Offshore Africa News - page 137

 

The third 3D industrial revolution

Oct 02, 2014

3D or additive printing has caught the world’s imagination—with the potential for human bone replacements and even bio-ink being mooted. Elaine Maslin found out more. Maersk Oil’s digital core laboratory in Qatar…

Adept wins West African contracts

Oct 02, 2014

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…

BG's Tanzanian finds upped to 17Tcf

Oct 02, 2014

BG Group is now sitting on more than 17Tcf of gas offshore Tanzania after its latest discoveries in the Kamba-1 well in Block 4, according to partner Ophir Energy.  The well, drilled using the Deepsea Metro I drillship in 1379m water depth…

Dana Gas plans Egyptian drilling, wins two Nile Delta blocks

Oct 01, 2014

Dana Gas Egypt signed a gas production enhancement agreement (GPEA) with the Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian General Petroleum Co. (EGPC). According to the agreement, announced 30 September, Dana Gas will begin a 7-year program in the next few months…

Maritime security market to reach $20 billion

Sep 30, 2014

According to a study published this month by US-based research and marketing company Markets and Markets, the maritime security industry will be worth around US$20 billion by 2019. The major drivers behind the exponential increase of…

CAMAC increases recoverable resources off Nigeria

Sep 29, 2014

CAMAC Energy's four offshore Nigeria prospects have increased the company’s unrisked P50 recoverable resources to approximately 3 billion boe. Map of Nigerian prospects from CAMAC   The…

CGG to start Gabon 3D Broadseis survey

Sep 29, 2014

CGG has signed an exclusive multi-client data agreement with the Ministère du Pétrole et des Hydrocarbures of the Republic of Gabon. The agreement will see CGG launch a new multi-client survey program to acquire 35,000sq km of BroadSeisTM…

Eni wins big in Egypt

Sep 25, 2014

Eni scooped up three new exploration licenses in Egypt as a result of the 2013 Egyptian General Petroleum Corp. (EGPC) and the Egyptian Natural Gas Holding Co. (EGAS) international licensing bid rounds. Two of the three blocks are located…

BP, Nalco Champion begin 10-year global framework agreement

Sep 25, 2014

Nalco Champion and BP plc representatives recently participated in a contract signing event to officially commemorate a new chemical managed services global framework agreement (GFA) between the two companies. The 10-year GFA was awarded to Nalco Champion at the beginning of Q2 2014…

Tangiers Petroleum to exit Morocco

Sep 24, 2014

Australia's Tangiers Petroleum says it intends to exit the Tarfaya Block off Morocco after the Tao-1 well showed dry and exceeded budget. The Tarfaya block is the company's only holding in Africa. The company is now faced with either…

Soma spends $37mn on exploration

Sep 24, 2014

Soma Oil & Gas Exploration, a Somalia-focused exploration company, today issued its audited annual report and financial statements for 2013. On 6 August 2013, Soma signed a Seismic Option Agreement (SOA) with the Ministry of National Resources of the Federal Government of Somalia…

Skandi Singapore works off West Africa

Sep 23, 2014

DOF Subsea UK has started work on two major construction projects off West Africa for Italy’s Saipem. DOF Subsea is supplying its 107.1m-long DSV Skandi Singapore and project crew, along with project management and technical support; specialist survey services…

Lekoil ups Nigeria reserves 45%

Sep 23, 2014

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…

Côte d’Ivoire to offer new concessions

Sep 19, 2014

The Republic of Côte d’Ivoire will offer new petroleum exploration concessions, delineating new offshore blocks in deep and ultradeep water of the Côte d’Ivoire sedimentary basin. The details will be presented on 14 October, in Houston, Texas…

Mozambique's CMH posts 25.6% y-o-y increase

Sep 17, 2014

Mozambique's state oil and gas company, Companhia Moçambicana de Hidrocarbonetos SA (CMH) posted a profit of US$37.8 million in 2013, a year-on-year increase of 29%, according to the company’s report and accounts for last year. According to a CMH report cited by the Mozambican press…

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