Details of the bidding battle to win the full contract for one of the most prized offshore projects up for grabs next year are starting to emerge.
The West African country is making available seven blocks offshore to potential investors.
The country aims to produce first oil by 2016-2017.
The country may become the world’s third-largest exporter of LNG.
Greater potential fuels CAMAC Energy deepwater pursuit.
Production sharing contracts for two deepwater blocks offshore Trinidad & Tobago have been signed by a consortium of BHP Billiton and BG Group.
A rare note of disappointment has emerged from Africa’s east coast where Ophir Energy confirmed one small gas find and a duster.
WHL Energy Ltd. provided an update regarding the early interpretation of the Junon 3-D seismic dataset acquired within its offshore Seychelles project area.
Cameroon authorities have granted Bowleven a one-year extension to the Bomono exploration license onshore Cameroon.
Woodside has entered into a contract for an exclusive reconnaissance license with the national oil company of the Kingdom of Morocco to explore a block offshore Morocco.
The survey was executed by PGS Geophysical Ltd. using its high resolution GeoStreamer technology.
The SM-1 well encountered oil in fractured and brecciated cavernous Upper Jurassic carbonates offshore Morocco.
Eni has started production of first oil from the West Hub Development Project in Block 15/06 in the Angolan deep offshore, approximately 350 km (217 miles) northwest of Luanda and 130 km (81 miles) west of Soyo.
The Sharara and Elephant fields in the southwest should resume production on Nov. 12, said Mohamed Elharari, a spokesman for state-run National Oil Corp.
Libya will resume pumping crude “soon” at Sharara, its biggest oil field, after an attack that halted output, reducing the North African nation’s production by almost a third, an official said.
Libya’s warring factions have pledged to keep the North African country’s crude flowing, putting pressure on other OPEC nations to curb output when the group supplying 40% of the world’s oil meets next month.
Total's deep export production treatment hub (DEPTH) program focuses on deepwater gas and has a number of elements that include an all-electric production system.
Australia's Sunbird Energy expected to make final decisions for South Africa.
CAMAC Energy Inc. has signed a contract with a subsidiary of Transocean Ltd. for the provision of the semisubmersible drilling unit Sedco Express for drilling and completion activities offshore Nigeria.
Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola, the company said in a news release.
Eni and Sonangol, the national oil company of Angola, signed a strategic agreement on future cooperation activities and joint projects in the oil and gas sector to develop in the country.
As part of this contract, Vallourec will supply 27,000 tons of oil country tubular goods (OCTG) for wells.
After nearly four years of planning and investing more than $4.5 million in facilities, recruitment and training, GE Oil & Gas has added the capability to fabricate subsea wellheads in Nigeria for its oil and gas customers, the company said in a news release.