Subscribe free to our newsletters via your
. Energy News .




ENERGY TECH
OMV enters acreage offshore Namibia
by Daniel J. Graeber
Washington DC (UPI) Apr 02, 2014


Prospects improve for end to Libyan oil woes
Washington DC (UPI) Apr 02, 2014 - Most of the oil ports in eastern Libya should be opened following talks with the government in Tripoli, a spokesman from a self-proclaimed government said.

Libya's oil potential since the end of civil war in 2011 has been curbed by internal conflicts. The U.N. Security Council passed a resolution allowing the use of force to seize oil taken from eastern oil ports under rebel control.

Ali al-Hassi, a spokesman for Ibrahim Jadhran, who leads the self-proclaimed government in eastern Cyrenaica, told the Libya Herald both sides were in general agreement to remove blockades on the region's oil ports.

"A big part of the oil ports would be reopened if the government accepts our demands," he said Wednesday.

A Defense Ministry official, speaking on the condition of anonymity, told the Libyan newspaper he wasn't optimistic about the potential for a final deal.

"It is not possible for the government to sign a deal with Jadhran" he said. "He is a wanted person."

Libyan authorities earlier this week released three gunmen who forced the North Korean-flagged oil vessel Morning Glory to leave a Libyan port last month in an effort to appease eastern Libyan leaders.

U.S. Navy SEALs, acting on Tripoli's request, seized the vessel and returned to it Libyan custody in late March.

[Libya Herald]

Austrian energy company OMV said Thursday it expanded its African footprint by joining an offshore exploration project in Namibia.

"OMV is well on track to position its assets into more high-return upstream projects," OMV Chief Executive Officer Gerhard Roiss said in a statement. "Therefore it is part of OMV's strategy to build up new exploration opportunities also in the region of Sub-Saharan Africa."

The Austrian company said it's entering Namibia through the acquisition of a 65 percent stake from Brazilian company Cowan Petroleum through a partnership with Murphy Luderitz Oil Co. for an undisclosed sum.

Murphy, through a partnership with OMV, serves as the operator in a program to use seismic surveys to get a better understanding of the reserves off the coast of Namibia. Surveys are slated to begin later this year.

The two reserve areas offshore encompass a total area of 4,200 square miles. OMV provided no estimate of the reserve potential.

Namibia is considered frontier territory. Basins north of the country off the coast of Ghana are very rich in oil.

Eni hopeful for Mozambique LNG
Washington DC (UPI) Apr 02, 2014 - Italian energy company Eni said it was eager to help Mozambique become a hub for liquefied natural gas exports to Asian economies.

Paolo Scaroni, chief executive officer at Eni, met in Brussels with Mozambique President Armando Geubuza to review developments of the country's gas sector.

The Italian company said in a statement operations in Mozambique "include the construction of onshore and offshore gas liquefaction plants, to serve international markets and mainly Asia, and projects aimed at supplying energy for local consumption."

Asian markets are taking on more international supplies of natural gas in order to satisfy the needs of their expanding economies.

Eni last year said it made a "high impact" discovery while working in the Agulha exploration prospect in the deep waters off the coast of Mozambique. It estimated the area may hold as much as 7 trillion cubic feet of natural gas in place.

Eni estimates there are 80 trillion cubic feet of natural gas at its Mamba Complex and Coral discoveries in Mozambique.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





ENERGY TECH
Murkowski leads effort to push Keystone XL pipeline, LNG exports
Washington DC (UPI) Apr 01, 2014
U.S. Sen. Lisa Murkowski unveiled a measure that would facilitate the construction of the Keystone XL oil pipeline and fast-track liquefied natural gas exports. Murkwoski, R-Alaska, ranking member on the Senate Energy Committee, joined Sen. John Hoeven, R-N.D., and John Barrasso, R-Wyo., in introducing the Energy Security Act as an amendment to a bill that would extend unemployment assi ... read more


ENERGY TECH
U.S. House puts energy at top of budget plan

British greenhouse gas emissions decline

GDF Suez starts operations at Omani power plants

BTM Reduces Coolant Usage and Waste Removal Costs with QualiChem Fluids

ENERGY TECH
Russia's Tatneft plans Libyan return

Two percent of Canada's oil gets to overseas markets

Gazprom to raise bills for Ukraine

TransCanada fills U.S. shale gas network

ENERGY TECH
Wind energy: On the grid, off the checkerboard

U.K. invests $1.1 billion in offshore wind

Australian wind energy industry growing up

Wind farms can provide society a surplus of reliable clean energy, Stanford study finds

ENERGY TECH
Revolutionary solar cells double as lasers

GDF Suez to add to French solar power capacity

Ukraine turmoil clouds PV outlook

Minnesota Public Utilities Commission Says Solar is Part of the Solution

ENERGY TECH
Czech Moravian-Silesian Region Fundamental To Temelin AP1000

Study on element could change ballgame on radioactive waste

US, Japan in historic plutonium return deal

Shale could be long-term home for problematic nuclear waste

ENERGY TECH
Engineered bacteria produce biofuel alternative for high-energy rocket fuel

Researchers Engineer Resistance to Ionic Liquids in Biofuel Microbes

Sugar, not oil

Algae may be a potential source of biofuels and biochemicals even in cool climate

ENERGY TECH
Tiangong's New Mission

"Space Odyssey": China's aspiration in future space exploration

China to launch first "space shuttle bus" this year

China expects to launch cargo ship into space around 2016

ENERGY TECH
Calls for action as world faces fork in climate road

US to tackle methane in climate change push

IPCC chief: Worst can be avoided with action now

White House launches website to visualize climate change




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.