Africa ///

Applus RTD wins non-destructive testing work for Kaombo development project

Applus RTD has been awarded a contract from Heerema Marine Contractors as part of the Kaombo development offshore Angola.

IHS CERAWeek ’15: Gas leaders see small-scale LNG gaining momentum

HOUSTON -- At IHS CERAWeek '15 conference's 'Natural Gas Day', Daniel Yergin, Vice Chairman of IHS, chaired a plenary session on maintaining momentum in the global gas market.

InterMoor completes mooring replacement project offshore Equatorial Guinea

InterMoor Inc., an Acteon company and part of its foundations and moorings business, finished replacing critical components in an FPU mooring system offshore Equatorial Guinea on schedule, enabling the prime contractor, Boskalis, to expand the InterMoor work scope.

Eni doubles output in Egypt’s Western Desert

Eni has reached a record level of production—70,000 bopd—in Egypt's Western Desert, doubling its output in the area in just three years. The increase was mainly achieved thanks to the Melehia development lease, located 290 km west of Alexandria.

Repsol in Algerian gas discovery

Repsol has made its third gas discovery in the Illizi basin, in the southeast of Algeria.

Anadarko may sign Mozambique gas-supply deals in coming months

MAPUTO, Mozambique (Bloomberg) -- Anadarko Petroleum Corp. may soon close sales accords, enabling it to this year authorize a Mozambican project that has the potential to make the nation a top-three liquefied natural gas exporter, a company official said.

VAALCO brings Gabon's Etame 12-H well online

VAALCO Energy has announced first production from Etame 12-H, a development well drilled from the Etame platform offshore Gabon.

WorleyParsons wins Equatorial Guinea Block R Project work from Ophir

WorleyParsons has inked an agreement with Ophir Equatorial Guinea Ltd. for the provision of engineering and project management services for their Equatorial Guinea Block R Project—the Fortuna Project.

Companies in the news

Steven McGinn, World Oil

Companies in the news

Libya’s biggest oil port may reopen, as groups vie for buyers

Libya’s biggest oil port may reopen in two weeks, as fighting in the area recedes amid increasing competition between the divided North African nation’s rival governments for the control of crude exports.

African oil producers seek production cut, start initiative

The African Petroleum Producers Association, which represents oil and gas producers from Algeria to South Africa, called for a cut in oil output globally.

Saipem, Dangote announce JV in Central and West Africa

Saipem has entered into a JV with Dangote Group to create a new company named Saipem Dangote E&C.

Hercules Offshore announces five-year contract for Hercules 260

HOUSTON -- Hercules Offshore has signed a five-year contract with a subsidiary of Eni S.p.A. for use of the Hercules 260 in West Africa.

Total awards $100-million Moho Nord contract to Fugro

Fugro has been awarded a five-year contract with an estimated value of $100 million by Total E&P Congo. The agreement is for ROV services and remote subsea tooling in the Moho Nord field, situated around 75 km off the coast of Pointe Noire in the Republic of Congo.

Apache reports strong results from discoveries in Egypt's Western Desert

Apache Corp. has reported strong appraisal- and development-drilling results from Egypt following the discovery of two new oil fields in the Western Desert.

VAALCO Energy strikes out offshore Angola

VAALCO Energy’s post-salt Kindele-1 well, its first exploration well on Block 5 offshore Angola, was drilled to a total vertical depth of approximately 1,829 m, the company confirmed Monday. The objective reservoir, the Mucanzo sand formation in the Pinda Group section, was found to be water-bearing and the well is in the process of being plugged and abandoned.

Total completes $1 billion of onshore divestments in Nigerian blocks

Total has completed the divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P, a Nigerian company, for $569 million. Together with the recently completed divestments of OML 24 and OML 18, Total’s share of sale proceeds from these three onshore Nigerian blocks amounts to over $1 billion.

Statoil makes eighth discovery in Tanzania's Block 2

Statoil's Mdalasini-1 exploration well has resulted in a new natural gas discovery offshore Tanzania, the Stavanger-based company reported Monday.

Schlumberger unit to pay $233 million in Iran, Sudan sanctions case

Schlumberger Oilfield Holdings Ltd., a wholly owned subsidiary of Schlumberger Ltd., has agreed to enter a guilty plea and to pay a $232,708,356 penalty to the U.S. for conspiring to violate the International Emergency Economic Powers Act by willfully facilitating illegal transactions and engaging in trade with Iran and Sudan.

ION expands West African data library with acquisition of NamibiaSPAN

ION Geophysical has announced the completion of the seismic acquisition stage of the company's NamibiaSPAN program, which extends the full length of Namibia's offshore continental margin.