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 →
West Africa must grasp opportunity of Europe’s shift from Russian gas
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 →
Eni’s Giant Oil Find Offshore Ivory Coast Wins Discovery of the Year Award
(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 to deliver several 4D surveys offshore West Africa
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 to back MODEC on Senegal’s first offshore oil development
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 →
First Hydrocarbons Introduced into Coral South FLNG Offshore Mozambique
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 →
TotalEnergies places subsea order with TechnipFMC off Angola
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 →
Deepwater Drilling: Venus puts Southern Africa in the Spotlight
(OE) Shell's and TotalEnergies' Graff and Venus deepwater discoveries off Namibia have put southern Africa under the exploration spotlight. With deepwater offering high productivity reserves, it's a spotlight that's likely to linger for a few years yet, despite continued offshore upstream capital discipline. With talk of TotalEnergies' offshore Namibia Venus discovery potentially containing more than... Continue Reading →
TotalEnergies to invest $850 million on Angola project
French energy giant TotalEnergies and its partners have made a final investment decision on an $850 million project offshore Angola as part of their plans to further develop the CLOV complex located in Block 17. Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) and TotalEnergies announced the decision for the CLOV Phase 3 development last Friday,... Continue Reading →
Demand Grows for OSVs in the Offshore Floating Production and Storage Energy Sector – Long read
By: Philip Lewis (OE) Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports, “The global oil and natural gas markets are contending with rebounding energy demand on top of supply disruptions from Russia’s invasion... Continue Reading →
