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PGS has added 10,700 square kilometers of 3D MultiClient data to its data library coverage of the Niger Delta, kick-starting a major reprocessing project. According to PGS, this will be the cornerstone of a new regional-scale MegaSurveyPlus dataset for Nigeria, with the final data set to be ready in Q4 2022. The Nigeria MegaSurveyPlus covers... Continue Reading →
(Reuters) - A South African high court on Tuesday blocked Shell (RDSa.L) from conducting seismic testing offshore from South Africa's pristine Wild Coast, in the latest ruling in a case seeking to prevent the oil major from exploring for oil and gas. On Dec. 3 a different high court order gave Shell the go-ahead to conduct an... Continue Reading →
(Reuters) Royal Dutch Shell's Nigerian subsidiary SPDC has declared force majeure on exports of Nigerian Forcados crude oil after the obstruction of a tanker path by a malfunctioning barge, the company said in a statement. The action came into effect on Monday at 12:00 midday and Shell Petroleum Development Company of Nigeria Limited said that... Continue Reading →
Australia’s FAR Limited is encouraged by oil shows and potential reservoirs encountered in the Bambo-1 exploration well offshore The Gambia despite no live oil columns being present. The well is located in Block A2 where FAR is the operator with a 50 per cent interest while its joint venture partner, PC Gambia – a subsidiary... Continue Reading →
BP's floating, production, storage, and offloading vessel (FPSO) for the Greater Tortue Ahmeyim gas project offshore West Africa is expected in Senegal waters for commissioning and testing by the end of 2022, a company executive said on Friday. The FPSO for the project, which straddles Senegal and Mauritania, is being built in China by France's Technip Energies.... Continue Reading →
(OE) Africa needs harmonized oil legislation to avoid ruinous competition among its oil-producing nations as they vie for investors, Senegal's President Macky Sall told an oil conference on Thursday. Sall said that as some developed nations push for an end to investments in fossil fuels, particularly gas, African countries needed to attract partners who are financially and technically reliable with... Continue Reading →
An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil and 17.5 million cubic feet of gas, the Ivorian government said on Wednesday. Production will then ramp up in 2026 to between 75,000 and 100,000 barrels... Continue Reading →
(OM) Strohm has developed a thermoplastic composite pipe (TCP) with an integrated weight coating. The company has supplied the first fully bonded TCP flowline featuring the coating – measuring 2,200 m (7,218 ft) in length and with a diameter of 2.5-in. – to Trident to support the Elon-C subsea tieback to the Okume platform complex offshore Equatorial Guinea.... Continue Reading →
(Offshore) Wood Mackenzie’s Global Upstream Outlook 2022 predicts a 9% increase in investments next year to more than $400 billion. The consultants expect more than 40 projects with resources of more than 50 MMboe to be sanctioned, with low-breakeven, low-carbon deepwater projects dominating greenfield final investment decisions. Fraser McKay, vice president upstream research, said: “Companies will allocate... Continue Reading →
(BUSINESS WIRE)--Helix Energy Solutions Group, Inc. (NYSE: HLX) is pleased to announce that it has entered into an extension of its well intervention charter and services contracts for the Siem Helix 2 offshore Brazil with Petróleo Brasileiro S.A. (Petrobras). The initial four-year contract for the Siem Helix 2 has been extended by one year at a reduced rate reflective... Continue Reading →
Brazil Energy Insight 