Maurel et Prom has reported production slipping 5% in the first nine months of the year, even while revenues increased 42%.
TotalEnergies has extended an option for the Maersk Voyager, which has recently begun drilling the deepest well in the world offshore Angola.
Results from Sonangol’s farm-out plans have been a “disappointment”, Welligence Energy Analytics has reported.
Eni has started up the Cabaça North development in Angola’s Block 15/06, adding another 15,000 barrels per day to the local hub.
Angola has announced the contractor groups for its onshore bid round, as it moves towards new awards.
Exploration companies big and small are warming up for a busy next 12 months – although some have warned this may be the last such push in the energy industry.
Africa has the resources it needs to provide power for its people, but aboveground challenges must be resolved to speed the way, speakers on a PESGB / HGS Africa E&P Conference 2021 panel have said.
Sonangol intends to go ahead with an IPO in the coming years, although the company did report a $3 billion net loss for 2020.
Aquaterra Energy has signed a master engineering and design service agreement to provide multiple of its Sea Swift platforms to Angola.
Angola’s Somaoil has contracted the Falcon 1000HP rig to carry out drilling onshore, with the aim of ramping up production by 30% by 2024.
DOF Subsea has won a further six-month extension for its Skandi Seven vessel in Africa, the company has reported.
More than a decade since launching its business in Mexico, Whittaker Engineering is still, quite literally, finding new routes to explore.
A Dutch arbitration court has found against Isabel dos Santos in her attempts to transfer shares from Sonangol.
Angola has received bids for all nine of its onshore blocks up for grabs in its 2020 licensing round, in the Lower Congo and Kwanza basins.
Eni and Sonangol has signed production-sharing contracts (PSCs) for Blocks 27 and 28 with the Angolan regulator.
Sonangol has launched a tender process for the Lobito refinery, which may have capacity of up to 200,000 barrels per day.
London-listed Wildcat Petroleum has set out plans to focus on Angola initially, with a secondary exploration drive in Namibia.
Eni and BP are considering combining their upstream portfolios in Angola in the pursuit of increased investment and growth.
Seadrill has won a 12-well contract in Angola via its local joint venture with Sonangol EP.
Total has begun production at its Zinia phase 2 project, on Angola’s Block 17.
Angola and Zambia have signed a memorandum of understanding (MoU) on the construction of pipelines between Lobito and Lusaka.
Maurel et Prom intends to restart drilling in Gabon, on its Ezanga permit, this summer in a bid to recover production losses.
Trafigura and Sonangol are going their separate ways and dividing up Puma Energy, the downstream fuel supplier.
Angola has invited companies to study secondary recovery methods in a bid to maintain production.
Eni has made a new light oil discovery in Block 15/06, offshore Angola, close to its existing infrastructure.