West Africa
News
October 26, 2017
CGG has been awarded a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, to acquire with its local partner, Harvex Geosolutions, a multi-client program of gravity, gravity gradiometry and magnetic data over the Republic’s onshore and shallow offshore basins.
News
October 24, 2017
Equatorial Guinea, OPEC’s newest member, is taking steps to stem the decline in its oil production following the acquisition by Kosmos Energy Ltd. and Trident Energy Management Ltd. of fields currently operated by Hess Corp.
News
October 23, 2017
Kosmos Energy will acquire assets from Hess. Additionally, existing investors Tullow Oil and GEPetrol will enter partnership with the new operator. The assets of Hess Corporation in Equatorial Guinea will be acquired by Kosmos Energy, the Ministry of Mines and Hydrocarbons has announced.
News
October 17, 2017
Conventionally, African exploration has been focused in Nigeria, Egypt and Libya; most other frontiers were either underexplored or not explored at all. However, in recent times Africa has been the hot spot for exploration activity, mostly concentrated in West Africa, offshore Mozambique and Tanzania, and the East African rift system in Kenya and Uganda, as well as the opening of new carbonate plays in the Nile Delta.
News
October 12, 2017
Tullow Oil has announced that it has acquired 90% stakes in four onshore blocks in Côte d’Ivoire.
News
October 09, 2017
Total and the National Office of Petroleum of Guinea (ONAP) signed a Technical Evaluation Agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry, covering approximately 55,000 km2.
News
October 05, 2017
CH2M has been awarded a new marine engineering support contract on BP's Tortue development offshore Mauritania and Senegal. The new energy development project involves subsea gas production, a floating gas treatment facility, a pipeline with domestic gas connection points and a nearshore hub facility where the gas is converted into liquefied natural gas (LNG).
News
October 05, 2017
Nigeria’s oil minister sent a letter to President Muhammadu Buhari listing at least $24 billion of contracts involving the state oil company.
News
October 04, 2017
Sparrows Group has formed Sparrows Offshore Ghana Ltd, a joint venture with local partner Hydra Group Limited, to deliver crane, lifting and inspection services in Ghana.
News
October 02, 2017
Ophir Equatorial Guinea (Block R) Ltd, a 100% owned subsidiary of Ophir, has awarded the upstream construction contract for the Fortuna FLNG Project to Subsea Integration Alliance, which is a partnership between OneSubsea, a Schlumberger company, and Subsea 7.
News
September 26, 2017
Sparrows Group has signed a three-year contract with Total to supply crane maintenance and engineering services at four of the operator’s assets in Angola.
News
September 25, 2017
Bassam Fattouh, director of the Oxford Institute for Energy Studies, argues that while U.S. shale poses a threat to OPEC, the idea that the organization has no role in the oil market is unrealistic. Fattouh was interviewed via email between Sept. 21-22. Comments have been edited and condensed.
News
September 25, 2017
OPEC’s commitment to cutting production to clear a global glut is working, but the group needs to address rising output from Libya and Nigeria, Iran’s Oil Minister Bijan Namdar Zanganeh said.
News
September 22, 2017
Hyperdynamics Corp. has announced that it has notified the government of the Republic of Guinea that it will be seeking a two-year appraisal period under its oil and gas production sharing contract.
News
September 18, 2017
The Ministry of Mines and Hydrocarbons, representing the Government of Equatorial Guinea, has signed a memorandum of understanding (MoU) with the Government of Burkina Faso to supply the West African country with LNG and build critical infrastructure to import, store and transport gas.
News
September 15, 2017
Xodus Group has been awarded two Environmental and Social Impact Assessment (ESIA) contracts for projects in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) blocks in Senegal, West Africa.
News
August 31, 2017
Eni Angola S.p.A. has awarded Saipem work orders in relation to the West Hub Development project as an addition to those previously assigned during 2016 and 2017.
News
August 31, 2017
Angola’s Petroleum Minister Jose Maria Botelho de Vasconcelos said it’s essential for the southern African nation’s economy that oil prices rebound to $60/bbl this year.
News
August 29, 2017
Subsea IMR provider, N-Sea, has begun work in the Cameroonian offshore market, via a contract win with Dutch offshore lifting and transportation company, Jumbo Offshore.
News
August 23, 2017
Kosmos Energy has announced that it has successfully completed the drill stem test (DST) of the Tortue-1 well, demonstrating that Tortue field is a world-class resource and confirming key development parameters, including well deliverability, reservoir connectivity, and fluid composition.
News
August 23, 2017
Shell Petroleum Development Company of Nigeria Ltd joint venture has started production at Gbaran-Ubie Phase 2, a key project in Nigeria’s Niger Delta region.
