Offshore Africa News - page 78


ExxonMobil Adds Acreage Offshore Namibia

Apr 24, 2019

ExxonMobil has grown its footprint in the deep waters offshore Namibia, adding approximately 28,000 square kilometers of exploration acreage in in the frontier region, the supermajor said on Wednesday.ExxonMobil said it signed an agreement with…

Sonangol Plans to Downsize

Apr 22, 2019

Angola's state oil company Sonangol plans to divest 52 joint ventures, reduce staff and focus on its core business, part of an ongoing reorganization and package of reforms designed to lure back investors, its chairman said on Friday.'We are going to sell…

Sudan Coup Puts Oil Plans in Disarray

Apr 18, 2019

The collapse of the regime of former Sudanese President Omar al-Bashir is likely to jolt the country's oil sector and could leave in disarray earlier approved plans to open up the country's offshore blocks in the Red Sea basin for exploration…

Algeria: From Political Turmoil Comes Opportunity

Apr 11, 2019

The ongoing political turmoil in Algeria threatens to delay even further the planned offshore oil and gas exploration projects that the country is betting on to reverse the declining oil and gas output especially from maturing onshore fields…

CGG Completes 2D Survey Offshore Gabon

Apr 10, 2019

French-based geophysical services company CGG said it has completed acquisition of 9,800 km long-offset broadband 2D multi-client seismic survey in the highly prospective Gabon South Basin.Fast-track data sets will be delivered in batches from the end of April…

Eni Slander Probe Could Prompt Management Changes

Apr 05, 2019

Italy's Eni has carried out internal audits in a slander case relating in part to a Nigeria corruption scandal, and a source with knowledge of the matter said the review could prompt some management changes at the oil major.Eni and its Anglo…

Harvey Gulf Branches Out Internationally

Apr 04, 2019

Since committing to go global in September 2018, US based Harvey Gulf said on Thursday it has been awarded contracts in Mexico, Trinidad, Guyana and Suriname.The company noted it also has bids for work in Mozambique, Angola, Senegal, Israel…

Expectations High off Equatorial Guinea

Apr 04, 2019

Equatorial Guinea, one of Africa's top natural gas producers, is struggling with the reality of dwindling oil and gas resources and the hurdle of attracting financing for the monetization of the current output from its offshore fields.The country…

FPSO Allan to Get Anchoring Upgrade

Apr 04, 2019

The Yinson floating production, storage and offloading unit (FPSO) Allan will receive an anchoring system upgrade prior to deployment at the Anyala and Madu fields within leases 83 and 85 offshore Nigeria later this year.Norwegian FPSO systems…

Chariot Awarded Licence Offshore Morocco

Apr 03, 2019

UK based independent Chariot Oil & Gas announced Wednesday it has been awarded a 75% interest and operatorship of the Lixus license offshore Morocco. The country's Office National des Hydrocarbures et des Mines (ONHYM) will hold the remaining 25% stake…

Total's Kaombo Sul FPSO Starts Production

Apr 02, 2019

Total announced Tuesday it has started producing from Kaombo Sul, the second floating production, storage and offloading (FPSO) unit of the Kaombo project, located on Block 32, 260 kilometers off the coast of Angola's capital Luanda, in water depths ranging from 1…

New Pipeline Coming Offshore Equatorial Guinea

Apr 01, 2019

Noble Energy and partners will build a pipeline linking Equatorial Guinea's offshore gas fields to an onshore liquefied natural gas (LNG) plant to boost exports, the African nation's government said on Monday.Under a deal with the government…

MHI Turbine Win Starts Rovuma LNG Surge

Apr 01, 2019

A 10-year build-up of supermajor, offshore-heavyweight and expert onshore hydrocarbon players in Tanzania and Mozambique’s Rovuma Basin is starting to produce a trickle of large supplier orders that’s expected to become a torrent, as liquefied natural gas (LNG) trains line up…

Orinduik Partners to Drill 2nd Well Off Guyana

Mar 29, 2019

Partners Tullow Oil, Total and Eco Atlantic have chosen the Joe prospect for a second well in their much-watched Orinduik oil and gas field off Guyana's coast, Eco said on Friday.Eco earlier this month increased the estimate for the field to about 3…

Aker Energy Submits $4.4 Bln Ghana Plan

Mar 28, 2019

Norwegian oil company Aker Energy said on Thursday it has submitted to Ghana a $4.4 billion plan for developing the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana.The block's Pecan field, located about 115 kilometers off the West African country in ultra-deep waters ranging from 2…

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