Seven remaining wells are expected to be online at Libya's Bahr Essalam offshore gas field by the end of the year, the Libyan National Oil Corporation (NOC) said in a statement on Sunday.The statement came after a meeting between NOC Chairman Mustafa Sanalla and Eni CEO Claudio Descalzi…
Brazil's Petroleo Brasileiro SA will sell its 50 percent stake in a Nigerian oil and gas exploration venture to a consortium led by top oil trader Vitol for $1.53 billion, the latest step in the state-controlled oil company's debt reduction drive…
An optimistic London-based independent exploration and production company Panoro Energy ASA is getting ready to commence an ambitious hydrocarbons search program in its newly found Tunisian market barely three months after it acquired DNO Tunisia Exploration AS…
Offshore geophysical firm Polarcus Limited said Thursday it has received an award for a 3D marine seismic acquisition project in West Africa.The award comprises two surveys of approximately three months each, with the first survey expected to commence Q2 2019 and the second survey Q4 2019.
Ghana's liquefied natural gas (LNG) import project is finally under construction, years after its original inception, with two vessels contracted to store and regasify the fuel by the second quarter of 2020, a project partner said on Wednesday…
UK-based Tullow Oil aims to ramp up its oil production in Ghana to 180,000 barrels per day by the end of the year, following successful drilling of additional wells, its Ghana head Kweku Awotwi said on Tuesday.Tullow is confident of sustaining peak production from its two oilfields in Ghana…
Offshore ultra-deepwater drilling company Pacific Drilling announced that its deepwater drillship the Pacific Bora has been awarded a contract by Nigerian Agip Exploration Limited (a subsidiary of Eni SpA) for drilling operations in Nigeria…
North Africa-focused oil company SDX Energy has terminated talks for a potential acquisition of assets in Egypt from the oil giant BP.A press release from SDX announced that further to the announcement made on September 20, 2018, discussions…
Italian oil and gas major Eni has signed in Maputo the contract for the exclusive exploration and development rights of the offshore block A5-A, in the deep waters of the Northern Zambezi Basin, approximately 1,500 km to the north east of the capital Maputo…
The Atlantic margins focused oil and gas exploration company Chariot Oil & Gas Limited has announced the result of the well on the Central Blocks license, offshore Namibia (Chariot 65% (Operator), Azinam 20%, NAMCOR 10% and Ignitus 5%).The well has been safely drilled to a total MD of 4…
Liberia, the fastest growing major open registry in both shipping and offshore, has established its Offshore and Gas Technology Department, renewing the Registry’s focus in these sectors.According to an official statement, this department strengthens…
Royal Dutch Shell expects a landmark corruption trial over a Nigerian oil deal to last many months, warning staff of continued critical media coverage in the $1.3 billion case, according to an internal memo seen by Reuters.Shell's Legal Director…
Angola, Africa's second largest crude producer, could partially list state oil company Sonangol, a spokesman for the ministry of mineral resources and oil said on Thursday.This follows comments by Mineral Resources and Oil Minister Diamantino Azevedo…
Azinam, financially backed by private equity firm Seacrest Capital, will plug and abandon its Prospect S well in Petroleum Licence (PEL) 71 offshore Namibia, it said on Thursday.'The anticipated stacked target reservoirs were penetrated and the well encountered wet gas shows…
Subsea 7 S.A. announced the award of a contract by Tullow Ghana Limited on the Jubilee field, offshore Ghana, in water depths of up to 1000 meters.According to a press release from the London-headquartered subsea engineering company, the engineering…
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