South Africa News


Total acquires ultra-deep Namibia, South Africa stakes

Oct 23, 2017

French oil giant Total has agreed a farm-in deal with UK based independent Impact Oil and Gas, which will see it take major stakes in deepwater blocks offshore Namibia and South Africa.  Total has acquired 70% of Impact’s interests in Block 2913B…

Statoil picks up two South Africa licenses

Sep 07, 2017

Statoil has signed agreements with two companies that will see the Norwegian giant farm into licenses offshore South Africa, and gaining operatorship in one. Map from Statoil. Statoil…

Aker BP signs Deepsea Stavanger deal

Aug 10, 2017

Aker BP has signed a US$68 million deal with Odfjell Drilling for use of the Deepsea Stavanger at various locations in the Norwegian Sea and the Barents Sea. Deepsea Stavanger. Image from Odfjell…

Odfjell inks Total South Africa work

Jul 05, 2017

Deepsea Stavanger. Image from Odfjell. Total E&P South Africa has awarded Odfjell Drilling a one well plus one optional well to be drilled by the sixth generation semisubmersible…

Odfjell awarded South Africa work

Mar 01, 2017

Odfjell Drilling has signed a conditional letter of award with an oil major for a one well contract to be drilled by the sixth generation semisubmersible, Deepsea Stavanger, offshore South Africa. The contract commencement is back to…

Impact funds Namibia seismic

Dec 20, 2016

Africa-focused independent explorer Impact Oil and Gas has raised US$12.3 million, which is plans to spend on subsurface work, including 3D seismic survey covering approximately 1900sq km, offshore Namibia. In Namibia, Impact Oil and Gas operates Blocks 2913B…

Africa Energy secures South Africa block

Oct 24, 2016

Africa Energy has closed three deals giving it a 90% stake and operatorship of Block 2B offshore South Africa. The company paid US$1 million to Afren to acquire a 25% participating interest in Block 2B. It also paid $2 million and shares to acquire all of Thombo Petroleum's 34…

Tower drops South African deep, but seeks shallow partner

Feb 16, 2016

New African Global Energy and Tower Resources have decided to drop their deep-water frontier acreage offshore offshore South Africa, but will be seeking a third partner for another exploration block. The firms were partners on the SW Orange Basin Technical Co-operation Permit (TCP)…

South Africa comes under seismic spotlight

Jan 22, 2016

CGG is to start a multi-client airborne gravity and magnetic survey offshore South Africa this month ahead of a new licensing round expected in the region later this year. The Petroleum Agency of South Africa (PASA) has authorized the program…

McDermott approved for Ghana JV

Oct 29, 2015

McDermott International received regulatory approval for its McDermott Marine Construction Ghana Ltd. (MMCGL) joint venture to pursue key offshore opportunities in Ghana. McDermott and MMCGL officials made the announcement during the 2015 Africa Oil Week in Cape Town…

Statoil enters South Africa with ExxonMobil

Oct 29, 2015

Statoil has completed a farm-in transaction with ExxonMobil, acquiring a 35% interest in the ER 12/3/154 Tugela South Exploration Right offshore South Africa. The remaining interests are held by operator ExxonMobil (40%) and co-venturer Impact Africa (25%)…

Transocean appoints new leadership

May 27, 2015

Transocean appointed Mark Mey as executive vice president and CFO effective 28 May 2015. This move comes after the announcement of Esa Ikaheimonen stepping down as executive vice president and CFO effective immediately. Ikaheimonen…

Deepsea Metro I heading offshore Vietnam

May 18, 2015

The Deepsea Metro I ultra deepwater drillship won a contract with VietGazprom in Vietnam. The vessel, managed by Norway's Odfjell Drilling, will operate for VietGazprom in Blocks 130 and 131 offshore Vietnam, starting mid-3Q 2015, for about 20 weeks…

Goliat arriving in Hammerfest

Apr 28, 2015

In this video, Eni shows the Goliat floating and production storage offloading unit (FPSO) platform arriving in Hammerfest, Norway from the Ulsan shipyard in South Korea after a 63-day journey of 15,608 nautical miles. The platform was aboard the Dockwise Vanguard…

Spectrum begins 2D seismic off Namibia

Apr 17, 2015

Spectrum began a 3500km multi-client 2D seismic survey offshore Namibia. The BGP Pioneer. From BGP. The survey is being conducted in the Orange basin to complete the 6000km survey over the Namibia and South Africa border…

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