Upstream | African Energy

Featured

Issue 407 - 16 January 2020

South Africa publishes draft petroleum bill

South Africa’s draft Upstream Petroleum Resources Development Bill was published for public comment on 24 December. The draft immediately attracted criticism for its generous provision of a 20% carried interest for the state in upstream projects, plus a minimum 10% black-owned...

Issue 407 - 16 January 2020

South Africa

Issue 407 - 16 January 2020

Angola/Namibia: Maersk to drill three wells for Total

Total has awarded contracts to Maersk Drilling to use the 7th generation drillship Maersk Voyager for wells offshore Namibia and on Angola blocks 32 and 48. Maersk announced on 13 January that the campaign was expected to commence this month, with an estimated duration of 240...

Issue 407 - 16 January 2020

Namibia, Angola

Issue 407 - 16 January 2020

Egypt: New block awards

ExxonMobil and Zarubezhneft have each announced the award of two new exploration licences, while three block awards have been made in Egypt’s Red Sea licensing round. The US supermajor will explore the North Marakia Offshore Block in the Herodotus Basin north of Alexandria, and...

Issue 407 - 16 January 2020

Egypt

Issue 407 - 16 January 2020

Senegal: FID for Sangomar development

Woodside Energy and its partners announced a final investment decision (FID) for the Sangomar field development at a signing ceremony in Dakar on 14 January. The FID comes after the government granted a 25-year exploitation authorisation on 8 January, while Woodside has executed...

Issue 407 - 16 January 2020

Senegal

Issue 407 - 16 January 2020

Equatorial Guinea: MoUs signed for new blocks

The Ministry of Mines and Hydrocarbons has signed memoranda of understanding (MoUs) with successful bidders from its 2019 licensing round during the Atlantic Council’s Global Energy Forum in Abu Dhabi.

Issue 407 - 16 January 2020

Equatorial Guinea

Issue 407 - 16 January 2020

Gambia: Shearwater acquires seismic over Block A5

Australia’s FAR has contracted Shearwater GeoServices to carry out a 3D Isometrix seismic survey over part of Block A5 ahead of drilling planned on the company’s Gambia acreage later this year. Shearwater said the one-month survey would be acquired by the SW Amundsen vessel. It...

Issue 407 - 16 January 2020

Gambia

Issue 407 - 16 January 2020

Zimbabwe: Invictus, Tatanga Energy seal gas sales MoU

Invictus Energy has signed a preliminary agreement for gas supply from its Cabora Bassa project in Muzarabani, as it seeks an upstream partner to establish whether commercial quantities of gas can be produced from the licence. Invictus announced on 19 December it had entered...

Issue 407 - 16 January 2020

Zimbabwe

Consultancy