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Issue 382 - 06 December 2018

Steady oil production stabilises Libya

Libya is producing about 1.2m b/d, close to its post-2011 revolution maximum. In September it produced an average of more than 1m b/d and in August 950,000 b/d. The most serious threat to output is currently bad weather in the Mediterranean, which at the end of November...

Issue 382 - 06 December 2018

Libya

Issue 382 - 06 December 2018

Morocco: Predator closes in on Guercif licence

Jersey-based Predator Oil & Gas Holdings has announced that Office National des Hydrocarbures et des Mines (Onhym) has accepted its licence application for Guercif permits I-IV. The four onshore permits cover an area of 7,269km² east of the Gharb Basin gas fields and north-...

Issue 382 - 06 December 2018

Morocco

Issue 382 - 06 December 2018

Algeria: Gas developments

Sonatrach subsidiary Entreprise Nationale de Génie Civile et Bâtiment signed two contracts totalling $700m with UK services company Petrofac on 27 November for work to increase the production capacity of the Tinhert gas fields in the Illizi region. The first contract, valued at...

Issue 382 - 06 December 2018

Algeria

Issue 382 - 06 December 2018

Niger: Government amends Sipex PSC

The council of ministers in Niamey on 15 November approved an amendment to Sonatrach’s production-sharing contract (PSC) enabling it to carry out appraisal work on the Kafra Block. Sonatrach announced a discovery earlier this year on the block, which runs up to the Algerian...

Issue 382 - 06 December 2018

Niger

Issue 382 - 06 December 2018

Gabon: BW Offshore ships first Tortue crude cargo

BW Offshore successfully offloaded a first cargo of oil from the BW Adolo floating production, storage and offloading vessel (FPSO) on the Dussafu licence on 2 December. A total of 550,000 barrels of oil were transferred from the FPSO to a tanker, which will transport the crude...

Issue 382 - 06 December 2018

Gabon

Issue 382 - 06 December 2018

Botswana: Strata-X to drill in January

Denver, Colorado-based Strata-X Energy has received official approval for its environmental management plan (EMP) for a planned coalbed methane (CBM) drilling programme of up to 20 wells. With approval of the EMP, the company said it could now move forward with a planned two-...

Issue 382 - 06 December 2018

Botswana

Issue 381 - 22 November 2018

Kosmos in Shell tie-up as West Africa looks to revive exploration

Kosmos Energy has announced a new alliance with Royal Dutch Shell to expand its exploration into south-west Africa, following its tie-up with BP in West Africa. Initially, the Shell alliance will focus on Namibia, where Kosmos has farmed into Shell’s PEL 39 in the Orange Basin,...

Issue 381 - 22 November 2018

West Africa

Consultancy