Offshore Africa News - page 80

 

Ghana Instructs Eni and Local Producer to Combine Oil Fields

May 08, 2020

Ghana has directed Eni SpA and Springfield E&P to begin talks to combine their adjacent oil and gas fields, according to a letter seen by Reuters.The April 9 letter from Energy Minister John-Peter Amewu to the two companies says seismic data indicates that Eni's Sankofa offshore field…

WesternGeco Wraps OBN Survey at Neptune's Egypt Block

May 07, 2020

Schlumberger's seismic division WesternGeco has completed an ocean bottom nodes (OBN) multiclient survey in the North West El Amal block, offshore Egypt, delivering promising results for further analysis, Neptune Energy, which prefunded the project…

Falcon ROV Chosen for Project off West Africa

May 06, 2020

A service provider in the West African offshore energy sector has ordered a Saab Seaeye Falcon, fully fitted for survey work.Lucas Inyama, Technical Director of Nigeria-based Geocadinal Integrated Services, said, “We ordered a survey customized…

Nigeria: No 'Substantive' Oilfield Bid Round Until Prices Recover

May 06, 2020

Nigeria will not hold 'substantive' oilfield bid rounds until prices recover, the head of the state oil company said on Tuesday in a web conference.Mele Kyari, group managing director of the Nigerian National Petroleum Corporation, also said…

Equatorial Guinea: Oil Firms Get Extension to Exploration Plans

May 04, 2020

Equatorial Guinea has granted oil and gas companies two-year extensions on their exploration programs, a statement from the hydrocarbons minister said.The move is an effort to keep investments flowing into the nation's energy industry amid a…

Oil Majors, Governments Haggle over Oil Output Cuts

Apr 28, 2020

From Kazakhstan and Azerbaijan to Nigeria and Angola, oil majors are haggling with national governments over how to share out deep production cuts that add to their pain from low oil prices and depressed fuel sales because of the coronavirus pandemic…

Equatorial Guinea: 30 FPSO Workers Test Positive for Coronavirus

Apr 27, 2020

Thirty workers at an offshore oil platform in Equatorial Guinea, operated by ExxonMobil have tested positive for the new coronavirus, two sources close to the ministry told Reuters, one of the largest reported clusters in the sector so far.It…

Nigeria Oil Export Plans Put Off amid Talks with Majors on Cuts

Apr 27, 2020

Nigeria's state oil company has delayed publishing its future oil export plans as it negotiates with local companies and international majors about how to cut output in line with a global deal on production curbs, trading sources said.Official selling prices (OSPs) for Nigerian oil…

Angola's Sonangol Starts Selling Stakes in Firms

Apr 27, 2020

Angolan state oil company Sonangol said on Friday it has opened a public tender to sell its stakes in some private firms as part of a government bid to privatize key state assets including parts of Sonangol itself by 2022.Describing Sonangol as an 'octopus…

Total: 14 Coronavirus Cases at Congo Oil Operations

Apr 27, 2020

French energy major Total said on Sunday that 14 workers including two of its staff have tested positive for the new coronavirus at its sites in Congo Republic, but output at the 190,000 barrels per day operations have not been affected.Congo…

Angola Says Producer Cuts Insufficient, More Action Needed

Apr 24, 2020

Angola sees an oil production curb by OPEC, its allies and other top producers as insufficient to balance global markets, state news agency ANGOP quoted resources and petroleum minister Diamantino Azevedo as saying on Friday.'It is up to everyone to understand that…

SEC Drops Probe into Shell's Offshore Nigeria Deal

Apr 24, 2020

The U.S. Securities and Exchange Commission has dropped its inquiry into Royal Dutch Shell's 2011 acquisition of an offshore oil block in Nigeria, the Anglo-Dutch company said on Thursday.'The SEC has notified us that it has closed its inquiry into Shell in relation to OPL 245…

SEC Closes Probe Into Eni's Dealings in Nigeria, Congo

Apr 22, 2020

The U.S. SEC has closed its investigation into Eni over the Italian oil major's activity in Nigeria and the Congo without recommending further action, Eni said on Wednesday.'Based on the information currently available to the SEC, it is otherwise…

Tullow Oil Names CEO

Apr 21, 2020

London-listed oil company Tullow Oil has appointed Rahul Dhir as Chief Executive Officer and an Executive Director of the Group.Dhir will begin under his new role from July 1, 2020 and Dorothy Thompson, currently, Executive Chair of Tullow will…

Nigeria: Union Suspends Strike after Exxon Workers Freed

Apr 20, 2020

A major Nigerian oil union has suspended planned industrial action after 21 Exxon Mobil Corp. employees quarantined last week after their arrest for violating coronavirus-related movement restrictions were freed, it said on Sunday.The governor of southern oil hub Rivers State…

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