Offshore Africa News - page 5

 

Sparrows Bags Three Deals to Maintain Offshore Equipment in Angola

Mar 17, 2021

Sparrows Group, a UK-based engineering and maintenance services specialist for the energy and industrial sectors, has said it has secured one contract renewal and two extensions, 'worth a seven-figure sum,' in Angola to support major operators in the deepwater region…

FAR to Sell Senegal Oil Field Stake to Woodside, as Lukoil, Remus Offers Incomplete

Mar 12, 2021

Australian oil and gas company FAR said Friday it would sell its stake in offshore blocks in Senegal to Woodside, subject to the approval of its shareholders, as proposed company takeover offers made by Remus and Lukoil were incomplete.To remind…

Report: Nigeria Awards Tenders for 57 Marginal Oilfields

Mar 11, 2021

Nigeria's petroleum regulator has provisionally awarded tenders to develop 57 of its marginal oilfields, four sources familiar with the matter told Reuters, which could net the government $500 million in signature bonuses.Provisional award letters…

Egypt: Shell Sells Western Desert Fields to Focus on Offshore Assets

Mar 09, 2021

Oil major Shell has agreed to sell its upstream assets in Egypt’s Western Desert so for US$646 million plus contingent payments, so it can focus on its offshore assets in the country.Shell will sell the Western Desert assets to a consortium…

Total Hires Shearwater for 4D Survey Offshore Angola

Mar 08, 2021

Marine seismic survey company Shearwater GeoServices said Monday it had won a contract with Total E&P Angola for a 4D monitor marine seismic acquisition survey.Irene Waage Basili, CEO of Shearwater said: 'We have seen a notable increase in interest…

TDI-Brooks Wraps Offshore Studies for ExxonMobil, Chevron in Angola

Mar 05, 2021

Offshore services firm TDI-Brooks International has said it has recently completed Environmental Baseline Studies (EBS) for both Chevron's Cabinda Gulf Oil Company and ExxonMobil in Angola.TDI-Brooks deployed the R/V Proteus vessel to blocks…

Eni Hires Fugro for Offshore Surveys in Angola

Mar 02, 2021

Dutch offshore geotechnical survey firm Fugro has said it has won multiple contracts with Eni in Angola for geotechnical and environmental surveys off the coast of Angola between now and May.Fugro said that two of its vessels are currently active in the region…

Tullow Agrees $1.7B Reserve-based Loan with Banks

Feb 26, 2021

Tullow Oil Plc said on Friday it has agreed to a new reserve-based loan of about $1.7 billion with its banks, taking its liquidity to roughly $900 million, including free cash and available debt.The oil and gas company, which has been in talks with creditors…

Vaalco Completes Purchase of Sasol's Stake in Etame Marin Block Offshore Gabon

Feb 26, 2021

Africa-focused oil and gas company Vaalco Energy has completed the acquisition of Sasol's stake in the Etame Marin block offshore Gabon.The acquisition of Sasol's  27.8% working interest in the Etame Marin block has increased Vaalco's working interest to 58…

UTEC Nets Coral Sul Survey Work Offshore Mozambique

Feb 25, 2021

UTEC, an offshore energy survey firm, has won a survey contract in Mozambique to support the development of Eni's Coral Sul ultra-deepwater FLNG development. Under the contract, awarded by oilfield services giant TechnipFMC, UTEC will be responsible for pre-lay surveys…

GC Rieber's 'Polar Onyx' Set to Return to North Sea Region after Years in W. Africa

Feb 24, 2021

Norwegian offshore vessel company GC Rieber Shipping has won a new contract for its Polar Onyx SURF/subsea construction vessel, just days after it was announced that DeepOcean had extended the charter for the same vessel.In a statement on Wednesday…

Siem Offshore Wins W. Africa Deal for Subsea Construction Vessel 'Siem Spearfish'

Feb 24, 2021

Norwegian offshore vessel operator Siem Offshore has said it has secured a contract for its Siem Spearfish subsea construction vessel.The contract, with an unnamed client, is for 2 months firm, with extension options included.Under the contract…

UK-based Enermech Eyes Oil & Gas Work in Mozambique

Feb 23, 2021

Aberdeen-based energy industry services company EnerMech has appointed Celestino Maússe to the newly created role of Mozambique country manager as the company seeks to expand its business as local activity ramps up.In his new role, Enermech said…

Israel to Link Leviathan Offshore Gas Field to Egypt's LNG Plants

Feb 22, 2021

Israel and Egypt have agreed to build a pipeline to connect Israel's offshore Leviathan natural gas field to liquefied natural gas (LNG) terminals in northern Egypt, the Israeli minister said on Sunday.The Palestinians also said they had signed an agreement with Egypt's energy minister…

Egypt Launches Oil and Gas Bid Round for 24 blocks

Feb 18, 2021

Egypt announced on Thursday the start of a bid round for exploration and exploitation of oil and natural gas in 24 blocks.The round, which concludes on Aug. 1, includes nine blocks in the Mediterranean Sea, 12 in the Western Desert and three in the Gulf of Suez…

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