Offshore Africa News - page 161


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…

Gabon discovery for Total

Aug 19, 2013

Total encountered gas and condensate at its Diaman-1B well offshore Gabon, partner Cobalt International Energy announced. The well, located in the Diaba block, was drilled to 5585m total depth, finding 50-55m of net hydrocarbons in the pre-salt formations…

Tanzanian LNG site select in 2H

Aug 15, 2013

Independent exploration firm Ophir Energy has said the preferred site for Tanzania’s first multi-train LNG facility could be announced later this year. The firm, a partner with operator BG Group on Blocks 1, 3 and 4, offshore Tanzania…

Eni, Mozambique reach tax deal

Aug 13, 2013

Eni S.p.A. CEO Paolo Scaroni and Eni E&P COO Claudio Descalzi met with Mozambique President Armando Guebuza today in Changara, the mineral district of Tete province in western Mozambique, to discuss Eni’s ongoing activities and projects in the country…

Cairn takes Mauritania stake

Aug 08, 2013

Cairn Energy has agreed a farm in deal with a subsidiary of Chariot Oil & Gas, giving it a 35% non-operated stake in an exploration block offshore Mauritania, West Africa.   The block (C19) is operated by Chariot Oil & Gas Investments (Mauritania)…

EMAS wins vessel contract in West Africa

Aug 07, 2013

EMAS Amc was  awarded a contract by Houston-based VAALCO Gabon (Etame) Inc., for the expansion of the Etame Marin Field Offshore Gabon in West Africa. The scope of work encompasses the EPIC of rigid pipelines along with the transportation…

HRT targets Moosehead-1

Aug 07, 2013

HRT Participações em Petróleo has started drilling the Moosehead-1 exploration well offshore Namibia. The well (2713/16-1) is its the third offshore well in HRT's current exploration campaign. It is targeting the Moosehead prospect…

Modec secures FPSO contract

Aug 05, 2013

Tullow Ghana Ltd. awarded Modec subsidiary TEN Ghana MV25 B.V. contracts for the supply, charter and lease, operations and maintenance of a FPSO vessel for the Tweneboa, Enyenra, and Ntomme (TEN) fields in the Deepwater Tano contract area…

Inpex transfers stake in Block 31 off Suriname

Aug 05, 2013

Inpex Corp.’s (INPEX) subsidiary, Teikoku Oil  Co. Ltd., reached an agreement to transfer 30% of its participating interest in the Block 31 offshore Suriname, to UK-based E&P company,  Tullow B.V., a subsidiary of Tullow Oil (Tullow). This…

Technip bags Moho Nord work

Aug 05, 2013

Total E&P Congo awarded Technip an engineering, procurement, and supply contract for the Moho phase 1bis development as part of the Moho Nord project, off the Republic of Congo. Moho Phase 1bis development is a brownfield development…

ENI strikes oil offshore Congo

Aug 01, 2013

Eni has made an oil and gas discovery on the Nene Marine exploration prospect, in the Marine XII Block offshore Congo about 17km offshore. Eni says two wells were drilled on Nene Marine and estimates it contains about 600 million bbls of oil and 700 billion cu ft of gas in place…

Conoco adds Senegal stake

Aug 01, 2013

US operator ConocoPhillips has agreed to acquire a 35% stake in three contiguous blocks offshore Senegal, West Africa, through two deals announced today. ConocoPhillips is to acquire a 25% interest in the three blocks from Scotland-based…

Wood Group wins BP Angola contract

Aug 01, 2013

Wood Group Kenny (WGK) is to support BP's offshore Angola operations under a new engineering services contract worth US$18 million.  The contract, lasting 12 months, covers two subsea operations support scopes: one is for work associated with the Block 18 Greater Plutonio operations group…

Cobalt drilling in deepwater Angola

Jul 31, 2013

Houston-based Cobalt International Energy has said it expects the results of two deepwater exploration wells offshore Angola during the second half of this year. It is drilling the Mavinga #1 pre-salt exploratory well with Diamond Offshore's Ocean…

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