Africa-focused oil company Lekoil on January 2 said it had secured $184 million (gross) of funding for the appraisal drilling and initial development program activities on the Ogo field, in the OPL 310 block, offshore Nigeria.The loan, Lekoil said at the time…
London-listed Zenith Energy has skipped „a major hurdle“ towards acquiring majority rights in Congo focused Anglo African Oil & Gas Congo SAU.Namely, Anglo African Oil & Gas’ shareholders have passed the resolution to approve the sale of an…
Equatorial Guinea’s minister for mines and hydrocarbons Gabriel Mbaga Obiang Lima has signed several MoU with bidders of the country’s 2019 Licensing Round.The government of Equatorial Guinea last year offered 27 free blocks for exploration…
London-listed oil company Lekoil has suspended trading of its shares after the Qatari Investment Authority questioned the validity of its recently announced funding agreement.Lekoil, focused on oil and gas activities in Africa, earlier in January…
Equatorial Guinea will add 20,000 barrels per day (bpd) of oil production by October, the country's oil minister said on Sunday. 'We expect an increase this year of around 20,000 bpd additional because of the new discoveries,' Gabriel Obiang Lima told reporters on the sidelines of an energy event…
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many exploration and production (E&P) boardrooms in 2019, but the impact on exploration drilling is not yet apparent. The global high impact well[1] count in 2019 was 91 wells…
Subsea equipment specialist Deep Down has received orders from two independent oil and gas operators for emergency umbilical repairs in the U.S. Gulf of Mexico and West Africa. The company said Friday that both projects included design, engineering…
Offshore installation and construction specialist Subsea 7 has said it has won a 'very large' subsea equipment contract from Woodside for the Sangomar project offshore Senegal.Subsea 7 has won a contract in cooperation with Schlumberger's One…
Japanese FPSO specialist Modec has confirmed it has secured an order from Woodside for an FPSO to be deployed at the Sangomar project offshore Senegal.The confirmation of order came Friday just after Woodside had announced its field development…
Optimum and Lekoil, partners in the OPL 310 license offshore Nigeria, have kicked off the site survey ahead of the planned drilling expected later this year.'The marine vessel, conducting the site survey, arrived at site location yesterday and…
Woodside has received final approval for its Sangomar oil field development plan in Senegal, and the Australian company has now entered the 'execute phase' of activities. The FDP approval comes just days after Woodside and its partners received…
One person died, and five others became seriously ill after reportedly drinking cleaning liquid earlier this week aboard a floating production, storage and offloading unit (FPSO) being transported by Boskalis' Vanguard heavy-transport vessel…
Africa focused oil and gas firm Vaalco Energy has brought online another well at the Etame field offshore Gabon. The well Etame 11H well has been producing at a higher than anticipated rate, the company said Wednesday.The Etame 11H well is the second development well in Vaalco0s 2019/2020 program…
Australian oil and gas firm Woodside has received the Senegal government exploitation authorization for the Sangomar field development offshore Senegal.Woodside filed the final development plan for the Sangomar oil field early in December 2019…
Gambia’s petroleum sector objective in the National Development Plan (NDP) of 2018-2021 is shaping up even before the year 2020 gains momentum after Australian firm FAR Ltd announced a key offshore data acquisition project in the West African country…