US operator ConocoPhillips has agreed to acquire a 35% stake in three contiguous blocks offshore Senegal, West Africa, through two deals announced today. ConocoPhillips is to acquire a 25% interest in the three blocks from Scotland-based…
Wood Group Kenny (WGK) is to support BP's offshore Angola operations under a new engineering services contract worth US$18 million. The contract, lasting 12 months, covers two subsea operations support scopes: one is for work associated with the Block 18 Greater Plutonio operations group…
Houston-based Cobalt International Energy has said it expects the results of two deepwater exploration wells offshore Angola during the second half of this year. It is drilling the Mavinga #1 pre-salt exploratory well with Diamond Offshore's Ocean…
The offshore oil and gas industry has changed tremendously over the last several years. Moving into deeper waters has created challenges in operations that would be considered commonplace in shallow water projects. Deeper water has not only made tasks more complicated…
Irish independent Circle Oil Plc announced today that its subsidiary, Circle Oil Tunisia Ltd., has increased its stake in the offshore Mahdia license to 100%, after acquiring the remaining 30% working interest from Tethys Oil & Mining Inc…
BG Group has made another gas discovery on its latest exploration well offshore Tanzania, adding to the potential for LNG development in the country. The Mkizi-1 well in Block 1, was drilled by the Deepsea Metro I drillship in 1301m deep water…
Technip has been awarded two contracts to supply flexible pipes for Total's Egina field offshore Nigeria. These contracts cover the qualification and supply of 12 dynamic flexible jumpers from 3.5' to 12.5' for oil production, gas lift…
FMC Technologies, Inc. received an order from Total Upstream Nigeria Ltd. for subsea equipment for the Egina field. It has an estimated value of $1.2 billion. The supply scope includes subsea trees and wellheads, manifolds, installation tooling…
Saipem has been awarded the contract for the Nigerian subsea development of the Egina field, in a 1700m water depth. It is worth approximately $3 billion. Fabrication will be performed almost entirely in Nigeria and most in the Saipem Rumoulumeni Yard in Port Harcourt…
BG Group has made a natural gas discovery in the Ngisi-1 well in Block 4 off Tanzania. The well, drilled by the Deepsea Metro 1 drillship, appraised the Chewa gas field resulting in an upgrade in estimated recoverable resources in the block…
Eco Oil & Gas (Atlantic) is planning seismic surveys after receiving a one-year extension on two exploration licenses off Namibia. The extension to the Guy (2111B & 2211A) and Sharon (2213A & 2213B) licenses, both in the Walvis basin, will…
CNR International signed a production sharing contract (PSC) for Block CI-12 off Cote d’Ivoire (Ivory Coast), with a 60% working interest. CNR International will operate the block, located west of the company’s Espoir and Baobab fields, in 250-300m water depths…
SOCO Intertnational spud LDKEM-1, an exploration well on the Lideka East Marine prospect. The well will test the potential of a post-salt structure of the Sendji formation in the Lower Congo Basin, off Pointe Noire, Congo, in the Marine XI license…
Seadrill has signed a contract with Chevron China Energy Company for the newbuild ultra-deepwater drillship West Tellus in support of Chevron's affiliated global exploration program. The contract will start in China immediately on shipyard delivery of the unit…
Recent offshore drilling by Apache and Anadarko help gauge the potential of the Lamu basin. Vision 2030 is Kenya’s development strategy which aims to transform the economy and “create a globally competitive and prosperous nation with a high quality of life by 2030…