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 […]

Dutch offshore vessel owner Smit Lamnalco has won a $200 million, 10 years contract to provide services for Coral South FLNG offshore Mozambique. Smit Lamnalco, a 50% affiliate of Boskalis, will provide integrated marine services to what will be Mozambique’s FLNG unit, operated by Eni. “This marks the first terminal services contract awardfor the Mozambique […]

Shell is considering among three prospects for a deep-water wildcat off Namibia, which is set to spud late next year at the earliest. The multi National Company will soon turn its focus to the rig market as it assesses available and suitable tonnage for the exploration well, which will be on its operated PEL 39 […]

New insights for early development of a frontier area Covering more than 65,000 km2, the Namibe Basin is one of the world’s largest remaining prospective frontier areas for oil and gas exploration. This southern most basin along the West African salt margin has largely remained unexplored despite significant oil and gas activity in the neighboring […]