Offshore Africa News

 

West Africa Must Grasp Opportunity of Europe's Shift from Russian Gas

Jun 23, 2022

Europe's move away from Russian gas provides a ready and lucrative market for a vast project being developed in West Africa, Mauritania's oil minister said on Thursday.As Russia has reduced gas supplies to Europe and Europe seeks to limit its dependence on Russian gas, Africa has an opportunity to fill the gap, but it needs to act now before a longer-term shift to low carbon energy limits the West's appetite for fossil fuel…

BP Secures Rights to Offshore Block in Egypt

Jun 29, 2022

British oil major BP has won the rights to an exploration block in the Mediterranean Sea, offshore Egypt.Accoridng to a press statement sent to Offshore Engineer by BP, the company won the rights to the The King Mariout Offshore area, located…

ION Geophysical Wraps 3D Seismic Project in Mauritania

Jun 24, 2022

ION Geophysical has completed the reprocessing and reimaging of approximately 19,100 km² of 3D seismic data offshore West Africa for its Mauritania 3D reprocessing program. The multi-client program was undertaken through an exclusive agreement with the Ministry of Petroleum…

Nigerian Senate to Investigate Shell over Alleged Illegal Oil Lease Renewals

Jun 23, 2022

Nigeria's Senate said on Wednesday it will investigate oil company Shell Plc over alleged illegal extensions of oil exploration leases and is seeking a refund of $200 million which it said accrued over the period.The upper house of parliament…

Egypt's EGAS, Chevron to Explore New East Med Offshore Gas Deal

Jun 22, 2022

Egypt's state-owned gas company and U.S.-based Chevron Corp on Monday signed a preliminary agreement to explore sending natural gas from offshore Mediterranean fields to Egypt for processing and export.The memorandum of understanding signed…

Eni's Giant Oil Find Offshore Ivory Coast Wins Discovery of the Year Award

Jun 22, 2022

Italian oil and gas firm Eni's giant oil find offshore Ivory Coast last year won the 'discovery of the year' award, and Eni also secured the title of the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s annual Exploration Survey…

Havfram Bags Senegalese Mooring Pre-Lay Contract from MODEC

Jun 21, 2022

Offshore services company Havfram announced it has been awarded a contract from MODEC Offshore Production Systems (Singapore) Pte Ltd. (MODEC) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) in 2022…

First Hydrocarbons Introduced into Coral South FLNG Offshore Mozambique

Jun 18, 2022

Italian oil and gas company Eni said Saturday that the first hydrocarbons had been introduced  from the Coral South reservoir offshore Mozambique into the Coral South FLNG unit.Eni operates the offshore Area 4 where the Coral South FLNG is located…

Bourbon Extends Support for Construction at BP's GTA Hub

Jun 14, 2022

Bourbon Mobility said it has been tapped to provide additional support Saipem for the construction of the liquefied natural gas (LNG) terminal on BP’s Greater Tortue Ahmeyim field off the coast of Mauritania and Senegal, with the chartering of two vessels…

West Africa Market Harbors Positive Potential for MODU Operators

Jun 14, 2022

The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI).Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices…

TotalEnergies Books Vantage Drilling Drillship

Jun 10, 2022

Offshore oil and gas drilling company Vantage Drilling International has entered into a drilling services contract with the oil major TotalEnergies in respect of its ultra-deepwater drillship, the Tungsten Explorer. The contract is for a minimum…

Perenco to Take Over New Age's Stake in Etinde Permit, Offshore Cameroon

Jun 07, 2022

Oil and gas company New Age the operator of the Etinde license offshore Cameroon has signed a definitive conditional agreement to transfer all of New Age's participating interests in the Etinde permit, and operatorship of the Etinde JV. This is according to Bowleven…

Report: Impact Oil & Gas Eyeing Sale of Stake in Namibian Offshore Block Containing Venus-1X Discovery

Jun 06, 2022

Impact Oil & Gas is considering selling its 20% stake in a large block in deep water off the coast of Namibia where TotalEnergies made a significant oil discovery this year, four industry sources told Reuters.Impact, which is privately owned and focused on exploration in Africa…

VAALCO Energy Makes Offshore Discovery in Gabon

Jun 06, 2022

VAALCO Energy on Monday announced the successful drilling of the South Tchibala 1HB-ST well, offshore Gabon. The well was drilled from the Avouma platform in the Etame field, offshore Gabon.  The company said it had discovered significant columns of multiple hydrocarbon-bearing sands in the Dentale…

Tullow Oil to Buy Capricorn Energy in Deal Valued $826.7M

Jun 01, 2022

Tullow Oil will acquire Capricorn Energy in an all-stock deal worth 656.9 million pounds ($826.7 million), keeping a focus on African reserves amid soaring energy prices.Investors in Capricorn, formerly known as Cairn Energy, will receive 3…

Current News

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Teekay Sells Sevan Hummingbird FPSO to Ping Petroleum

Norway Greenlights Increased Gas Production at Several Offshore Fields

Norway Greenlights Increased Gas Production at Several Offshore Fields

Equinor Adds Another Well to Odfjell Drilling's Semi-sub Rig Scope

Equinor Adds Another Well to Odfjell Drilling's Semi-sub Rig Scope

Pemex, New Fortress Energy Ink Deal on $1.5B Offshore Gas project

Pemex, New Fortress Energy Ink Deal on $1.5B Offshore Gas project

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