Panoro targets new rig for Equatorial Guinea in Q2
Panoro Energy expects growth to continue this year, targeting 40% more production than 2023, despite problems around drilling in Equatorial Guinea.
BW Energy
BW Energy board rejects offer as unfair, but notes pressure
“At the same time [it is] hoping that shareholders with a long-term perspective will continue to support the company through joint ownership in the future”.
BW Energy scores Gabon find, plans production in 2024
“We look forward to rapidly bringing these high-value barrels into production. The result also confirms the significant potential of the Dussafu licence where we have multiple additional future prospects.”
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.
BW Energy facility sets sail for Gabon
BW Energy’s new offshore production facility has set sail for Gabon, on a heavy lift vessel. It is due to arrive by the end of September.
Vaalco adds two wells to drilling plans off Gabon
Following success, Vaalco Energy has elected to keep its Borr Drilling rig for another two wells offshore Gabon.
Saipem finds buyer for Brazil-based FPSO
BW Energy (Oslo: BWE) has signed a deal with Saipem (MI: SPM) to buy an FPSO which is currently working in Bazilian waters for Petrobras.
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.
BW Energy contracts Borr for Gabon drilling
Borr Drilling has signed a contract for its Norve jack-up to work in Gabon, for BW Energy.
Aquaterra wins BW Energy rig work
Aquaterra Energy has won a $4.4 million contract to participate in the conversion of the Hibiscus Alpha jack-up rig, which will be located offshore Gabon.
Aquadrill sells rig to BW Energy for gas conversion plans
Aquadrill has sold a semi-submersible rig to BW Energy, which plans to convert it into a floating production unit (FPU) for a gas field off Namibia.
Lamprell lines up jack-up conversion for BW Energy’s Gabon plans
Lamprell has won a rig conversion contract from BW Energy for a project offshore Gabon.
BW Energy starts up Tortue Phase 2
BW Energy has begun producing from its Tortue Phase 2 project, in Gabon’s Dussafu Marin licence.
BW Energy takes two blocks in Gabon’s delayed round
BW Energy has signed up to two new exploration blocks offshore Gabon as part of the country’s often delayed 12th offshore licensing round.
BW Energy strikes oil at Dussafu exploration
BW Energy has found oil at the Hibiscus North exploration well (DHBNM-1) at the Dussafu Block, offshore Gabon.
BW Energy reports Gabon appraisal miss
BW Energy has found water at its Hibiscus Extension appraisal well, offshore Gabon, rather than hydrocarbons.
BW Offshore to scrap Berge Helene at Indian yard
BW Offshore has signed the FPSO Berge Helene over for demolition and recycling in India, the company said.
BW Energy kicks off Gabon drilling campaign
BW Energy has launched its 2021 drilling campaign in Gabon with the spudding of the Hibiscus extension well.
New life for Namibia’s long-dormant Kudu
BW Energy has signed a deal to increase its stake in the Kudu licence, offshore Namibia, potentially reviving the long-dormant project.
Borr Drilling ‘encouraged’ by increased activity as $35m added to backlog
Borr Drilling said in its new fleet status report that it had added $35.1 million over 480 days to its total backlog.
Borr Drilling takes 30% hit to revenues as operators cancel contracts
Borr Drilling has taken a 30% knock to its revenues after a series of cancellations and delays to contracts by oil and gas operators.
Borr Drilling sells third rig in a month in $4.5million deal
Borr Drilling has announced the sale of its third rig in a month as the firm seeks to consolidate its fleet size.
BW buys stacked jack-ups, plans Dussafu work
BW Energy has acquired two jack-up rigs and hatched a new plan for the development of the Hibiscus/Ruche field, offshore Gabon.
Namibia considers exploration and acquisitions
Namibia continues to expect hydrocarbons to be discovered offshore, but in the meantime is working on energy transition plans.
BW Energy plans 2021 drilling
Improved oil prices buoyed BW Energy’s second quarter results, opening the way for the company to plan additional drilling in Gabon.