Sterling Energy subsidiary Sterling Cameroon Ltd. has issued a notice of surrender in relation to the Ntem Concession, offshore Cameroon, effective by the end of December 2016. The company does not expect to incur any material costs associated with the surrender…
Cobalt International Energy is setting Angola as its number one priority, as the Houston-based company disclosed a multimillion-dollar loss in Q2 2016 due to a dry well in the Gulf of Mexico. The Rowan Reliance drillship…
Vaalco Energy entered into a deal with Sojitz Etame to acquire an additional 3.23% stake in the Etame Marin Permit, offshore of the Republic of Gabon, West Africa. Gabon operations. Image from Vaalco…
Fugro completed a 33-month period of metocean data acquisition for Hess Ghana Exploration, offshore western Ghana. Measurements were made at three locations in an area offshore western Ghana known as the Deepwater Tano/Cape Three Points block…
Oceaneering’s Justin Pizzitola discusses the use of an open water dual coiled riser based system for rigless stimulation. Back deck of an Oceaneering vessel. Images from Oceaneering International…
Nigeria-focused Sirius Petroleum received approval from the Nigerian Federal Ministry of Environment on its environmental impact assessment survey (EIA) on the Ororo Field Licence, OML 95, which covers the drilling of three wells and the installation of wellhead platforms…
Houston-based Marathon Oil Corp. has achieved first gas production from its new Alba B3 offshore compression platform, offshore Equatorial Guinea, which will help more than double the company’s remaining proved developed reserve base in the West Africa area…
Sea Trucks Group’s Nigerian business, West African Ventures (WAV), has completed the pipelay and construction campaign for Chevron’s Sonam Field development project. The Sonam Field development project is located in shelf concession OML 91…
Hercules Offshore has sold a jackup drilling unit in a US$3.16 million deal with an undisclosed buyer. The Hercules 267, image from Hercules Offshore. The deal, through the company’s subsidiary Hercules International Drilling…
EM&I has been awarded a contract from an international floating production and storage offloading (FPSO) operator for diverless UWILD inspections on an FPSO due to be deployed in Angola. The FPSO will be deployed at Block 15/06 East Hub field development…
CNR International has has exercised an option to extend the fixed term of the lease contract for floating production, storage and offloading (FPSO) vessel Espoir Ivoirien from 2017 to 2022. The vessel produces oil from the Espoir field since 2002…
GC Rieber Shipping has secured a time charter agreement with Technip Angola for the SURF vessel Polar Onyx. The vessel will conduct SURF and construction duties in Angola. The charter commences prompt and lasts for up to two months. The…
Houston-based independent Vaalco has shut-in its South Tchibala 2-H well, offshore Gabon, after the electrical submersible pumps (ESPs) failed late last month. Image from Vaalco. The well…
Two workers from Eni's Nigerian Agip Operating Co. (NAOC) subsidiary were killed in an attack on their boat in the Niger Delta last week, the operator has confirmed. According to reports, a NAOC team of five was attacked on their way…
While outages in Canada and Nigeria have helped a rally in oil prices, the outlook for 2017 isn't looking favorable as new projects come online, says Douglas Westwood. Matt Cook, who has authored the firm's World Drilling and Production…
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