TotalEnergies “completely optimistic” on Namibian drilling
“We will continue to drill … because everybody is excited. We have another exploration potential well on the south of Venus and we continue to appraise what has been discovered.”
Venus
Shell’s half billion barrels in the Orange Basin
“We are making ongoing evaluations to determine the exact size of these fields and continuously improve our estimates to determine commerciality.”
Total increases stake in giant Namibia find with Impact deal
Total is gaining a 10.5% stake in Block 2913B and 9.39% in Block 2912. The French company is the operator and has made a number of discoveries in the area, including the giant Venus find.
Africa Oil rides expectations with drilling in Namibia, Nigeria
FEED work “could facilitate” a final investment decision (FID) on Preowei, Africa Oil, said.
TotalEnergies floats potential second Orange Basin development
“For me, it’s easier to develop offshore projects than onshore projects. Onshore there are stakeholders, who are more complex to manage.”
Total hints at further Namibia successes
Total has two rigs working in Namibia, with the Tungsten Explorer and the Deepsea Mira. A recent update from Vantage Drilling reported Total had extended the contract on the Tungsten Explorer into the second quarter of 2024.
Namibia sees transition “war” threaten Venus, Graff developments
“Unless Namibia puts together a narrative to win the energy transition war, [the country’s] oil will remain in the ground.”
Total sets out drilling plans for South Africa’s Orange Basin
The Department of Mineral Resources (DMRE) accepted the scoping report on March 24.
Drilling “imminent” on Total’s mooted golden block
The plan, he said, would not be “to appraise everything”. Instead, the partners in the block would “accelerate the time to market … if we have the chance to really confirm the volumes which seems to have been discovered, there will be room to make fast track developments, like we did on Block 17, 25 years ago.”
Shell, Total appraisals under way off Namibia
Shell spudded the Jonker well in December. “I’m not saying anything apart from to say it is going well, it is going very well,” Shino said to applause.
Westwood tips Africa, Latin America for high-impact hopes in 2023
Explorers are “taking a measured view and holding budgets and activity steady whilst trying to improve overall exploration efficiency”, Westwood said.
Total signs up rig for Venus appraisal in 2023
Northern Ocean owns the Deepsea Mira, which is currently warm stacked in Norway. The company also owns the Deepsea Bollsta, which began drilling a well for Shell this week.
Rig arrives in Namibia for Shell appraisal
Northern Ocean has delivered a semisubmersible drilling rig to Shell Upstream Namibia.
Conversion of OML 130 could trigger FID from Total at Preowei
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.
Vaalco CEO aims for growth, mulls shareholder options
Vaalco Energy has completed the installation of new floating infrastructure off Gabon, shortly after completing its merger with TransGlobe Energy.
Chevron completes deal to take stake in deepwater Namibia
Chevron has completed its farm in to a licence offshore Namibia, close to the Venus and Graff discoveries by TotalEnergies and Shell respectively.
TotalEnergies plans out new Angola hub for 2023
TotalEnergies plans to continue pressing ahead with short-cycle projects in Angola but also add a new hub on the Cameia-Golfhino finds.
Africa Oil sees progress looming in Nigeria, Kenya
Africa Oil (TSX:AOI) expects a number of developments in the next month or so, including the spud of the Gazania well, an extension to its licence in Nigeria and the signing of a Kenya deal.
Minister confirms Chevron in Namibia talks
Chevron is in discussions to enter Namibia’s offshore, Minister of Mines and Energy Tom Alweendo has said.
Impact aims to raise cash for Venus, teases development option
Impact Oil & Gas has set out an open offer to raise up to $60 million in order to finance its participation in Namibia’s Venus discovery.
Sobriety has the upper hand, for now, in exploration
A small group of deep-pocketed companies increasingly dominates exploration and, as yet, they are avoiding the boom-and-bust mentality of previous oil cycles.
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.
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.
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.
Qatar pledges training help for Namcor following major finds
QatarEnergy (QE) has signed up to support Namcor, following two high-profile discoveries in the Southern African state.