Total production for 2022 reached 41,000 barrels of oil equivalent per day, of which 75% was gas. For 2023, Energean forecasts this will increase to 131,000-158,000 boepd. Virtually all of the increase will come from Israel.
The Wison FLNG unit will be Eni’s second offshore Congo.
Shell has contracted the Stena Forth for three wells offshore Egypt, following the rig’s recent success at the Nargis-1 exploration well for Chevron.
The East Mediterranean “has abundant energy resources, and their development is driving strategic collaboration in the region”.
“Interest has picked up in Ghana,” Mr Faibille said. “This year is a watershed,” he continued. He predicted Ghana would see “plenty more drilling activities” in 2023.
Explorers are “taking a measured view and holding budgets and activity steady whilst trying to improve overall exploration efficiency”, Westwood said.
“Right now, we have close to 64 wells that need to be redrilled, and for this, we cannot find funds. A lot of infrastructure has been designed for a specific period and without funds, we are left with a lot of problems.”
The French company operates 11 fields on- and offshore Congo, producing 25,000 bpd in 2021.
ExxonMobil has won two blocks offshore Egypt, in the Nile Delta, covering more than 11,000 square km.
It also noted that there was scope to develop hydrogen resources within the venture. There was discussion in December, during talks between Algeria and Germany, about the possibility of transporting green hydrogen via Italian links.
The Blackford Dolphin arrived in Las Palmas on November 24, 2022, following a delayed departure from Mexico and reduced transit speed.
Shelf Drilling has extended the contract on its Shelf Drilling Tenacious jack-up, offshore Angola.
"The signing of these agreements confirms our company's desire to strengthen its partnership with the Gabonese republic and to pursue the development of its activities in Gabon,” said Henri-Max Ndong-Nzue, the head of the Gabonese unit.
Minister El-Molla said Egypt had doubled its efforts to attract new investments in the hydrocarbon sector in 2022.
Wison Heavy Industries has won work to develop a floating LNG (FLNG) project for Eni off Congo Brazzaville.
Nigeria has announce a mini bid round focused on the deepwater, saying this would be the first of a number of such offerings.
PTT Exploration and Production (PTTEP) has struck a deal to sell its 2.5% stake in Block 17/06 to Somoil and exiting the country.
Northern Ocean owns the Deepsea Mira, which is currently warm stacked in Norway. The company also owns the Deepsea Bollsta, which began drilling a well for Shell this week.
Tullow Oil has signed a licence for a new block offshore Cote d’Ivoire, adjacent to a licence it already controls.
Shell has been granted leave to take its legal fight to secure acreage offshore South Africa to the Supreme Court of Appeal.
Chariot has reached a framework agreement on gas sales from its Anchois project with Office National de l'Electricité et de l'Eau Potable (ONEE).
Northern Ocean has delivered a semisubmersible drilling rig to Shell Upstream Namibia.
Vaalco Energy has seen some disappointing results from a recent well offshore Gabon, but is looking for solutions.
Liberia has dropped its deadline for direct negotiations on acreage offshore, opting to allow these to continue indefinitely.
Nigeria expects IOCs working in the deepwater to launch new projects, although the big ticket items face continued delays.