Vaalco strikes for Svenska in move into Cote d’Ivoire
While the deal is immediately accretive to Vaalco, the FPSO on Baobab will go offline in early 2025 for maintenance and upgrades. It should be back in production in 2026.
Cote d’Ivoire
Altera contracts DOF for FPSO, FSO installation work
The Norwegian company will begin project management and engineering “immediately” at its offices in Bergen and Aberdeen.
Ice signs up former Total block offshore Cote d’Ivoire
A domestic Ivoirian company, Ice Oil & Gas, has signed a licence to explore a block offshore, previously held by TotalEnergies.
APPO sets timetable to launch African Energy Bank
“Without energy, there is no life. Today, we are doing everything we can to ensure that the African Energy Bank becomes a reality by June 30, 2024,” the Benin minister said.
Murphy Oil approves Vietnam plan, launches Cote d’Ivoire work
In September, it sold non-operated stakes in the Kaybob Duvernay and Placid Montney for $104 million. The plan is to invest some of the proceeds in international works.
Former North Sea FPSO Voyageur Spirit set for Africa redeployment
A former North Sea floating production storage and offloading (FPSO) vessel owned by Altera Infrastructure is set to be redeployed to Africa as part of a 15-year agreement.
Saipem wins Eni, Snam work worth $911mn
In Cote d’Ivoire, the service company has won a subsea umbilicals, risers and flowlines (SURF) contract for Baleine Phase 2. Eni began producing at this field in August.
Eni unleashes Baleine, with eye on growth
Eni discovered Baleine in September 2021. It took the final investment decision around six months later.
Petrofac wins FPSO work from CNR International
The initial contract will run for three years. Petrofac did not disclose the value of the contract, beyond describing it as “multi-million pound”.
Murphy seals Cote d’Ivoire entry
Murphy executive vice president for operations Eric Hambly said the company intended to “accomplish great things” in Cote d’Ivoire.
Baker Hughes wins subsea Baleine work
Phase 2 will involve the use of an existing FPSO. Production is due to start by the end of 2024. This will allow Eni to export oil, while it will send gas onshore via a pipeline to power plants.
Afentra appoints former Cote d’Ivoire oil minister
“The appointment of such a heavy-weight candidate reflects Afentra’s strong ambition to build a material and credible player within the African energy sector as we seek to play an important role in a responsible energy transition across the continent.”
BW Offshore sells FPSO, Tullow considers Espoir options
Tullow expects the operator to carry out new drilling in 2025. The plans is for seven infill wells, two producers on West Espoir and two producers and three injectors on East Espoir.
FPSO sets sail for Eni’s Baleine project
Installation of the subsea production system is under way and Eni aims to begin producing by June this year.
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.
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.
Former Ghana president clashes with ministry over slow oil progress
Ghanaians should treat Mahama’s suggestion “with the utmost contempt it deserves”, the statement concluded.
Ghana Gas tees up second train
Asante commented that the plant would help supply gas in a cost effective fashion, securing a “reliable supply of gas and derivatives” in Ghana and beyond.
Tullow extends Tano Basin holding in Cote d’Ivoire
Tullow Oil has signed a licence for a new block offshore Cote d’Ivoire, adjacent to a licence it already controls.
Amid faltering TEN expansion, Tullow accelerates Jubilee SE
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.
Saipem stacks up more drilling in West Africa, Middle East
Saipem has won three new drilling contracts in the Middle East, and two in West Africa, with a total value of $800 million.
Saipem wins major Baleine contracts, targeting 2023 start
Eni and Petroci have awarded two contracts for work in Cote d’Ivoire to Saipem, worth around 1 billion euros ($956 million).
Adnoc, Eni talk up acceleration of Ghasha plan
Adnoc and Eni have held high-level talks on accelerating development at the Ghasha sour gas project, in a bid to increase global supply.
DNO makes move into West Africa with Foxtrot fling
Norway’s DNO has struck a deal to buy a stake in Foxtrot International, which owns gas producing assets in Cote d’Ivoire.
Eni boosts Baleine discovery with follow-up exploration
Eni (MIL:ENI) has drilled an exploration well marking a second discovery on the Baleine structure, offshore Cote d’Ivoire.