Paloch in Upper Nile state has re-emerged as the rebels’ prime target. Fighting that began in December 2013 has slashed oil output by at least a third to about 165,000 barrels per day, the Oil Ministry said.
Africa’s largest oil producer continues to endure tough market conditions and instability, which some fear could escalate as the postponed February elections arrive.
The battle to win the contract to design and build a world-class FLNG unit to be used by Eni and its partners on a mega-gas project offshore Mozambique is coming to the boil.
The prospects include Al Khayr, Tortue and Marsouin.
There is vast untapped potential in the country’s 534,000 sq km of sedimentary basins.
Anadarko Petroleum has decided to terminate its charter of the Dolphin Drilling drillship Belford Dolphin in September this year, with the unit currently working for the operator off east Africa’s Mozambique.
Various subsea equipment will be delivered throughout 2015 and 2016.
UK independent Sterling Energy has had the exploration period for two frontier blocks northwest of Madagascar extended.
The contract is for a firm charter period of 15 years with five yearly extension options exercisable by the client.
Mozambique regulators have added an additional three months to the initial deadline of 20 January for its Fifth Licensing Round due to high interest and requests for more time from exploration companies.
Board estimates the deal’s total value at about US$750 million. Transaction is scheduled to close within one week. West Polaris is a sixth-generation ultradeepwater drillship contracted to ExxonMobil in Angola.
The well, drilled to a total depth of 2,788 m, is located about 800 m from the MB-2 and MB-3 wells in the Mnazi Bay gas field.
Sterling Energy Mauritania Ltd. will acquire interest in Block C-10 offshore Mauritania around Chinguetti Field in 50m to 2,400m of water. A proved petroleum basin has multiple play types.
Tata Petrodyne Ltd. will farm in to Pangani and Kilosa-Kilombero licenses in Tanzania under agreement with Swala Oil and Gas (Tanzania) Plc. Seismic work revealed area highly prospective for drilling.
Under the terms of the MOU, Polarcus will provide 3-D and 4-D marine seismic acquisition and processing services with its geoscience expertise to help promote industry investment offshore Namibia, the release said.
The well is expected to produce about 7,000 barrels of oil per day following optimization of choke size.
Libya might double crude oil output to 800Mbbl/d July, Bloomberg said. Es Sider and Ras Lanuf oil ports could reopen. Mesla, Sarir, Jurf and Bouri fields produce majority of oil.
State-owned Nigerian National Petroleum Corp. (NNPC) holds an average 55% stake in five joint ventures with Royal Dutch Shell Plc, ExxonMobil Corp., Chevron Corp., Total SA and Eni SpA that pump more than 80% of the country’s crude.
Serinus said the protests are against the lack of development, investment and job creation in the area and not specifically directed at the company.
Some workers in Paloch oil fields, Upper Nile state, were evacuated under precaution on Wednesday, an oil ministry official told Bloomberg. Upper Nile is currently South Sudan’s only oil producer.
Statoil is planning a slimmed down version of its Snøhvit subsea-to-beach development in the Barents Sea to tap the 620bcm of gas it has discovered off Tanzania.
BP and RWE Dea have finalized agreements for the $12 billion West Nile Delta project, offshore Egypt, which will cover development of 140 Bcm and 55 MMbbls of condensate.
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.
The job scope includes the accommodation, anchor handling, towing and supplying of EMAS Offshore's vessels, including an accommodation barge, platform supply vessel and PSV and anchor handling tug supply vessels.
South Africa’s Central Energy Fund pushes designating PetroSA SOC Ltd. as the national oil company, Bloomberg said June 10. PetroSA should also be exploration regulator and in Department of Energy.
Strainstall will provide the chain tension monitoring system (CTMS) for Bluewater Energy Services’ FPSO vessels in the deepwater Kaombo Oil Field offshore Angola. CTMS monitors anchor loads’ weight limits.
The scope of supply for the 13-well development includes subsea production equipment, tooling and installation and commissioning services. Deliveries are scheduled to begin in 2016’s third quarter.
Beach told the market that Woodside had decided not to enter the next period of the exploration program relating to the Lake Tanganyika South production sharing agreement (LTS PSA) after farming out the block to the oil and gas major last July.