African Petroleum heads for arbitration in dispute over Senegal blocks
African Petroleum said today that it had been unable to resolve a dispute with Senegal over two petroleum sharing contracts.
Africa
Soco sells Congo business for $10m
London-listed Soco International has struck a deal to sell its assets in Congo for $10 million.
SDX hits gas with new Egyptian well
SDX Energy said today that it had struck gas with its SD-4X well in the South Disouq Concession, Egypt.
Ex-Bowleven director Clarkson becomes COO at Savannah
West-Africa-focused Savannah Petroleum has appointed former BP manager David Clarkson as its chief operating officer.
Subsea 7 wins ‘sizeable’ contract for West Delta Deep Marine in Egypt
Energy services firm Subsea 7 has been awarded a “sizeable” contract for work off the coast of Egypt.
Aberdeen to play ‘vital part’ in Ghana’s ‘oil boom’
The chief executive of Ghana’s Petroleum Commission has said Aberdeen will play a “vital part” in the country’s upcoming “oil boom”.
Chariot books rig for offshore Namibia job
Chariot Oil and Gas has booked the Ocean Rig Poseidon to drill one firm and one optional well off Namibia.
Schlumberger pulls out of scheme for major West Africa LNG project
Oil services firm Schlumberger has pulled out of a joint venture to develop a major liquefied natural gas (LNG) project in Equatorial Guinea.
Wood to provide FEED work on 550mile pipeline in Kenya
Energy services giant Wood has won a front end engineering design contract (FEED) for a 550mile pipeline in Kenya.
Africa’s hidden oil hub grows after making millions for traders
For oil traders, there’s no place quite like Saldanha Bay. When prices slumped in 2014, trading houses generated outsize profits by storing millions of barrels of crude in the deep-water harbor north of Cape Town.
Total takes FID on £900m Angola project
French oil giant Total has decided to sanction the £900 million Zinia 2 project off Angola.
Glencore ‘close to’ $1bn Chevron Southern Africa deal
Glencore Plc is close to a $1 billion deal to buy Chevron Corp.’s southern African assets, potentially scuppering an earlier agreement with China Petroleum & Chemical Corp., according to three people familiar with the matter.
Ghana favors forecourt operator as Exxon Mobil partner
Ghana sees the country’s state-owned gas-station operator as the leading bidder to partner Exxon Mobil for the exploration of crude at an offshore field, according to two people familiar with the matter.
SDX says Egyptian well exceeds expectations
London-headquartered SDX Energy said the flow test results on a well in Egypt had exceeded expectations.
EnerMech makes senior appointment to help double African revenues to £50m
EnerMech, of Aberdeen, is looking to double revenue from its operations in Africa to £50 million over the next three years.
Ophir farms out Equatorial Guinea licence to Kosmos
Ophir Energy has clinched a farm-out agreement with Kosmos Energy covering the EG-24 exploration licence in Equatorial Guinea.
Ex-Bowleven director switches to Sound Energy
Morocco-focused gas firm Sound Energy has hired Bowleven's former chief operating officer as a non-executive director.
Drilling on Etinde well to start this month, Bowleven says
The drilling of two appraisal wells will start soon on the Etinde field in Cameroon, a project partner said today.
SDX hits gas at Morocco well
London-headquartered SDX Energy has struck gas at a well in Morocco.
Flintstone secures multi-million pound contract for Tullow’s Jubilee FPSO
Scotland-based Flintstone Technology has won a multi-million pound contract for work on Tullow Oil’s Jubilee FPSO in Ghana.
SDX spuds well in Morocco
London-headquartered SDX energy has spud an exploration well in Morocco.
Stena Drilling secures Samo contract with FAR
Aberdeen-based Stena drilling has secured a fresh contract for work on the giant Samo prospect off the coast of Gambia.
SDX makes gas discovery in Morocco
London-headquartered SDX Energy has announced the discovery of a natural gas well in Morocco.
Liberian President Weah orders probe of Exxon’s 2013 oil deal
Liberian President George Weah ordered a probe into Exxon Mobil Corp.’s 2013 deal for drilling rights off the coast of the West African nation, according to his office.
BP hands FPSO design contract to TechnipFMC
BP has awarded TechnipFMC the engineering design contract for the Tortue/Ahmeyim fields floating production, storage and offloading (FPSO) unit.