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.
The large but long-stalled $12 billion West Nile Delta subsea project in Egypt’s Mediterranean deep waters is to be fully revived.
The country is offering 15 blocks, including 11 offshore.
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.
Lukoil owns 30% in the project in West Africa. New Age Ltd. is the operator with 30%, Bowleven Plc has 20% and Societe Nationale des Hydrocarbures of Cameroon has 20%, Reuters said.
On average in Indonesia, Eni produces 17 Mboe/d. Eni currently has three rigs working offshore Libya in Area D, and currently produces about 350 Mboe/d in the country.
BP Egypt’s Atoll-1 deepwater exploration well has hit about 50 m (164 ft) of gas pay in high quality Oligocene sandstones in the North Damietta Offshore Concession in the East Nile Delta offshore Egypt, the company said in a news release March 9.
The 2-D seismic program was conducted by BGP Kenya Ltd. (BGP) and covers about 700 line km on L-1B and 325 line km on L-16.
SEPLAT Petroleum Development Co. Plc has completed the acquisition of interests in OML 53 and OML 55 onshore Nigeria.
Oil firms have criticized South Africa’s government for delaying issuing exploration licenses, especially in the Karoo Basin, which could hold up to 390 Tcf of technically recoverable reserves, Reuters said.
Amid many companies' slashed exploration budgets, Cairn Energy plans to spend US$95 million on offshore Senegal, according to Reuters.
The project will develop 5 Tcf of gas resources and 55 MMbbl of condensate.
The plunge in crude prices has curbed oil and gas explorers’ plans for drilling in Namibia next year.
First oil is expected in 2017, first gas in 2018 and the peak production will be 80,000 boe/d in 2019.
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.
Tanzania could hold 53.28 Tcf of gas, and this estimate could increase four-fold in five years. But the country’s parliament has not yet passed legislation governing the hydrocarbons industry, Reuters said.
Unclear regulations might delay the fifth licensing round of 15 onshore and offshore blocks. Mozambique’s government at least wants them controlled by an operator and the state-owned oil company, Reuters said.
Under the name Africa Energy Corp., Horn Petroleum Corp. will focus on onshore and shallow-water opportunities in Africa, initially on Sub-Saharan Africa.
The Government of Côte d’Ivoire applied for provisional measures to be ordered in Ghana’s maritime boundary dispute with Côte d’Ivoire.
Petrofac has entered into two contract agreements with Algerian state-owned Sonatrach.