West Africa
News
February 04, 2021
Maersk Drilling has received a conditional letter of award from Tullow Ghana Ltd. for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana.
News
February 01, 2021
OPEC boosted crude production as planned last month, but the increase was tempered by disruptions at long-troubled member nations.
News
January 08, 2021
The Grand Tortue Ahmeyim gas field development, straddling the offshore waters of Mauritania and Senegal, is expected to produce its first gas in 2023 following delays related to the coronavirus pandemic, according to Senegal’s Oil Minister Sophie Gladima.
News
October 21, 2020
The explorer has been waiting since 2017 to close its divestment in the Lake Albert Development Project, an effort repeatedly stymied by tax disagreements.
News
October 02, 2020
Chevron’s Nigeria unit said it plans to cut 25% of its workforce to become more efficient and reduce operating costs, the latest sign demand for global oil is wobbling under coronavirus and new restrictions to contain it.
News
September 23, 2020
Nigeria LNG (NLNG) selected Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its Bonny Island plant. The solution will play a key role in providing additional BOG handling capability and spares for the existing system.
News
July 27, 2020
The 2,212 sq. km blocks are located on the deepwater shelf of the Republic of Senegal, and include the Sangomar and FAN fields .According to the Lukoil's estimates, the recoverable hydrocarbon reserves of the Sangomar field total approximately 500 MMboe.
News
June 30, 2020
Oceaneering International’s Asset Integrity group has secured a three-year contract with Cabinda Gulf Oil Company Limited (CABGOC), a Chevron subsidiary. Oceaneering will provide inspection services onshore Cabinda, Angola, and offshore Angola on Blocks 0 and 14. The contract is scheduled to begin in Q2 2020.
News
June 30, 2020
Saudi Arabia, de facto leader of the OPEC cartel, held a call with fellow member Nigeria as the organization strives to deliver production cuts aimed at bolstering global crude markets.
News
June 11, 2020
The move provides the company with a new workshop, storage yard, training facilities, and office to deliver its International Organization for Standardization (ISO) certified services in-country. This includes a broad range of turnkey engineering, equipment maintenance and training services.
News
June 05, 2020
Nigeria said it reaffirms its commitment to the OPEC+ deal struck on Saturday and “subscribes to the concept of compensation” from members pumping above their quota.
News
June 05, 2020
Aker Energy Ghana Limited reaffirmed its commitment to finding a solution that will allow for the commencement of a phased development of the Pecan field offshore Ghana.
News
June 01, 2020
OPEC’s delivery of its latest oil-production cutbacks, while strong overall, was undermined by its habitual laggards.
News
May 27, 2020
The global slump in crude prices is giving Ghana a chance to rethink its dependence on a sector that was its key driver of economic growth in recent years.
News
May 22, 2020
The ruling is a victory for the oil companies, which have been clouded by accusations in a years-old dispute over exploration rights to a tract in the Gulf of Guinea called Oil Prospecting License 245 that has spread to courtrooms throughout Europe.
News
May 18, 2020
The disposal of the projects in Algeria and Ghana was supposed to raise about $5 billion for Occidental, which is on the hook for larger debt repayments beginning next year resulting from its Anadarko acquisition.
News
May 06, 2020
From Nigeria to Venezuela and Iraq, petrostates are facing the same challenge -- maintaining their economies while their prized commodity is worth a much less than it was, and where private companies often still want their cut.
News
April 23, 2020
Tullow Oil concluded a years-long process to sell its Uganda assets to Total SA, the first step in an asset-sale program that’s crucial to reducing its debt. The shares jumped the most on record.
News
April 09, 2020
AeonX Limited (Nigeria) has signed a partnership agreement with WFS to promote and deliver the full range of state-of-the-art Seatooth products for asset integrity and flow assurance monitoring to existing and new clients in Nigeria.
News
April 07, 2020
In line with its strategy of actively managing its asset portfolio and its objective to divest $5 billion in assets in 2019-2020, Total is pursuing the divestments of several non-core assets in both Exploration-Production and Marketing & Services. These divestments represent a global value of more than $400 million.
News
April 03, 2020
TDI-Brooks International, under contract to TGS, has completed its offshore “seep-hunting” surface geochemical analysis and geotechnical campaign of the MSGBC Basin, from Northern Senegal through The Gambia and AGC zone, into Guinea-Bissau down to the Guinea transform fault.
