West Africa ///

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.

Danos completes water injection piping fabrication for offshore platform in West Africa

Danos has completed water injection piping work for an offshore platform operated by a major oil and gas producer subsidiary off the coast of Equatorial Guinea.

Sonangol's ex-chair said to leave $2 billion in reserves

Isabel dos Santos, Africa’s richest woman, said Sonangol will be left with a financial reserve of $2 billion after she leaves as chair of Angola’s state-owned oil company.

Africa Oil, Eco announce strategic partnership for exploration in West Africa, Guyana

Africa Oil Corp. has announced that it has entered into a strategic partnership with Eco (Atlantic) Oil and Gas Ltd. for exploration in West Africa and Guyana.

FPSO lifecycle modeling adds benefits to development offshore West Africa

Leonardo Carpio, Sergio Juan, José María Nougués, Inprocess; Kari Berte Bye, Yinson Production

In a recent FPSO development project offshore West Africa, a lifecycle modeling approach project, ending in a direct-connect Operator Training System with Aspen HYSYS Dynamics, was used for process design and control narrative validation, procedure verification, ICSS check-out, control room operator training and support for FPSO start-up operations.

Halliburton opens new oil and gas training and research center in Nigeria

Halliburton announced today that it worked with the Akwa Ibom state government to inaugurate and open Nigeria’s first oil and gas training center fully-equipped with oilfield operations tools.

Abrado expands into Africa with opening of new partner operations base

Abrado Wellbore Services, a multi-string section milling and wellbore clean-out specialist company, has secured its first projects in the West Africa region.

Eland Oil & Gas provides operational update regarding Nigeria's Opuama field

Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, has announced that its joint-venture subsidiary Elcrest Exploration and Production Nigeria Ltd (Elcrest), has successfully handed over the Opuama-7 well to the Opuama field production team and the well is currently flow testing into the production facilities and on to export.

Nigerian militants end cease-fire, say oil attacks to restart

A militant group in Nigeria’s southern Niger River delta, whose attacks on oil installations in 2016 cut output to the lowest in three decades, said it ended a self-imposed cease-fire and will resume its violent campaign.

Eni CEO meets with Ghana's president

The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, and Eni CEO Claudio Descalzi met today in Accra to discuss Eni’s activities in the country, where operational activities are complemented by programs to enhance access to energy, socioeconomic development, health promotion and development of renewable energy sources.

Africa's oil industry needs to harness innovation, technology, PwC says

The oil and gas industry in Africa continues to face market challenges arising from the low oil price, competition for revenue growth and local talent together with new expectations from investors and regulators.

Africa unites to garner investment at Africa Oil Week in Cape Town

The African oil industry met this week to discuss the potential, but also the challenges, that the industry faces as the continent moves towards the commercialization of its huge gas and oil reserves.

Shell sells UK North Sea asset and Gabon onshore interests

Shell has completed the sale of a package of UK North Sea assets to Chrysaor for a total of up to $3.8 billion.

CGG secures contract for multi-client survey of onshore, offshore licenses in Côte d’Ivoire

CGG has been awarded a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, to acquire with its local partner, Harvex Geosolutions, a multi-client program of gravity, gravity gradiometry and magnetic data over the Republic’s onshore and shallow offshore basins.

Equatorial Guinea takes steps to stem output decline

Equatorial Guinea, OPEC’s newest member, is taking steps to stem the decline in its oil production following the acquisition by Kosmos Energy Ltd. and Trident Energy Management Ltd. of fields currently operated by Hess Corp.

Kosmos Energy picks up assets in Equatorial Guinea as Hess exits

Kosmos Energy will acquire assets from Hess. Additionally, existing investors Tullow Oil and GEPetrol will enter partnership with the new operator. The assets of Hess Corporation in Equatorial Guinea will be acquired by Kosmos Energy, the Ministry of Mines and Hydrocarbons has announced.

Rystad Energy: Northwestern Africa leading exploration activity

Conventionally, African exploration has been focused in Nigeria, Egypt and Libya; most other frontiers were either underexplored or not explored at all. However, in recent times Africa has been the hot spot for exploration activity, mostly concentrated in West Africa, offshore Mozambique and Tanzania, and the East African rift system in Kenya and Uganda, as well as the opening of new carbonate plays in the Nile Delta.