The DS-12 rig will drill and complete 4 wells during the next six months. The Project was approved for development in December 2018 and the first oil is expected for 4Q 2021   Luanda 20 October 2020 – The bp Angola contracted drillship DS-12 arrived in Angola on 28 September to execute the drilling program for the […]

Eni announces the lifting and installation of the last of the 13 topside modules of the Coral-Sul FLNG facility, currently under construction in South Korea. This lifting, which marks the end of the onshore-modules fabrication campaign configuring the entire gas treatment and liquefaction plant, is to schedule and in line with the expected sail-away in […]

Total   is seeking divestment in a number of Angolan oilfields, in what is seen as an early sign of an expected wave of divestments by big energy companies from the West African country, industry sources said. Total could raise around $300 million from the sale of its 20% stake in Angola’s offshore Block 14, which […]

LEKOIL the oil and gas exploration and production company with a focus on Nigeria and Africa has announced that it has entered into a Strategic Alliance Agreement with NAMCOR Exploration and Production (PTY) Limited through its subsidiary, LEKOIL Exploration & Production (PTY) Namibia Limited. NAMCOR E&P, a subsidiary of the national oil company of Namibia, […]

Maersk Drilling has been awarded a three-well contract from Total E&P Angola for the 7th generation drillship Maersk Voyager which will be employed to drill development wells in Angola’s Block 17. The three-well contract has an estimated duration of 140 days, which means that Maersk Voyager is now contracted until Q2 2021. The firm value of […]

Reconnaissance Energy has provided an operational update on the Company’s initial programs opening the deep Kavango Basin in the Kalahari Desert of North East Namibia and North West Botswana. “As result of ReconAfrica’s successful financing completed August 20, 2020, the Company is now funded to initiate and complete its three well drilling program designed to […]

Eni is seeking documents from a U.S. investment firm helping Nigeria sue it and Royal Dutch Shell Plc  for more than $1 billion over an energy deal at the center of a criminal corruption trial. According to Bloomberg. Eni claims that “undisclosed interests” are driving the Nigerian government’s litigation strategy “at the expense of Eni’s contractual […]

By Written Aydanur Akkurt Africa Gas & Power & Edited by Oilfield Africa Review.  As Mozambique attracts billions of dollars into mega-LNG ventures which will propel the country into a global LNG exporter, domestic gas valorization and monetization will be a crucial factor to turn a gas revolution into an economic success story. The impact […]

The National Oil, Gas and Biofuels Agency (ANPG) has signed, three Risk Service Agreements with ExxonMobil and Sonangol P&P that make it possible to increase the exploration area in the offshore area Angola), over 17,800 square kilometers. These agreements will make it possible to identify the potential of hydrocarbon resources existing in the Namibe basin. It is […]

Angola’s state oil giant made no money from core oil activities last year, a Reuters analysis of its full accounts shows, as billions of dollars of debt repayments ate up profits. The bleak disclosure within the company’s 121-page annual financial results published in Portuguese last week underlines the perils facing the impoverished, oil-dependent nation, even […]