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.
Rigs & Vessels
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 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.
Sahara, NNPC add two LPG vessels
Sahara Group and Nigerian National Petroleum Corp. (NNPC) have taken ownership of two LPG vessels in South Korea, with plans to reach 10 vessels in the next 10 years.
ReconAfrica, Invictus near launch of drilling
Reconnaissance Energy Africa and Invictus Energy are both nearing drilling, as they seek to prove up onshore hopes around Namibia and Zimbabwe respectively.
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.
Petrofac takes over from Maersk at Tullow decom work
Tullow Oil has chosen Petrofac to carry out well decommissioning offshore Mauritania, replacing Maersk Decom.
Offshore rig day rates heading for highest level in ‘almost a decade’
The offshore drilling rig market is “much tighter” than previously thought, according to new analysis, with some segments “nearly sold-out”.
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.
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.
Operators to retain whip hand in dayrate negotiations, Westwood projects
Westwood Global Energy Group expects rig demand to increase around the world but with no rapid increase in dayrates.
Woodside preps for Ocean BlackHawk arrival in Senegal
Woodside Energy has revised the subsea installation campaign schedule at its Sangomar project, in Senegal, but continues to expect first oil in 2023.
Seadrill’s West Gemini signs up for more Angolan work
Seadrill has struck a 10-well contract, with an option for up to eight more, in Angola for its West Gemini drillship.
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.
Eco Atlantic tops up Gazania drilling pot
Eco Atlantic Oil & Gas has put $20 million into escrow for its share of drilling expenses on the Gazania-1 well, on Block 2B offshore South Africa.
Bunker vessel sinks off Tunisia
A bunker vessel has sunk offshore Tunisia raising the risk of a major diesel spill in the Gulf of Gabes.
Saipem wins $150mn Coral Sul maintenance contract
Eni has awarded a maintenance contract on its Coral Sul floating LNG (FLNG) facility off Mozambique to Saipem.
Nigerian patrol boat sinks while docked
Nigeria’s Barugu gunboat has sunk at a dock in Lagos, highlighting the country’s continued challenges to impose offshore security.
Vaalco balances caution with expansion in formative year
Vaalco Energy will focus on delivering its expansion projects this year, while avoiding any threats to production, CEO George Maxwell has said.
Tullow emissions rise on Ghanaian flaring
Tullow Oil increased emissions in 2021 amid delays in installing gas capturing equipment offshore Ghana.
KCA Deutag sells Nigerian rigs to local player
KCA Deutag has completed the sale of five drilling rigs in Nigeria for $18 million.
Vaalco picks DOF Subsea for FSO switchover work
Vaalco Energy has contracted DOF Subsea to carry out subsea construction and installation work to allow it to go ahead with swapping in a floating storage and offloading (FSO) vessel in Gabon.