Kosmos Energy announced Monday that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery.
Tullow Oil Plc gained in London after a tribunal ruling on a maritime border dispute between Ghana and Ivory Coast allowed an offshore oil project to proceed.
Sterling Energy has commenced its planned 3D seismic survey of 1,250 km2 over a high-graded portion of the Ambilobe Block, offshore Madagascar.
Applus RTD has been awarded a contract from Heerema Marine Contractors as part of the Kaombo development offshore Angola.
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 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 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 has made its third gas discovery in the Illizi basin, in the southeast of Algeria.
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 Energy has announced first production from Etame 12-H, a development well drilled from the Etame platform offshore Gabon.
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.
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.
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 has entered into a JV with Dangote Group to create a new company named Saipem Dangote E&C.
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.
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 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’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 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.