The tides are changing in many countries, which are ramping up their political policies to provide international operators the consistency and transparency needed to invest in the region. Heather Saucier reports. Noble Energy has distributed approx…
African Petroleum, an independent oil and gas exploration company, is seeking strategic partners on its ten licenses in Côte d’Ivoire, Liberia, Senegal, The Gambia and Sierra Leone in order to share risk and potential reward of their exploration program…
VAALCO Energy appointed Cary Bounds as the new chief operating officer starting 6 July 2015. Houston resident, Bounds is a petroleum engineer and has almost 25 years of domestic and international asset management, business development…
Logan Industries, based in Hempstead, Texas, will supply a compensated coiled tubing lift frame (CCTLF) to Maersk Drilling, which provides drilling services to oil companies around the world. The CCTLF system will be designed and built in…
Guyana's president, David Granger, says he has assured ExxonMobil that exploration work at the company's recent oil discovery off the Guyana coast will not be interrupted, despite Venezuela’s recent revival of a century-old claim on 66% of Guyana’s territory…
UK-based Expro Group has been awarded new contracts from Tullow Oil worth more than US$100 million over three years. The contracts will see Expro work across Tullow Oil’s assets in Ghana, including the Jubilee field and the Tweneboa-Enyenra-Ntomme (TEN) field project (see map)…
Aveon Offshore has successfully completed fabrication, supported testing and load-out of subsea equipment for Esso's Erha North Phase 2 project offshore Nigeria. The load out and sail away of the five suction piles, production and…
The crash in oil prices has led to a dramatic decline in the number and value of awards for floating production and storage offloading (FPSO) units. There have only been three contracts awarded this year; a conversion for the Sankofa-Gye Nyame development in Ghana…
Production commenced from Houston-based Erin Energy’s Oyo-7 well offshore Nigeria, with the expectations to double the company’s current production rate out of the Oyo field. The Armada Perdana…
Zamakona Yards’ Repnaval shipyard has increased its capacity by operating an additional slipway. Repnaval Shipyard. From Repnaval. Repnaval is located in Las Palmas de Gran Canaria…
Douglas-Westwood (DW) forecast in their new World Offshore Accommodation Market Forecast that, during the period 2015 to 2020, demand for offshore accommodation vessels will average almost 42,000 personnel on board (PoB) per year, which represents…
Malaysia-based Bumi Armada Berhad awarded ABB a contract to supply electrical and automation systems for a floating production, storage and offloading (FPSO) vessel for a recently discovered oilfield off the coast of Angola. Bumi is reconfiguring the former Armada Ali supertanker…
Afren’s Group Finance Director Darra Comyn (pictured) has resigned, effective this summer, the company announced on 12 June. The London-based, Africa-focused, explorer will now begin a search for a new CFO. Afren said Comyn will stay…
Tullow and Pancontinental Oil & Gas subsidiaries entered into an agreement to amend the farm-out agreement for exploration license 0037 (EL 0037) which covers 17,295sq km (4.2 million acres) in water depths extending to 1800m in the Walvis basin offshore northern Namibia…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…