Offshore Africa News - page 108


2017: Exploration hot spots

Dec 21, 2017

Senegal and Mauritania are set for a raft of activity as two major projects move towards putting both countries on the deepwater map, while Cyprus waits in the wings. Elaine Maslin reports. (First published in the December 2017 OE.) Rokhaya Diallo Gunning…

Eni expands offshore Morocco footprint

Dec 20, 2017

Eni reported today (20 December) it has signed a Petroleum Agreement (PA) with the Moroccan State Company ONHYM to enter into the Tarfaya Offshore Shallow exploration permits I-XII in the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya…

TGS, SLB team up for Red Sea seismic

Dec 20, 2017

Work is expected to start mid-December on TGS and Schlumberger’s new 2D seismic project offshore Egypt. The project will comprise acquisition of a 10,000 km 2D long-offset broadband multiclient seismic survey. Advanced new acquisition and…

Year in review: 2017's Top 10 discoveries

Dec 19, 2017

Audrey Leon looks at some of 2017's 10 largest offshore discoveries. First published in the December 2017 OE. While exploration hasn’t been as hot as it used to be, the finds this year have been big and plentiful. Wood Mackenzie has provided the year’s 10 biggest finds by volume…

Exxon picks up Area 4 stake from Eni

Dec 13, 2017

Texas-based supermajor ExxonMobil has completed the acquisition of a 25% interest in Mozambique’s gas-rich Area 4 block from Italian explorer Eni and will assume responsibility for midstream operations, the company announced today (13 December)…

Lamantin disappoints for Kosmos, Mauritania

Dec 12, 2017

Kosmos Energy's Lamantin-1 exploration well on Block C-12 offshore Mauritania has disappointed.  The well, drilled in 2200m water depth and to a total depth of 5150m, hit a water bearing reservoir with residual hydrocarbons. It is thought…

ExxonMobil assessing Equatorial Guinea well

Dec 11, 2017

ExxonMobil is assessing commerciality of the Avestruz-1 well, which struck oil in Block EG-06 offshore Equatorial Guinea, the nation's Ministry of Mines, Industry and Energy said today (11 December). Drilled in October by the West Polaris drillship in around 3400ft (1050m) of water…

Spectrum starts Mozambique seismic survey

Dec 08, 2017

Norwegian geoscience frim Spectrum has started a 2D seismic survey offshore Mozambique, in partnership with WesternGeco, for the country's Institute of National Petroleum (INP) ahead of future licensing rounds. The seismic survey will cover up to 19…

Erin spuds Oyo Northwest

Dec 06, 2017

Erin Energy has spud the Oyo Northwest (NW) well offshore Nigeria, the company announced today 6 December. Oyo-NW is a high-impact exploration well being drilled with the Pacific Bora, a sixth-generation drilling rig at offshore Nigeria block 120…

African Petroleum extends Sierra Leone UDW licenses

Dec 06, 2017

West Africa focused African Petroleum has inked an agreement with Sierra Leone's Petroleum Directorate to enter a second extension periods on ultra-deepwater licenses SL-03 and SL-4A-10.  The work programs for both licenses, in 3000-3600m water depth and containing the Leo and Vega prospects…

Inpex granted 20 year Congo extension

Dec 06, 2017

Inpex and partners Muanda International Oil Company (MIOC) and Chevron have been given a 20-year extension for a concession agreement on a block offshore Congo. The agreement, with the government of the Democratic Republic of the Congo…

Total, Sonangol move Zinia 2 forward

Dec 04, 2017

Total and Sonangol have reached an agreement for the second phase of development of the offshore Zinia field, paving the way for a final investment decision for the project. Pazflor FPSO. Photo from Sofec…

Pancon awarded second offshore Namibia block

Dec 04, 2017

Pancontinental Oil & Gas has signed a petroleum agreement (PA) for its second block offshore Namibia. Under the agreement, the firm has committed to a four-year exploration program. Pancontinental also will become project operator with 75% interest in Block 2713 in the Orange Basin…

ExxonMobil acquires Mauritania stake

Dec 04, 2017

ExxonMobil will explore three deepwater blocks offshore Mauritania after signing production sharing contracts for them with the government of Mauritania. The company has acquired interests in Blocks C22, C17 and C14, which encompass almost 8…

Hess completes Equatorial Guinea sale to Kosmos

Nov 29, 2017

Hess Corp. has completed the sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for US$650 million. Hess’ exit from Equatorial Guinea comes after nearly two decades of operations at the Ceiba field and Okume complex…

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