InterMoor successfully completed the installation and hook up of the permanent mooring system for the Delta House field floating production system (FPS) in the Gulf of Mexico. InterMoor crew hook up at Delta House…
Texas-based Excelerate Energy has been selected by UK-based exploration firm Ophir Energy to lead a consortium to build Africa’s first newbuild, open seas FLNG project. Excelerate will lead a consortium of technology providers charged…
Ophir Energy signed an amendment to the Block R production-sharing contract (PSC) that establishes gas fiscal terms within the PSC and a fiscal framework for the Fortuna floating liquefied natural gas (FLNG) project. The amendment has…
Since the first successful oil well was drilled by Shell-BP in 1956 at Oloibiri, Nigeria has acclaimed the status of Africa’s largest oil producer and the sixth largest in the world. However, the Nigerian oil and gas industry has been engulfed in challenges with few success stories…
Aberdeen-based Adept Solutions secured three contracts worth a total of US$2.4 million in West Africa. With the three contracts, Adept will implement its hydrocarbon accounting system, Axis, as part of projects on behalf of the Nigerian Petroleum Development Co…
Cayman Islands’ registered Lekoil has upgraded the 2C reserves estimate on the Otakikpo marginal field offshore Nigeria by 45%. Otakikpo is in oil mining lease (OML) 11, in a swamp area, offshore Nigeria, adjacent to shoreline in the eastern part of the Niger Delta…
Ophir Energy's Silenus East-1 well in Block R, offshore Equatorial Guinea (central west Africa), has made a gas discovery - and helped support plans for an expanded FLNG project for the area. Nick Cooper, Ophir's CEO, says the additional…
West Africa-focused Canadian Overseas Petroleum Limited (COPL) says drilling plans for offshore Liberia have been delayed due to an Ebola virus outbreak in the region. The firm is in a partnership with ExxonMobil (operator and 83% equity holder) on Block LB-13 offshore Liberia…
Nigerian oil and gas exploration firm SEPLAT has announced plans to list on the London Stock Exchange (LSE) and the New York Stock Exchange (NSE) to fund its expansion, including into shallow offshore waters. An initial offer is expected to amount to at least US$500 million…
Mobilization work for a 3D seismic ocean bottom cable (OBC) data acquisition survey in offshore production license (OPL) 233 offshore Nigeria has started. Following mobilization, which is expected to complete by the end of March, the…
UK-listed explorer Ophir Energy is eying floating LNG to develop its Equatorial Guinea gas fields and has signed a letter of intent with Petrofac to help it draw up a field development plan. Ophir has an 80% interest in Block R, in the south-eastern part of the Niger Delta complex…
Cameroon's state oil company National Hydrocarbons Corp. (SNH) announced that it will offer a licensing round for four blocks, three offshore: Bomana, Lungahe, and Ndian River, all in the Rio Del Rey basin. The Bomana block covers 139…
Total announced that its subsidiary, Total Upstream Nigeria Ltd. (TUPNI), operator of the OML 130 block, and co-venturers have obtained the necessary approvals from Nigerian National Petroleum Corp. (NNPC) to award the main EPC contracts to develop the offshore Egina field…
SPDC, a subsidiary of Royal Dutch Shell, has completed a sale of its 30% interest in Oil Mining Lease 30 (OML 30) in the Niger Delta to Shoreline Natural Resources Limited for $567 million.The company said the divestment is part of a plan to reshape SPDC's onshore portfolio…
Nigeria’s controversial oil reforms, long in the works, appear close to passage. The government hopes to shore up falling production and get a bigger share of oil profits. But IOCs doing business in the Delta are wary, as Russell McCulley reports…