Africa ///

Nigeria oil thieves keep a lid on output even as bombs abate

The Agbada 2 flow station should have been buzzing with activity, pumping crude to one of Nigeria’s largest export terminals. Instead it was idle in the muggy, mid-morning heat as Wilcox Emmanuel, the facility’s manager, shrugged in resignation about the thieves who’d shut him down.

Sparrows Group, SPIE seal first joint cranes contract for Total E&P Congo

Sparrows Group and SPIE Oil & Gas Services have secured their first joint delivery project, which is in West Africa, after Total E&P Congo awarded the partners the crane maintenance contract on the Moho Nord development.

African Petroleum allows lapse of sale exclusivity clause for Gambia, Senegal blocks

African Petroleum has agreed to let an exclusive agreement lapse in talks to sell oil licences in Gambia and Senegal, it said on Thursday.

Sound Energy provides extended well test update at Tendrara, onshore Morocco

Sound Energy, the African and European focused upstream gas company, has provided an update on the TE-7 extended well test, including an initial measurement of the reservoir pressure build-up response.

SOFEC awarded contract for Coral South Project, offshore Mozambique

MODEC, Inc., has announced that SOFEC, Inc., a MODEC Group company, has been awarded the turret mooring system supply contract for the Coral South Project by the joint venture consisting of TechnipFMC and JGC Corporation.

Nigeria signals willingness to agree on oil production cap

Nigeria signaled its willingness to cap its oil production to support OPEC’s efforts to ease a global supply glut.

Cairn Energy announces results of FAN South-1 well, offshore Senegal

Cairn Energy has announced the results of the FAN South-1 well in the South Fan prospect offshore Senegal.

A hydrocarbon hotbed, West Africa entices explorers with auspicious prospects

Emily Querubin, World Oil

While much of West Africa suffers from economic hardship, political turmoil and corruption, other regions are thriving. Despite the risk to E&P activity in these precarious areas of operation, producers cannot ignore its abundant resources and its affluent potential to be an international hydrocarbon hotbed.

Jeff Miller shares his vision for Halliburton’s future

In an exclusive interview at the company’s headquarters in north Houston, Halliburton President Jeff Miller, newly named as CEO, visited with Gulf Publishing Vice President Ron Higgins and Editor-in-Chief Kurt Abraham, to outline his thoughts and priorities for the firm’s next few years.

Sound Energy reports successful Koba-1 well test in Morocco

Sound Energy, the Moroccan and European focused upstream gas company, is delighted to report the success of operations to date at the Koba-1 well at Sidi Moktar, onshore Morocco.

Odfjell Drilling awarded contract with Total E&P South Africa

Further to the conditional letter of award (CLOA) as announced on March 1, 2017, Odfjell Drilling has now been awarded the contract as described in the CLOA. The contract is awarded by Total E&P South Africa and is for a one well, plus one optional well, to be drilled by the sixth-generation semisubmersible, Deepsea Stavanger, offshore South Africa.

African Petroleum shares tumble as Gambia ends exploration talks

Shares in Oslo-listed African Petroleum plunged over 40% on Wednesday, a day after falling 50%, as Gambian Oil Minister Fafa Sanyang confirmed that his country had ended talks to extend exploration rights for two offshore areas.

Nigeria's cabinet approves national gas policy

Nigeria's cabinet has approved a national gas policy that aims to reduce the country's dependence on crude oil by increasing gas exploration and facilities, the oil ministry said in a statement.

ONGC Videsh enters offshore Namibia with Tullow agreement

ONGC Videsh has signed definitive binding agreements with Tullow Namibia Limited (Tullow), a wholly owned subsidiary of Tullow Oil plc, acquiring 30% participating interest in Namibia Petroleum Exploration License 0037 for Blocks 2112A, 2012B and 2113B.

Nigerian state oil firm saved $2 billion with cheaper contracts

Nigeria's state oil company has saved $2 billion in the past year by renegotiating its upstream servicing contracts, it said in a statement on Tuesday, as it tries to reduce high overheads.

Libyan oil output exceeds 1 MMbpd for first time in four years

Libya's oil production has risen to 1.012 MMbopd, a Libyan oil industry source told Reuters on Friday, topping 1 MMbpd for the first time in four years.

BP takes $750-million hit for Angola exploration write-off

BP will book a $750-million charge for unsuccessful exploration campaigns in Angola, the company said on Thursday, a write-off that will weigh on its second-quarter results.

Libyan crude gushes into tankers as nation's output accelerates

Libyan oil shipments are poised to hit their highest level in at least three years in the latest sign the North African country is managing to sustain a production revival.

Aker Solutions to supply umbilicals for Mozambique's first offshore field development

Aker Solutions was awarded a contract to deliver three umbilicals and associated equipment at Eni's Coral South project, Mozambique's first offshore field development.

ION expands West African 2D data library with new acquisition offshore Gabon

ION Geophysical Corporation has announced a new 2D multi-client program offshore Gabon, EquatorSPAN II, in cooperation with the Gabon Ministry of Petroleum and Hydrocarbons, Direction Général des Hydrocarbures of Gabon (DGH).