Offshore Africa News - page 144

 

Heerema wins Alba compression project

Apr 17, 2013

Heerema Fabrication Group (HFG) in the Netherlands won an engineering, procurement, construction and installation (EPCI) contract with Marathon E.G. Production Ltd (MEGPL), a wholly-owned subsidiary of Marathon Oil Corporation for delivery…

Newbuild growth: Brazil, Africa, SE Asia and Australia

Apr 15, 2013

The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…

M-I Swaco gets SMART on displacements

Apr 15, 2013

M-I Swaco, a Schlumberger Company, took OE on a tour of its new SMART 3D package of integrated displacement services. Audrey Leon reports from Houston. MM-I SWACO unveiled its SMART 3D displacement package on February 28 at the Houston Museum of Natural Science…

Rig Market Review

Apr 14, 2013

The global rig market is strong, with high utilization, high day rates, and nearly 200 offshore drilling rigs under construction. Drilling contractors are changing their fleet makeup, modernizing, streamlining, and concentrating on market sectors…

Colloquy: Drivers of change

Apr 10, 2013

COLLOQUY: Editor's Column The IHS CERAWeek conference took Houston by storm in March, with a solid program of topical breakfast discussions, illustrious keynote speakers, plenary sessions, and dialogues. The energy topics ran the gamut…

Technip on Moho Nord subesa EPSCI

Apr 08, 2013

Technip was awarded by Total E&P Congo a major (more than $500million) lump-sum contract for the engineering, procurement, supply, construction, installation (EPSCI) and pre-commissioning for the Moho Nord development project.This project is…

ExxonMobil expands off Liberia

Apr 05, 2013

ExxonMobil Corp. announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80% interest in Liberia Block 13 (LB-13)Map of LB-13 off Liberia (Image: COPL)The block comprises more than 625,000 acres (2…

Inpex joins Mozambique hunt

Apr 02, 2013

Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Japanese based INPEX Mozambique, a wholly owned subsidiary of INPEX Corp.The licence, which consists of two blocks, under one licence agreement…

Beach reports seismic results from Lake Tanganyika

Apr 01, 2013

South Australia's Beach Energy Ltd. discussed the results of its 2012 inland offshore exploration program in western Tanzania in an investor presentation last month. Wholly owned subsidiary Beach Petroleum (Tanzania) Ltd. holds 100% interest…

HHI wins Moho Nord facilities contracts

Mar 28, 2013

Hyundai Heavy Industries (HHI) received a letter of award for a US$1.3 billion order for a floating production unit (FPU) and a US$700 million order for a tension leg platform (TLP) from Total E&P Congo, the company announced on 26 March 2013…

TGS Polarcus Asima

Mar 28, 2013

TGS announced it will charter the 12-streamer Polarcus Asima for a six-month period. TGS will utilize the ship during an acquisition of a 3D multi-client survey covering 7800km 2 of the Sunfish acre age in Harper Basin, off Liberia. TGS will…

Make way for Jupiter

Mar 28, 2013

Australian exploration company Jacka Resources hired the GSP Jupiter jackup rig to drill and test its Hammamet West-3 exploration well off Tunisia, which is expected to spud later this month. The rig is en route to Tunisia and will require the…

PSVM starts production

Mar 27, 2013

Production has begun from BP and Sonangol’s PSVM development in block 31, off Angola. The PSVM development, BP’s second operated development in the country, consists of four oil fields: Plutão, Saturno,Vénus, and Marte. Three wells at the Plutão…

FAR Ltd. expands off Kenya

Mar 27, 2013

The Kenyan Government has confirmed a 60% expansion of FAR Ltd.’s L6 exploration permit off Kenya. This additional area, which had previously been relinquished and has now been re-instated, increases the total permit area to 5,010 km2.Click…

Mediterranean activity rebounds after unsettled 2012

Mar 27, 2013

Oilfield activity in the Mediterranean region was disrupted by extreme political events last year across northern Africa. The ‘Arab Spring’ revolutions in Egypt, Libya, and Tunisia, as well as the continuing conflict in Syria shut down most non-essential activity…

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