Area 4 is the jewel in Italian explorer Eni’s African crown. Meg Chesshyre reports on the company’s plans to get its large gas discoveries off Mozambique to market. Map of Mozambique. From EIA. Mozambique’s…
Cobalt International Energy appointed Shashank V. Karve as executive vice president, Cameia development. Karve joined Cobalt in December 2014, and is accountable for execution of the Cameia development project to production, ensuring safe…
The latest drilling campaign offshore the Falkland Islands is expected to start next month, partner Falkland Oil and Gas (FOGL) said this morning. Announcing that the rig for the campaign, Ocean Rig's Eirik Raude drilling rig has started mobilization from West Africa…
James Onifade discusses how the first managed pressure drilling operation for an African operator accurately detected and circulated a small influx out of the well, without having to shut it in or threatening the safety of the rig crew. The…
EMAS AMC secured multiple new awards valued at more than US$65 million. Scope of work includes project management, engineering, and transportation and installation works for a floating production storage offloading (FPSO) vessel in Africa…
Africa focused small-cap player Azonto Petroleum is continuing its work on the offshore Ivory Coast Gazelle field, despite difficulties in the market. A field development plan, submitted by operator and 87% equity holder Vioco, which is 35% owned by Azonto…
Malaysia's Yinson Holdings has won a US$2.5 billion FPSO charter and operation contract with Eni on the deepwater Offshore Cape Three Points Block (OCTP), offshore Ghana. The contract, agreed between Eni and Yinson companies Yinson Production…
Italian explorer Eni sanctioned the Offshore Cape Three Point (OCTP) deepwater development project that will provide domestic gas supply to Ghana’s thermal power plants for more than 15 years. Image from Eni…
Egypt’s bid to pay off its mountain of debt to international oil companies and improve contract terms could create a rush of activity to make up for lost time. Patrick Werr reports. Former chairman of Egypt’s state-owned gas holding company…
Italian explorer Eni obtained a three-year extension for block 15/06, offshore Angola, the company announced on 19 January. Image from Eni. The license lies approximately 350km northwest of Luanda and 130km east of Soyo town…
Italian giant Eni signed two concession agreements to explore two blocks in the Mediterranean Sea offshore Egypt as part of the 2013 Egyptian General Petroleum Corp. (EGAS) bid round. Image from Eni. Blocks…
Hydrocarb Energy Corp. is preparing to issue request for proposals to four seismic acquisition contractors to complete a 750km 2D seismic program on its 21,300sq km Owambo basin concession in northern Namibia. The concession comprises Blocks 1714A…
ION Geophysical and Somalia’s Puntland Petroleum and Minerals Agency (PPMA) entered into an agreement to complete a multi-client 2D regional seismic survey offshore Puntland, Somalia. Image from ION Geophysical…
Northern Offshore International Drilling Co. is in the midst of filing a US$50 million claim against Camac Energy for canceling the Energy Searcher drilling contract earlier this month. The Energy Searcher…
Middle East and North Africa focused oil and gas exploration and production firm Circle Oil is the latest to announce it has received a debt repayment from the Egyptian government. The company received US$15 million, as part of the recent…