Offshore Africa News - page 2

 

Neptune Energy Takes Gulf of Suez Block

Feb 12, 2020

Exploration and production company Neptune Energy has acquired an offshore license in the Gulf of Suez, Egypt, committing to carry out seismic surveys and to drill an exploration well during the first phase of the license.Neptune said that the…

Greater Tortue Ahmeyim Partners Sign LNG Sales Deal with BP

Feb 12, 2020

Kosmos Energy has said that it has, with its partners in the offshore Senegal/Mauritania Greater Tortue Ahmeyim project, signed a deal to sell 2.45 million tonnes per annum of LNG to BP's subsidiary BP Gas Marketing.The sales and purchase agreement is valid for an initial term of up to 20 years…

Chevron Picks Aquaterra's Sea Swift Platform for Angola Field

Feb 12, 2020

Chevron has hired Aquaterra Energy for the design and support installation of a Sea Swift offshore platform at an offshore field in Angola.Destined for the Lifua-A field, the conductor supported platform (CSP) will be designed and installed in 60m of water…

Total CEO Dismisses Tullow Takeover Idea

Feb 11, 2020

Total Chief Patrick Pouyanne dismissed the idea it might buy its partner in East Africa and Guyana, Tullow Oil, whose share price slumped to 19-year lows in December over a string of bad news, stoking takeover speculation.Total is a partner…

Oceaneering Scores Angola RLWI Gig with BP

Feb 11, 2020

Oil major BP has awarded subsea services specialist Oceaneering a contract for the provision of riserless light well intervention services in Angola.Oceaneering, which has described the contract award as meaningful, will provide the services at BP's offshore Angola Blocks 18 and 31…

Aker Energy Taps Fugro for Pecan Field Survey in Ghana

Feb 10, 2020

Aker Energy, a Norwegian oil company working to develop its Pecan field, offshore Ghana, has hired the Dutch offshore survey specialist Fugro to examine the seabed at the location ahead of the further Pecan infrastructure planning.The Pecan…

Somalia President Signs New Oil Bill into Law

Feb 10, 2020

Somali President Mohamed Abdullahi Farmajo has signed landmark petroleum legislation into law to help open up a new frontier market, the oil ministry said on Saturday. The upper house of Somalia’s parliament in January approved the petroleum…

Tower Wraps Thali Survey Off Cameroon

Feb 10, 2020

Africa-focused oil company Tower Resources has completed a geotechnical survey at its Thali license offshore Cameroon, ahead of the planned drilling operations later this year.'The Geoquip Marine survey vessel MV Investigator completed its survey…

Latin America, Africa Keep January Offshore Rig Count Up

Feb 07, 2020

There were 268 offshore drilling rigs active in the world in January 2020, oilfield services giant Baker Hughes said in its monthly rig count report released Friday.This is a slight increase compared to 266 offshore rigs actively exploring for oil and gas counted in January 2019…

Africa Oil Farms Into Offshore Block in S. Africa

Feb 07, 2020

Canadian oil company Africa Oil has received the South African government's approval to buy into the offshore block 3B/4B.Africa Oil will acquire a 20% stake in the Block 3B/4B Exploration Right from Azinam. It will also assume operatorship for the joint venture partners…

Saipem Scoops $500+ Mln EPCI Contracts

Feb 06, 2020

Italian oilfield services firm Saipem reports it has been awarded several engineering, procurement, construction and installation (EPCI) contracts in various countries worth over $500 million combined.The first EPCI contract has been awarded…

Italian Court Throws Out Witness Request in Eni Nigeria Graft Case

Feb 06, 2020

A Milan court has rejected a prosecution request to hear testimony from a former legal adviser of Eni who has accused the company of spying on judges, offering a boost to the Italian oil firm as it fights bribery allegations over a Nigerian oil field…

Egypt: BP to Bring Raven Project Online by 2020 End

Feb 05, 2020

BP's phase three of the $12 billion West Nile Delta project offshore Egypt will come online by the end of this year, nearly 12 months behind the earlier scheduled deadline, the company said in a conference call this week.The third phase includes the development of the Raven field…

Tullow to Axe a Third of Its Workforce

Feb 05, 2020

Tullow Oil plans to cut a third of its staff to slash its administration costs by a fifth, or around $20 million, a source with direct knowledge of the matter said, after weak output in Ghana, delays in East Africa and lower-than-hoped-for oil quality in Guyana…

Most High-Impact Wells in 2020 to be Drilled in Africa & Americas

Feb 05, 2020

The majority of high impact offshore exploration wells in 2020 will be drilled in Africa and the Americas, Rystad Energy, an energy research group based in Norway has said.Rystad Energy rates wells as high-impact by an assessment of several factors…

Current News

Break it Down

Break it Down

Triangle Energy Shuts Cliff Head Alpha Output Citing Electrical Fault

Triangle Energy Shuts Cliff Head Alpha Output Citing Electrical Fault

Oslo on Monday: 45 Oil Stocks Rattled

Oslo on Monday: 45 Oil Stocks Rattled

Saipem Urges Workers in Italy to Stay at Home Amid Coronavirus Outbreak

Saipem Urges Workers in Italy to Stay at Home Amid Coronavirus Outbreak

Subscribe for OE Digital E‑News

Offshore Engineer Magazine