Gas Snippets

Total starts production at Kaombo Sul in Angola

Energy group Total has started production at Kaombo Sul, the second floating production storage and offloading unit of the Kaombo project, located on Block 32, 260 km off the coast of Luanda, Angola, in water depths ranging from 1400 m to 2000 m.

Kaombo Sul, which was brought on line eight months after Kaombo Norte started production, will add 115 000 bbl/d of output, taking overall production capacity at the Kaombo project to 230 000 bbl/d – equivalent to 15% of the country’s production.

Engineering News, 2 April 2019

Exxon weighs sale of Nigerian oil and gas fields for up to US$3 billion

Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters.

The potential disposals are expected to include stakes in onshore and offshore fields and could raise up to US$3 billion, two sources said.

Engineering News, 2 April 2019

Interest in hydrogen storage increasing

Interest in hydrogen energy storage continues to grow, owing to the very large storage capacity that liquid organic hydrogen carrier (LOHC) technology offers, compared with other technologies.

Currently, most hydrogen is stored as a cryogenic liquid or is compressed under high pressure, which are expensive storage methods. However, LOHC technology allows for storing hydrogen at ambient conditions, which allows for a range of stationary power applications such as grid support and energy self-supply for off-grid applications, to be sustained.

Engineering News, 5 April 2019

The above reflects a summary of certain news articles published during the preceding week. It is not an expression of opinion in respect of each matter, nor may it be considered as a disclosure of advice by any employee of Hogan Lovells.

For more information contact Charles Marais

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