West Africa ///

SDX Energy spuds fifth development well on Sebou permit in Morocco

SDX Energy Inc., the North Africa focused oil and gas company, has spud its ONZ-7 development well on the Sebou permit in Morocco.

Morocco to tender for $4.6-billion natural gas project

Morocco, which depends on imports for almost all of its energy needs, will soon tender for companies to build a $4.6-billion natural gas project, Energy Minister Aziz Rabbah said.

Maersk Drilling announces four-year contract with Tullow Ghana

Maersk Drilling has been awarded a four year contract for the deepwater drillship Maersk Venturer by Tullow Ghana Ltd.

Pipeline fire causes Nigeria to lose almost half its power output

A fire at a Nigerian pipeline interrupted gas supplies to companies generating more than 3,000 MW in Africa’s most populous nation, the government said.

Saipem awarded additional E&C works, drilling contracts worth $380 million

Saipem has signed a contract with Eni Angola S.p.A. in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned and communicated in 2016 and 2017 and adds the scope of work for the development of Vandumbu field in Block 15/06.

Eni enters into new exploration permits offshore Morocco

Eni has signed a Petroleum Agreement (PA) with the Moroccan State Company ONHYM to enter into the Tarfaya Offshore Shallow exploration permits I-XII, located in the waters of the Atlantic Ocean offshore the cities of Sidi Ifni, Tan Tan and Tarfaya.

Eni, Shell to face trial in Italy in $1-billion bribery case

Eni, Royal Dutch Shell and senior executives will face trial over a $1.1 billion bribery scandal in Nigeria, an Italian judge ruled on Wednesday.

Crude declines as Nigeria oil workers strike is suspended

Crude edged lower as an oil-worker strike in Nigeria was suspended and the time line for fixing a key North Sea pipeline didn’t worsen.

Nigeria's Pengassan oil union on strike to protest job cuts

A Nigerian oil union said it began an indefinite strike to protest unfair labor practices at a local petroleum-exploration company.

First gas achieved from Algerian Gas Project Reggane Nord

The Groupement Reggane Nord (GRN) consortium, of which DEA is part with a 19.5% stake, announced that production from four out of six Reggane Nord gas fields commenced successfully on Dec. 13, 2017. The first wells have been put in production.

Nigeria takes $1 billion from oil savings to fight militants

Nigeria will take $1 billion from a special account for oil-revenue savings to boost its war against Boko Haram Islamist militants in the country’s northeast.

New Africa gas comes at right time for Europe in supply woes

A week ago, Cameroon was getting ready to jostle for space in a global liquefied natural gas market already crowded with new supplies from the U.S. and Russia. Now the extra output couldn’t come at a better time.

ABS partnership enhances safety in Ghana’s offshore industry

ABS, a provider of classification and technical services to the marine and offshore industries, formed a joint venture with Notabene Classification Limited to offer regulatory and technical support services, including key classification services to the upstream oil and gas market in Ghana.

Sonangol's former leader prepares new oil plans after losing post in Angola

Less than a month after being fired as head of Angola’s state-owned oil company, Isabel dos Santos says she is studying new deals.

African Petroleum announces licence extensions in Sierra Leone

African Petroleum, an independent oil and gas exploration company with licence interests in four countries offshore West Africa, has announced that its wholly owned subsidiaries, European Hydrocarbon Limited and African Petroleum Sierra Leone Limited, have signed agreements with the Petroleum Directorate Sierra Leone to enter into the Second Extension Periods of the SL-03 and SL-4A-10 licences, respectively.

OPEC crude output drops to six-month low on Angola maintenance

Crude production from the Organization of Petroleum Exporting Countries dropped again in November to a six-month low.

ExxonMobil acquires exploration acreage in three Mauritania offshore blocks

ExxonMobil has announced that its wholly owned affiliate, ExxonMobil E&P Mauritania Deepwater Ltd., has signed production sharing contracts with the government of Mauritania for three deepwater offshore blocks.

Sound Energy reports exploration volume estimates for Sidi Moktar

Sound Energy, the African and European focused upstream gas company, has provided the Company's first volumes estimate of the exploration potential of the Sidi Moktar exploration permits in Central Morocco.

Hess completes sale of interests in Equatorial Guinea

Hess Corporation has announced that it has completed the previously announced sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, effective Jan. 1, 2017.

Eni becomes operator of Angola's Cabinda North Block

Eni’s CEO Claudio Descalzi and Sonangol’s Chairman of the Board of Directors Carlos Saturnino signed today an agreement that assigns operatorship of Cabinda North Block to Eni, as well as 48% the block’s rights.