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Seismic is not always a standalone tool in stratigraphic traps.
Uganda’s government is pushing to join “middle income” status, but success hinges on tapping into the crude oil in its Lake Albert Basin.
The company seeks to become the fifth largest NOC in the world by 2030, but can it be?
The company is intensifying efforts to deploy technologies at brownfields and greenfields in an effort to raise stagnant oil and gas production, according to its CEO.
Pascal Houangni Ambouroue, the Gabonese minister of petroleum, spoke to Hart Energy about the country’s focus on encouraging investment in Gabon’s unexplored offshore reserves.
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.
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.
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.
BP CEO Bob Dudley hailed the deal with Italy's Eni as an important step "towards returning to our work in Libya."
Savannah Petroleum Plc announced the results of the Zomo-1 exploration well as an oil discovery, the company said on Oct. 5.
Africa-focused Tullow Oil will abandon its first well in Namibia, but data gathered in the project indicated it might strike lucky in another attempt, the company said Sept. 24.
North African-focused oil and gas company SDX Energy on Sept. 20 confirmed that it was in discussions with BP to buy a package of assets in Egypt.
Oil majors Shell and Eni will be carefully monitoring a first ruling this week by a Milan judge in one of the energy industry’s biggest corruption scandals for clues to what might be round the corner for them.
Algeria’s state-owned oil and gas company Sonatrach will launch offshore drilling with France’s Total (NYSE: TOT) and Italy’s Eni (NYSE: E) on two sites in the east and west of Algeria at the start of 2019, its CEO said on Oct. 7.
Aker Solutions has been awarded a five-year agreement to supply brownfield modifications, maintenance and operations support for BP’s Greater Plutonio and PSVM fields offshore Angola, the company said on Oct. 4.
Production from deepwater projects is expected to reach 500,000 barrels of oil equivalent per day (boe/d) by 2020, contributing to its 6% to 7% output growth target per year from 2017 to 2020.
Maersk Drilling has signed a contract with Aker Energy for Maersk Viking, an ultradeepwater drillship, to drill the Pecan-4A appraisal well offshore Ghana, the company said Sept. 25.
BW Offshore said Sept. 17 that it has produced first oil from the BW Adolo FPSO, 18 months after the initial investment was made in the Dussafu license offshore Gabon.
Golar LNG said on March 12 it had started production at its floating LNG (FLNG) platform in Cameroon, the world's second working example of the nascent technology and a milestone likely to boost its Fortuna project in Equatorial Guinea.
By tying the subsea wells to shore via a subsea gathering system, capable of handling about 57 MMcm/d (2 Bcf/d) of gas, Anadarko and partners will help put Mozambique on the map as a global LNG supplier.
Nigeria has moved closer to turning an oil industry bill into law after a 17-year struggle to complete the legislation that aims to increase transparency and stimulate growth in the country’s oil industry.
The project will initially develop the Tortue discovery; however, there are several other smaller discoveries and more than a dozen prospects nearby that could add upside to this Atlantic Margin presalt play.
The ship is scheduled for integration of its six topsides at Tarkwa Bay in Lagos, Nigeria. Failing to reach an agreement with the NPA would reduce Nigerian content in the project and erode confidence about its viability.
TGS announced on Sept. 13 Jaan, a fully harmonized 3-D multi-client project in the southern portion of the MSGBC Basin from northern Senegal, through The Gambia and the AGC zone, into Guinea-Bissau down to the Guinea transform fault.
Azinam Ltd. has acquired a 40% operating interest in Block 3B/4B and a 51% operating interest in Nearshore Block 3B/4B in the Orange Basin, offshore South Africa, with Ricocure Pty Ltd. on Sept. 11, retaining 60% and 49% in the blocks respectively.
The government said last week it expects to hit peak oil output of 350,000 barrels per day (bbl/d) by mid-2019 as production ramps up at oil fields that were offline due to the violence.
The move is part of crackdown by the African country to enforce local content laws that have been in place since 2014 and which has already grounded CHC Helicopter.
The deal was signed in Beijing on the margins of the ongoing China-Africa forum on cooperation, which is being attended by Uganda’s President Yoweri Museveni.