Penspen, a leading global provider of engineering and management services to the energy industry, has been awarded a contract from Sirius Group to conduct an engineering study for the monetiZation of gas reserves from oilfields offshore Niger Delta.
The Ministry of Mines, Industry and Energy of Equatorial Guinea has announced that national gas company SONAGAS will begin marketing the State’s share of liquefied petroleum gas (LPG) produced at the Alba Plant, on Bioko Island.
Ophir Energy Plc, the U.K. oil and gas explorer active in Africa, has received informal takeover and merger interest from several parties as a slump in crude oil prices forces independent operators to consolidate, according to people with knowledge of the matter.
With the giant Zohr gas field in Egypt expected to come online by 2018, and President Abdel Fattah Al-Sisi agreeing to remove any political obstacles to Eni commercializing the field, the stage is being set for a wider regional development plan catalyzing other projects in the east Mediterranean, according to GlobalData.
Oil below $50 has made more than two out of three investment projects on the continent non-viable.
Polarcus has signed a contract with an undisclosed client for a 3D marine seismic project offshore Egypt.
The successful installation and operation of the industry’s first subsea jet pump has allowed wells offshore Tunisia to produce well above the expected rate, which makes future consideration for this type of application even more likely.
Tullow Oil announced Tuesday that the Emesek-1 exploration well, in Block 13T in the North Lokichar basin, Northern Kenya, reached a total depth of 3,000 m without encountering commercial hydrocarbons.
Kosmos Energy announced Thursday that the Marsouin-1 exploration well, in the northern part of Block C-8, offshore Mauritania, has made a significant, play-extending gas discovery.
Maersk Oil has agreed to acquire half of Africa Oil Corp.’s shares in three onshore exploration licences in Kenya and a further two in Ethiopia.
BP has signed a Heads of Agreement with the Egyptian Minister of Petroleum regarding the acceleration of the development of the recent Atoll gas discovery.
Eni has reported a new discovery of gas and condensates offshore Congo, in the Nkala Marine exploration prospect, in Block Marine XII, about 20 km from the coast and 3 km from the producing Nene Marine field.
Eni, together with Statoil, Sasol and ENH, has been awarded the exploration and development rights for Block A5-A, following the 5th Competitive Mozambique Bid Round.
Chevron Corporation announced Monday that its subsidiary, Chevron Overseas (Congo) Limited, has commenced oil and gas production from Lianzi field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola.
Following the success of its 2012 and 2014 bidding rounds, the Ministry of Mines, Industry and Energy of Equatorial Guinea has announced it will launch a new bidding round for all remaining deep and ultra-deepwater blocks in 2016.
The Ministry of Mines, Industry and Energy, representing the Government of Equatorial Guinea, announced today that it has signed a Memorandum of Understanding (MOU) with three companies to build a crude oil and petroleum products storage tank farm on Bioko Island, Equatorial Guinea.
Statoil has completed a farm-in transaction with Exxon Mobil Exploration and Production South Africa Limited, acquiring a 35% interest in the ER 12/3/154 Tugela South Exploration Right.
Sasol has confirmed that two of its three applications in Mozambique's 5th Licensing Round were successful.
Subsea 7 has been awarded a sizeable contract by Pharaonic Petroleum Company S.A.E. for the development of the East Nile Delta Phase 3 Project (END-3).
Shell Nigeria Exploration and Production Company (SNEPCo) has started production from the Bonga Phase 3 project.