News
May 21, 2024
Saipem has been awarded three new contracts by TotalEnergies EP Angola Block 20, a subsidiary of TotalEnergies, for the Kaminho deepwater project relating to the development of Cameia and Golfinho oil fields, approximately 100 km offshore Angola.
News
May 21, 2024
Using the Dixstone-owned Nuada Self-Elevated Class 82 SD-C jack-up drilling rig, the Moke-East exploration well, located between Lukami and Motoba fields in the DRC coastal basin, encountered a 24 ft net oil-bearing column. The offshore discovery will be tested and the well completed in the coming weeks.
News
May 21, 2024
Evaluation of logging data, sample examination and formation pressure measurements confirm approximately 24 m of pay in an overall hydrocarbon column of 37 me. Notably, the hydrocarbon column extends across the boundary between the Gamba and the underlying Dentale formation.
News
May 21, 2024
Based on Galp’s recent “in place” estimates for 10 Bboe in the Mopane complex, the entire discovery could be worth around $20 billion, or potentially more, some of the people said. The Portuguese firm said in an April filing that the oil estimate is before drilling additional exploration and appraisal wells.
News
May 21, 2024
Designed to minimize greenhouse gas (GHG) emissions and eliminate routine flaring, this FPSO is all-electric, and associated gas will be fully reinjected into the reservoirs. Production start-up is expected in 2028, with a plateau of 70,000 bopd.
News
May 20, 2024
The Dartois target has Best Estimate recoverable prospective resources of 12 Bcf, Chariot said in an online statement. Chariot is also testing an independent prospect targeting a different trapping style to the Gaufrette prospect drilled by the RZK-1 well
News
May 20, 2024
Halliburton is inviting eligible local companies to submit an Expression of Interest for the supply of goods and services across the oil and gas industry to assess local interests and capabilities, connecting players to projects. Following submissions, a competitive bidding process will lead to the selection of preferred and alternative suppliers.
News
May 19, 2024
Africa is home to five of the top 30 oil-producing countries and its proven oil reserves amounted to around 120 Bbbl at the end of 2022. This will be crucial to meet the growing global demand for oil, which is expected to rise to 116 MMbpd by 2045.
News
May 19, 2024
Saipem’s scope of work entails the engineering, fabrication, transportation and installation of approximately 60 km of rigid pipelines and of the subsea facilities at a depth of around 1,100 m, and the transportation and installation of flexible flowlines, jumpers and 17 km of umbilicals.
News
May 15, 2024
The offshore discovery was made in the Kizomba B development area in Block 15. Drilling took place between February and April 2024, in water depths of 1,200 m. The well encountered reservoirs of Miocene age, and reached a final depth of 3,013 m.
News
May 14, 2024
Production, which began on May 6, 2024, with 6,000 bpd, is expected to be ramped up to 40,000 bpd by May 27th, 2024.
News
May 12, 2024
Existing production infrastructure supports the development of new concessions in Angola, as the country seeks large-scale upstream investments to boost oil production.
News
May 10, 2024
Preliminary evaluation indicates gross recoverable reserves of 5 - 6 MMbbl of oil and approximately 14 MMbbl of oil in place.
News
May 09, 2024
Nigeria's approach aligns with global energy sustainability goals, considering environmental, social, and governance factors. The initiative aims to boost oil and gas reserves, production, gas utilization, employment opportunities, technology transfer, and investment attraction.
News
May 07, 2024
The plan is to drill two high-impact exploration wells as part of a work program in the area, with the first well expected to spud by the end of 2024. The agreement also provides Azule Energy with an option to become the operator of PEL85.
News
May 07, 2024
Mauritania is pushing to fast-track BirAllah offshore field, which holds about 80 Tcf of natural gas. Development of the discovery would include liquefied natural gas and providing domestic supplies, with the goal of reaching first gas by 2030.
News
May 02, 2024
The company, serving as operator with a 75% stake alongside ONHYM at 25%, has initiated drilling at the Gaufrette prospect with the spudding of the RZK-1 well.
News
April 30, 2024
Filipe Silva, CEO of Galp, said, “We have encountered significant light oil columns in high quality reservoir conditions, placing Mopane as a potential major commercial discovery. This should support the growth profile of Galp for the next decades to come, as we gradually lower the carbon intensity of our downstream businesses."
News
April 30, 2024
The proceeds will be used to finance BW Energy’s growth strategy, including the continuing development projects in Gabon.
News
April 30, 2024
Chevron will take an 80% operating working interest in an offshore block in Namibia’s Walvis basin, a promising new frontier that could yield massive amounts of undiscovered resources.
News
April 26, 2024
In the past two years, TotalEnergies, Shell Plc and Galp Energia SGPS SA have made finds off the southwest coast of Africa that turned sparsely populated Namibia into a hotspot for exploration. While no field has yet been given the green light for development, hopes are high in the country that an economic boom similar to that seen in Guyana could be on the cards.
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