West Africa
News
October 21, 2019
Over the past 12 years, Nigeria tried and failed four times to crank up its aging and unprofitable crude-processing plants.
News
October 17, 2019
Nigeria does not expect that it would get all of the $62 billion claim made against international oil companies in a dispute over sharing of profits from deepwater wells.
News
October 15, 2019
The deal highlights how the retreat of some oil majors in recent years is allowing independent players to grow.
News
October 14, 2019
Nigeria began preliminary talks with international oil companies to settle a dispute over revenue. The government, citing a 2018 Supreme Court ruling, says it’s entitled to $62 billion from the companies after they failed to comply with a 1993 law that hands the state a greater share of income when oil exceeds $20/bbl.
News
October 10, 2019
Nigeria is seeking to recover as much as $62 billion from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.
News
October 04, 2019
“Everybody agrees in OPEC that we need to stabilize the market. We cannot allow prices just to plummet,” Nigerian Minister of State for Petroleum Resources Timipre Sylva said.
News
September 24, 2019
Through the use of Discovery, Tracerco’s Subsea CT scanner, each operator will obtain full tomographic images of pipe wall thickness and contents to gain an enhanced understanding of their pipeline condition and the process fluid.
News
September 19, 2019
TGS has has fired first shot to commence a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up.
News
September 17, 2019
The funds will go toward building the gas plant’s seventh train, expected to boost output by 40%.
News
September 13, 2019
Since the launch of its strategy to revive global oil markets three years ago, one of the biggest challenges faced by OPEC and its allies is that not all the producers have pulled their weight.
News
September 12, 2019
ION Geophysical announced a new 2D multi-client program offshore West Africa. The industry-supported NamibeSPAN program covers the underexplored Namibe basin offshore southern Angola.
News
September 03, 2019
Airborne Oil & Gas has been awarded a large contract from a supermajor through Oceaneering International to supply Thermoplastic Composite Pipe (TCP) flowlines for deployment in West Africa.
News
August 30, 2019
Nigeria can easily boost its oil production next year to at least 2.5 MMbpd, according to the newly appointed head of the state oil company.
News
August 27, 2019
The find amounts to about 1 Tcf gas and 60 MMbbl of associated condensate in the deep drilled sequences. The discovery has further potential that will be assessed with the next appraisal campaign.
News
August 26, 2019
A Nigerian high court ordered the government to renew Shell Petroleum Development Co.’s operating license for the Oil Mineral Lease 11 field, which was withdrawn earlier this year, Lagos-based Punch newspaper reported.
News
August 12, 2019
Woodside Energy Senegal awarded Halliburton nine conditional contracts for drilling and completion services for SNE Field Development Phase 1 offshore Senegal.
News
August 07, 2019
PJ Valves, the specialist manufacturer and supplier of valves for the global energy industry, has been awarded three significant FPSO valve contracts for projects in Brazil, Mexico and Nigeria.
News
July 30, 2019
Senegal won’t change already-awarded natural gas contracts despite calls from the country’s political opposition to rework deals in the wake of corruption allegations, according to a government adviser.
News
July 26, 2019
Nigeria, Africa’s biggest oil producer, could attract more U.S. investment if the oil and gas sector becomes less opaque and a fuel-price peg is removed, according to a U.S. official.
News
July 24, 2019
Total will develop and operate the regasification infrastructure that will comprise a floating storage and re-gasification unit (FSRU) located offshore Benin and an offshore pipeline connection to existing and planned power plants in Maria Gléta.
News
July 24, 2019
Tullow Oil reduced its 2019 production forecast for the second time in three months as technical glitches in Ghana continued to cast a shadow.
