Eco-Atlantic hasn't found any hydrocarbons in the Gazania-1 exploration well, which is located off the coast of South Africa. The well was drilled in about 150 meters of water, is located 25 kilometers offshore the Northern Cape in the Orange Basin…
Fortescue Metals executive chairman Andrew Forrest on Tuesday said his charitable foundation is in favor of a pause on seabed mining, the first time a prominent mining executive has spoken out against the nascent industry.Forrest said the Minderoo Foundation…
Offshore drilling firm Island Drilling has signed a drilling contract with Dana Petroleum for a drilling program in the UK in 2023.For this, Island Drilling will supply its 2012-built harsh-environment semi-submersible drilling rig, Island Innovator…
The Island Innovator semi-submersible drilling rig has arrived on Block 2B offshore South Africa, and is set to start operations on the Gazania-1 exploration well.The Gazania-1 exploration well is being drilled in approximately 150 meters of…
Oil discoveries by TotalEnergies and Shell off the coast of Namibia could start production in four years, Namibia Energy Minister Tom Alweendo said at a conference in Dakar on Thursday.Alweendo said Namibia had agreed with the companies that they should start production as fast as possible…
Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation's mines and energy minister said on Friday. Both companies announced earlier this…
Shell's incoming Chief Executive Wael Sawan is set to accelerate the group's drive to build its renewable energy business, including through a possible 'transformative' clean power acquisition, company and industry sources said.Sawan will from…
Oil major Shell has booked a semi-submersible drilling rig for its operations in Namibia, where it recently struck a major offshore oil discovery.Offshore rig owner Northern Ocean said Thursday that Shell Upstream Namibia B.V., a subsidiary of Shell…
Oslo-listed oil and gas company BW Energy said Tuesday that its BW MaBoMo offshore production facility had sailed away towards Gabon.The production facility, converted from the Hibiscus Alpha jack-up drilling rig, is currently onboard a heavy…
38 high-impact exploration wells were drilled in the first half of 2022, similar to the same period in 2021 when 39 wells completed, says industry analysts Westwood Global Energy Group. The 38 wells resulted in 13 potentially commercial discoveries at a 34% commercial success rate…
Oil and gas company Eco Atlantic said Friday it expected to start drilling at its Gazania-1 well off South Africa in September, as the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilized Friday. The Gazania-1 well is located in the Orange Basin in South Africa…
Shell's and TotalEnergies' Graff and Venus deepwater discoveries off Namibia have put southern Africa under the exploration spotlight. With deepwater offering high productivity reserves, it's a spotlight that's likely to linger for a few years yet…
Uruguay's ANCAP has awarded three of the six available offshore blocks on its continental shelf to Shell and Apache, following bids received in the most recent ANCAP 2022 Open Bidding Round.Shell won the rights to the shallow-water block OFF-2 and deepwater Block OFF-7…
Italian oil and gas firm Eni's giant oil find offshore Ivory Coast last year won the 'discovery of the year' award, and Eni also secured the title of the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s annual Exploration Survey…
The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI).Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices…
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