CGG sets out seismic plan offshore South Africa
CGG aims to carry out the work in the 2023-24 summer window, with seismic taking around four or five months to complete.
Offshore
Chevron nears deal in shared block offshore Angola and Congo
Oil production from the block could start as early as two years after a deal is signed, Budimbu said.
International offshore oil calls once more
Nigeria’s emissions are 16 kg of CO2 per barrel and Angola’s 17 kg, while on the shelf they rise to an average of 33 kg.
Marathon’s West African hub plan takes shape
As of January 1, 2024, LNG produced from the Alba field “will be sold into the global LNG market, which is expected to drive a significant financial uplift for our company given the material arbitrage between Henry Hub and global LNG pricing”.
Africa to take centre stage for FLNG plans
Africa will “dominate” new floating LNG (FLNG) projects in the period to 2027, adding 10.2 million tonnes per year of capacity, according to a note from Westwood Global Energy Group.
BW Energy completes first Hibiscus well
The BW Adolo FPSO will process oil from this development phase alongside the Tortue production. Tankers will offload oil from the FPSO for export.
Total hammers out development plan on Luiperd
As the gas market grew, Africa Energies said the development of the Paddavissie Fairway would expand. The company believes there is more to be found in the region, based on 2D and 3D seismic.
Cheiron starts up second phase at Egypt’s GNN field
Cheiron said the find demonstrated the Gulf of Suez’s remaining exploration potential, despite being relatively mature. The GNN field was the first discovery in the Nukhul formation, it said.
Tunisia president seeks to claim Libyan oilfield stake
Aoun said Saied’s comments might refer to the continental shelf, rather than the Bouri field. Tunisia and Libya have established the Joint Oil company to work in this area, although this has not made any progress in recent years.
Blackford Dolphin kicks off drilling in Nigeria
Once the Blackford Dolphin completes its work for General Hydrocarbons, it will stay in Nigeria for work with Peak Petroleum, at a higher day rate.
Eco Atlantic sets out Orange Basin drill plans
Eco Atlantic has begun the regulatory process of applying for an exploration well offshore South Africa in the Orange Basin.
Exxon issues Rovuma LNG tender but financing in focus
ExxonMobil has issued a call for companies to build an onshore LNG plant in Mozambique, amid signs of new confidence in the conflict afflicted north.
Lukoil sees room for more in Congo
Gas volumes will also grow, he said. It is currently producing 1.5 billion cubic metres per year and this will grow to 5.5 bcm “at the next development stage" Tass reported the manager as saying.
Angola says Exxon poised for $15bn Namibe Basin investment
ExxonMobil could invest $15 billion through 2030 if it makes commercial oil discoveries in the Namibe Basin, Paulino Jeronimo, chairman for the Angola National Agency for Petroleum, Gas and Biofuels, said in Luanda.
World Bank open to support Mozambican gas to spur energy access
“My sense of Mozambique’s natural gas assets is that it can play an important role for the global transition,” she said.
Energean brings NEA/NI online
Energean approved the plan in January 2021. As such, the time it took from final investment decision (FID) to first gas is two years and two months.
Blackford Dolphin to stay in Nigeria past 2024
Dolphin Drilling said the minimum term contract carried an effective dayrate of $325,000 including mobilisation.
Tullow targets transformation through debt payments
In Cote d’Ivoire, the independent is planning to drill an exploration well in 2024 on CI-524. The company has also secured a new licence in the country, CI-803, where it sees insights from its Tano Basin knowledge.
Chariot readies for Anchois development plan
“We remain fully focused on taking the Anchois project to first gas in a way that can continually grow the resource and project scale and help unlock the basin scale potential that we see across our licence area."
Eni lines up Raia drilling this year with rig contract
Eni had hoped to drill off Mozambique in 2020 but COVID-19 interrupted plans, Esgian analyst Matthew Donovan said.
AGM drops Ghana interest, Aker goes it alone
“It is not related to Aker Energy, and the decision has no implication for Aker Energys plans in Ghana,” he said.
Shell scores third find off Namibia
The Deepsea Bollsta rig carried out the Jonker work. Shell said the semi-submersible would remain on PEL 39 to drill further exploration and appraisal wells.
Woodside enters Namibia, on trend with Venus
The company expects seismic results in mid-2023, Rushworth said.
Saipem contracts Deep Value Driller to Cote d’Ivoire
Saipem’s contract did not, though, cover reactivation costs for the rig. As a result, Deep Value Driller entered into a loan facility for $75 million, which will mature in three years.
Update: Azule hands out $7.8bn of contracts for Agogo
According to a recent Eni presentation, Agogo is due to start up in 2026. It will produce 175,000 barrels per day in 2027.