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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 is intensifying efforts to deploy technologies at brownfields and greenfields in an effort to raise stagnant oil and gas production, according to its CEO.
Sonatrach and its foreign partners started production from several gas projects during the last few months.
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.
Egypt’s oil minister Tariq al-Mulla said the country will set some conditions before approving Israeli gas imports.
Enhanced completions onshore and subsea tiebacks offshore are contributing to production gains, but low commodity prices are taking away profit potential.
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.
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.
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.
Tullow owns 60% and Eco Atlantic Oil and Gas 40% in Orinduik. Total (NYSE: TOT) has an option to buy 25% from Eco.
Egypt’s cabinet approved the $105 million deal to explore the North Sinai region of the Mediterranean Sea in March.
Subsea 7 SA on Oct. 10 announced the award of a contract by Tullow Ghana Ltd. on the Jubilee field, offshore Ghana, in water depths of up to 1000 m (3,280 ft).
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.
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.
TEN, with reserve estimates of 240 million barrels (MMbbl) of oil and associated gas of 60 MMbbl, produces about 56,000 barrels, external affairs director Cynthia Lumor told reporters in Accra.
Royal Dutch Shell and its partners will decide next year on whether to go ahead with the development of Nigeria’s Bonga Southwest offshore oil field, a senior company official said July 31.