French energy company GDF Suez is laying the groundwork for a big competitive battle for a crucial engineering and design contract on the €3 billion to €3.7 billion ($3.9 billion to $4.8 billion) Bonaparte floating liquefied natural gas project in northern Australia.
Brazil’s Petrobras has received more than 50 commercial proposals on a massive tender covering the fabrication of topsides modules and integration on eight floating production, storage and offloading vessels to be used on pre-salt fields.
Civil and ethnic strife amid historic conflicts over natural resources have long characterised the Horn of Africa and the north east of the continent.
UK-based BG Group is banking on strength in the liquefied natural gas sector and a string of new development projects in Brazil and Australia to propel it towards production of more than 1 million barrels of oil equivalent per day by 2015.
US independent Cobalt International Energy has made a potential 2 billion barrel pre-salt oil discovery off Angola that has major implications for future exploration of the nascent play in the Kwanza basin and farther afield from Gabon through to Namibia.
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The World Petroleum Congress, held every three years, is the premier meeting place for oil executives and energy ministers. Upstream will offer extensive coverage of WPC, from start to finish, with 10 reporters on the ground in Doha for the big event, providing news reports, interviews and analysis. To read all the latest news from Doha, including the Official WPC Daily News e-paper, follow this link
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