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Pressure from Gazprom appears to have motivated Sintez Group to move into Africa. According to Moscow financial daily Kommersant, Gazprom would like to regain control of two prospective fields in the Russian Arctic offshore, controlled by Sintez.

Namibia
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Failure to address local environmental concerns and RWE’s divestment programme are hampering the development of gas in the West Nile Delta concessions, writes Nadine Marroushi in Cairo. The deal signed by BP and Germany’s RWE Dea in July 2010 to bring gas reserves in the North Alexandrian and West Mediterranean concessions on stream by 2014 is one year behind schedule due to pressure from environmentalists.

Egypt
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San Leon-Island merger proposal; Ultra-deep Transocean drillship starts work off Angola

Angola | Morocco
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Malaysia’s Petronas has given Ocean Installer a contract to assist in decommissioning work on the offshore Chinguetti oilfield. The contract for decommissioning of risers and umbilicals on the field follows an award from floating production, storage and offloading (FPSO) vessel operator BW Offshore on the same field in early February.

Mauritania
Issue 239 - 21 September 2012

Sonatrach awards contracts worth $573m

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State energy company Sonatrach on 13 September announced that it had awarded four contracts totaling more than $573m to Schlumberger and Halliburton Entreprise de Services aux Puits (HESP) for logging, testing and other drilling operations in so far unspecified acreage. Schlumberger’s two contracts are worth $341m-plus and HESP’s orders were valued at $232m, Sonatrach said.

Algeria
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ConocoPhillips has agreed to sell its Nigerian business unit to Toronto-listed Oando Energy Resources for $1.79bn, as well as offloading its Algerian assets to Indonesia’s Pertamina.

Nigeria | Algeria
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Lukoil Overseas has completed drilling its first offshore exploration well, Capitaine East-1x, on Block CI-101. Lukoil said the well had penetrated through 140 metres of sandstone from a Turonian formation. The company said the well confirmed the presence of hydrocarbons, indicating the oil potential of the area, but did not specify whether it was a discovery. The well was drilled to a target depth of more than 5,200 metres in water depths of more than 2,000 metres, using Ocean Rig’s Eirik Raude semisubmersible drilling rig.

Côte d'Ivoire
Issue 320 - 24 March 2016

Egypt: Brisk pace for Zohr appraisal

Free

Eni is powering ahead with appraisal of the Zohr gas discovery, with a successful production test of the Zohr 2X well and plans for three more wells this year. The well delivered up to 44mcf/d constrained by surface facilities, and is expected to have a production capacity of up to 250mcf/d. The well, the first appraisal well of the August 2015 Zohr discovery, was located 1.5km south-east of Zohr 1X and downdip of it, on the flank of the structure, in a water depth of 1,460 metres. Eni said the appraisal programme envisaged a further three wells this year.

Egypt
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There are signs from Accra that after the government’s bitter and protracted battle with Kosmos Energy over the attempted sale to ExxonMobil of its prized 23.491% Jubilee field stake, Kosmos might, after all, be allowed to sell to a buyer of its choosing (AE 191/3).

Ghana
Issue 171 - 03 October 2009

COMPANIES AND PEOPLE: PetroSA, Circle

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PETROSA: Venezuelan joint venture; Circle Oil: Plans to raise output in Egypt and Morocco

Egypt | South Africa
Issue 425 - 22 October 2020

Somalia: Exploration hopes

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Somalia hopes that its current licensing round means oil exploration can get under way by Q4 2021.A licensing round offering seven blocks opened in May and is due to close on 12 March. Somali Petroleum Authority (SPA). chairman and chief executive Ibrahim Ali Hussein told the Africa Oil Week virtual conference on 8 October that he expected block awards to be made in early April and companies to mobilise immediately to launch exploration work. “By Q4 next year exploration will start,” he said.

Somalia
Issue 360 - 21 December 2017

Mauritania: Lamantin well fails

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Kosmos Energy said on 12 December that the Lamantin-1 well on Block C-12 had failed to find significant hydrocarbons. Kosmos said the Campanian reservoir target was water-bearing. “We believe the prospect failed due to a lack of trap, related to a combination of up-dip sand pinch-out and top/base seal effectiveness. The well will now be plugged and abandoned and the well results integrated into the ongoing evaluation of the significant remaining prospectivity in Kosmos’ large acreage position,” Kosmos said.

Mauritania
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While the Jubilee field is being fast-tracked to first oil next year, approval of the development plan has been proceeding rather more slowly

Ghana
Issue 363 - 15 February 2018

Ghana: Hess drops Pecan development plans

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New York-based independent Hess Corporation has decided not to develop the discoveries in the Deepwater Tano Cape Three Points licence and is evaluating options to monetise the asset. The company’s Q4 results announced on 5 February included an after-tax charge of $280m to fully impair the carrying value of its 50% operated interest in the licence.

Ghana
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Bowleven bid slashed; TGS-Nopec completes Somaliland survey; Sipetrol sells Egyptian block; Sasol spreads international reach in PNG

Cameroon | Somalia | Egypt | Gabon | South Africa