BW Energy is planning to reach a final investment decision (FID) on its Ruche development, in Gabon’s Dussafu licence, in the last quarter of the year. Further growth is expected to come from August’s Hibiscus discovery. The company continues to hold the Kudu gas project, in Namibia, but like many others before it, progress appears slow.
Nigeria LNG (NLNG) has chosen a consortium made up of Saipem, Chiyoda and Daewoo E&C (SCD) to carry out work on the project’s seventh train. The choice of the SCD consortium was set out on September 11 at a ceremony in Abuja, with the signing of a letter of intent (LoI).
The acquisition of Merlon Petroleum earlier this year has given Soco International a new focus, with new exploration planned in Egypt and neighbouring Israel. As such, the company is planning to change its name, to Pharos Energy.
Eland Oil & Gas is beginning to reap the rewards of its second field in Nigeria’s Oil Mining Licence (OML) 40 starting up, allowing it to move into exploration plans.
TGS and Schlumberger’s WesternGeco are close to finishing 3D seismic reimaging on Egypt’s Red Sea, as a licence round comes to a close in the area. The two companies said the work would cover data from three seismic surveys, covering 3,600 square km, which were acquired between 1999 and 2008.
Neptune Energy has announced the export of first gas from the Touat development in Algeria.
A US court has ruled in favour of Nigerian National Petroleum Corp. (NNPC), dismissing ExxonMobil-led claims that sought to extract $1.799 billion plus interest.
Preparations for the East African Crude Oil Pipeline (EACOP) have ground to a halt in Uganda following the termination of Tullow Oil’s farm-out talks.
Libya’s National Oil Corp. (NOC) reported income of $2.1 billion in July, up 23% on the previous month.
A $900 million (£740m) deal, under which Tullow Oil was to sell a major stake in its Ugandan projects to Total and CNOOC, has been scrapped as a result of wranglings with the government.
Africa’s largest oil producer could run out of money if it doesn’t boost revenues urgently.
Aberdeen-based Stena Drilling has won a contract to provide a drillship for a well campaign off Ghana.
A Nigerian high court ordered the government to renew Shell Petroleum Development Co.’s operating license for the Oil Mineral Lease 11 field, which was withdrawn earlier this year, Lagos-based Punch newspaper reported.
United Oil and Gas (UOG) plans to acquire Rockhopper Egypt for £12.8m with help from BP.
Seadrill has secured a nine-well contract with three options, each for two wells, for the West Gemini in West Africa. Total contract value for the firm portion of the contract is expected to be approximately $84 million with commencement expected in early Q4 2019 and running through Q4 2020.
Oil and gas activity is beginning to return to the Gulf of Mexico this week after Hurricane Barry swept through the region and up into Louisiana.
UK oilfield services firm Expro has been awarded a £16million contract to help decommission an offshore field for Malaysian operator Petronas.
Investors’ 11-year wait for the Nigerian government to open up Africa’s biggest crude industry may be over.
Aberdeenshire-headquartered Eland Oil & Gas has received approval from Nigeria's petroleum department for its Gbetiokun field development plan.
BP and its partners will pour further investment into a block off the coast of Angola as part of a pact that extends its production sharing agreement to 2032.
Energy giant BP has agreed to sell off its mature assets in Egypt’s Gulf of Suez for an undisclosed fee.
An investigation into a $10bn “scandal” involving BP’s purchase of stakes in gas licences off the coast of Senegal is being broadcast tonight.
A Scottish oil worker kidnapped by gunmen in the oil-rich Niger Delta region has been freed.
Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second deal in South Africa’s relatively unexplored waters, months after a major discovery by Total SA boosted the country’s hydrocarbon prospects.
Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African country’s government said in a London lawsuit that it believes a handful of executives, including CEOs, were tied to more than $1billion in bribery payments.
