Offshore Africa News - page 153


Lekoil to raise US$100m for Ogo-1 drilling

Nov 01, 2013

Africa-focused Lekoil is to raise US$100 million funding through a placing with Mirabaud Securities LLP for drilling offshore Nigeria. The cash will be used to complete drilling and testing on the Ogo-1 well and Ogo-1 side track; the future development of the OML113 licence offshore Nigeria…

Pura Vida enters Madagascar

Nov 01, 2013

Australia’s Pura Vida has agreed a farm-in deal giving it a 50% stake in the Ambilobe area office Madagascar, east Africa. The firm has also finalized a farm-out deal offshore Morocco.  Pura Vida will take a 50% stake in the Ambilobe block…

US$1.23bn TEN contracts awarded

Oct 31, 2013

Tullow Ghana Limited has awarded two contracts for work on the TEN project worth about US$1.23 billion.  The contracts will be shared between Technip and Subsea 7, who are working as part of a consortium on the project. The TEN project is in the Deepwater Tano contract area…

Cobalt in Angola Pre-salt hits

Oct 30, 2013

Cobalt International Energy has made two discoveries at its Lontra #1 and Mavinga #1 deepwater Pre-salt exploratory wells offshore Angola. On Block 20, the Lontra #1 well confirmed an oil and gas discovery. Further evaluation, including a drill stem test…

Cairn signs Cap Boujdour farm-out

Oct 28, 2013

Cairn Energy PLC entered into a farm-in agreement with Kosmos Energy and the Moroccan National Oil Company (ONHYM) for a 20% working interest (WI) in an exploration block offshore North West Africa that covers the Cap Boujdour Contract Area…

Ocean Valiant arrives in Las Palmas

Oct 23, 2013

Fairmount Marine’s tug Fairmount Summit has delivered the semisubmersible rig Ocean Valiant safely in the port of Las Palmas, Canary Islands. Fairmount Summit towed the rig from offshore Cameroon over a distance of almost 3000 miles. The…

Subsea 7 crew performs "Africa"

Oct 21, 2013

It's not all about work when you're out at sea. Subsea 7's crew onboard the Bourbon Peridot multipurpose supply vessel collaborated for this fun rendition of the song 'Africa' by Toto while in Equatorial Guinea off West Africa. The video clip…

3D EM contract agreed offshore Angola

Oct 21, 2013

EMGS has signed a contract worth US$8 million with Maersk Oil Angola to carry out 3D electromagnetic data acquisition. It is expected the project will start this month, following mobilisation of the EM Leader vessel. “We are excited…

GMC wins Moho Nord TLP job

Oct 18, 2013

GMC Inc. has been awarded a contract to deliver its high strength fatigue resistant mechanical connector product as part of Total’s Republic of Congo Moho Nord TLP project.   GMC will supply more than 100 sets of its concentric thread…

GMC wins Moho Nord work

Oct 17, 2013

Houston-based GMC Inc. has been awarded a contract to deliver its high strength fatigue resistant mechanical connector product as part of Total’s Republic of Congo Moho Nord TLP project.  GMC will supply over a hundred sets of its concentric thread…

FMC wins TEN order

Oct 15, 2013

FMC Technologies, Inc. received an order from Tullow Ghana Ltd to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN) offshore Ghana. The order has an estimated value of US$340 million in revenue. FMC Technologies' scope of supply includes subsea trees…

BP picks up acreage off Morocco

Oct 15, 2013

Kosmos Energy has entered into three farm-out agreements with BP plc covering three blocks in the Agadir Basin, offshore Morocco. Under the agreement, BP will pick up 30% non-operating interest in Essaouira, 26.325% in Foum Assaka, and 45% in Tarhazoute…

Asset integrity – a global perspective

Oct 11, 2013

Atkins’ Ramsay Fraser looks at offshore asset integrity assessment techniques and how acceptance criteria depend on geographic region. Evaluation of the integrity of an offshore structure is one of the four key functions of an integrity…

Corporate foreign policy

Oct 10, 2013

Developing economies continue to be a core feature of global exploration efforts. Dr Peter Davis looks at managing political, societal and ethical risks in such regions. As Dick Cheney once observed, “the good Lord didn’t see fit to put…

Contract Briefs: October 2013

Oct 10, 2013

Subsea 7 on Cardona Subsea 7 was awarded a contract worth more than US$70 million by Stone Energy for Cardona field in the US GOM. Scope includes engineering, procurement, installation, and flowlines commissioning, risers, pipeline structures…

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