Offshore Africa News - page 60


Shearwater Starts 4D Survey for TotalEnergies Offshore Angola

Oct 14, 2021

Marine seismic services firm Shearwater GeoServices has kicked off a 4D monitor survey for TotalEnergies' Angolan subsidiary Total E&P Angola.The survey comprises a two-month Wide Azimuth Towed Streamer (WATS) 4D monitor survey in the Louro-Mostarda Development areas of Block 32…

Occidental Sells Stakes in Jubilee and TEN Fields Offshore Ghana

Oct 13, 2021

Occidental Petroleum Corp agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corp, the oil and gas producer said on Wednesday, as it looks to cut the debt it took on with its purchase of Anadarko Petroleum…

Fugro Supports Saipem's Construction Work at BP's Greater Tortue Ahmeyim Project

Oct 11, 2021

Italian energy industry services firm Saipem has awarded Fugro a monitoring contract to support the construction of an LNG jetty for BP’s Greater Tortue Ahmeyim field offshore Senegal/Mauritania.Starting in December, Fugro will deploy its InclinoCam…

BW Energy Gets Hold of Two Offshore Blocks in Gabon

Oct 11, 2021

Oil and gas company BW Energy has been provisionally awarded operatorship of two blocks in the 12th Offshore Licensing Round in Gabon.The award by the Direction Generale des Hydrocarbures (DGH) in Gabon is subject to finalizing the production sharing contracts (PSC) with the DGH…

Nigeria Incorporates State Oil Firm with $485M Capitalization

Oct 08, 2021

Nigeria's state-oil firm NNPC is now a fully incorporated company in compliance with a new petroleum law, President Muhammadu Buhari said on Friday.Buhari, who is also petroleum minister, signed an oil bill into law last month that had been in the works for nearly two decades…

UTEC Deploys iXblue's Subsea Positioning Technology on Ultra-deep Water Project

Oct 07, 2021

Offshore survey services company UTEC, an Acteon subsidiary, has deployed iXblue new subsea positioning technology on 'a world-class' ultra-deepwater field development project in Africa, with depths below 2,000 meters.According to iXblue, its sparse LBL solution…

West Africa's Deepwater Rig Utilization Could Triple by 2022

Oct 04, 2021

Offshore drilling rig contracting activity in West Africa is finally picking up as confidence slowly returns to the region.Esgian has previously reported that the US Gulf of Mexico and Brazil have already witnessed substantial recovery in the deepwater rig market…

Eni CEO, Ivory Coast President Discuss Future Plans for Giant Offshore Discovery

Oct 04, 2021

Ivory Coast President Alassane Ouattara and Eni CEO Claudio Descalzi met Friday to discuss the progress of Eni's activities in the country, following the giant offshore oil discovery of Baleine 1-X. As previously reported, Eni in September announced the major oil discovery in block CI-101…

As OPEC Reopens the Taps, African Giants Losing Race to Pump More

Sep 27, 2021

Top African oil exporters Nigeria and Angola will struggle to boost output to their OPEC quota levels until at least next year as underinvestment and nagging maintenance problems continue to hobble output, sources at their respective oil firms warn…

Eni Brings Online Another Oil Field in Angola via Armada Olombendo FPSO

Sep 24, 2021

Italian oil giant Eni has kicked off production from Cabaça North deepwater oil field located in Block 15/06 offshore Angola.The field has been developed as a tie-back to the Armada Olombendo FPSO.The Cabaça North development, with an expected peak production rate in the range of 15 kbopd…

Nigeria Sees 2022 Oil Output of 1.88 mln bpd, GDP Growth of 4.2%

Sep 23, 2021

The Nigerian government expects the country to produce 1.88 million barrels per day of crude oil in 2022 and will use a benchmark oil price of $57 per barrel for its budget planning, according to a document approved by the Senate on Wednesday…

Halliburton to Assist Chariot with Offshore Drilling Operation in Morocco

Sep 23, 2021

Oil and gas firm Chariot has signed a binding letter of intent with oilfield services giant Halliburton for services on Chariot's planned Anchois gas appraisal well within the Lixus licence, offshore Morocco.The agreement with Halliburton follows…

Cameroon: Tower Resources Nears Thali Block Farm-out

Sep 21, 2021

Africa-focused oil and gas firm Tower Resources has said that the documentation for its proposed farm-out of a share in the Thali offshore block in Cameroon has been finalized and submitted to the country's authorities for approval.As reported in August…

TMC to Deliver Compressors for Woodside's Sangomar FPSO

Sep 21, 2021

Oslo-based offshore compressor firm TMC Compressors has won a contract to supply the marine compressed air system for Woodside's Sangomar FPSO, to be deployed offshore Senegal.TMC will deliver a large marine compressed air system to the FPSO…

Tullow Swings to Profit. CFO to Step Down

Sep 15, 2021

Africa-focused Tullow Oil's finance chief Les Wood will step down by the end of March, the oil and gas company said on Wednesday, after it swung back to profit in the first half of 2021.Tullow, which has been operating in Africa since 1986,…

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