Falcon Oil Holding Angola News

 

Eni begins West Hub production off Angola

Dec 08, 2014

Italian giant Eni began production of first oil from its West Hub Development project in Block 15/06, offshore Angola. N’Goma. From SBM Offshore.   Block 15/06 covers about 2984sq km…

Eni finds oil in Angola

Sep 17, 2014

Eni has discovered oil in Block 15/06, in the Ochigufu exploration prospect offshore Angola. ENI said the find was 'important' and would be fast tracked to production through the Ngoma floating production, storage and offloading vessel on the company's West Hub development…

Fugro opens Angola facility

Jul 22, 2014

Fugro has opened a new, 7000sq m facility in the SONILS Oil Service Centre in Luanda, Angola. Angola is now the second largest oil producer in Sub-Saharan Africa, after Nigeria, the firm said. “Our new site demonstrates Fugro’s strong commitment to the Angolan market…

N'Goma ready for sailaway

Jul 21, 2014

Sonasing's FPSO, the N'Goma, is ready to sail away from the Angolan Paenal Yard, Port Amboim, after a naming ceremony, held Saturday (19 July). The N'Goma will be moved to ENI's West Hub project in Angola offshore Block 15/06, where it…

CLOV in production

Jun 12, 2014

Total’s CLOV deepwater oil development offshore Angola in Block 17, began production on schedule, the French company announced on 12 June. The development is expected to reach daily production capacity of 160,000bbl in the coming months…

Total contracts Ocean Rig drillship

Jun 05, 2014

Ocean Rig UDW Inc., a subsidiary of Athens-based DryShips Inc., announced that it signed a six-year contract with Total E&P Angola for drilling operations in Block 32 offshore Angola, using the ultra-deepwater drillship  Ocean Rig Skyros…

Statoil exits Angola block

May 12, 2014

Statoil announced plans to divest its interest in the ENI-operated block 15/06 offshore Angola for US$200 million. The transaction, which will be effective 1 January 2013, means concessionaire Sonangol EP will pick up Statoil's 5% participating interest…

Statoil farms down in Angolan pre-salt

Apr 03, 2014

Statoil has signed an agreement to farm down a 15% interest in WRG Angola Block 39 Ltd. offshore Angola in the Kwanza pre-salt basin. WRG is a 50/50 joint venture comprising White Rose Energy Ventures and Genel Energy plc. Statoil is operator of the block…

Cobalt touts Angola find

Feb 27, 2014

Houston-based Cobalt International Energy, Inc. confirmed the existence of light oil and condensate at its Orca (formerly Baleia) deepwater pre-salt exploratory well offshore Angola. The Orca No.1 well, located in block 20 at a water depth of 1880m…

Total offloads Angola block

Feb 04, 2014

Total is to sell its 15% interest in the offshore Angola Block 15/06 to Sonangol E&P for about $US750 million. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus…

3D EM contract agreed offshore Angola

Oct 21, 2013

EMGS has signed a contract worth US$8 million with Maersk Oil Angola to carry out 3D electromagnetic data acquisition. It is expected the project will start this month, following mobilisation of the EM Leader vessel. “We are excited…

Sinopec buys into BP's PSVM

Jun 26, 2013

Marathon Oil has agreed to sell its 10% working interest in Block 31, off Angola to China Petrochemical Corp. (Sinopec) for US $1.5 billion.. The companies anticipate closing 4Q 2013, with an effective date of January 1, 2013. The transaction will bring Sinopec’s stake in Block 31 to 15%…

Chevron Confirms First Cargo from Angola LNG

Jun 18, 2013

Chevron Corporation’s subsidiary Cabinda Gulf Oil Co. Ltd. today confirmed that initial production of liquefied natural gas (LNG) has commenced at the Angola LNG project. Angola LNG is one of the largest energy projects on the African continent…

Chevron advances Mafumeira Sul

Feb 07, 2013

By 2015 production to top 110,000 b/d of oil The central processing platform of the Mafumeira Sul project offshore Angola (Image: Chevron)Chevron subsidiary Cabinda Gulf Oil Co. Ltd. will proceed with the development of the Mafumeira Sul project located offshore Angola…

GE forms Angola subsea JV

Jan 28, 2013

GE and GLS create Angolan manufacturing pact GE Oil & Gas CEO Dan Heintzelman speaks at the 2013 Annual Meeting in Florence, Italy.GE Oil & Gas has formed a new joint venture with Angola's GLS Holdings SA that will supply subsea equipment to the country's oil and gas industry…

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