Houston independent Hyperdynamics Corp.’s wholly owned subsidiary, SCS Corp. (SCS), and the government of the Republic of Guinea have entered into a one-year extension for a production sharing contract (PSC) offshore Guinea. The deal marks a second amendment to the 2006 PSC…
Houston’s Vaalco Energy has run into more trouble offshore Gabon, with electrical submersible pumps (ESP) continuing to fail, leaving a well shut-in. Map from Vaalco. Vaalco has experienced several issues with ESPs in recent months…
Pura Vida is searching for farm out opportunites with industry partners for the commercialization of the Loba complex offshore Gabon that has an 81% chance of commercial success, according to the company. Funding the forward work program for the Nkembe block…
Eni’s Nooros field offshore Egypt reached a new record in 13 months of 128,000 boe/d, with plans to drill more wells in the area. Image from Eni. The Italian giant confirmed production at Nooros reached 700 MMcf/d…
Petrel and its partners have met for discussions with Ghanaian officials, with negotiations now underway for a possible award of deepwater Tano basin acreage, as well as replacement acreage for the company’s signed petroleum agreement on Tano 2A Block…
FMC Technologies has won a second award for its new subsea multiphase boosting system, this time with Italian giant Eni for its Block 15/06 West Hub Development, off the coast of Angola. The N'Goma…
Italian giant Eni has drilled its fifth well on the Zohr field offshore Egypt, confirming its potential to contain some 30 Tcf, with hopes of first gas by the end of next year. Map of Zohr, from Eni…
FAR Ltd. has upgraded its contingent resources estimates for Cairn Energy’s SNE oilfield offshore Senegal in West Africa, and led the firm to suggest a standalone floating production and storage offloading (FPSO) development for the field…
The market for floating production systems may have stalled, but FPSs will still be a key part of the offshore technology tool kit, outlines Douglas-Westwood’s Ben Wilby. The FPSO Cidade de Saquarema…
CGG signed an agreement with GNPC Operating Services Co. (GOSCO), an independent Ghanaian E&P services company, to form a joint-venture company dedicated to conducting high-end 2D, 3D and 4D marine seismic acquisition and related services in the territorial waters of the Republic of Ghana…
Houston-based Vaalco Energy’s Avouma project is back online offshore Gabon, West Africa, following issues with its electric submersible pump (ESP) that date back to late June. Map from Vaalco. According to Vaalco…
FAR Ltd. is exercising its pre-emption rights over the proposed sale of ConocoPhillips interests in Senegal to Woodside Petroleum, a deal that was struck in July. Map from FAR. In mid-July…
Tullow Oil has achieved first oil from the Tweneboa, Enyenra, Ntomme (TEN) fields offshore Ghana with MODEC’s Prof. John Evans Atta Mills floating production and storage offloading (FPSO) vessel. Prof…
Sparrows Group and SPIE Oil & Gas Services have entered into a global agreement to work in collaboration to support the energy sector. The deal will see the companies work together to initially deliver their collective service offering…
Vaalco Energy’s experienced a 72% increase in its revenue in Q2 2016, in addition to a new setback offshore Gabon with another failed electrical submersible pump (ESP) on the Avouma platform. Map from Vaalco…
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