Offshore Africa News - page 22

 

PGS Secures Survey Work in West Africa

May 10, 2024

Norwegian seismic company PGS has secured a 4D survey contract for an international energy client in West Africa.The mobilization for the work is scheduled for early September 2024. The contract has a total duration of approximately 65 days…

First Oil from Shell's Bonga North Tranche 1 in 2027/2028

May 09, 2024

Oil major Shell expects first oil from its Bonga North Tranche 1 project off the coast of Nigeria in 2027/2028 and 'there are opportunities get that stream on earlier,' a Shell executive said on Thursday.Elohor Aiboni, a managing director at Shell Nigeria…

BW Energy Finds Hydrocarbons at Hibiscus South Pilot Well

May 09, 2024

Oil and gas company BW Energy has found hydrocarbons in the DHBSM-2P pilot well, confirming the Hibiscus South deposit offshore Gabon extends into the northern part of the field with good reservoir quality.BW Energy said it plans to complete the well as a production well later in 2024…

Senegal's O3S Orders Fast Supply Vessel from Penguin

May 06, 2024

O3S – Oil Senegal Support Services, a homegrown Senegalese operator servicing the country's fledgling offshore energy sector, has ordered a new 36-meter fast supply vessel (FSV) from Singaporean shipbuilder Penguin International. Construction on the new FSV is expected to start later this year…

Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

May 03, 2024

Norway-based Höegh LNG has made an agreement with Australian Industrial Energy (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the floating storage and regasification unit (FSRU) Hoegh Galleon. The aim of the deployment is to support energy security in Egypt…

ExxonMobil Pushing Forward with Mozambique LNG Project

May 03, 2024

ExxonMobil is 'optimistic and pushing forward' with its delayed Rovuma liquefied natural gas (LNG) project in Mozambique and expects a final investment decision at the end of next year, a company official said on Thursday.ExxonMobil and its…

Yinson Completes $1.3B Financing for Agogo FPSO

May 02, 2024

Yinson Production has closed the limited recourse term loan facility of up to $1.3 billion for the pre and post-delivery financing of the Agogo FPSO, whish is set for deployment on Azule Energy’s development offshore Angola.The financing is provided by a consortium of 13 lenders…

Amplus Sets Up JV to Target Untapped Reserves in West Africa

May 02, 2024

Floating production solutions specialist Amplus Energy and Nigeria-based Versatile Group (VG Energy) have set up a joint venture Amplus VGE to unlock lucrative marginal fields in West Africa.With the support from Norway’s Carbon Circle, the…

Dolphin Drilling Terminates GHL Contract for Blackford Dolphin Rig

Apr 30, 2024

Oslo-listed offshore drilling firm Dolphin Drilling has terminated the contract with General Hydrocarbons Limited (GHL) for the Blackford Dolphin semi-submersible drilling rig due to issues with the agreed payments.The Dolphin Drilling’s Blackford…

BW Energy Inks $150M Deal for MaBoMo Production Facility Offshore Gabon

Apr 30, 2024

Oil and gas company BW Energy has signed a sale and leaseback agreement with a Minsheng Financial Leasing (MSFL) for the MaBoMo production facility on the Dussafu license, offshore Gabon.The agreement will provide $150 million of gross sales…

Namibia's NAMCOR Signs Deal with Chevron to Develop Offshore Block

Apr 29, 2024

Namibia's national oil company has signed a development deal with Chevron that will see the U.S. oil major take an 80% operating working interest in an offshore block in the Walvis Basin, it said on Monday.The farm-out agreement with Chevron…

Trident Energy Enters Congo’s Oil and Gas Sector with Chevron and TotalEnergies Deals

Apr 25, 2024

U.K.-based oil and gas company Trident Energy has strengthened its presence in Africa through an agreement with Chevron to acquire its share in several fields offshore Congo, in addition to the earlier deal made with TotalEnergies.Trident Energy…

Sintana Energy Expands Orange Basin Scope Offshore Namibia

Apr 25, 2024

Oil and gas company Sintana Energy has entered into agreement to acquire up to 67% shares of Giraffe Energy Investments, the owner of a 33% interest in petroleum exploration license 79 (PEL 79) which governs blocks 2815 and 2915 offshore Namibia…

Namibia Targets First Oil Production from Venus Field in 2029/2030

Apr 24, 2024

Namibia is aiming for first oil production from TotalEnergies’ Venus field in 2029/2030, the country's petroleum commissioner Maggy Shino said on Wednesday.The southern African country, which is yet to produce any oil or gas, has become a global…

TotalEnergies Grows Stake in Giant Moho Field Offshore Congo

Apr 24, 2024

TotalEnergies has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale its 53.5% interest in the Nkossa and Nsoko II licenses offshore Congo.TotalEnergies…

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