Pirates see better risk-reward in Nigeria’s oil theft industry
Oil bunkering in Nigeria is a more attractive industry than piracy, for now, but this may change in late 2023.
Oil bunkering in Nigeria is a more attractive industry than piracy, for now, but this may change in late 2023.
Despite scepticism around the plan, countries along the proposed gas pipeline route from Nigeria to Morocco continue to sign up.
Yinson Production has agreed to work on the Agogo FPSO for Azule Energy, in Angola’s Block 15/06.
ExxonMobil is “working towards” decommissioning its Zafiro Producer unit, offshore Equatorial Guinea.
Workers from Ponticelli Frères are going to work on TotalEnergies’ Alima FPU, in Congo Brazzaville, for a planned 16 days of maintenance.
Companies building the Sangomar FPSO have completed their work, keeping the Senegalese field on schedule for start in late 2023.
Egypt has awarded two exploration blocks in the Mediterranean Sea to BP, close to its existing assets.
Eni has begun drilling the Thuraya prospect, offshore Egypt, hoping to replicate the success of its major Zohr find.
Eni has held talks with Mozambique President Filipe Nyusi on more floating LNG (FLNG) projects in the East African state.
TotalEnergies can develop gas offshore South Africa responsibly, the CEO has argued, and help the country reduce emissions.
Europa Oil & Gas is relinquishing it Moroccan licence, which it acquired in 2019, after failing to find a partner.
South Africa is dusting off seismic plans once more as it aims to launch a licensing round, following the passage of long delayed upstream laws.
BP has picked a Valaris rig to drill four wells offshore Egypt, starting late in the third or early in the fourth quarter of 2023.
Shelf Drilling has extended a contract with Chevron in Angola for the Shelf Drilling Tenacious.
TotalEnergies is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity.
PetroNor E&P has signed a licence to explore the A4 licence, off The Gambia.
Eco Atlantic Oil and Gas (LSE:ECO) has declared the Gazania-1 well non-commercial in a knock for offshore South Africa’s hopes.
UTM Offshore has signed a front-end engineering and design (FEED) contract for a floating LNG (FLNG) project offshore Nigeria.
Tullow Oil expects to begin drilling wells on Jubilee South East this quarter, with the aim of boosting production beyond 100,000 barrels per day in 2025.
Partners in Nigeria’s OML 127 and 130 continue to work on conversion to new terms – with success potentially triggering approval for the Preowei discovery.
Saipem has won three new drilling contracts in the Middle East, and two in West Africa, with a total value of $800 million.
Egypt has struck a number of agreements with energy companies around sustainability and reducing emissions, including at the Idku liquefaction plant.
Eni and CNOOC have submitted applications for areas up for grabs in Mozambique’s sixth licensing round.
Coral Sul has exported its first LNG cargo, bringing Mozambique into the exclusive club of liquefied gas exporters.
An appeals court in Milan has rejected Nigeria’s claims for damages stemming from the OPL 245 scandal, ordering the government to pay costs.