Offshore Africa News - page 5


Strohm to Supply TCP Jumpers for TotalEnergies' Moho Infill Project

Jun 13, 2023

Strohm, a company making Thermoplastic Composite Pipe (TCP), has been awarded a 3 million euros contract to supply carbon fibre/PA12 composite jumpers to Aker Solutions to support work being carried out at TotalEnergies’ Moho Infill project in the Republic of the Congo…

TotalEnergies Makes Oil and Gas Discovery Offshore Nigeria. Eyes Tie-back to Ofon Field Facilities

Jun 13, 2023

French oil major TotalEnergies on Tuesday announced the Ntokon oil and gas discovery on OML102 block offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters of net gas pay…

BW Offshore Sells Espoir Ivoirien FPSO

Jun 12, 2023

BW Offshore on Monday closed the transaction for the sale of the FPSO Espoir Ivoirien to its client, CNR International, for $20 million.The closing of the deal comes after several short-term charter extensions for the FPSO operating offshore the Ivory Coast…

Shell Pivots Back to Oil to Win Over Investors - Sources

Jun 09, 2023

Shell will keep oil output steady or slightly higher into 2030 as part of CEO Wael Sawan's efforts to regain investor confidence as the energy giant wrestles with poor returns from renewables while oil and gas profits are booming, company sources said…

Malaysia's Sapura Energy Lands $303 Million in Contracts for Offshore Projects

Jun 08, 2023

Malaysia's Sapura Energy said Thursday it had, between December 2022 and May 2023, secured ten contracts worth around 1.4 billion Malaysian ringgit (currently around $303 million) across the Asia Pacific and Atlantic regions.The contracts were secured across its Engineering and Construction (E&C)…

Woodside Starts Marketing Senegal's First Oil

Jun 07, 2023

Australia's Woodside Energy has started marketing a new African crude oil from Senegal's first oil project, where the company aims to start producing by the end of this year, a senior executive said. Located about 100 km (62 miles) offshore south of Dakar…

Congo Finalising Deal with Angola and Chevron Over Offshore Oil Block

Jun 06, 2023

Democratic Republic of Congo is nearing an agreement with neighbouring Angola over one of the offshore blocks between the countries that have been the subject of a 50-year dispute, Congo's oil minister told Reuters. Under the terms of the production-sharing deal proposed by Angola and Chevron…

BW Offshore Agrees Extensions for Two FPSOs in Africa as Divestment Talks Continue

Jun 05, 2023

Norwegian FPSO vessel owner BW Offshore has recently secured short contract extensions for two of its FPSOs operating in Africa.On Friday, BW Offshore said it had signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien…

Saudi Pledges Big Oil Cuts in July as OPEC+ Extends Deal into 2024

Jun 05, 2023

Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group seeks to boost flagging oil prices.Saudi's energy ministry said the country's output would drop to 9 million barrels per day (bpd) in July from around 10 million bpd in May…

Tanzania to Review Approval of $42B LNG Project in June

May 31, 2023

Tanzania's government said on Wednesday it had completed negotiations with the investors of its $42 billion liquefied natural gas (LNG) project, with the agreements set to be reviewed for approval next month. Energy minister January Makamba…

TotalEnergies Granted 20-Year License Renewal on Nigerian Offshore Block

May 29, 2023

French oil major TotalEnergies, operator of OML130 offshore license in Nigeria, confirmed Monday it had secured the renewal of the production license on this offshore block for 20 years.Located 150 kilometers off the Nigerian coast, the OML130…

Nigeria's NNPC Signs Deals with Total, CNOOC on Deepwater Oil Block

May 26, 2023

Nigeria's state-owned oil company NNPC Ltd said on Thursday it had renewed a production sharing contract with Total, China National Offshore Oil Corp and others, a major step to resolving disputes on a deepwater oil block in the Niger Delta…

Shell Extends Contract for Offshore Drilling Rig in Namibia

May 25, 2023

Norwegian offshore drilling company Odfjell Drilling has, on behalf of Northern Ocean, agreed a contract extension for the Deepsea Bollsta drilling rig with Shell.The contract extension for the offshore drilling rig, owned by Northern Ocean…

Chevron Launches Sale of Congo Oil Assets - Sources

May 25, 2023

Chevron has launched a sale process for its oil and gas assets in Congo as the U.S. energy giant continues to focus operations on newer and more profitable production, industry sources said.The Congo assets could fetch up to $1.5 billion, according to two sources close to the process…

TotalEnergies Prepares for Mozambique LNG Restart

May 23, 2023

French energy company TotalEnergies will make good on an action plan to address the rights of residents near its Mozambique LNG project over the summer, the oil major said on Tuesday, taking a step closer towards a restart.'At this time there is no date for a restart…

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