Tanzania launches nationwide probe into gas sector

As Tanzania launches an official investigation into what are the benefits it gets from gas, some investors are going further, and asking if they can ever benefit from doing business there without more regulatory stability. 1,637 more words

Mozambique Oil And Gas Industry

The future of offshore wind

It might be easy to take the view that offshore wind has become a mature business, industrial in its approach. The industry made impressive headlines last year, with the first subsidy-free bids for wind farms in European waters (or anywhere for that matter). 1,302 more words

Offshore Energy

Mozambique Oil & Gas: Statoil says quitted talks over 25.5% gas stake due to lack of progress after more than 2 years

Norway’s Statoil said it has pulled out of negotiations to take a 25.5 percent stake in a gas block off Mozambique, citing a lack of progress after more than two years of talks. 180 more words

Mozambique Oil And Gas Industry

Mozambique Oil & Gas: Statoil biggest loser on Rovuma natural gas prospecting, quits

Norway’s Statoil oil group has decided to give up on negotiations for the exploration and production of natural gas in Mozambique after more than two years of talks with the local government, said the group’s spokesperson quoted by the Interfax Natural Gas Daily website. 81 more words

Mozambique Oil And Gas Industry

Africa Oil & Gas: Algeria's Sonatrach signs $500 mln deal with BP, Statoil

ALGIERS, Dec 20 (Reuters) – Algerian state-owned energy company Sonatrach has signed an agreement with BP and Statoil to produce an additional 11 billion cubic metres ( 105 more words

Mozambique Oil And Gas Industry

Statoil, partners to spend $5.9 billion on new Arctic oil field


© AFP/File | Norwegian oil giant Statoil and its partners plan to invest 49 billion kroner (nearly 5 billion euros, $5,9 billion) to develop the Arctic Johan Castberg oil field, a cost cut in half compared to initial forecasts… 208 more words


The Dudgeon Wind farm is now completed and fully commissioned – right on schedule. The project is the largest Norwegian renewable investment in the UK and the Dudgeon Wind farm will harness wind to power 410,000 UK homes. 633 more words