Offshore Africa News - page 5

 

Exxon Board Debates Dropping Oil and Gas Projects in Mozambique and Vietnam - WSJ

Oct 21, 2021

Exxon Mobil Corp board is debating whether to continue with several major oil and gas projects amid a global push from investors for fossil fuel companies to be more cost-conscious and green-energy friendly, WSJ reported on Wednesday.Activist investor Engine No…

BW Energy Completes Two Production Wells Offshore Gabon

Oct 20, 2021

Oslo-listed oil and gas company BW Energy has brought online the Gamba well DTM-7H as part of the Tortue Phase 2 field development in Gabon. The final well, DTM-6H, in the Dentale formation, is scheduled to come onstream in the coming days. Current…

PetroNor Given More Time to Find Partner for Offshore Block in The Gambia

Oct 19, 2021

Oslo-listed oil and gas company PetroNor has been given more time by the Government of The Gambia to progress its ongoing discussions over its A4 offshore license with potential partners.The Gambian government has granted PetroNor a one-year…

Shearwater in 'Major' 3D Seismic Project Offshore South Africa

Oct 18, 2021

Offshore seismic services contractor Shearwater GeoServices has secured what it says is “a major” 3D seismic survey contract for acquisition in South Africa.Using the Amazon Warrior seismic vessel, Shearwater will acquire over 6,000 square kilometers of 3D seismic data…

TotalEnergies Drilling World's Deepest Offshore Well Using Maersk Voyager Drillship

Oct 15, 2021

French oil major TotalEnergies has exercised an option for Maersk Drilling's drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days,…

Shearwater Starts 4D Survey for TotalEnergies Offshore Angola

Oct 14, 2021

Marine seismic services firm Shearwater GeoServices has kicked off a 4D monitor survey for TotalEnergies' Angolan subsidiary Total E&P Angola.The survey comprises a two-month Wide Azimuth Towed Streamer (WATS) 4D monitor survey in the Louro-Mostarda Development areas of Block 32…

Occidental Sells Stakes in Jubilee and TEN Fields Offshore Ghana

Oct 13, 2021

Occidental Petroleum Corp agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corp, the oil and gas producer said on Wednesday, as it looks to cut the debt it took on with its purchase of Anadarko Petroleum…

Fugro Supports Saipem's Construction Work at BP's Greater Tortue Ahmeyim Project

Oct 11, 2021

Italian energy industry services firm Saipem has awarded Fugro a monitoring contract to support the construction of an LNG jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal/Mauritania.Starting in December, Fugro will deploy its InclinoCam…

BW Energy Gets Hold of Two Offshore Blocks in Gabon

Oct 11, 2021

Oil and gas company BW Energy has been provisionally awarded operatorship of two blocks in the 12th Offshore Licensing Round in Gabon.The award by the Direction Generale des Hydrocarbures (DGH) in Gabon is subject to finalizing the production sharing contracts (PSC) with the DGH…

Nigeria Incorporates State Oil Firm with $485M Capitalization

Oct 08, 2021

Nigeria's state-oil firm NNPC is now a fully incorporated company in compliance with a new petroleum law, President Muhammadu Buhari said on Friday.Buhari, who is also petroleum minister, signed an oil bill into law last month that had been in the works for nearly two decades…

UTEC Deploys iXblue's Subsea Positioning Technology on Ultra-deep Water Project

Oct 07, 2021

Offshore survey services company UTEC, an Acteon subsidiary, has deployed iXblue new subsea positioning technology on 'a world-class' ultra-deepwater field development project in Africa, with depths below 2,000 meters.According to iXblue, its sparse LBL solution…

West Africa's Deepwater Rig Utilization Could Triple by 2022

Oct 04, 2021

Offshore drilling rig contracting activity in West Africa is finally picking up as confidence slowly returns to the region.Esgian has previously reported that the US Gulf of Mexico and Brazil have already witnessed substantial recovery in the deepwater rig market…

Eni CEO, Ivory Coast President Discuss Future Plans for Giant Offshore Discovery

Oct 04, 2021

Ivory Coast President Alassane Ouattara and Eni CEO Claudio Descalzi met Friday to discuss the progress of Eni's activities in the country, following the giant offshore oil discovery of Baleine 1-X. As previously reported, Eni in September announced the major oil discovery in block CI-101…

As OPEC Reopens the Taps, African Giants Losing Race to Pump More

Sep 27, 2021

Top African oil exporters Nigeria and Angola will struggle to boost output to their OPEC quota levels until at least next year as underinvestment and nagging maintenance problems continue to hobble output, sources at their respective oil firms warn…

Eni Brings Online Another Oil Field in Angola via Armada Olombendo FPSO

Sep 24, 2021

Italian oil giant Eni has kicked off production from Cabaça North deepwater oil field located in Block 15/06 offshore Angola.The field has been developed as a tie-back to the Armada Olombendo FPSO.The Cabaça North development, with an expected peak production rate in the range of 15 kbopd…

Current News

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NJ Seeks New Wind Institute for Offshore Wind Research

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Chevron Shares Hit Record High Ahead of Q4 Results

Subsea 7 Scores 'Substantial' Contract at Shenandoah Field in U.S. Gulf

Subsea 7 Scores 'Substantial' Contract at Shenandoah Field in U.S. Gulf

Oil Reaches $90 a Barrel for the First Time Since 2014

Oil Reaches $90 a Barrel for the First Time Since 2014

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