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The war in Gaza is expected to hold up the exploration of blocks offshore Israel that were recently awarded to Azerbaijan’s state oil and gas company Socar in partnership with BP and Israel’s NewMed Energy, industry analysts say. As it stands, the deal marks the first overseas upstream investment by Socar. But neither Socar nor BP have commented publicly on the awards announced by Israel’s energy ministry at the end of last month. Learn more >> https://bit.ly/3SNx8NB #Israel #socar #newmedenergy #bp #oilandgas #offshore #exploration #IsraelHamasConflict

🔥 Exciting times ahead for Colombia's oil and gas sector! 🛢️ As offshore exploration surges, we're seeing a promising rebound in rig activities. 🚀 👀 Discover how upcoming projects and a favorable market forecast are setting the stage for a significant increase in exploration investments. Are we on the brink of an energy boom? 📊 Dive into the details with our latest report on how Colombia is navigating these dynamic changes in the energy landscape. 🔗 Link to the full article in the comments! #EnergySector #OilAndGas #OffshoreDrilling #Colombia #MarketTrends #InvestmentOpportunities #Ecopetrol

TotalEnergies and Sonatrach Team Up to Develop North-East Timimoun Gas Field in Algeria TotalEnergies and Algeria's national oil company Sonatrach have joined forces to develop natural gas resources in the North-East Timimoun region. This collaboration, outlined in a signed Memorandum of Understanding (MoU), prioritizes cost-effectiveness and emission reduction by leveraging existing infrastructure from the Timimoun gas field. The agreement solidifies the strategic partnership between the two companies, further contributing to Algeria's energy sector and potentially bolstering European energy security. Agreement: TotalEnergies and Sonatrach signed a Memorandum of Understanding (MoU) to develop natural gas resources in Algeria's North-East Timimoun region. Focus: Appraisal and development of gas with existing Timimoun gas field facilities. Goals: Cost reduction and emission minimization. Impact: Strengthens the strategic partnership between TotalEnergies and Sonatrach. #Algeria #NaturalGas #EnergySecurity #NorthAfrica #OilAndGas #TimimounGasField #ExplorationAndProduction

𝗘𝘅𝘅𝗼𝗻 𝗘𝘅𝗽𝗹𝗼𝗿𝗲𝘀 𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗚𝗮𝘀 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗶𝗻 𝗚𝘂𝘆𝗮𝗻𝗮 𝗔𝗳𝘁𝗲𝗿 𝟮𝟬𝟮𝟵 An ExxonMobil-led consortium is evaluating its first offshore natural gas production in Guyana near the Suriname border. The potential gas production in the Suriname field may commence around 2029 or 2030. The consortium is under pressure from Guyana to tap into untapped natural gas. Options include floating LNG facilities or onshore processing plants, with considerations for co-development with another international company. Read more: https://lnkd.in/g-gJ83TA If you are interested to discuss any opportunities within the Oil and Gas sector, please reach out to our specialist consultants: Stephen Buxton, Jasmine Haqueen or April Wong Also, make sure to follow us and stay tuned for more updates on job opportunities! For more information about our company, visit us at: www.aurora-talent.com #AuroraTalent #ConnectingIndustryExperts #ExxonMobil #GuyanaGasProduction #OffshoreExploration #EnergyDevelopment #OilAndGasNews #OilAndGas

Eni and TotalEnergies are swiftly developing natural gas deposits off Cyprus to supply Europe   Eni said Wednesday that drilling to appraise a third natural gas discovery in waters off Cyprus shows the commitment of the Italian energy company and its French partner TotalEnergies to swiftly develop the deposit and bolster energy supply to Europe. 🔽 Find more info in comments below 🔽 #Eni #TotalEnergies #NaturalGasDiscovery #OffshoreOilandGas #OilandGasNews ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

Since January, Sonatrach, Algeria's state-owned oil company, has discovered eight new oil and gas fields in Bechar, Ain Salah, Illizi, Djanet, and Ouargla. Sonatrach has strengthened its partnerships with major American energy companies. Following ExxonMobil's recent memorandum of understanding to develop two gas fields, Chevron is prepared to sign an agreement to develop a hydrocarbon reservoir.   Francis Higgins Walid BENNOUR Midhat Mirabi Ikechukwu Promise Obialor Dakim Dung Petlong Dakhling Follow The African Energy Council for more energy news   #Energy #aecouncil #OilAndGas #Algeria #Sonatrach #NaturalGas #ExxonMobil #Chevron #EnergySector #OilandGas #Algerianenergy 

🚀 Exciting News in LNG Development! 🌍 Technip Energies spearheads successful tests on Eni's Coral Sul FLNG unit in Mozambique, confirming an annual LNG production capacity of over 3.4 million tons. A groundbreaking achievement for Mozambique, as Coral Sul becomes the first-ever floating LNG facility in Africa's deep waters. Delivered on schedule in 2023, it aligns with Eni's goals for Area 4 gas development. Mozambique Rovuma Venture, led by Eni, ExxonMobil, and CNPC, holds a 70% stake in Area 4, with Galp, Korean Gas Corp., and ENH as minority partners. Constructed by Samsung Heavy Industries, the Coral Sul FLNG unit is a colossal engineering feat, measuring 432m in length, 66m in width, and weighing 220,000 tons. Kudos to the collaborative efforts of all stakeholders, solidifying Mozambique's global LNG market presence. 🌐👏 #LNG #Mozambique #energyinnovation Source : https://lnkd.in/gZVFXXCz

🇩🇿 🇺🇸 Chevron, Algeria's Sonatrach to sign gas exploration deal within days Algeria's state-owned energy firm Sonatrach expects to sign an agreement with Chevron "within the next few days" that would boost the country's natural gas production, Algerian Energy Minister Mohamed Arkab said late Wednesday. Before year-end, Algeria also will sign contracts with ExxonMobil to develop "very important fields that will make a very significant addition to the production of natural gas in Algeria," Arkab also said. https://lnkd.in/gEFwyqvY #LNG #Sonatrach #Chevron #naturalgas #exploration

Norwegian oil and gas companies to spend $24 billion in 2024   Oil and gas companies operating on the Norwegian Continental Shelf will spend 247 billion kroner ($24 billion) this year, reflecting growth in investments for exploration and on existing fields. 🔽 Find more info in comments below 🔽 #OilAndGas #NorwegianContinentalShelf #Investments #Exploration #EnergySector #Growth #Norway #OilAndGAs ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

Libya’s National Oil Corporation (NOC) has signed a Memorandum of Understanding (MoU) with Norwegian energy company, Equinor. Currently the largest energy supplier to Europe, Equinor is commissioned under the MoU to work with the NOC to study and evaluate the oil and gas potential in Libya’s offshore regions. It is understood that the MoU also provides for Equinor to train up junior personnel in Libya’s oil and gas companies. Libya’s energy sector is currently in a period of intensified activity, and the MoU between the NOC and Equinor is related. Following the NOC’s strategic plan published at the start of the year – which set targets for increases in hydrocarbon production – state-owned energy companies in Libya have been working to increase or re-establish production lines in both oil and gas. The study with Equinor forms part of Libya’s broader plans to deliver on its hydrocarbon potential, identifying and establishing new production grounds to increase overall output. The partnership with Equinor will also be valuable for Libya from a strategic perspective. As Europe’s largest energy supplier, Equinor may be a strong model case for Libya to study, as the country considers its own potential to become a major energy market for Europe in the years ahead. Our team at Eltumi & Co specialise in energy and infrastructure projects. We track developments in these sectors in order to provide commercial legal support to businesses operating in the sector. Follow our LinkedIn page for ongoing updates and insight.  #Libya #oilproduction #energy #oilandgas