Bangalane takes up role as head of INP
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
Offshore
Tullow takes over FPSO work, hands contract to Petrofac
Tullow Ghana (LON:TLW) has awarded a five-year operations and maintenance (O&M) contract to Petrofac Ghana (LON:PFC) on the FPSO Kwame Nkrumah.
Eco continues acquisition spree with South Africa deal
Eco Atlantic Oil & Gas has struck a deal to buy another 6.25% stake in a South African block, while also raising $12.3 million.
TotalEnergies commits $850mn to Angola add-on
TotalEnergies and its partners on Angola’s Block 17 have taken the final investment decision (FID) on the $850 million CLOV Phase 3 development.
McKinsey warns of African shortfall amid energy transition risks
The energy transition is throwing up particular challenges for Africa, not least in terms of access to the skills and capital needed to meet future demand.
TotalEnergies signs up Tungsten Explorer for West Africa work
Vantage Drilling International has struck a deal to provide its Tungsten Explorer to TotalEnergies for at least 225 days.
Perenco strikes Etinde deal with New Age
Perenco has signed a deal to buy the Etinde stake held by New Age (African Global Energy) for an undisclosed amount, junior partner in the project Bowleven has said.
Major HFO spill extends into Gambia River
The Gambia has acknowledged a heavy fuel oil (HFO) spill in the West Coast Region, seemingly caused by a ruptured pipeline.
IHS sketches out development plans for Africa’s Atlantic discoveries
Major deepwater discoveries will require major project developments to commercialise, with gas playing a crucial role, analysts from IHS Markit have said during a recent webinar, in association with the African Energy Chamber.
Shell seismic hearing begins in South Africa
Shell is having its day in court in South Africa in the matter of its offshore seismic plans, while facing an onslaught of environmental protests.
Angola sets out its stall in bid to boost production
Angola is determined to increase energy production and, judging from the wave of independents signed up to take on Sonangol stakes, seems well positioned.
Shell issues tenders for major Nigerian deepwater addition
Shell has issued three engineering, procurement and construction (EPC) tenders for companies to participate in the 120,000 barrel per day Bonga North development in Nigeria.
Exxon signs up Maersk Supply Service ahead of Angola drilling
ExxonMobil has awarded Maersk Supply Service work supporting drilling and production offshore Angola, in Block 15.
BP picks Petrofac for GTA offshore work
BP has chosen Petrofac to carry out work at the Greater Tortue Ahmeyim (GTA) LNG project as the service company scales up its African presence.
Exploration is back on the menu in Africa, with big finds and strong prices
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
Havfram comes back to finish decom work offshore Mauritania
Havfram has won work to decommission subsea facilities at Chinguetti and Banda, offshore Mauritania, from Petronas.
TotalEnergies readies for Nigeria drilling
TotalEnergies is in the process of securing a rig to drill up to nine development wells, and two exploration/appraisal wells on Nigeria’s OML 130, Africa Oil has said.
Eni sees African opportunities, including in its trees
Eni’s Scope 1 and 2 emissions increased in 2021, largely as a result of its African operations, but it offset this through the acquisition of 2 million tonnes of CO2 equivalent in forestry credits.
Kosmos turns on the cash flow spigots and looks to LNG
Kosmos Energy is generating free cash flow at unprecedented volumes, allowing it to pay down debt, and has been talking up LNG.
Sirius, Somoil seal Sonangol sale
Sirius Petroleum and Somoil have officially signed a sale and purchase agreement for stakes in three blocks offshore Angola for $335.5 million.
Sungara sets out $500mn deal to buy into Block 15/06
Sungara Energies has signed a deal to buy a 10% stake in Block 15/06, offshore Angola, from state-owned Sonangol.
Worley wins FEED work for world’s longest offshore pipeline
Worley will carry out a front-end engineering and design (FEED) study for the proposed Nigeria-Morocco Gas Pipeline (NMGP) project.
Vaalco starts up second well, spuds a third
Vaalco Energy has completed a new well in the Etame field. Initial flow rates of 3,100 barrels per day of oil gross exceeding internal expectations.
Namibia eyes Shell, TotalEnergies production in 2028
Namibia aims to reach production from its Venus and Graff discoveries by 2028, Immanuel Mulunga, managing director of Namcor has said.
Namibia’s next great hopes, beyond Venus and Graff
Namibia has leapt to the forefront of exploration thinking with the Venus and Graff discoveries earlier this year, but there are opportunities beyond TotalEnergies and Shell.