- Free Downloads
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.
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 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 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.
Eni (NYSE: E) said Aug. 14 that a new concession agreement, aimed at governing an offshore exploration license in the prolific East Nile Delta Basin of the Mediterranean Sea, has received approval by Egyptian authorities.
Savannah Petroleum’s subsidiary Savannah Niger has signed a legally binding memorandum of understanding (MOU) with the Republic of Niger, the company said on Aug. 8.
A London judge had ordered Tullow this month to pay rig owner Seadrill about $254 million, saying Tullow was wrong to end the contract on the grounds of force majeure over a maritime border dispute in West Africa.
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.
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.
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.
Shortly after launching a new project in Angola, French oil major Total said it was searching for more resources in Africa, including in Senegal and Mauritania.
Ghana’s President Nana Akufo-Addo replaced his sacked energy minister on Aug. 9 in a reshuffle that still maintained the West African country's high number of ministers—110 in total.
Protesters demanding more security in Turkana began blocking trucks carrying oil from Tullow’s fields in July.
Government spokesman Iyad Dahmani said the sacked were accused of allowing a Tunisian investor to explore the Halk Manzel oil field—one of the country’s most important sites—without having to go through a licensing round.
Press reports said Agyarko was removed because Akufo-Addo was unhappy with his handling of an agreement to extend an existing five-year deal with United Arab Emirates-based AMERI Energy to operate a 300MW emergency power plant.
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.
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.
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 creation of a National Agency of Petroleum and Gas to manage and sell oil blocks reduces the near total grip state energy firm Sonangol has over the sector.
Cabinet spokeswoman Ana Comoana said the companies could now go ahead with mining operations to tap offshore oil reserves that experts say are enough to supply energy to Britain, France, Germany and Italy for over 20 years.
The facility that was targeted on July 14 is called Station 186 and was also attacked last year.
A London judge ordered Tullow to pay Seadrill around $254 million saying Tullow was wrong to end a rig contract in Ghana on grounds of force majeure over a maritime dispute.