MDL Third-generation Reel Drive System, operated by the company’s expert offshore personnel, was used to deploy a 13” gas lift riser from an 11.4m reel which was mobilised on the back of an Anchor Handler Vessel. The tie-in connected the beach with a Liquefied Natural Gas (LNG) facility, located 12km off the coast of Tema, […]
Assala Energy, the Gabonese subsidiary of the American The Carlyle Group, announces new investments at the Gamba site located in the province of Ogooué-Maritime. “Our 14 million USD (7.52 billion FCFA) electric gas compressor project in Gamba is on track. It will support future development in the field, improving oil recovery, improving energy and cost efficiency […]
KBR announced it will be supporting the development of Nigeria’s first ever Floating Liquefied Natural Gas (FLNG) facility, enabling economic growth and sustainability of the country’s future energy supplies. The award, by UTM Offshore Limited, builds on over 40 years of KBR’s continuous LNG experience and depth of FLNG capabilities. Acting as Owner’s Engineers, KBR […]
Eni and bp have announced that they have entered into a non-binding memorandum of understanding (MoU) to progress detailed discussions on combining their upstream portfolios in Angola, including all their oil, gas and LNG interests in the country. The companies believe that combining their efforts in a new joint venture company would bring significant opportunities […]
Equinor and Sonatrach have signed a memorandum of understanding (MoU) to examine cooperation within oil and gas exploration and production in Algeria and internationally. The signing of the MoU strengthens the existing partnership between Equinor and Sonatrach. The MoU also includes cooperation within greenhouse gas emissions and carbon management, industrial safety management, implementation of technology […]
VAALCO Energy has announced that it has entered into crude oil commodity swap agreements for a total of 672,533 barrels at a Dated Brent weighted average price of $66.51 per barrel for the period from and including May 2021 through October 2021. These swaps will settle on a monthly basis. The Company is hedging a […]
Afrrica Oil Corp has said that the Prime’s first quarter 2021 average daily W.I. production was 27,700 boepd and economic entitlement production was 30,300 boepd (84% light and medium crude oil and 16% conventional natural gas), net to Africa Oil’s 50% shareholding in Prime. It stated that the Production of the Egina field is continued […]
Africa Energy with operating 30.9% shareholding interest in Impact Oil & Gas has exposure to the Venus-1 exploration well in Block 2913B, offshore Namibia which is expected to spud by the end 2021. Venus-1 will target a large basin floor fan system with significant undiscovered petroleum initially in place that has been identified using 3D seismic data. Africa […]
Recent report has shown that the Tunisia domestic crude oil production went up 18% increase late in March 2021, to 491,000 tonnes (kt), about 3.6million barrels per day (mbd) reads the March 2021 report of to the monthly energy situation report released by the National Observatory of Energy and Mines Observatory (French: ONEM). According to […]
The Algerian government has recently examined two draft executive decrees defining the procedures for obtaining authorizations to construct structures for pipeline transportation of petroleum products, and a pipeline transportation system. This new development the countrys oil and gas sector , was done during its executive meeting chaired by Prime Minister Abdelaziz Djerad, According to a […]
