Petrobras re-enters African exploration with Shell deal
Petrobras signed a memorandum of understanding (MoU) with Shell in March 2023, on the sidelines of CERAWeek.
Sao Tome & Principe
Shell, Galp spud well offshore Sao Tome
Galp and Shell have spudded the Jaca well, offshore São Tomé and Príncipe, following work off Namibia.
Sonangol under scrutiny over Sao Tome ties
An Angolan journalist has raised a red flag over the origins of $30 million – and five patrol boats – supplied to Sao Tome and Principe.
Drilling is in, IHS Markit says, as resources rise
The industry drilled more wells in 2021 than 2020, IHS Markit has reported, with notable successes in high impact wells adding new resources.
Shell spuds Namibia well
Shell has spudded the Graff-1 exploration well, offshore Namibia, as TotalEnergies continues drilling on the nearby Venus prospect.
Bourbon to support Shell’s Namibia, Sao Tome drilling
France’s Bourbon will provide a logistics package to Shell for upcoming exploration wells offshore Namibia and Sao Tomé & Principe.
Shell charters Valaris rig for Namibia, Sao Tome exploration
Valaris has agreed to provide its Valaris DS-10 rig for Shell’s upcoming exploration in Namibia and Sao Tome & Principe.
Shell refills African exploration hopper as volumes ebb
Shell’s Nigerian production fell to 223,000 barrels of oil equivalent per day in 2020, with the company blaming security issues, sabotage and theft.
Kosmos plans spending boost in 2021
Kosmos Energy expects its capital expenditure to reach $575-625 million this year, driven largely by its work with BP offshore Mauritania and Senegal.
Shell farms into Kosmos portfolio
Shell has struck a deal to farm into Kosmos Energy’s portfolio offshore Sao Tome & Principe, Suriname, Namibia and South Africa.
Kosmos to lean on BP at Tortue LNG
Kosmos Energy has set out plans to reduce planned capital expenditure in 2020 to under $250 million.
Carbon and cash to determine Galp project plans
Galp will focus on major upstream projects, company executives said today, but these must be able to compete in a world where demand may be constrained.