West Africa ///

Court orders Tullow Ghana to pay $254 million to Seadrill

Tullow Oil plc announces that a judgment in the English Commercial Court case brought against its wholly owned subsidiary Tullow Ghana Limited by Seadrill Ghana Operations Limited has been received.

Anglo African Oil & Gas develops the Republic of the Congo

Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the results of further work on the TLP-102 well on the Tilapia license in the Republic of the Congo.

Eco granted extension on Tamar Block, offshore Namibia

Eco (Atlantic) Oil & Gas Ltd. has announced that it has been granted a one-year extension to March 20, 2019, for the First Renewal Period of the PEL50 license, covering its offshore Tamar Block.

TechnipFMC awarded subsea contract for Total's Zinia 2 field, offshore Angola

TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 m.

Eni reports discovery at Kalimba prospect, offshore Angola

Eni announces a new oil discovery in Block 15/06, in the Kalimba exploration prospect, in Angola’s deep offshore. The new discovery is estimated to contain between 230 and 300 MMbbl of light oil in place.

OPEC's newest member may boost output as much as 65% this year

The Republic of Congo expects to raise oil production by as much 65% this year as two new projects come on stream, Hydrocarbons Minister Jean-Marc Thystere-Tchicaya said.

Angola in talks with majors to boost oil output by 2020

Angola is targeting an increase of about 250,000 bpd in oil output by 2020 and is already in discussions with oil majors ExxonMobil Corp. and Equinor ASA to achieve this, said Sonangol’s Chairman of the Board Carlos Saturnino.

Republic of Congo announces promotion of License Round Phase 2

The Ministry of Hydrocarbons of the Republic of Congo has announced the promotion of the Congo-Brazzaville License Round Phase 2 2018/19 at Africa Oil Week, Nov. 5-9, 2018.

Kenyan parliament approves oil law setting out revenue sharing

Kenyan lawmakers approved a new law that sets out how revenue from future oil production will be shared.

Ghana to buy contracts to protect it from high oil prices

Ghana will buy contracts to protect it from higher oil-product prices in the third quarter as the West African nation seeks to curb volatility in what consumers pay at the pump amid rising costs of the fuel in international markets.

Africa oil giant needs $12 billion to avoid missing LNG boat

On a tropical island just off the coast of Nigeria, hundreds of engineers work around the clock to produce liquefied natural gas at a plant the size of Lower Manhattan.

Shell says Nigeria attacks persist even as oil output recovers

Nigeria’s oil wells may be flowing again, but the country’s largest operator says attacks continue to put a brake on output.

Victoria Oil & Gas increases reserves estimates for Logbaba field in Cameroon

Victoria Oil & Gas Plc, the Cameroon based gas and condensate producer and distributor, has provided the following update, based on internal estimates, on the reserves position for Logbaba field in Cameroon.

Total takes FID for Zinia 2 development offshore Angola

Total and its partners have taken the final investment decision to launch the Zinia 2 deep offshore development in Block 17, 150 km offshore Angola.

More pain may come for Nigeria's loss-making oil behemoth

It’s meant to be a cash cow, but the state oil company of Africa’s biggest producer is bleeding money.

Panoro Energy announces results of Tortue appraisal well, offshore Gabon

Panoro Energy has announced the successful drilling of the DTM-3 appraisal well located at Tortue field, within the Dussafu License, offshore Gabon.

Ophir enters farm-out deal with Kosmos for exploration license in Equatorial Guinea

Ophir announces that it has entered into a farm-out agreement with Kosmos Energy covering the EG-24 exploration license in Equatorial Guinea.

Eni completes ramp-up of production at Ochigufu field, offshore Angola

Eni has completed the ramp-up of Ochigufu field, in Angola’s deep offshore, reaching the production plateau of 24,000 bpd less than two months from start-up.

SDX Energy reports gas discovery on Lalla Mimouna permit in Morocco

SDX Energy Inc., the North Africa focused oil and gas company, has announced that a conventional natural gas discovery has been made at its LMS-1 exploration well on the Lalla Mimouna permit in Morocco (SDX 75%).

ION commences new 2D multi-client program offshore West Africa

ION Geophysical Corporation has announced acquisition began on a new 2D multi-client program offshore Ghana in partnership with Geoex and Ghana Geophysical. ION and its partners will acquire up to 7,200 km of data in advance of the license round anticipated in late 2018 to help refine understanding of the hydrocarbon potential of the area.