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Exploration activities include acquiring over 26,000 km2 of 3D seismic data, drilling at least four deepwater research wells, and geoscientific studies in the Save and Angoche offshore regions.
Privately-run Chinese power company GCL Holdings is rebuilding a natural gas business after offloading hundreds of solar installations to set up gas import capacity and a trading operation, company...
“ Some experts have described this EACOP as a ‘green oil pipeline’ given the attention to protecting the environment
'The parties currently expect to complete the transaction in the middle of 2024'.
GCL's return to gas after several years comes as global spot LNG prices have fallen to near three-year lows on growing supply, and as demand is set to expand in China, which reclaimed its title as the world's top LNG buyer last year.