Offshore Africa News

Short-term Extension for Abo FPSO in Nigeria

Mar 31, 2023

BW Offshore has signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A.In January 2023, the contract for Abo FPSO, used for production from the Abo field offshore Nigeria, was extended until the end of March 2023…

Asso.subsea Partners with GAP Consortium for crucial Greece-Egypt Interconnection

Mar 28, 2023

The GAP Consortium and Asso.subsea have signed a Memorandum of Understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece and Egypt (Greece-Africa Power Interconnector – GAP).The GAP, founded by the Eunice Energy Group…

China Energy Plans 1000 MW Floating Solar Plant in Zimbabwe

Mar 28, 2023

China Energy Engineering Corp. (China Energy) has proposed the construction of a 1,000-megawatt floating solar plant on Zimbabwe's Kariba dam at a cost of nearly $1 billion, documents showed on Monday.The southern African country is currently generating less than half of its 1…

Partners Apply for Environmental Permit for Offshore Drilling in South Africa

Mar 24, 2023

Oil and gas company Eco Atlantic said this week it was, with its partners Africa Oil and Ricocure, applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa…

Partners Press Ahead with Development of Venus Discovery Offshore Equatorial Guinea

Mar 21, 2023

Atlas Petroleum International Limited said Tuesday it would, with its partners VAALCO, and GEPetrol, proceed with the development of the Venus discovery in Block P, Equatorial Guinea.This positive result follows the 8 March 2023 Plan of Development…

Equatorial Guinea, Cameroon Sign Oil & Gas Collaboration Deal

Mar 20, 2023

Teodoro Obiang Nguema Mbasogo, President of the Republic of  Equatorial Guinea, and  Paul Biya, President of the Republic of  Cameroon, have signed a bilateral treaty to see the two West African countries cooperate on cross-border oil and gas development and monetization…

Lukoil-backed Congo Project to Start Producing LNG in December

Mar 20, 2023

A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative would produce around 600…

Lukoil-Eni Congo Offshore License Bid Moves Forward

Mar 20, 2023

A joint bid between Lukoil and Eni for the rights to two of Congo's offshore energy blocks has moved forward, but has not yet completed, Interfax reported on Friday, citing a Lukoil executive and correcting previous agency reports that the contract had already been awarded…

Golar LNG Buys NFE's Stake in FLNG Hilli

Mar 15, 2023

Golar LNG has acquired New Fortress Energy's (NFE) stake in FLNG Hilli - also known as Hilli Episeyo. 'In return for NFE’s 50% Common Unit holding in Golar Hilli LLC, Golar has transferred its remaining 4.1 million NFE shares to NFE, paid NFE $100 million in cash…

Energean's NEA/NI Offshore Gas Project in Egypt Now Online

Mar 09, 2023

Oil and gas company Energean said Thursday that the first gas had been delivered at North El Amriya and North Idku ('NEA/NI'), in the Mediterranean Sea, offshore Egypt. Energean sanctioned the project in January 2021, representing a development…

'Strong Dayrate' for Dolphin Drilling's Rig in Nigeria

Mar 09, 2023

Offshore drilling firm Dolphin Drilling said Thursday it had secured a new contract for Blackford Dolphin with Peak Petroleum in Nigeria.The contract with Peak Petroleum will extend the rig's stay in Nigeria and is in direct continuation of…

Chariot Makes Progress with Anchois Gas Project Offshore Morocco as FEED Complete

Mar 08, 2023

Africa-focused oil and gas company Chariot said Wednesday it had completed the Front-End Engineering and Design ('FEED') on the key components of its flagship Anchois gas development project ('Anchois'), offshore Morocco. The Anchois gas field is located within the Lixus Offshore license area…

Tullow Keeps 2023 Outlook for Lower Cash Flow, Shares Dip

Mar 08, 2023

Tullow Oil on Wednesday kept its forecasts for steady output and lower cash flow for this year, sending its shares lower, even as it reported higher free cash flows for 2022. The company plans to invest $400 million this year, mainly on its flagship fields in Ghana…

Tanzania, Equinor, and Shell Complete Negotiations for $30B LNG Terminal

Mar 07, 2023

Negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Norway's Equinor and Britain's Shell are complete and contract preparations are underway, Tanzania's energy ministry said.The development…

Current News

Short-term Extension for Abo FPSO in Nigeria

Karoon Brings Another Production Well Online at Patola field, Offshore Brazil

Brazil: Atlanta Field Daily Output Reaches 22,000 bbl/d, Enauta Says

New Service Operation Vessel Arrives at Seagreen Wind Farm Base in Scotland

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