Offshore Africa News - page 3

Aker Solutions Wins "Sizeable" Order from BP-Eni JV for Offshore Angola Project

Aug 03, 2023

Norway's Aker Solutions has won a 'sizeable' contract from Azule Energy, a BP-Eni JV in Angola, to provide subsea umbilicals for the Ndungu project offshore Angola.Aker Solutions defines a sizeable contract as between NOK 0.5 billion (currently around $48…

TechnipFMC to Supply Flexible Pipe for Ndungu Project, Offshore Angola

Aug 03, 2023

Oilfield services and equipment provider TechnipFMC said Wednesday it had received a significant award from Azule Energy to supply flexible pipe for its Ndungu project, offshore Angola.For TechnipFMC, a “significant” award is between $75 million and $250 million…

Two Week Contract Extension for FPSO in Nigeria

Aug 01, 2023

FPSO leasing company BW Offshore has signed a short-term extension for its Abo FPSO.The extension was signed with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil firm Eni, and runs until August 14, 2023.BW Offshore has been in talks to divest the FPSO…

Valaris to Reactivate Drillship for $364M West Africa Contract

Jul 31, 2023

Offshore drilling firm Valaris said Monday it had secured a 12-well contract offshore West Africa for drillship VALARIS DS-7. Valaris will reactivate the drillship for this contract. The contract, with an undisclosed client, is expected to start…

Italy's Saipem Sees Progress Towards Resuming Mozambique LNG Pproject

Jul 27, 2023

Italian energy services group Saipem on Thursday said efforts to restart a multi-billion-euro LNG project in Mozambique for TotalEnergies were underway but refrained from giving a precise timeline.The project, which would be the first onshore development of a LNG plant in the African country…

Egypt Denies Giant Zohr Offshore Gas Field Facing Problems

Jul 25, 2023

Egypt denied reports its giant Zohr gas field was facing technical problems, in a statement on Monday, instead highlighting investments to boost its production. Total investment in the offshore gas field has reached $12 billion and is expected to hit $15 billion in three years…

Africa-focused Oil and Gas Firm Unaware of Reasons Behind Share Price Spike

Jul 21, 2023

Africa-focused oil and gas company BowLeven said Friday that it had noted the recent movement in its share price and confirmed that it is unaware of any particular reason for the sudden increase.BowLeven's share price had reached 2.33 British Pence a share…

Hibiscus/Ruche Phase 1 Development on Track: BW Energy's Third Well Brought Online

Jul 20, 2023

Oslo-listed oil and gas company BW Energy has started production from the third well of the Hibiscus / Ruche Phase 1 development in the Dussafu license offshore Gabon.'Well performance is in line with expectations, with current production at approximately 6…

Capricorn Energy's $50M Payment Hangs in the Balance as Senegal Offshore Project Start-up Delayed

Jul 19, 2023

UK-based oil and gas exploration and production company Capricorn Energy is keeping its fingers crossed that Woodside's Sangomar offshore oil project in Senegal will produce the first oil by June 30, 2024.In December 2020, Scotland-based Capricorn Energy…

Africa-Focused Afentra Boosts Portfolio with Offshore Angola Deal

Jul 19, 2023

Africa-focused oil and gas company oil and gas company Afentra has agreed to buy stakes in two offshore blocks in Angola from Azule Energy Angola Production, an Angolan JV company formed in 2022 by Eni and BP.Afentra will acquire a 12% interest in Block 3/05 and a 16% interest in Block 3/05A…

Woodside Revises Sangomar Start Date

Jul 17, 2023

Woodside has performed a cost and schedule review of the Sangomar Field Development Phase 1 offshore Senegal following the identification of remedial work required on the floating production storage and offloading (FPSO) facility.First oil is now targeted for mid-2024…

Ghana: Tullow Oil's Jubilee Offshore Field Hits 100,000 Barrels per Day Mark

Jul 17, 2023

Oil company Tullow said Monday that production from its Jubilee oil field offshore Ghana had surpassed 100,000 barrels of oil per day, following the recent start-up of the Jubilee South East (JSE) Project.'Gross production from the field has surpassed 100…

First Oil Flows from Jubilee South East Project Offshore Ghana

Jul 14, 2023

Oil and gas company Tullow said Friday that production had started from the Jubilee South East (JSE) Project, offshore Ghana.The first JSE production well has been brought onstream and a further two producers and one water injector are expected…

Brent Oil Hovers above $81 after Supply Disruptions

Jul 14, 2023

Global benchmark Brent crude hovered above $81 a barrel on Friday, with bullish sentiment over U.S. demand bolstered by supply disruption in Libya and Nigeria.Both the Brent and U.S. West Texas Intermediate (WTI) contracts had risen for three straight sessions and in early Asian trade on Friday…

Africa Oil Corp. Expands Interest in Block 3B/4B Offshore South Africa. Plans Underway for Two-well Drilling Campaign

Jul 11, 2023

Africa Oil Corp. has entered an agreement to increase its operated working interest (“WI”) in Block 3B/4B, located in the Orange Basin offshore South Africa and, the company says, on trend with the Venus, Graff, La Rona and Jonker oil discoveries in the nearby Namibia…

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