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South Africa

An additional Block-17 three-well contract awards to Maersk Voyager in Angola

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 […]

Oilfield Africa - Wednesday October 21, 2020
ReconAfrica Updates its Kavango Basin Operations

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 […]

Oilfield Africa - Wednesday October 21, 2020
Eni Accuses Nigeria, U.S. Litigation Funder of ‘Opaque’ Deal

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 […]

Oilfield Africa - Monday October 19, 2020
Mozambique’s Economic Future Will Rely on Monetization of Gas at Home

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 […]

Oilfield Africa - Wednesday October 14, 2020
NAMIBE BASIN: INVESTORS, STAKEHOLDERS IN A MILESTONE CONTRACTS SIGNING.

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 […]

Oilfield Africa - Wednesday October 14, 2020
Sonangol an Angolan energy giant in an oil export deficit in 2019 fiscal year

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 […]

Oilfield Africa - Friday October 9, 2020
DOF Subsea to supply vessels in Angola offshore contract

DOF Subsea a leading provider of subsea project and marine services company has been awarded an integrated Field Support Vessel (FSV) contract with an international oil company in Angola. The project shall utilize Skandi Seven for a minimum of 303 firm vessel days plus 365 days of options. The Contract also includes the potential supply […]

Oilfield Africa - Monday September 21, 2020
PGS concludes 2020 Acquisition Campaign in Angola’s Namibe Basin

Ramform Sovereign has completed a large acquisition project offshore Angola using multisensor GeoStreamer technology. Operational and geological objectives were achieved successfully and safely, despite the Covid-19 restrictions. The 2020 PGS Namibe Basin survey connects the 3D seismic coverage of southern Angola with PGS seismic data library coverage in Namibia, completing a large MultiClient footprint of […]

Oilfield Africa - Monday September 14, 2020
ReconAfrica set to drill first well in the Kavango Basin off Namibia

ReconAfrica has reported that it is now funded to initiate and complete a three well drilling program in the most opportune parts of Kavango Basin, with the initial goal of establishing an active Permian aged petroleum system. ReconAfrica is scheduling the spud of the first well (6-2) early December, 2020 but is aware additional logistical […]

Oilfield Africa - Wednesday September 2, 2020
Mozambique Government Signs Agreement with Total to secure LNG Project

Total E&P Mozambique Area 1, operator of the Mozambique LNG project, has announced that it has signed a new Memorandum of Understanding with the Government of Mozambique regarding the security of Mozambique LNG project activities. The MoU provides that a Joint Task Force shall ensure the security of Mozambique LNG project activities in Afungi site […]

Oilfield Africa - Wednesday September 2, 2020

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