West Africa ///

Nigerian oil region crisis threatens Buhari's economic plans

Fresh from his comfortable re-election, Nigerian President Muhammadu Buhari faces a huge hurdle to keep his vow to end the economy’s addiction to oil: win a lasting peace in the crude-rich Niger River delta.

Exceed wins contract to drill first-ever deepwater well offshore Guinea Bissau

Exceed, a well management and performance improvement specialist, continues to consolidate its West African presence, by announcing the company’s first contract to be undertaken offshore Guinea Bissau.

BP awards contracts to McDermott, BHGE for Greater Tortue Ahmeyim natural gas project

McDermott International, Inc., and Baker Hughes, a GE company have announced today that they have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal.

Congo lost $617 million dispute before approving oil deal

An international court ordered the Democratic Republic of Congo to pay DIG Oil Ltd of South Africa $617 million for failing to honor two oil contracts, weeks before outgoing President Joseph Kabila finally approved one of the deals.

Aker Energy announces successful drilling results offshore Ghana

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) Block, announces that it encountered oil in the Pecan South-1A well, offshore Ghana.

Nigeria boosts January's oil production, complies with OPEC in February

Nigeria implemented its portion of the OPEC+ production deal in February, said the country’s oil minister, a move that enhances the impact of supply cuts that have already boosted crude prices.

Nigeria's new gusher just made OPEC compliance a little harder

Nigeria is about to ship the first cargo of crude oil from a new deposit about 90 mi off its coast.

Seadrill signs new JV with Sonangol, Angola

Seadrill Limited has announced that it has entered into a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola Ltda, an affiliate of Sonangol E.P.

RoyalGate Energy extends license in Equatorial Guinea

The company plans to drill in Block Z; Equatorial Guinea’s block Z holds an estimated 3.6 Tcf of gas; RoyalGate is also interested in Angola’s marginal field licensing round.

Eni spudded new well in Vandumbu field, offshore Angola

Eni has successfully launched a new production well in the Vandumbu field, about 218 mi (350 km) north-west of Luanda and 81 mi (130 km) west of Soyo, in the West Hub of Block 15/06, in Angola’s offshore.

Nigeria's state oil company seeks $4.1 billion to lift output

Nigeria’s state-owned oil company said it’s in talks with financiers to raise as much as $4.1 billion and will seek to sign service deals to increase production from three leases.

Airborne Oil & Gas awarded contract by TOTAL in West Africa

Airborne Oil & Gas B.V. has been awarded a contract from TOTAL to supply a TCP (Thermoplastic Composite Pipe) Jumper for a deepwater project in West Africa.

Tullow has published it trading statement & operational update

Tullow Oil plc issues this statement to summarize recent operational activities and to provide trading guidance in respect of the financial year to Dec. 31, 2018.

Total starts production from giant Egina field, offshore Nigeria

Total has started up production on Dec. 29, 2018 from Egina field, located in around 1,600 m of water depths, 150 km off the coast of Nigeria.

BP announces FID for Phase 1 of the cross-border Greater Tortue Ahmeyim development

BP and partners today announced that the Final Investment Decision (FID) for Phase 1 of the innovative cross-border Greater Tortue Ahmeyim development has been agreed.

Deep petroleum industry reforms set Angola on path to growth in 2019

Angola’s economy is set for recovery in 2019, in large part due to a series of regulatory reforms opening the country to new investment.

Total poised to start exports from new offshore field in Nigeria

Total SA is poised to start exports of crude from a major new offshore field in Nigeria, adding to global supplies at a time when oil prices are plunging.

Sonangol and BP agree to advance BP’s activities in Angola

Angola’s Sonangol and BP today signed an agreement to progress to final investment decision the development of the Platina field in deepwater Block 18, offshore Angola.

Anglo African Oil & Gas reports well results offshore Congo

AAOG, an independent oil and gas developer, has reported the following update in relation to its TLP-103C well at the Company’s Tilapia license.

Phase 1 of Senegal's SNE development commences FEED activities

Woodside has advised that the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture has agreed to commence front-end engineering and design (FEED) activities following the award of the subsea FEED contract to Subsea Integration Alliance for the SNE Field Development-Phase 1 (SNE development) offshore Senegal.