Angola News

 

Total contracts Ocean Rig drillship

Jun 05, 2014

Ocean Rig UDW Inc., a subsidiary of Athens-based DryShips Inc., announced that it signed a six-year contract with Total E&P Angola for drilling operations in Block 32 offshore Angola, using the ultra-deepwater drillship  Ocean Rig Skyros…

BP extends Odfjell Angola contract

May 20, 2014

Odfjell Drilling and BP Angola have agreed a deal securing further work for Odfjell Drilling's sixth generation ultra-deepwater and harsh environment semisubmersible Deepsea Stavanger (pictured) on Block 18 in Angola. The contract is…

Sapura nets $454m of contracts

May 16, 2014

SapuraKencana Petroleum Berhad's drilling division, SapuraKencana Drilling, has won a new contract and three contract extensions, worth a total of US$454 million, from new and existing clients in West Africa (Congo and Angola), Brunei…

Statoil exits Angola block

May 12, 2014

Statoil announced plans to divest its interest in the ENI-operated block 15/06 offshore Angola for US$200 million. The transaction, which will be effective 1 January 2013, means concessionaire Sonangol EP will pick up Statoil's 5% participating interest…

$16bn Kaombo project go-ahead

Apr 14, 2014

Total and its partners are to move ahead with the 650MM bbl, deepwater Kaombo project offshore Angola after cutting US$4 billion from the capex costs on the project. Kaombo will develop six of 12 discoveries made in Block 32, covering 800sq km…

Statoil farms down in Angolan pre-salt

Apr 03, 2014

Statoil has signed an agreement to farm down a 15% interest in WRG Angola Block 39 Ltd. offshore Angola in the Kwanza pre-salt basin. WRG is a 50/50 joint venture comprising White Rose Energy Ventures and Genel Energy plc. Statoil is operator of the block…

Total offloads Angola block

Feb 04, 2014

Total is to sell its 15% interest in the offshore Angola Block 15/06 to Sonangol E&P for about $US750 million. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus…

Bumi Armada supplies Interoil PSVs

Jan 23, 2014

Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad’s wholly-owned subsidiaries, Armada Offshore OSV Ltd. and Bumi Armada Ltd. received letters of award (LOA) from Interoil Angola Limitada, a leading player…

PSVM production underway

Jan 16, 2014

Production commenced offshore Angola’s first deepwater development, utilizing BP Exploration’s (Angola) US$14 billion FPSO PSVM, the largest deepwater project in Africa. PSVM consists of four oilfields - Plutão, Saturno, Vénus and Marte…

Fugro awarded 3-year survey contract by Total E&P Angola

Aug 28, 2013

Fugro has been awarded a large, three-year survey contract by Total E&P Angola, with an estimated value of US$26 million, to support its development programs offshore Angola. The contract includes the provision of offshore positioning services…

Sinopec buys into BP's PSVM

Jun 26, 2013

Marathon Oil has agreed to sell its 10% working interest in Block 31, off Angola to China Petrochemical Corp. (Sinopec) for US $1.5 billion.. The companies anticipate closing 4Q 2013, with an effective date of January 1, 2013. The transaction will bring Sinopec’s stake in Block 31 to 15%…

Chevron Confirms First Cargo from Angola LNG

Jun 18, 2013

Chevron Corporation’s subsidiary Cabinda Gulf Oil Co. Ltd. today confirmed that initial production of liquefied natural gas (LNG) has commenced at the Angola LNG project. Angola LNG is one of the largest energy projects on the African continent…

Technip expands PSVM role

Feb 21, 2013

Technip picks up new 5-year PSVM Angola dealNew contract follows completion of Technip's previous 5-year pact for engineering services on the Greater Plutonio FPSO. (Image: BP)BP Angola awarded Technip a 5-year contract for engineering…

GE forms Angola subsea JV

Jan 28, 2013

GE and GLS create Angolan manufacturing pact GE Oil & Gas CEO Dan Heintzelman speaks at the 2013 Annual Meeting in Florence, Italy.GE Oil & Gas has formed a new joint venture with Angola's GLS Holdings SA that will supply subsea equipment to the country's oil and gas industry…

Technip wins GirRI EPIC

Nov 19, 2012

Girassol FPSOTechnip has won an EPIC contract for the second phase of Total E&P Angola's Girassol Resoucres Iniatives (GirRI) project, the company announced on 13 November 2012.Technip will provide project management, engineering, fabrication…

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