Offshore Africa News - page 3

Petronas Charters Maersk Drillship for Ultra-Deepwater Well in Gabon

Apr 16, 2021

Petronas' Gabon subsidiary PC Gabon Upstream has chartered Maersk Drilling's deepwater drillship for one exploration well in Gabon.Maersk Drilling will supply the 2013-built Maersk Viking drilling rig which PC Gabon Upstream will use to drill an ultra-deepwater exploration well at approximately 2…

FAR Postpones Vote on Sangomar Sale as Shareholders Study Remus Offer

Apr 15, 2021

Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161…

Total Delays Offshore Drilling Plans in South Africa

Apr 14, 2021

French oil major Total has decided to postpone its application for additional drilling in a South African offshore gas block, a letter seen by Reuters from the consultancy conducting the environmental and social assessment showed.The delay is…

Remus Horizons Moves to Take Over FAR, Enter Senegal Offshore Block

Apr 14, 2021

Private investment fund Remus Horizons has launched a conditional takeover offer for the Australian oil company FAR, which owns a stake in the RSSD offshore area in Senegal, containing the Sangomar offshore oil development.FAR has recently agreed to sell its stake in the Sangomar to Woodside…

ADM, Eunisell Exploring Barracuda Field Development Options

Apr 12, 2021

Oil and gas investment company ADM Energy which in March agreed to invest in the development of the Barracuda oil field in OML 141,  an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria, has signed a…

Vaalco Energy Names New CEO

Apr 12, 2021

Africa-focused oil company Vaalco Energy has named George Maxwell as Chief Executive Officer effective April 12, 2021. Cary Bounds who has served as Chief Executive Officer since 2016 will leave Vaalco to pursue other interests.Maxwell, who…

ION Selected for 3D Multi-client Seismic Survey Programs offshore Kenya

Apr 09, 2021

Marine seismic data company ION Geophysical has said it has secured an exclusive agreement for 3D multi-client programs offshore Kenya, an underexplored province that has yet to produce its first offshore oil. The agreement includes both 3D…

Maersk Drilling Confirms $370M+ Drillship Contract in Ghana

Apr 08, 2021

Danish offshore drilling company Maersk Drilling on Thursday confirmed a long-term contract with Tullow Oil for its Maersk Venturer drillship off Ghana.The firm contract following the previously agreed conditional letter of award, and includes…

LOC to Provide Marine Warranty Services for Petrobel's Offshore Activities

Apr 08, 2021

Egyptian oil and gas company Petrobel, a joint venture between EGPC and Eni, has awarded a two-year contract to marine engineering consultancy LOC for the provision of marine warranty services to support Petrobel’s offshore assets.LOC, part of AqualisBraemar LOC Group…

Eni Finds Oil Offshore Angola. First Production Expected within Six Months

Apr 06, 2021

Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. Eni said Tuesday that the well was drilled on the Cuica exploration prospect located inside the Cabaça Development Area and close to the Armada Olombendo FPSO (East Hub)…

Qatar Petroleum Farms Into Shell's Deepwater Blocks Offshore Namibia

Apr 06, 2021

Qatar Petroleum has signed a deal with oil major Shell to become a partner in two exploration blocks offshore Namibia.Under the deal, for which financial details were not disclosed, Qatar Petroleum will hold a 45% participating interest in the…

Tullow Starts Multi-well Drilling Program Offshore Ghana

Apr 06, 2021

Oil and gas company Tullow Oil on Tuesday said it was starting a multi-year, multi-well drilling campaign offshore Ghana.The campaign started with the start of drilling of the first well at the Jubilee offshore field on Monday.Maersk Drilling's…

Sangomar FPSO Construction Starts in China

Apr 05, 2021

The conversion of a VLCC into an FPSO bound for Woodside's Sangomar project in Senegal has recently kicked off in China, the Australian oil firm said in a recent report.The 323 meters-long very large crude carrier (VLCC) Astipal in February arrived in China…

Mozambique: Ferry Carrying Survivors from Deadly Militant Attack on Gas Town Arrives in Pemba

Apr 01, 2021

A boat carrying more than 1,000 survivors of a highly organized, deadly attack by Islamic State-linked insurgents in northern Mozambique arrived in the port of Pemba on Thursday, a Reuters reporter and a diplomatic source said.Aid workers were…

Lukoil Pulls Out of Sangomar Race as it Decides Not to File Takeover Bid for FAR

Apr 01, 2021

Russian oil company Lukoil has decided not to launch a binding takeover offer for Australian oil firm FAR, which owns a share in the Sangomar field offshore Senegal.FAR had in February received a conditional non-binding indicative proposal from Lukoil to acquire the shares of FAR at 2…

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