Cameroon Oil Transportation Company News

 

Eni's Coral Sul FLNG hull launched

Jan 14, 2020

Italian oil and gas company Eni has launched the hull of its Coral Sul FLNG unit at Samsung's Geoje yard in South Korea.Once completed the FLNG unit will be deployed over Eni's Coral reservoir in Area 4 offshore Mozambique and will be used to…

Modec Confirms Sangomar FPSO Order

Jan 10, 2020

Japanese FPSO specialist Modec has confirmed it has secured an order from Woodside for an FPSO to be deployed at the Sangomar project offshore Senegal.The confirmation of order came Friday just after Woodside had announced its field development…

Bowleven Pushes Ahead With Etinde Despite Losses

Dec 04, 2019

Africa-focused oil and gas explorer Bowleven Plc has vowed to soldier on with its planned monetization of the offshore Etinde field in Cameroon despite the company posting further losses in the last financial year.Bowleven said last week it…

Africa Oil States Aim to Lure Investors

Nov 11, 2019

Lower prices and increasing competition for investment are driving many African states to make it easier and cheaper for overseas companies to keep their oil and gas output flowing.From Ghana to Gabon, governments are adjusting terms to lure…

New Age Sells Stake in Marine XII

Sep 12, 2019

Privately held oil and gas exploration and production company New Age (African Global Energy) Limited has announced the completion of the US$800 million sale of its 25% non-operated interest in the offshore Marine XII permit in Congo (Brazzaville) to LUKOIL Upstream Congo SAU…

Tower’s Financial Reprieve in Cameroon

Aug 01, 2019

London-based, independent oil and gas company Tower Resources Plc has sighed with relief after the repayment of its $750,000 short term loan facility was extended to August 31 this year to enable the company finalize arrangements for the drilling…

Africa Looks to FLNG to Accelerate its Dash for Gas

Jun 21, 2019

Since the idea of floating liquefied natural gas (FLNG) was first mooted the landscape of the oil and gas sector has changed dramatically. When Shell finally pressed the go button for its Prelude FLNG project offshore Australia back in mid-2011…

Offshore Drilling Waste Management Support Tighter Regulations

Jun 19, 2019

Water-based and non-aqueous drilling fluids and its associated drill cuttings are the largest waste streams generated in global offshore drilling operations. Because of this, there are regulations in place which govern how companies dispose of the materials generated from the wellbore…

Tower Delays Drilling in Cameroon

May 13, 2019

UK-based Tower Resources said drilling of a new well at the Thali block in Cameroon had been delayed until July.In a stock exchange announcement, the company said that it had received additional data that indicated that further site preparation work would be required before a rig was moved to site…

Black & Veatch Proceeds with FLNG Conversion

Apr 22, 2019

Black & Veatch, the provider of floating liquefied natural gas (FLNG) topside solutions, announced that it has received a full notice to proceed from Grand Tortue Ahmeyim (GTA) project for operator BP.The full notice to proceed (FNTP), following a limited notice in December 2018…

Somalia's Planned Oil Search Under Threat

Feb 21, 2019

Somalia, a country that has been trying, albeit with little success, to shed off the image of a nation in turmoil because of its insecurity, instability and a preferred haven for for militant groups, has big plans for auctioning some of its…

Changing the Rules of the Game in Africa

Jan 24, 2019

Africa's offshore oil and gas potential remains largely unexploited, and 2019 may turn out to be a good indicator on whether countries with shallow-, deep- and ultra-deepwater hydrocarbon resources can make headway in attracting exploration and production investments…

Tower Resources Hires Vantage Drilling for Cameroon Well

Dec 09, 2018

UK-based Tower Resources has announced it has contracted US offshore driller Vantage Drilling International to provide drilling operations at the NJOM-3 well offshore Cameroon. The well is located in Tower’s 100%-owned Thali licence.The Topaz Driller is a Baker Marine Pacific Class 375 jack-up…

Tower Resources to drill at Thali off Cameroon

Oct 10, 2017

Tower Resources is taking steps to drill on the shallow water Thali license offshore Cameroon.  Map of Thali. From Tower. Thali is in the Rio del Rey basin in the eastern part of the Niger Delta…

Borr bags BW Gabon campaign

Sep 13, 2017

Borr Drilling accepted a letter of intent from BW Energy Dussafu (BWE), a subsidiary of BW Offshore, for a drilling campaign offshore Gabon. Borr’s premium, high-specification jackup Norve will be utilized to drill and complete two subsea development wells…

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