Offshore Africa News - page 140

 

Seychelles extension for WHL

Sep 11, 2013

Australian exploration firm WHL Energy is to apply for an amendment to its petroleum agreement with Seychelles petroleum industry regulator PetroSeychelles, leading to renewed farm-out talks. The proposed amendment is an extension to agreed work program commitments…

HRT drills Moosehead duster

Sep 10, 2013

HRT Participações em Petróleo S.A.announced that the Moosehead-1 well, the third offshore well in its exploratory drilling campaign, is a dry hole. The Moosehead prospect is in Petroleum Exploration License 24 (PEL-24), in the Orange basin…

New Ensco drillship delivered

Sep 09, 2013

Ensco plc has taken delivery of ENSCO DS-7, an advanced-capability, ultra-deepwater drillship. The vessel will embark from the Samsung Heavy Industries shipyard in South Korea to Angola, where it is contracted to Total for three years beginning…

FAR Ltd., Ophir Energy finalize JV talks

Sep 06, 2013

FAR Ltd. (“FAR”)  completed negotiations on joint venture agreements with Ophir Energy PLC (“Ophir”) on highly prospective offshore Kenya exploration permit Block L9. Block L9 is a large permit in the heart of the Lamu basin. A series…

Eni makes Mozambique discovery

Sep 04, 2013

Eni has made a new high impact discovery at Agulha exploration prospect, in Area 4, offshore Mozambique.The discovery opens a new exploration play in the southern part of Area 4. Preliminary estimates show that the Agulha structure could contain 5 to 7 Trillion cu ft of gas in place…

OE13: TWMA lands Angola contract

Sep 04, 2013

Integrated drilling and environmental solutions firm TWMA says it has become the first company to be awarded an offshore processing contract in Angola. The agreement, worth up to $35m, will see TWMA take the concept of offshore processing to the rapidly developing area…

OE13: African market briefings

Sep 04, 2013

UK Trade & Investment presented a varied session on petroleum investment opportunities in East and West Africa today, focusing on Kenya, Tanzania, Uganda, Mozambique, and Ghana.   Mrs. Wanjiku Manyara, general manager of the Petroleum Institute of East Africa…

OE13: Big opportunities offshore

Sep 04, 2013

This decade is a unique opportunity for European contractors and suppliers to really go for it in terms of looking to win a larger global share of the supply market, Malcolm Brinded said yesterday. Brinded, of the Shell Foundation, was chairing…

OMV takes Madagascar stake

Sep 02, 2013

OMV is to invest in an offshore exploration block west of Madagascar. OMV will acquire a 40% stake in the Grand Prix block from Niko Resources (Niko). OMV will farm-in to the area for the planned drilling of an exploration well. OMV will…

Canyon leadership takes on Aminex

Aug 29, 2013

East Africa-focused oil and gas exploration company Aminex is to be led by the founders of private Maldova-focused exploration firm Canyon Oil and Gas. Canyon's co-founders Jay Bhattacherjee and Philip Thompson will become Aminex’s chief executive and chief operating officer…

Fugro awarded 3-year survey contract by Total E&P Angola

Aug 28, 2013

Fugro has been awarded a large, three-year survey contract by Total E&P Angola, with an estimated value of US$26 million, to support its development programs offshore Angola. The contract includes the provision of offshore positioning services…

Tanzania appraisal success

Aug 28, 2013

Latest drilling on the Pweza-2 discovery offshore Tanzania has confirmed resource estimates, according to partner Ophir Energy. Appraisal drilling was completed on Pweza-2 in Block 4, 2km to the south of the Pweza-1 discovery, using the DeepSea Metro 1 drillship…

Jaya wins contract for upgraded PSV

Aug 26, 2013

Jaya Holdings signed a contract to charter its new build DP2 Platform Supply Vessel (PSV) “Jaya Vigilant” for a long term operation in the Indian Ocean, offshore Mozambique. The two-year contract, which includes charterer’s options has a value of more than US $20 million…

India increases Mozambique stakes

Aug 26, 2013

Indian energy firm ONGC Videsh Limited (OVL) has agreed to buy a 10% stake in the Rovuma Area 1 block, offshore Mozambique, from Anadarko, for US$ 2,640 million. Area 1 covers about 2.6 million acres in the deepwater Rovuma Basin and…

Yinson to acquire Fred. Olsen Production

Aug 23, 2013

In June 2013, Malaysia's Yinson Holdings Berhad made a conditional offer to acquire Norway's Fred. Olsen Production ASA ('FOP') for NOK995.74 million (US$172.1 million), or NOK 9.40/share that was approved by the FOP board. On 4 July 2013…

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