BP and the Area 4 concession partners, Eni East Africa (EEA), Galp Energia (Galp), Kogas and Empresa Nactional de Hidrocarbonetos (ENH), entered into a sales and purchase agreement for BP to purchase 100% of the liquefied natural gas (LNG)…
Seadrill Partners received a notice of force majeure from Tullow Ghana for the West Leo drilling contract effective 3 October 2016 that the company is disputing. Seadrill said it will move to enforce all its rights as per the contract and governing law…
Wreckage from the Chevron helicopter crash has been found, along with one of the missing persons from the deadly accident that occurred last week. Image from iStock. According to Chevron subsidiary Cabinda Gulf Oil Co…
BP and Egypt’s minister of petroleum signed three amendments for concessions offshore Egypt, that will allow for the economic development of its giant Nooros project. Image from BP. The…
A helicopter carrying six people destined for a Chevron platform offshore Angola has crashed, leaving four people dead and two missing. Image from iStock. Cabinda Gulf Oil Co…
Total E&P Congo, through Petro Services, awarded Farstad Shipping an 18-month contract for the subsea/construction support vessel Far Sleipner to support their subsea development activity in Congo. The contract will begin during Q4 2016.…
Hyperdynamics Corp. received an updated exploration risk assessment of its top two drilling prospects offshore Guinea, that materially increases the probability of exploration success for both. The improved risk assessment follows the…
Hyperdynamics Corp. says it is set to target Guinea's 'vast and largely untested hydrocarbon potential' after having its production sharing contract (PSC) offshore Guinea extended. The company is obligated to drill one exploratory well with a projected commencement date of April 2017…
The Baltim South West field offshore Egypt has the potential to hold 1 Tcf of gas in place, according to Eni. Image from Eni. The Italian giant, along with 50:50 partner BP, upgraded…
Houston independent Hyperdynamics Corp.’s wholly owned subsidiary, SCS Corp. (SCS), and the government of the Republic of Guinea have entered into a one-year extension for a production sharing contract (PSC) offshore Guinea. The deal marks a second amendment to the 2006 PSC…
Houston’s Vaalco Energy has run into more trouble offshore Gabon, with electrical submersible pumps (ESP) continuing to fail, leaving a well shut-in. Map from Vaalco. Vaalco has experienced several issues with ESPs in recent months…
Pura Vida is searching for farm out opportunites with industry partners for the commercialization of the Loba complex offshore Gabon that has an 81% chance of commercial success, according to the company. Funding the forward work program for the Nkembe block…
Eni’s Nooros field offshore Egypt reached a new record in 13 months of 128,000 boe/d, with plans to drill more wells in the area. Image from Eni. The Italian giant confirmed production at Nooros reached 700 MMcf/d…
Petrel and its partners have met for discussions with Ghanaian officials, with negotiations now underway for a possible award of deepwater Tano basin acreage, as well as replacement acreage for the company’s signed petroleum agreement on Tano 2A Block…
FMC Technologies has won a second award for its new subsea multiphase boosting system, this time with Italian giant Eni for its Block 15/06 West Hub Development, off the coast of Angola. The N'Goma…