West Africa ///

Enpro Subsea wins frame agreement, supporting Tullow Oil in West Africa

Production optimization specialist company Enpro Subsea has been awarded a frame agreement contract to support leading multinational exploration and production (E&P) company Tullow Oil as part of the operator’s strategic activities in Ghana.

ICON delivers its first field development work in West Africa

Australian offshore engineer, ICON Engineering, has delivered its first field development work in West Africa, supporting the planning for a wellhead platform and processing facilities.

Bowleven contracts jackup rig for Etinde appraisal in Cameroon

Bowleven, the Africa focused oil and gas exploration group traded on AIM, is pleased to announce a key milestone in the appraisal drilling campaign of its Etinde asset, in which the Company holds a 25% offshore interest.

Nigeria can't rely on rising oil prices, finance minister says

Africa’s top oil producer is learning to ignore crude prices, Nigeria’s Finance Minister Kemi Adeosun said.

Enpro Subsea receives PE funding for development of production, intervention technologies

Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimization business into new and existing international markets and further develop its range of production optimization and intervention technologies.

ExxonMobil acquires exploration, production rights for Ghana's Cape Three Points

ExxonMobil today announced that it has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block.

Nigeria moves closer to energy overhaul with new oil bill

Nigeria’s House of Representatives passed a bill governing the country’s energy sector after the Senate did so in May, taking Africa’s top oil producer one step closer to a much-awaited overhaul of the key industry.

CGG, SNH promote Cameroon's 2018 Licensing Round

CGG has announced that it has an agreement with Société Nationale des Hydrocarbures (SNH), the National Oil and Gas Company of Cameroon, to promote enhanced multi-client E&P data packages and interpretative products, in support of Cameroon’s 2018 Onshore & Offshore Licensing Round opened and conducted by SNH for eight free blocks on offer, located in sedimentary basins offshore and onshore Cameroon.

Nigeria's Shoreline in $530-million deal to boost oil output

Shoreline Group, a Nigerian oil producer, plans to almost double its crude output after agreeing a $530-million finance deal with Vitol Group and local lenders.

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.