Expro wins Tilenga work from TotalEnergies
Total has said that development of Tilenga will be limited to less than 1% of park land.
Africa
oil and gas Africa - Top Stories
Perenco adds four wells at Boatou
Perenco has started up four new wells in Congo Brazzaville, on the Boatou permit.
Antler Global wins Equatorial Guinea block
Equatorial Guinea has offered the block before, via licence rounds, including during the 2019 offer. The area is to the east of Bioko island, north of Chevron’s Alen and Aseng fields.
Chad seizes control of COTCO, halts dividends to Savannah
Chad has said it is holding talks with Cameroon on increasing stakes in COTCO and how to share management.
Invictus takes second aim at fairy tale with Mukuyu-2 plan
Appetite for exploration is back, Macmillan said. But for those wanting to explore, the potential find has to be big enough to materially add value to a prospect.
Hyphen secures Namibia government agreement
Hyphen CEO Raffinetti said the company aimed to provide a “first supply of ammonia from our project into Europe by early 2028”. It aims to reach 2mn tpy of ammonia by 2029.
All Africa Posts
Expro wins Tilenga work from TotalEnergies
Total has said that development of Tilenga will be limited to less than 1% of park land.
Perenco adds four wells at Boatou
Perenco has started up four new wells in Congo Brazzaville, on the Boatou permit.
Chad seizes control of COTCO, halts dividends to Savannah
Chad has said it is holding talks with Cameroon on increasing stakes in COTCO and how to share management.
Antler Global wins Equatorial Guinea block
Equatorial Guinea has offered the block before, via licence rounds, including during the 2019 offer. The area is to the east of Bioko island, north of Chevron’s Alen and Aseng fields.
Angola cuts fuel subsidy, following Nigeria in boosting pump prices
Angola reduced its gasoline subsidy, almost doubling pump prices in a nation that has some of the world’s cheapest fuel.
Nigeria owes its energy company $6bn in fuel-subsidy debt
The Nigerian National Petroleum Company said it’s owed more than $6 billion by the country’s government that the firm has spent to keep gasoline cheap, a day after newly sworn-in President Bola Tinubu announced an end to the subsidy program.
Nigeria ex-oil minister seeks $215m in defamation lawsuit
A former Nigerian oil minister filed a defamation lawsuit against the country’s anti-corruption agency, demanding $215 million in damages.
Eco seeks deals to unlock drilling, with Orange Basin focus
“We have a very strategic position in the basin,” Eco CEO Gil Holzman said this week. “Block 3B/4B is exactly on trend with Graff and Venus”, Shell and Total’s finds respectively.
GNPC under fire for PetroSA plans, decom contract
The Prempeh letter was reported as saying that the offer to PetroSA was “scandalous” and that GNPC chairman Freddie Blay should “cease and desist immediately” from such offers. Blay had “totally ignored the wider interests” of Ghana, the minister said.
Invictus takes second aim at fairy tale with Mukuyu-2 plan
Appetite for exploration is back, Macmillan said. But for those wanting to explore, the potential find has to be big enough to materially add value to a prospect.
Mozambique LNG falls short, Rufin report finds
Following talks with other bodies involved in the region, Rufin said “information flows little and poorly between Mozambique LNG and other actors”.
Africa Oil, TotalEnergies walk away from Lokichar licence
Africa Oil did extract value from its Kenyan finds in 2016, though, with a partial sale to Maersk Oil, under which it received $427mn.
Shell, Equinor inch towards HGA on Tanzania LNG
Equinor has reported its block holds more than 20 trillion cubic feet, while Shell’s blocks have 15 tcf.
Dangote’s refinery will rewrite Atlantic Basin trade
One challenge of the project being so delayed is that the longer equipment is on site, the more it risks degrading.
Petrofac JV wins $1.5bn contract for Algeria petrochemical plant
A Petrofac (LON: PFC) joint venture with China has won a $1.5bn contract for a petrochemicals plant in Algeria.
SMBC follows StanChart, disavows EACOP role
The NGO called on EACOP’s other two financial advisors, Standard Bank and the International Commercial Bank of China (ICBC), to drop the project.
Onshore drilling to boom in Middle East, Westwood predicts
By 2027, rig demand in the GCC area will be 53% higher than 2019, Westwood’s Jensen predicted.
South Africa aims to tackle NGOs’ “veto power” on exploration
Mantashe made it clear that he blamed foreign-funded NGOs for the slow process of development. “They block development in our country”.
Total sets out drilling plans for South Africa’s Orange Basin
The Department of Mineral Resources (DMRE) accepted the scoping report on March 24.
Azule issues tenders for subsea work at PAJ
Azule signed the main contracts for the Agogo project on Block 15/06 in February. It awarded riser and flowline supply to TechnipFMC, while Subsea 7 won transportation and installation work.
ReconAfrica seeks partner to catalyse drilling plans
“From a market perspective, there’s a lot more interest in buying barrels at the right price, but there’s still appetite for exploration, particularly in sub-Saharan Africa.”
Shell sees off Bonga case at Supreme Court
“The claimants’ lawyers spent five years and eight hearings to pursue this matter, disregarding the court’s time and costs. With no further right of appeal, this judgment brings an end to the claims here in England," a Shell representative said.
Barclays analysts hit by bias claim in report about controversial pipeline
A group of nonprofits is pushing Barclays Plc to retract an analyst research note they claim amounts to a “whitewash” of the environmental and social impact of an African oil pipeline being developed by companies including TotalEnergies SE.
Afentra completes INA deal, eyes on Sonangol next
The licence extension was a condition for Afentra’s deal with Sonangol. The company agreed in April 2022 to pay $80mn for a 20% stake in Block 3/05. At the time, Afentra said it expected the deal to complete in the third quarter of 2022.
Big fields get bigger: Kosmos focuses on Jubilee near term
“The first well in the main field is starting up shortly. The build up to 110,000 bpd is clearly laid out and the activity set is on plan. The well rates are consistent – and slightly ahead of pre-drill estimates.”
