News
September 15, 2023
The Technical Services Agreement covers the development of Block 2/5, and will involve the development of engineering wells and end-to-end technological complimentary services.
News
September 13, 2023
Weeks before the overthrow of the president, Tullow gained approval to extend some of its licenses to 2046. It conducted a cashless asset swap earlier in the year with Perenco SA’s Gabon unit.
News
September 11, 2023
State-owned Nile Petroleum Corp. “is still a small entity” and requires funding to reach the capability of companies such as China National Petroleum Corp. and Petroliam Nasional Bhd., from which it had planned to take over licenses as it expands operations, South Sudan’s National Economic Conference said in a summary of recommendations.
News
September 08, 2023
The first contract is a Subsea Umbilicals, Risers and Flowlines contract for the development of the Baleine Phase 2 project, located offshore Côte d’Ivoire at a 1,200 m water depth. The second contract is for the construction of the facilities for the new Floating Storage and Regasification Unit to be located in the Adriatic Sea offshore Ravenna, Italy.
News
September 07, 2023
From unplanned outages to maintenance activities, a plethora of events and circumstances contributed to a slight decrease in Africa's oil and condensate production during this period.
News
September 04, 2023
Eni announced the signing of an agreement with Oando PLC - Nigeria’s indigenous energy solutions provider - for the sale of Nigerian Agip Oil Company Ltd, a wholly Eni-owned subsidiary focusing on onshore oil and gas exploration and production in Nigeria.
News
September 04, 2023
Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project offshore Angola. The company has also been awarded a contract for work on a jumper installation project in the Stabroek block offshore Guyana.
News
September 01, 2023
The block is located just 170 km from the coastline and boasts a total of 12 discoveries and remaining exploration potential in an area with existing infrastructure from Block 31 PSVM.
News
August 29, 2023
Borr Drilling Limited announced that its premium jack-up rigs, Prospector 5 and Natt, have received a Letter of Award for work in West Africa, in direct continuation of their current contracts.
News
August 28, 2023
Baleine currently stands as the largest hydrocarbon discovery in the Ivorian sedimentary basin. The fast time-to-market was made possible through Eni's phased development approach characteristic of recent projects.
News
August 24, 2023
PGS was awarded a 3D exploration acquisition contract offshore Africa. A Ramform Titan Class vessel is expected to mobilize for the survey in the fourth quarter, and the program has a total duration of 4-5 months.
News
August 18, 2023
TotalEnergies SE and Shell Plc are appraising recent oil finds that could hold an estimated 7 Bboe, according to consultant Wood Mackenzie. Activity offshore the country has accounted for 13% of rigs working in African waters, bolstering its status as an exploration hot spot.
News
August 11, 2023
"It is wrong for Western environmental lobbies to interfere with Africans’ chance to build a better future with their oil and gas resources — just as the environmentalists' home countries have," writes NJ Ayuk of the African Energy Chamber.
News
August 09, 2023
The license extensions increase the value of Tullow’s resource base through the addition of 5 MMbbl net 2P reserves that will deliver 100% 2P reserves replacement in Gabon this year.
News
August 02, 2023
The Ndungu project will tie into Block 15/06 West Hub, where TechnipFMC was recently awarded a substantial flexible pipe contract. Through this extension, the company was able to provide an optimized solution that enables Azule to maintain schedule and achieve efficiencies.
News
July 31, 2023
Sale talks have resumed with ND Western in recent weeks and significant progress has been made, but there’s no certainty a transaction will be agreed or could proceed, people familiar with the matter said.
News
July 27, 2023
The Uganda oil project envisions drilling over 450 wells on 35 well-pads, leading to an estimated production of 230,000 bopd at its peak once production commences. Production from the multiple fields, including Kingfisher, Jobi Rii, Ngiri, Kasamene-Wahrindi, Gunya, Nsoga and Kigogole, will contribute to this substantial output.
News
July 27, 2023
By driving widespread exploration and production throughout our continent, Africa Oil Corp. has been opening the door for African countries to overcome energy poverty and maximize the value of their petroleum resources.
News
July 25, 2023
In April, Angola produced 1.06 MMbpd of crude oil, while Nigeria and Algeria both produced 0.999 MMbpd.
News
July 20, 2023
The DHIBM-5H well was drilled as a horizontal well from the BW MaBoMo production facility to a total depth of 4,245 meters into Gamba sandstone reservoir at the Hibiscus field. Following completion, the Borr Norve jack-up has commenced drilling operations on the fourth production well (DHIBM-6H).
News
July 17, 2023
The initial three-year, multi-million dollar contract will see Petrofac’s Asset Solutions business providing integrated services for the Espoir Ivoirien Floating Production Storage and Offloading (FPSO) vessel.
