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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.
Jasper Peijs, vice president of exploration in Africa for BP, shared insight on the company’s operations across the continent.
The CEO of the state-owned company says he wants to change the way the company does business and set clear objectives and implementation plans.
The partnership was formed as the oil and gas industry works to keep exploration efforts alive following spending cuts caused by lower commodity prices.
Technology and investment opportunities were among the topics discussed during the conference.
Bowleven Plc said Feb. 1 it has hit a key milestone in the appraisal drilling campaign of its Etinde asset, in which the company holds a 25% offshore interest.
Portugal’s Galp Energia said Jan. 31 it will farm-down a 40% participating interest in the Petroleum Exploration License (PEL) 82 in Namibia to an ExxonMobil subsidiary.
BP (NYSE: BP) and Kosmos Energy (NYSE: KOS) have won exploration rights to two offshore oil blocks in Sao Tome and Principe’s exclusive economic zone, the national oil agency said on Jan. 23.
Ivory Coast has awarded Tullow Oil Plc two new onshore oil blocks, a government spokesman said on Dec. 14, expanding the company’s footprint in the Gulf of Guinea.
Africa Oil Corp. said on Nov. 13 it has entered into a strategic partnership with Eco Atlantic Oil & Gas Ltd. for exploration in West Africa and Guyana.
Atwood said one of its subsidiaries agreed to a one-well contract with Kosmos for operations offshore Northwest Africa. The day rate was not disclosed.
The Pacific Bora, a sixth-generational double-hulled drillship, is currently in Nigeria. It should be mobilized to the Oyo Field and on site in June, and can be used for drilling and well completion, the press release said.
VAALCO Energy, Inc. announced that it has executed an agreement with Transocean Ltd. regarding the remaining contract term associated with the Constellation II rig.
Kaombo is a development at Block 32 about 260 km offshore Angola; there are six fields that will be tied back to two converted FPSOs in water up to 2,000 m.
The 340-m long production vessel, named after late Ghanaian president Prof John Evans Atta Mills, was converted in Singapore from a very large crude carrier (VLCC) super-tanker and is expected to set sail this weekend to Ghana, where it is scheduled to gradually ramp up production from the TEN deepwater oilfield from July/August this year, the company’s COO Paul McDade said on Jan. 21.
Tanzania’s national oil company TPDC ordered Swala Oil and Gas on Jan. 19 to delay its acquisition of up to 40% in PAE PanAfrican Energy Corp. pending a more detailed assessment of the deal.
Ivory Coast awarded Tullow Oil Plc two new oil and gas blocks on Jan. 17, including one along the maritime boundary with Ghana, government spokesman Bruno Kone said.
When completed, the deal will give Swala part ownership of PAE’s Tanzanian subsidiary, which holds E&P rights for natural gas in the Songo Songo Block, in partnership with the Tanzania Petroleum Development Corp.
PENGASSAN, whose members are mostly managers in the upstream oil industry, began industrial action Dec. 18 over layoffs made by a Nigerian oil and gas company.
Kosmos Energy Ltd. (NYSE: KOS) said on Dec. 12 that it would plug its Lamantin-1 exploration well offshore Mauritania after it failed to find significant amount of oil and gas.
Mozambican President Filipe Nyusi has sacked four ministers, including those with the foreign affairs and energy portfolios, his office said on Dec. 12, without giving a reason.
A Nigerian militant group, whose attacks on energy facilities in the Niger Delta in 2016 helped push Africa’s biggest economy into recession, said on Nov. 3 it had ended its ceasefire.
An engineer at the field and a statement from protesters had said Nov. 1 that protesters had shut down 40,000 barrels per day from the fields.
The NOC gave no reason for the protest in Zawiya, which began on Aug. 6, forcing oil workers to gradually reduce production from Sharara which is located in Libya's south west.
Members of an oil prospecting team were kidnapped in the northeast’s restive Lake Chad Basin region on July 25, prompting a rescue bid that left at least 37 dead including members of the team, rescuers from the military and vigilantes, officials say.
Nigeria’s lower house of parliament has passed a version of the bill which is the same as one approved by the Senate last year. This is the first time both houses have approved the same version of the bill. It still needs the president's signature to become law.
Libya’s National Oil Corp. (NOC) said on Jan. 3 it was investigating the near collision of an unidentified plane with a helicopter carrying staff from a sea platform.
The case involves the 2011 purchase by Eni and Shell of Nigeria’s OPL-245 offshore oil field—one of Africa’s most valuable oil blocks—for about $1.3 billion.
The sprawling bill, which has been discussed for more than 10 years following several redrafts and covering issues that included the state oil company’s breakup and taxation, seeks to address problems that have beset the OPEC member for decades. Oil sales provide 70% of government revenue in Africa’s biggest economy.
Ghana and Ivory Coast set up a body Oct. 17 to implement an international tribunal ruling on their dispute over a border running through multibillion dollar offshore oil fields, they said in a statement.