Sonadrill Holding Ltd., Seadrill Ltd.’s 50:50 joint venture with an affiliate of Sonangol E.P., has secured a nine-well contract offshore Angola for the drillship Libongos. The contract includes six one-well options. The estimated total tract value is $101 million with commencement expected in late 3Q 2019 and running to early 2021. The Libongos is the […]
The Agogo1 well, discovered last March in Bloc 15/06 in the Angolan offshore, starts commercial oil production from next December, announced on Tuesday, the chairperson of ENI’s Board of Directors Claudio Descalzi. Claudio Descalzi was speaking to the press at the end of a meeting with the President of the Republic, João Lourenço, with whom […]
Following the success of the Year of Energy 2019 an initiative of the Republic of Equatorial Guinea which is seeing the organization of several high level investment conferences and road shows in Malabo and internationally this year, the country will be continuing its outreach to global investors with the Year of Investment 2020. Supported by […]
Nigeria LNG Ltd., the operator of Africa’s largest natural gas plant, is in talks with lenders to finance a $10 billion expansion. The company is discussing with the country’s top-10 lenders including Guaranty Trust Bank Plc and Zenith Bank Plc, to raise as much as $2 billion, and with foreign lenders and export-credit agencies for […]
The series of recent development linking OMLs 25 in Niger Delta Region of Nigeria have generated concerns to all and sundry, Ranging from political undertones to its economic perspective. OML 25 is situated at the prolific hydrocarbon area, Niger Delta region Kula kingdom of Rivers State. Nigerians have witnessed years several mediations and engagements in […]
RusselSmith, one of Nigeria’s foremost Asset Integrity Management Service providers in the Oil & Gas Industry, has wrapped up an extensive offshore structural assessment project for a major operator in Nigeria’s Niger Delta region. The project scope included the structural assessment of the topside and subsea sections of multiple production platforms, and the inspection of […]
Renamed floating, production storage and offloading vessel Tamara Tokoni is ready for deployment at the Okpoho field in oil mining lease 119 by the end of October, sources familiar with the deal have said. Tamara Tokoni FPSO was formerly a Bumi FPSO. This is Century Energy Services second FPSO deal in a few weeks. Last […]
NigerStar 7, an Engineering.Procurement, Construction and Installation (EPCI) has announced the addition of two offshore construction vessels to its Nigerian fleet. The Seven Antares and Seven Inagha offshore construction support vessels acquisition and the reflagging is in addition to other recent progressive and expansion investments executed by the company in recent time to increase its […]
Equatorial Guinea is about to re-award EG-27 formerly know as block R . The block is where former independent Ophir Energy encountered its fortuna floating liquefied natural gas which never comes to pass. EG-27, presently gunning by Russian companies is one of seven blocks over which the Ministry of Mines & Hydrocarbons is discussing deals […]
Panoro Energy has announced the successful completion of the DTM-5H well, the second of the phase 2 Tortue development wells on Dussafu permit, offshore Gabon. The well was drilled with the Borr Norve jackup drilling rig in 115.5 m water depth as a horizontal production well in the Gamba reservoir. A long horizontal section of […]
