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Subscriber

The Ministry of Mines and Petroleum has terminated a contract with China’s Poly-GCL Petroleum Group Holding (Poly-GCL), citing a lack of progress in developing the Calub and Hilala gas fields and its failure to meet conditions set the government earlier this year.

Ethiopia
Subscriber

Houston-listed Vaalco Energy has secured government approval for the Venus Block P development plan in Equatorial Guinea, where the company now has an 80% participation interest in the project and is the operator.

Equatorial Guinea
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Houston-based Vaalco Energy said on 27 September that results from drilling of the North Tchibala 2H-ST well in the offshore Etame field had exceeded expectations.

Gabon
Free

Canada’s Reconnaissance Energy Africa (ReconAfrica) has agreed to buy half of Namcor Exploration and Production’s 10% interest in the 6.3m-acre petroleum exploration licence (PEL) 73 in Kavango Basin.

Namibia
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Mozambique’s first liquefied natural gas (LNG) exports are expected to be dispatched “on or around” 14 October, shipping industry publication Trade Winds said on 21 September citing sources working with Eni’s Coral Sul 3.4m t/yr floating liquid natural gas (FLNG) plant. The Rome-headquartered supermajor is said to be moving towards ordering a second FLNG vessel.

Mozambique
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A typhoon in Qidong, China on 15 September unmoored the recently-completed floating, production, storage and offloading (FPSO) vessel for phase one of the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) development. The vessel will process gas from four ultra-deep-water wells at the export project’s 2.45m t/yr first phase.

Mauritania | Senegal
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An early September judgement confirming the Eastern Cape High Court’s rejection of Shell’s attempt to conduct seismic surveys along South Africa’s eastern coast will leave the government – and oil companies – with plenty of food for thought, as South Africa and many other countries look to produce more hydrocarbons in sensitive environments, James Gavin writes.

South Africa
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Many critical questions remain to be answered, as supermajors keep their counsel on developing a major new offshore oil and gas play, but things seem to be moving ahead quickly with Chevron said to be re-entering the Orange Basin after two decades, the government saying it has agreed with Shell and TotalEnergies that production from their Graff and Venus discoveries should start ‘as soon as possible’, and BW Energy making promising noises about the Kudu gas-to-power play. Local players are set for a big payday as the Namibian upstream becomes a supermajor focus, writes Marc Howard.

Namibia
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Government agency the Petroleum Directorate of Sierra Leone (PDSL) has extended its fifth offshore licensing round until 27 January 2023, giving the positive spin that there is “increased interest in the upstream sector in West Africa”. Potential bidders can review 29,000km of 2D and 11,000km2 of 3D seismic data.

Sierra Leone
Free

The floating, production, storage and offloading (FPSO) vessel for Greater Tortue Ahmeyim (GTA) Phase I has been completed and “will soon sail to Mauritania and Senegal”, France’s Technip Energies NV said on 12 September.

Senegal | Mauritania
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Kudu field operator BW Energy has purchased a semi-submersible drilling rig, Leo, for $14m to be repurposed as a floating production unit (FPU) to supply a nearshore 420MW jack-up barge power plant. Gas from the 130 mcf/d capacity FPU will be dispatched to Elizabeth Bay by a 195km subsea 12-inch pipeline, BW said in a 25 August half-year results presentation.

Namibia
Subscriber

Eni has announced the completion of its acquisition of UK supermajor BP’s assets in Algeria, including working interests in the In Amenas (45.89%) and In Salah (33.15%) gas fields, which together produced 11bcm in 2021. The purchase adds to a flow of recent deals has buttressed Eni’s position as the leading international oil company (IOC) in north-west Africa.

Algeria
Subscriber

London AIM-listed Sound Energy on 14 September announced a ruling against it by tax authorities it its dispute with the Moroccan tax authorities. Sound estimated the ruling could cost it $19.7m in back taxes; it has 60 days to accept the decision or challenge it in court.

Morocco
Subscriber

London- and Ghana-listed Tullow Oil announced better than expected H1 2022 results on 14 September, with 60,900 boe/d working interest production, of which its Jubilee and Tweneboa, Enyenra, Ntomme (Ten) fields in Ghana contributed 30,800 boe/d and 12,500 boe/d respectively.

Ghana
Subscriber

Nairobi-headquartered Adamantine Energy’s wholly-owned subsidiary Adamantine Energy Seychelles Ltd (AESL) has signed an agreement to formally acquire a 100% -operated stake in two offshore blocks, heralding the potential restart of oil exploration activities in Seychelles waters.

Seychelles