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The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI). Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices, reformed regulatory frameworks in key markets including Angola and Nigeria and the discovery of major... Continue Reading →
(Reuters) - Shell (SHEL.L) said on Thursday it had suspended plans to sell its onshore oil assets in Nigeria, complying with a Supreme Court ruling that said it had to wait for the outcome of an appeal over a 2019 oil spill. "Shell welcomes the Nigerian Supreme Court's decision to hear the appeal of the Shell Petroleum... Continue Reading →
(OEM) In a bid to increase production capacity, joint venture (JV) partners in a field located in the Offshore Mining Lease no. 113 (OML 113) off Nigeria have decided to forgo a long-term extension for the current floating, production, storage, and offloading (FPSO) vessel operating on this field, as they plan to replace it in... Continue Reading →
Offshore drilling contractor Valaris has revealed that one of its drillships has set off towards Angola to embark on its new assignment with an affiliate of the U.S. energy giant, ExxonMobil. Back in October 2021, Valaris won a two-year deal for the drillship VALARIS DS-9 with Esso Exploration Angola, an affiliate of ExxonMobil, for operations offshore Angola. At... Continue Reading →
Europe's move away from Russian gas provides a ready and lucrative market for a vast project being developed in West Africa, Mauritania's oil minister said on Thursday. As Russia has reduced gas supplies to Europe and Europe seeks to limit its dependence on Russian gas, Africa has an opportunity to fill the gap, but it... Continue Reading →
(OED) Italian oil and gas firm Eni's giant oil find offshore Ivory Coast last year won the 'discovery of the year' award, and Eni also secured the title of the upstream industry’s most-admired explorer, an accolade awarded as part of Wood Mackenzie’s annual Exploration Survey. Eni's exploration director Luca Bertelli won the Lifetime Achievement Award, too.... Continue Reading →
PGS has won a “significant” acquisition contract comprising several 4D surveys by an international oil company offshore West Africa. The acquisition is scheduled to start in early November and is expected to be complete in early May 2023. “We are very pleased with this contract award, which secures work for Ramform Vanguard until next summer season. Combining the Ramform acquisition platform and our GeoStreamer technology will... Continue Reading →
Havfram has secured a contract by MODEC Offshore Production Systems (Singapore) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) vessel destined for Senegal. MODEC will supply the facility to Woodside as part of the Sangomar Field Development Phase 1 project, Senegal’s first offshore oil development. Under the... Continue Reading →
Italian oil and gas company Eni said Saturday that the first hydrocarbons had been introduced from the Coral South reservoir offshore Mozambique into the Coral South FLNG unit. Eni operates the offshore Area 4 where the Coral South FLNG is located. Eni's partners are ExxonMobil, CNPC, GALP, KOGAS, and ENH. Coral South, also known as... Continue Reading →
TechnipFMC has won a contract with TotalEnergies EP Angola to supply subsea production systems for the CLOV Phase 3 development in Block 17 off the coast of Angola. The delivery will include Subsea 2.0 trees and associated controls, umbilical termination assemblies, jumpers and services. The contract is the first under the new framework agreement that... Continue Reading →
Brazil Energy Insight 