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GoM: BHP divests ownership interest in Neptune 24 May 2021 EnVen Energy Ventures to transfer its 35 per cent ownership interest and operatorship of the Neptune field in the deepwater Gulf of Mexico. Neptune is structured as a joint venture and is operated by BHP (35 per cent) with co-owners EnVen Energy Ventures (30 per cent), W&T Energy VI (20 per cent) and 31 Offshore (15 per cent). BHP President Petroleum Operations, Geraldine Slattery said: As a reputable operator with deepwater experience in the Gulf of Mexico, EnVen is ideally-placed to take operatorship of Neptune and we’re committed to a safe and smooth transition of operations. ....
- BHP divests ownership interest in... euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.
GhIPCON is the country’s foremost Petroleum Downstream Conference to share ideas The Ghana International Petroleum Conference (GhipCon) is slated for today March 10, 2021, via a Zoom meeting to discuss issues and policies concerning Petroleum Operations in the country. GhipCon 2021 is expected to provide critical insights into market shifts and policies occasioned by the Africa Continental Free Trade Area (AfCFTA), which makes Africa the world’s largest free trade area. The Virtual Conference will host about 2,000 people including business people and major global and regional corporates with an interest in Africa. The conference will tackle five major topics which include; AfCFTA and the future of trade in Africa: Implications for Africa’s downstream, Leveraging AfCFTA to build a self-reliant Africa: Repositioning refining and supply chain, optimizing downstream petroleum revenues in the era of AfCFTA, Harmonizing Downstream regulation in the era of AfCFTA: M ....
Driving Deal-Making in Mozambique Post-COVID-19 (By Grace Goodrich) The country seeks to engage local service providers to supply goods and services to gas megaprojects to drive in-country value generation and retention MAPUTO, Mozambique, February 18, 2021/APO Group/ By Grace Goodrich Mozambique defied global investment flows by reporting a rise in deal activity in 2020. Now, the country seeks to engage local service providers to supply goods and services to gas megaprojects to drive in-country value generation and retention. While overall transactions dropped by eight percent in sub-Saharan Africa in 2020, in Mozambique, the number of transactions rose, with 12 deals reported compared to only four deals in 2019, according to a Baker McKenzie analysis (http://bit.ly/3b8L2Cq). Despite ongoing market uncertainty due to COVID-19, for Mozambique, this comes as little surprise: in recent years, the country has emerged as a regional hub for energy investment a ....
Grace Goodrich, Field Editor Find Portuguese version here Mozambique defied global investment flows by reporting a rise in deal activity in 2020. Now, the country seeks to engage local service providers to supply goods and services to gas megaprojects to drive in-country value generation and retention. While overall transactions dropped by eight percent in sub-Saharan Africa in 2020, in Mozambique, the number of transactions rose, with 12 deals reported compared to only four deals in 2019, according to a Baker McKenzie analysis. Despite ongoing market uncertainty due to COVID-19, for Mozambique, this comes as little surprise: in recent years, the country has emerged as a regional hub for energy investment and development on the continent, as foreign investors spearhead gas megaprojects and local service providers seek to access large-scale contracts. ....