West Africa
News
October 08, 2015
Plans by Nigeria, Africa’s biggest oil producer, to review offshore production contracts signed with international oil companies two decades ago, have added to uncertainty in an industry already lacking regulatory clarity, said analysts including Philippe de Pontet of Eurasia Group.
News
October 05, 2015
Shell Nigeria Exploration and Production Company (SNEPCo) has started production from the Bonga Phase 3 project.
News
October 01, 2015
Noble Energy’s Cheetah exploration well, in the Tilapia license offshore Cameroon, reached the targeted Cretaceous interval and is being plugged and abandoned. The well encountered both crude oil and natural gas shows in multiple non-commercial reservoir sands.
News
October 01, 2015
Technip’s wholly owned subsidiaries Technip Umbilicals Ltd. and Angoflex Ltda. have been awarded a contract by Eni to supply umbilicals to the Block 15/06 East Hub Development offshore Angola.
News
September 21, 2015
TGS and the African Petroleum Producers’ Association (APPA) have signed a Letter of Intent to harmonize the stratigraphic nomenclature of the sedimentary basins of 13 countries in Africa.
News
September 17, 2015
VAALCO Energy reports that the North Tchibala 1-H well, the first development well drilled by VAALCO in North Tchibala field, was brought online at a rate slightly in excess of 3,000 bopd (gross).
News
September 16, 2015
Exxon Mobil announced Wednesday that its subsidiary, Esso Exploration and Production Nigeria Limited, has started oil production ahead of schedule at the Erha North Phase 2 project offshore Nigeria.
News
September 15, 2015
A new joint venture between Harkand and Consolidated Shipping Agencies has resulted in its first contract win in Ghana, West Africa.
News
September 01, 2015
Nigeria’s state oil company is set to deploy drones to check the movements of ships in the country’s waters in a bid to free Africa’s largest crude producer from theft of the commodity within eight months.
News
August 24, 2015
Sonangol and Cobalt International Energy have announced the signing of a sale and purchase agreement for Sonangol to acquire all of Cobalt’s 40% participating interest in Blocks 21/09 and 20/11 offshore Angola for $1.75 billion.
News
August 24, 2015
Maurel & Prom has opened the first two wells of the Mnazi Bay gas field that will deliver gas to the Madimba processing center (operated by GASCO, a subsidiary of TPDC), the entry point of the gas pipeline linking Mtwara to Dar es Salaam.
News
August 18, 2015
Aquatic Engineering and Construction, an Acteon company, has been awarded a multi-million dollar contract on the $10-billion Moho Nord subsea project, off the coast of the Republic of Congo, West Africa.
News
August 18, 2015
Wood Group has received a letter of award for a new five year, multi-million dollar contract with Shell, to provide services to four onshore oil fields in Gabon.
News
August 17, 2015
OPEC can do little to halt the oil price decline on its own and needs producers from outside the group to help in reducing global supplies, Algeria’s Energy Minister said.
News
August 04, 2015
Nigeria must urgently reform the way it sells oil to prevent Africa’s biggest crude producer losing billions of dollars of revenue, according to a new report.
News
August 03, 2015
Ceona has expanded its West African reach after entering into a strategic partnership with Interoil Angola Lda.
News
July 31, 2015
The World Bank approved $700 million in investment guarantees for an offshore gas project in Ghana that will help the country address electricity shortages.
News
July 23, 2015
Eni SpA, Italy’s largest oil company, is considering selling part or all of its onshore Nigerian operations as it seeks to divest peripheral businesses amid a drop in oil prices.
News
July 20, 2015
Tullow Oil announced Monday that gas export from Jubilee field to the Ghana Gas plant at Atuabo has been suspended since July 3, due to technical issues with gas compression systems on the FPSO Kwame Nkrumah, and is expected to resume by mid-August.
News
July 20, 2015
Polarcus has started a new 3D broadband multi-client project across the Mauritania-Senegal-Guinea-Bissau basin (MSGB), offshore northwest Africa.
News
July 15, 2015
Despite over 37 billion bbl remaining in proven reserves, oil production in Nigeria is forecast to falter due to underinvestment, with the country’s oil and gas sector in desperate need of reforms and transparency to reverse this trend, according to an analyst with research and consulting firm GlobalData.
