PGS has completed the acquisition of 3D seismic on Angola’s Kwanza shelf, which will be used in the country’s 2021 licence round.
Maurel et Prom intends to hold its production roughly stable in 2020 as the company focuses on riding out the current storm.
Weak demand will drive production shut ins this quarter, IHS Markit’s vice president Aaron Brady told Energy Voice, as storage options are limited.
Total and Chevron have cancelled rigs contracted from Valaris, working in Angola, the drilling company has announced.
Construction and installation of subsea structures can be challenging in countries with limited local capacity, and Aquaterra Energy aims to fill a niche with its conductor supported platform (CSP).
BP’s Angolan production continued to decline in 2019, extending the trend of the last few years.
The Valaris DS-8’s blowout preventer (BOP) dropped to the seabed on March 7 and the company is now trying to retrieve it.
French oilfield services firm TechnipFMC has announced a multi-million pound deal with BP in Angola.
Oil price falls below $40 per barrel spell problems throughout the industry, with companies and countries alike facing tough times.
Further success at Angola’s Agogo field by Eni has seen the estimated oil in place figure rise to 1 billion barrels.
US Secretary of State Mike Pompeo has wrapped up a trip to three African states this week, where he noted the importance of deepening trade ties and the struggle against corruption.
Galp will focus on major upstream projects, company executives said today, but these must be able to compete in a world where demand may be constrained.
The reduction in Chinese oil demand as a result of the coronavirus has taken its toll on African exports.
Oceaneering will provide riserless light well intervention (RLWI) work to BP offshore Angola, in Blocks 18 and 31.
Maurel et Prom’s income increased in 2019 as a result of increased production, while the sales price fell marginally.
The Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has signed two deals with BP, on the sidelines of the UK-Africa Investment Summit in London.
The disclosure of a cache of company information has brought further scrutiny to Isabel dos Santos, who is already under investigation in Angola.
Eni’s Agogo field has begun producing, a statement from Angola’s Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has said.
Total has awarded contracts to Maersk Drilling for three wells, in Angola and Namibia, using the seventh-generation Maersk Voyager drillship.
Angolan production has continued to decline, falling to 1.284 million barrels per day in November, making the government’s efforts to overhaul its energy sector and attract new investment ever more important.
Total has made a major move in Angola, picking up equity in blocks previously held by Cobalt International Energy and extending the licence on Block 17.
Ocean Infinity has won 2D high-resolution seismic work from Total in Angola.
Nigeria and Angola are coming to terms with the regulatory and legal demands of decommissioning, with scope for knowledge transfer from more mature regions.
Bourbon has signed a three-year agreement with Total on cost cuts, through technological innovation, for operations offshore Angola.
Angola’s new regulator Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) has held talks with various producers about supporting future production from Angola LNG.