Offshore Africa News - page 8

GMS Secures Work for Two Self Propelled Jack-ups

Sep 29, 2022

GMS, a UAE-based owner of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Thursday it had secured a new contract.The company said Thursday that the contract was at improved rates…

Saipem Nets 1B Euros Worth of Contracts in Ivory Coast

Sep 28, 2022

Italian oilfield services giant Saipem has won two new contracts in Ivory Coast worth around one billion euros in total.The contracts have been assigned by ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development…

Greater Tortue Ahmeyim FPSO Returned to Quayside after Drifting Off Due to Typhoon

Sep 27, 2022

Oil and gas company Kosmos Energy said Tuesday that the FPSO for the Greater Tortue Ahmeyim project had been returned to the quayside  of the COSCO shipyard in China, following the recent incident in which the vessel drifted away due to the impact of Typhoon Muifa…

Equatorial Guinea Approves VAALCO's Development Plan for Venus Discovery

Sep 26, 2022

VAALCO Energy said Monday that the Government of Equatorial Guinea has approved the Venus - Block P Plan of Development (“POD”). VAALCO has an 80% participation interest in the project and is the operator. Upon the execution of final documents…

Zenith Bids for Benin's Largest Oilfield

Sep 23, 2022

Zenith Energy has made an offer to the Republic of Benin operate Block 1 containing the 'largest and most prospective oilfield in the country'. The shallow water block in the Gulf of Guinea contains the Sèmè oilfield, which was discovered in 1968 and produced for 14 years…

McDermott Bags Significant Contract with TotalEnergies Offshore Angola

Sep 20, 2022

Offshore engineering and construction firm McDermott International said Tuesday that it secured a 'significant' contract with TotalEnergies EP Angola Block 17/06.  McDermott defines a significant contract as between USD $250 million and $500 million…

CNOOC Hires Stena Drillship for Two Gabon Offshore Wells

Sep 16, 2022

Offshore drilling firm Stena Drilling has secured a drilling contract with China's CNOOC for its drillship Stena IceMax in Gabon.The contract is with CNOOC's subsidiary CNOOC Africa Holding Ltd. (CNOOC).According to Stena Drilling, the two-well program is scheduled for Q1 2023…

US Climate Envoy Kerry Cautions Against Long-term Gas Projects in Africa

Sep 16, 2022

U.S. climate envoy John Kerry cautioned against investing in long-term gas projects in Africa as countries in the region, some hoping to tap recent oil and gas discoveries, wrestle with how to power their development with clean energy.'We are not saying no gas…

TotalEnergies' Gas Fields Could Generate $450M a year for S.Africa

Sep 16, 2022

TotalEnergies 11B/12B offshore gas field could make a direct annual contribution of at least 8 billion rand ($457 million) to South African government finances, the country's petroleum regulator said on Thursday.'That is not just the overall…

Tullow Oil Sticks to Capricorn Merger Plans, $200M Cashflow Guidance

Sep 14, 2022

Africa-focused Tullow Oil said on Wednesday it would stick to the current form of its plan all-share merger plan with Capricorn Energy CNE.L, shrugging off criticism from some Capricorn investors who say the deal undervalues the company.Capricorn's board supports the merger…

Brief Contract Extension for BW Offshore's FPSO in Gabon

Sep 13, 2022

FPSO-leasing specialist BW Offshore has secured a short-term contract extension for its Petroleo Nautipa FPSO.The contract will see production extended from September 20 to October 4, 2022, ahead of demobilization. The spread-moored FPSO has…

Tullow Oil to Delist from Euronext Dublin Bourse

Sep 13, 2022

Africa-focused Tullow Oil said on Monday it would exit Ireland's Euronext Dublin bourse on or around Oct. 10 to cut costs.'It is anticipated the delisting will simplify compliance and regulatory obligations of Tullow and is in line with an overall objective to reduce central costs and its purpose…

Exmar Pens LNG Carrier Deal with Eni. Closes Tango FLNG Sale

Sep 12, 2022

Belgian shipowner Exmar said on Friday it had signed a 10-year charter deal for the liquefied natural gas (LNG) vessel Excalibur with Eni as the Belgian shipowner closes the sale of its Tango LNG barge to the Italian energy group.The squeeze on oil and gas imports from Russia…

Adamantine awarded blocks in Seychelles

Sep 09, 2022

Adamantine Energy Seychelles, a wholly owned subsidiary of Adamantine Energy, has announced the signing of a Petroleum Agreement (PA) to formally acquire a 100% operated stake in two blocks offshore the Seychelles. The blocks are the Beau Vallon and Junon blocks…

Pipeline Agreement for Chariot's Anchois

Sep 08, 2022

Africa-focused oil and gas company Chariot it has signed a pipeline tie-in agreement that takes it a step forward in unlocking its Anchois gas project offshore Morocco. The agreement was signed with the Office National des Hydrocarbures et des…

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