Offshore Africa News - page 71


MMA Offshore Wins Two Contracts for MMA Privilege Vessel

Dec 24, 2020

Australian offshore vessel operator MMA Offshore has recently secured two new contracts for its Multi-Purpose Support Vessel the MMA Privilege.The first contract is for the provision of accommodation and walk-to-work services to support FPSO shutdown operations in Côte d'Ivoire…

Woodside Wraps Buy of Cairn's Interests Offshore Senegal

Dec 23, 2020

Australian oil and gas giant Woodside Energy has completed the acquisition of Cairn's stake in Senegal's Rufisque Offshore, Sangomar Offshore, and Sangomar Deep Offshore (RSSD) joint venture, developing the Sangomar offshore oil field.As previously reported…

Trident Energy Books Vantage Jack-Up for E. Guinea Drilling

Dec 21, 2020

Offshore drilling contractor Vantage Drilling has won a two-well contract for its Sapphire Driller jack-up rig.The rig will drill for Trident Energy in Equatorial Guinea, starting in the second quarter of 2021. While Vantage Drilling did not share the financial details of the deal…

Flurry of Charters for DOF Subsea

Dec 18, 2020

Offshore vessel operator DOF Subsea has said it has secured several new contracts in the North Sea, Mediterranean, and Africa, however, without sharing the clients' identity.DOF Subsea said Friday that contracted work included a number of turnkey…

Energean Wraps Edison E&P Buy

Dec 17, 2020

Oil and gas company Energean has said it has completed its acquisition of Edison Exploration & Production from Edison.The gross consideration for the transaction, as at the locked box date of 1 January 2019, is $284 million and the final net consideration (net of cash acquired)…

Remus Horizons Exploring Takeover of Australian Oil Firm Far

Dec 17, 2020

Oil and gas explorer Far Ltd said on Thursday it received a A$209.6 million ($159.15 mln) all-cash takeover proposal from private investment firm Remus Horizons PCC Ltd.The offer values Far at 2.1 Australian cents per share, representing a premium of 90…

Chariot Agrees Key Terms for Rissana License Offshore Morocco. Award Expected in 2021

Dec 14, 2020

OIl and gas firm Chariot Oil & Gas said Monday it has negotiated the key terms of a new license, Rissana Offshore ('Rissana') in Morocco.  The formal award of the license is anticipated to occur in 2021 and is subject to the normal Moroccan regulatory procedures and approvals…

Modec Nets Sangomar FPSO Operations and Maintenance Deal

Dec 14, 2020

Japanese FPSO contractor Modec has won a contract with Woodside for the operations and maintenance of the Sangomar FPSO in Senegal.The deal follows a contract signed in January for Modec to deliver the FPSO for Sangomar field development  - Senegal's first offshore development…

Vroon PSVs Support ENI's Drilling Campaign Offshore Mozambique

Dec 11, 2020

Italian oil and gas company Eni has chartered two Vroon platform supply vessels to support its offshore drilling project in Mozambique.Vroon said this week that the contract with ENI was on a long-term drilling project, with Vroon providing…

Kosmos Energy Completes Sale of Frontier Exploration Assets to Shell

Dec 10, 2020

London-listed oil and gas company Kosmos Energy has partially completed the previously announced sale of its frontier offshore oil and gas exploration assets to Shell, with the South Africa transaction expected to complete in 2021.Under the agreement first announced in September…

Africa Energy VP: Luiperd Offshore Discovery Proof South Africa is a World-class Hydrocarbon Spot

Dec 09, 2020

French oil major Total in October struck its second significant discovery offshore South Africa, at the Luiperd-1X well.Luiperd well was drilled to a total depth of about 3,400 meters and encountered 73 meters of net gas condensate pay in well-developed good quality Lower Cretaceous reservoirs…

MAN Compressors for Senegal's First FPSO

Dec 08, 2020

Japanese FPSO contractor Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for Woodside-operated Sangomar field, offshore Senegal.Sangomar, located approximately 100 km south of Dakar, Senegal, together with the nearby Rufisque and Sangomar Offshore blocks…

Vaalco Wraps Gabon 3D Seismic Survey

Dec 07, 2020

Oil and gas company Vaalco has said it has completed the acquisition of nearly 1,000 square kilometers of new dual-azimuth 3-D seismic data over the entire Etame Marin block, offshore Gabon.Vaalco will use the data to optimize and de-risk future…

Angola: Sonangol to Accelerate Asset Sales, Reform Despite COVID-19

Dec 03, 2020

Angola’s state oil giant Sonangol will next year accelerate reforms and efforts to raise revenue after the pandemic drained investor interest in an asset sale that has so far netted only around $60 million, its CEO told Reuters in a rare interview…

Woodside Blocks Another Firm from Joining Offshore Senegal Block

Dec 03, 2020

Australian oil and gas company Woodside, the operator of the offshore area in Senegal containing the Sangomar oil field development, has blocked India's ONGC from joining the project.To remind, FAR, Woodside's partner in the project, in November…

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