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Seismic is not always a standalone tool in stratigraphic traps.
South Sudan has 3.5 Bbbl of oil and 3 Tcf of natural gas in proven reserves, and it is seen by companies as one of the last frontiers in energy exploration in sub-Saharan Africa.
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.
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.
Medco said shareholders of Ophir, an upstream oil and gas exploration and production company focused on Asia and Africa, would receive 48.5 pence in cash for each Ophir share.
Ophir Energy Plc said Jan. 7 it expects to report a non-cash write down of $300 million in its full-year results after being denied the extension of a block license which houses a LNG project in Equatorial Guinea.
Sound Energy on Jan. 7 provided an update on the company’s TE-10 exploration well following the identification of gas bearing sands within and below the currently mapped TAGI structural closure, which potentially materially de-risks the stratigraphic upside in North East Lakbir in the company’s Greater Tendrara license area.
The applications include expressions of interest in competitive bidding for three blocks in the Western Basin and for direct negotiations regarding another two blocks offshore Ghana.
The Nigerian government filed a $1.1 billion lawsuit against Shell and Eni in a commercial court in London on Dec. 13 in relation to a 2011 oilfield deal involving block OPL 245.
The West African country is expecting output from the Egina oil field to reach 150,000 bbl/d by the end of the month, which could boost total production, according to the country's petroleum minister.
Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) Block, announced Jan. 10 that it is about to complete a successful drilling operation of the Pecan-4A appraisal well offshore Ghana.
Total SA (NYSE: TOT) said on Jan. 3 it had started production from the Egina oil field off Nigeria’s coast, part of a shift by the French energy firm towards deepwater oil and gas projects to its drive cashflow.
The Tortue floating LNG facility will produce 2.5 million tonnes of LNG per year. The field holds total gas resources estimated at around 15 trillion cubic feet.
The three firms currently each hold a 33.3% stake in the fields, and Tullow is now selling 21.5% of its stake, which will be split equally between Total and CNOCC.
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 work includes the installation of a second 30-in, diameter gas export pipeline, infield clad lines, umbilicals and electrical/fiber optic cable as well as EPCI work for the 10-well, deepwater field development, Saipem said in the release.
A spokesman for a group of tribesmen, who took over the 315,000-barrel-per-day (bbl/d) field with state guards on Dec 8, said the government had agreed to implement their demands within a week from Dec 22.
Sonangol EP and ExxonMobil Corp. (NYSE: XOM) on Dec. 14 signed a memorandum of understanding defining the intention of signing the risks with service contracts , for Blocks 30, 44 and 45 of the Namibe Basin.
Woodside and Cairn Energy awarded FEED contracts for Senegal’s first oil project, a key step before a final investment decision expected in mid-2019, Woodside said on Dec. 17.
The NOC on Dec. 10 declared force majeure on exports from the 315,000-barrels-per-day (bbl/d) oil field located in the south of the country. The field was seized during the weekend by a local militia group.