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Issue 199 - 03 December 2010

KBR to open Luanda operating centre

Free

KBR Oil & Gas has announced plans to open an Angola Operating Centre in Luanda to offer engineering, project management and construction management services

Angola
Issue 180 - 05 February 2010

Cameroon looks to gas to revive growth

Free

Long dismissed as a minor oil producer lacking access to the Gulf of Guinea’s prolific deep waters, Cameroon has high hopes of harnessing its gas for domestic use and export to boost its moribund economy, writes Thalia Griffiths, recently in Yaoundé

Cameroon
Subscriber

REPUBLIC OF CONGO: Third production well on Azurite field; LIBYA: NOC announces six discoveries; BURUNDI: Surestream contracts RPS for EIA; EGYPT: Second Matruh find for Apache; LIBYA: Neptune order thought to mark start of Gazprom project; LIBYA: Poles launch drilling programme; MAURITANIA: Dana, Petronas to drill; NIGERIA: Acergy contract; TANZANIA: BG confirms Ophir farm-in

Egypt | Mauritania | Nigeria | Libya | Congo Brazzaville | Tanzania | Burundi
Subscriber

Following the passing of the petroleum law in February, Somalia has announced a slimmed down licensing round offering seven offshore blocks. The blocks on offer are 152, 153, 164, 165, 177, 178 and 204 in the central offshore area. Somalia had previously announced the long- mooted bid round would include 15 blocks.The round is open for bidding from 4 August until 12 March 2021, the Ministry of Petroleum and Mineral Resources said.Terms are based on a model PSC.

Somalia
Subscriber

Tullow Oil has quietly shelved another planned well offshore Mauritania as it shifts its focus to lower cost exploration in East Africa and Norway. Tullow had been planning a four-well programme offshore Mauritania, talking up the region’s range of geological plays, but the first well, Frégate, suffered technical problems and cost $200m, and, in February, Tullow announced a change of overall exploration strategy. Tullow somewhat unconvincingly described Frégate, which failed to find commercial hydrocarbons, as a “technical breakthrough”, opening a new oil play in the Late Cretaceous, but the company dropped the planned fourth well from its schedule, and its latest corporate presentation, published earlier this month, shows that it has now also pushed back the third.

Mauritania
Issue 228 - 30 March 2012

Jubilee block stake in play

Subscriber

Stakes in the Ghanaian offshore, including the Jubilee field, held by Sabre Oil and Gas are said to be in play, with Kosmos Energy underlining its commitment to stay in Ghana by exercising its right of first refusal to bid for the assets, 4.05% of Deepwater Tano and 1.8% of West Cape Three Points

Ghana
Issue 273 - 17 March 2014

Namibia: Repsol drillship arrives

Subscriber

Repsol plans to start drilling the Welwitschia well in the Walvis Basin in April, after taking delivery of the Rowan Renaissance newbuild drillship, which arrived in Walvis Bay on 4 March. Partner Tower Resources said Repsol would carry out preparation and final acceptance testing on the drillship, which has been hired on a three-year contract. The well is expected to be drilled to a total depth of 3,000 metres to target Maastrichtian and Aptian-Albian reservoir sequences. Well operations are now scheduled to start on or around 11 April, with drilling to start about a week later.

Namibia
Issue 243 - 15 November 2012

Fastnet to exercise option in Morocco

Subscriber

Fastnet Oil and Gas, a company set up by former Cove Energy directors, has agreed to exercise its option to take up a 50% paying interest in the onshore Merada licence.

Morocco
Issue 423 - 24 September 2020

Kenya: South Lokichar review

Subscriber

Having so far failed to find a buyer, farmdown plans for blocks 10BB and 13T have been suspended while the joint venture partners review plans for the development. Tullow, which has 50% in the licences, and Total, which has 25%, put their stakes up for sale earlier this year. 

Kenya
Subscriber

Tullow Oil’s reported $300m bid to buy the West Cape Three Points Block stake held by EO Group – owned by former president John Kufuor’s allies Kwame Bauwah Edusei and George Owusu – not only raises the London-listed firm’s stake in the highly prized Jubilee field to almost 26.5%, it also represents what Accra observers call a ‘masterstroke’ to overcome thorny political questions that have blocked previous asset sales, including Kosmos Energy’s effort to sell its 23.49% Jubilee stake toExxonMobil for $4.3bn. EO’s directors are still being investigated in Ghana for alleged corruption (cases having been dropped in the US).

Ghana
Subscriber

Chevron affiliate Cabinda Gulf Oil Company Limited (Cabgoc) has given Maersk Drilling a notice of early contract termination for the ultra-deepwater semi-submersible Maersk Deliverer. The contract was due to end in December 2016, and Maersk Drilling is entitled to receive compensation for the remaining part of the contract. “It is a reminder of the very challenging conditions in the offshore rig market with oil companies restraining activities and capital spending in response to the lower oil price environment.

Angola
Issue 365 - 15 March 2018

Senegal: Wood wins SNE contracts

Subscriber

Engineering services company Wood has been awarded three contracts to perform subsea and flow assurance studies for Woodside Energy supporting the proposed SNE field development in the Rufisque, Sangomar and Sangomar Deep Offshore blocks. The contracts cover three separate concept definition studies: a targeted flow assurance study to ensure robust and safe design, an engineering assessment to demonstrate the feasibility of a riser and umbilical system at potential floating production, storage and offloading (FPSO) facilities, and a subsea flowlines study.

Senegal
Subscriber

Cairn Energy has taken over operatorship of onshore blocks CI-301 and CI-302 following the withdrawal of Tullow Oil. The Cairn-Tullow joint venture has pulled out of blocks CI-518, CI-519, CI-521 and CI-522 with effect from end-December 2020, while Tullow remains as operator of CI-520, in the area east of Abidjan around Grand-Bassam, with Cairn as a partner. Cairn said the 2021 work programme for blocks CI-301 and CI-302 was focused on completing a planned 2D seismic acquisition programme, once it is safe to do so.

Côte d'Ivoire
Issue 431 - 28 January 2021

Namibia: BW Energy raises Kudu stake

Subscriber

Operator BW Energy has signed an agreement with National Petroleum Corporation of Namibia (Namcor), raising its stake in the Kudu licence to 95% from 56%. Having failed to attract a farm-in partner, the Norwegian company wrote down the full value of the project in Q1 2020, saying the move reflected lower pricing and a delay to the expected development timing. BW Energy said the new arrangement would enable gas sales agreements and increased the likelihood of securing financing for the upstream.

Namibia
Subscriber

Operator Repsol spudded the delayed Welwitschia-1 well in the Walvis Basin on 23 April, using the Rowan Renaissance newbuild drillship. The drillship arrived in Walvis Bay on 4 March, at the start of a three-year contract to Repsol. The well is expected to be drilled to a total depth of 3,000 metres to target Maastrichtian and Aptian-Albian reservoir sequences, and is being keenly watched after a series of disappointing wells last year.

Namibia