Offshore Africa News - page 144


Paenal shipyard takes shape

Oct 06, 2014

SBM Offshore’s Paula Farquharson-Blengino provides an inside look at the company’s Angola shipyard, a joint venture between partners Sonangol and DSME. Paenal is the first yard in West Africa with the capacity to facilitate mega FPSO vessels…

Efficiency on a daily basis

Oct 06, 2014

Technology is there for companies to use and take advantage of, but is it being used as much as it could be to gain insight into operations. Gregory Hale takes a look. With the digital oilfield…

Can Nigeria secure its golden geese?

Oct 06, 2014

Since the first successful oil well was drilled by Shell-BP in 1956 at Oloibiri, Nigeria has acclaimed the status of Africa’s largest oil producer and the sixth largest in the world. However, the Nigerian oil and gas industry has been engulfed in challenges with few success stories…

Upstream prospects stay bright for West Africa

Oct 03, 2014

N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry…

Meeting demand

Oct 03, 2014

GE launched its new technology center and a new deepwater vertical Xmas tree at this year’s ONS. Meg Chesshyre learned more. The inauguration of GE’s new technology solutions center, including a half-size model of its new deepwater Xmas tree…

Subsea7 taps Trelleborg for Nigeria

Oct 03, 2014

Subsea 7 awarded Trelleborg’s offshore unit a contract for phase two of the Erha North project, off Nigeria. Under the contract, Trelleborg will supply several tonnes of its high-temperature advanced silicone insulation solution, Vikotherm S1…

Egypt repays $1.5 billion to oil firms

Oct 03, 2014

Egypt has paid off US$1.5 billion of its debt to foreign oil and gas companies, the country's petroleum minister has announced in a statement, according to Egyptian media. The payment, announced a day after the Egyptian government signed $1…

Teledyne picks up Kaombo contract

Oct 03, 2014

California-based Teledyne Technologies' Oil & Gas group has been awarded a contract by Aker Solutions for materials and engineering support covering subsea electrical and optical wet-mate interconnects for Total's Kaombo develpoment offshore Angola…

Ebola delays Exxon’s Liberia plans

Oct 02, 2014

ExxonMobil CEO Rex Tillerson (pictured) said on Thursday that the Ebola virus has disrupted plans to drill off Liberia, Reuters reported. Plans to drill the Mesurado-1 wildcat, located in block LB-13, were delayed in July, according to partner Canadian Overseas Petroleum Ltd…

The third 3D industrial revolution

Oct 02, 2014

3D or additive printing has caught the world’s imagination—with the potential for human bone replacements and even bio-ink being mooted. Elaine Maslin found out more. Maersk Oil’s digital core laboratory in Qatar…

Adept wins West African contracts

Oct 02, 2014

Aberdeen-based Adept Solutions secured three contracts worth a total of US$2.4 million in West Africa. With the three contracts, Adept will implement its hydrocarbon accounting system, Axis, as part of projects on behalf of the Nigerian Petroleum Development Co…

BG's Tanzanian finds upped to 17Tcf

Oct 02, 2014

BG Group is now sitting on more than 17Tcf of gas offshore Tanzania after its latest discoveries in the Kamba-1 well in Block 4, according to partner Ophir Energy.  The well, drilled using the Deepsea Metro I drillship in 1379m water depth…

Dana Gas plans Egyptian drilling, wins two Nile Delta blocks

Oct 01, 2014

Dana Gas Egypt signed a gas production enhancement agreement (GPEA) with the Egyptian Natural Gas Holding Co. (EGAS) and the Egyptian General Petroleum Co. (EGPC). According to the agreement, announced 30 September, Dana Gas will begin a 7-year program in the next few months…

Maritime security market to reach $20 billion

Sep 30, 2014

According to a study published this month by US-based research and marketing company Markets and Markets, the maritime security industry will be worth around US$20 billion by 2019. The major drivers behind the exponential increase of…

CAMAC increases recoverable resources off Nigeria

Sep 29, 2014

CAMAC Energy's four offshore Nigeria prospects have increased the company’s unrisked P50 recoverable resources to approximately 3 billion boe. Map of Nigerian prospects from CAMAC   The…

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