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Kosmos Energy is drilling a second well offshore Mauritania, with results expected in the middle of Q4. The Dallas-based company said in an operational update that the Marsouin-1 well on Block C8 spudded on 28 August. The well is located some 60km north of the basin-opening Tortue-1 well in a water depth of 2,400 metres and is designed to test a four-way trap with multiple stacked targets, including Lower Cenomanian, Albian and Aptian formations. It is targeting 300mboe of gas and liquids, and Kosmos plans up to seven exploration and appraisal wells over the next 18 months.

Mauritania | Senegal
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Having brought in a Japanese partner, the US indie is preparing to drill off Sierra Leone and Liberia, hoping to continue the region’s success with the drillbit established by Ghana’s oil plays. Meanwhile controversial entrepreneur Frank Timis is tightening his grip on resources plays in Sierra Leone

Sierra Leone | Liberia
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A decade-old production-sharing agreement (PSA) for three blocks in the Cuvette Centrale Basin has moved a step closer to approval with a new draft submitted to cabinet on 15 January. The PSA was originally signed on 21 December 2007 between the government and the Comico-Cohydro joint venture of Compagnie Minière du Congo and the state-owned Congolaise des Hydrocarbures for the exploration and development of blocks I, II and III of the Cuvette Centrale Basin.

DR Congo
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ANGOLA: New find on Block 31; ANGOLA: First oil from Morsa West; ANGOLA: Total gives CGGVeritas 4D inversion project; CHAD: New find for CNPC; EGYPT: BG begins Phase V gas production from WDDM; EGYPT: East Mediterranean Gas in repricing deal; LIBYA: Petrobras drills in Area 18; MOROCCO: New gas find for Circle; NIGERIA: Oando wins swamp drilling contract; NIGERIA: Acergy to revamp Mobil platforms

Egypt | Angola | Chad | Nigeria | Libya | Morocco
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AIM-listed Sound Energy has announced a better-than-expected gas flow from the TE-7 appraisal well on the Tendrara licence, and has raised a net £24.3m ($32m) through a share offer as it talks up the potential for a “huge gas deposit”. The share offer, at the market price rather than a discount, used the PrimaryBid.com online platform to enable private investors to participate on the same terms as institutions.

Morocco
Issue 233 - 15 June 2012

Tower wins Repsol farm-in

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Oil trader Arcadia Petroleum has secured a farm-in from Spain’s Repsol on its offshore licence 0010. Repsol plans to take a 44% stake and assume operatorship.

Namibia
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In a last-ditch bid to hang on to the licence, Hyperdynamics is claiming its Fatala well was a discovery, despite initially announcing it had not encountered hydrocarbons. The licence was due to expire on 21 September unless a discovery was made. Nigeria’s South Atlantic Petroleum, which farmed in to the licence in March, has withdrawn, but Hyperdynamics said it would be seeking a two-year appraisal period. However the company, which struggled to find funding and partners to drill Fatala, is likely to find financing appraisal work a challenge.

Guinea
Issue 330 - 16 September 2016

Ghana: CGG JV

Free

French geophysical services company CGG on 30 August announced an agreement with GNPC Operating Services Company Ltd (Gosco) to form a joint venture company focused on 2D, 3D and 4D marine seismic acquisition and related services. The company, Gosco Geoscience Ltd, will be a Ghanaian indigenous company based in Accra. Gosco, an independent Ghanaian upstream services company, operates the Offshore South-West Tano and East Keta petroleum blocks.

Ghana
Issue 154 - 09 January 2009

Gazprom plans following bid win

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Russia’s state-controlled Gazprom has said it will invest $120m in exploration of the El Assel perimeter, which it secured in the seventh bid round on 13 December.

Algeria
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Somaliland has had some success at attracting companies to explore for oil, but is burdened by Somalia’s troubles and by its lack of international recognition, writes Nadine Marroushi.

Somalia
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Houston-based McDermott International has won a contract to build a 15,000-tonne platform for Noble Energy’s Alen gas-condensate development project off the east coast of Bioko Island.

Equatorial Guinea
Issue 195 - 09 October 2010

Petronas pulls out of Ogaden

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Petronas is pulling out of Ethiopia, selling all its oil and gas interests to SouthWest Energy, the company formed by the Malaysians’ former local agent.

Ethiopia
Issue 201 - 21 January 2011

Morocco: Circle Oil in new gas find

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Circle Oil has announced a gas discovery with the KSR-10 exploration well on the Sebou permit, north-east of Rabat in the Rharb Basin.

Morocco
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While talking up its efforts to support the oil and gas industry through the current downturn with a two-year extension to all exploration contracts, the Ministry of Mines and Hydrocarbons has published a new ministerial order that limits to three years the period during which companies can employ expatriate workers. “The order follows years of successful capacity building and training within local companies and local labour in Equatorial Guinea, which has made available a well-trained pool of local talent,” a ministry statement said.

Equatorial Guinea
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Total and Sonangol signed a production-sharing agreement with the government of São Tomé & Príncipe on 15 March to explore for oil in Block 1 of the islands’ Exclusive Economic Zone (EEZ), the national oil agency ANP said.The award follows an invitation for expressions of interest launched by the São Toméan authorities in May 2018.

São Tomé & Príncipe