Offshore Africa News - page 23


Chariot Makes Progress with Anchois Gas Project Offshore Morocco as FEED Complete

Mar 08, 2023

Africa-focused oil and gas company Chariot said Wednesday it had completed the Front-End Engineering and Design ('FEED') on the key components of its flagship Anchois gas development project ('Anchois'), offshore Morocco. The Anchois gas field is located within the Lixus Offshore license area…

Tullow Keeps 2023 Outlook for Lower Cash Flow, Shares Dip

Mar 08, 2023

Tullow Oil on Wednesday kept its forecasts for steady output and lower cash flow for this year, sending its shares lower, even as it reported higher free cash flows for 2022. The company plans to invest $400 million this year, mainly on its flagship fields in Ghana…

Tanzania, Equinor, and Shell Complete Negotiations for $30B LNG Terminal

Mar 07, 2023

Negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Norway's Equinor and Britain's Shell are complete and contract preparations are underway, Tanzania's energy ministry said.The development…

Exxon Seeks to Unblock Stalled Sale in 'challenging' Nigeria - Top Executive

Mar 06, 2023

Exxon Mobil Corp hopes to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, a top Exxon executive told Reuters. The largest U.S. oil company will keep its deep…

PGS Mobilizes Ramform Titan Vessel for Offshore Namibia Survey

Mar 03, 2023

PGS has signed a 3D exploration acquisition contract for work offshore Namibia. The Norwegian company said in a stock exchange announcement that it was mobilizing its Ramform Titan vessel for the survey. The acquisition is expected to be completed in late May 2023…

Woodside Eyes 56% Stake in Namibian Offshore Block

Mar 02, 2023

The Australian oil and gas company Woodside Energy has entered into an agreement for an option to acquire a 56% Participating Interest in Petroleum Exploration License 87 (“PEL 87”) offshore Namibia.This is according to the Canadian company Sintana…

Saipem to Restart Mozambique LNG Project for TotalEnergies in July

Mar 02, 2023

Saipem has agreed to restart a liquefied natural gas (LNG) project in Mozambique for TotalEnergies in July, the chief executive of the Italian energy services group said on Tuesday.The project, which would be the first onshore development of a LNG plant in the African country…

TechnipFMC Wins "Substantial" Flexible Pipe Contract in Angola

Mar 02, 2023

Oilfield services firm TechnipFMC has won a contract with Azule Energy to supply flexible pipe for the Agogo Integrated West Hub Development Project, offshore Angola. Azule Energy, a BP and Eni joint venture in Angola, is the operator of Block 15/06 in Angola offshore…

Saipem Scores $400M Contract for Freshly Chartered 7th Gen. Deepwater Drillship

Mar 01, 2023

Italian oilfield services company Saipem said Wednesday it had secured a $400 million contract for the Deep Value Driller drillship in the Ivory Coast with the joint venture between Eni Côte d'Ivoire Ltd. and Petroci. The contract length was not disclosed…

Baker Hughes Lands Major Subsea Equipment and Services Deal with Azule Energy

Feb 28, 2023

Oilfield services giant Baker Hughes said Tuesday it had scored a 'major' contract to provide subsea equipment and services for the Angolan company Azule Energy's Agogo offshore oilfield. Azule Energy, the Angolan joint venture of oil companies BP and Eni…

Yinson Bags $5.3B Deal for its First FPSO Project in Angola

Feb 28, 2023

Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of the FPSO for the  Agogo Integrated West Hub Development Project in Angola (“FPSO Agogo”)…

Russia's Lukoil Looks to Sell Stake in Ghana's Pecan Offshore Field

Feb 27, 2023

Russia's Lukoil is in talks with Indian companies to sell its stake in the Pecan oilfield off Ghana, which could help to break an impasse in submitting development plans for the field, sources familiar with the matter said. Talks between Lukoil officials and Indian companies…

BP to Use Gravity-based Structure for Phase 2 of Greater Tortue Ahmeyim Development

Feb 27, 2023

Oil and gas major BP on Monday confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, that it will, together with its partners in the project offshore Mauritania/Senegal…

Flexible Pipes to Extend the Life of Girassol Offshore Field in Angola

Feb 21, 2023

TechnipFMC has won a contract with TotalEnergies to supply flexible pipe and associated hardware for what it said was the French oil major's first subsea life extension project in West Africa.The project, in Angola's offshore Block 17, is related to the Girassol field life extension…

Panoro Energy, Kosmos Energy, and GEPetrol partner in Equatorial Guinea Offshore Block

Feb 20, 2023

Oil and gas company Panoro Energy has been awarded a 56 percent stake in and operatorship of Block EG-01, located offshore Equatorial Guinea. Partners in the block will be Kosmos Energy and GEPetrol.Block EG-01 borders both Block G where Panoro has a 14…

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