Saipem has been awarded the contract for the Nigerian subsea development of the Egina field, in a 1700m water depth. It is worth approximately $3 billion. Fabrication will be performed almost entirely in Nigeria and most in the Saipem Rumoulumeni Yard in Port Harcourt…
BG Group has made a natural gas discovery in the Ngisi-1 well in Block 4 off Tanzania. The well, drilled by the Deepsea Metro 1 drillship, appraised the Chewa gas field resulting in an upgrade in estimated recoverable resources in the block…
Eco Oil & Gas (Atlantic) is planning seismic surveys after receiving a one-year extension on two exploration licenses off Namibia. The extension to the Guy (2111B & 2211A) and Sharon (2213A & 2213B) licenses, both in the Walvis basin, will…
CNR International signed a production sharing contract (PSC) for Block CI-12 off Cote d’Ivoire (Ivory Coast), with a 60% working interest. CNR International will operate the block, located west of the company’s Espoir and Baobab fields, in 250-300m water depths…
SOCO Intertnational spud LDKEM-1, an exploration well on the Lideka East Marine prospect. The well will test the potential of a post-salt structure of the Sendji formation in the Lower Congo Basin, off Pointe Noire, Congo, in the Marine XI license…
Seadrill has signed a contract with Chevron China Energy Company for the newbuild ultra-deepwater drillship West Tellus in support of Chevron's affiliated global exploration program. The contract will start in China immediately on shipyard delivery of the unit…
Recent offshore drilling by Apache and Anadarko help gauge the potential of the Lamu basin. Vision 2030 is Kenya’s development strategy which aims to transform the economy and “create a globally competitive and prosperous nation with a high quality of life by 2030…
Tanzania has become hot property, with BG Group and Statoil eying LNG export from the gas-rich offshore region. Tanzania’s recent rise up the resource rankings has been fast, despite it having taken a long time to reveal its potential reserves…
All eyes are on Mozambique as significant natural gas finds are set to turn the East African country into a major LNG player, but are oil riches on the horizon? Mozambique’s prolific Rovuma basin holds 12 offshore discoveries within a 50km radius…
Fugro was awarded a three-year contract by Chevron’s subsidiary, Cabinda Gulf Oil Company Ltd., to support its development program at Block 0, off the coast of Cabinda province, Angola. The contract includes the provision of offshore…
Analysis: Perspectives Independent oil companies have led the way opening new frontiers in recent years, but this may change as companies of all sizes have locked-up huge swathes of frontier acreage, creating opportunities for exploration-driven deals…
Colloquy: Editor’s Column The American Association of Petroleum Geologists (AAPG) has developed a new African exploration GIS database, as the Edward G. Purdy Memorial Project, honoring the late geologist (b. 4 December 1931, d. 13 October…
The Starfish-1 exploration well drilled offshore Ghana is to be plugged and abandoned after disappointing drilling results, said operator Ophir. The well, in the Offshore Accra Contract Area, was drilled in 1490m water by the Stena DrillMax drillship in the frontier Keta basin…
Eco (Atlantic) Oil & Gas is planning 3D and 2D seismic campaigns after being granted a one year extension on two exploration licenses offshore Namibia. The extension to the Guy (2111B & 2211A) and Sharon (2213A & 2213B) licenses, both in the Walvis Basin…
Aberdeen-based CNR International has signed a production sharing contract (PSC) for Block CI-12 off Cote d’Ivoire (Ivory Coast), with a 60% working interest. CI-12 is the second high impact exploration block in Cote d'Ivoire that CNR has secured…
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