Typhoon tears BP FPSO from Chinese dock
A typhoon has ripped a BP FPSO away from its moorings at a Chinese yard, throwing up another challenge to plans for LNG production off Senegal and Mauritania.
Kosmos Energy
Trident signs up Island Innovator rig for Equatorial Guinea
Trident Energy has signed up a rig from Island Drilling for work offshore Equatorial Guinea.
Choosing fast FLNG to cash in on sky-high gas prices
High gas prices represent an opportunity for those already producing, but those working on new supplies are feeling the need to accelerate plans. Floating LNG (FLNG) offers one solution, being faster to market than onshore projects.
Eiffage completes GTA LNG platform for BP
Eiffage Génie Civil Marine have completed the central platform of the hub for the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.
Sobriety has the upper hand, for now, in exploration
A small group of deep-pocketed companies increasingly dominates exploration and, as yet, they are avoiding the boom-and-bust mentality of previous oil cycles.
Kosmos turns on the cash flow spigots and looks to LNG
Kosmos Energy is generating free cash flow at unprecedented volumes, allowing it to pay down debt, and has been talking up LNG.
Kosmos juices spending on production growth plans
Kosmos Energy is scaling up spending to $700 million this year, from $460mn in 2021, on both its base producing business and its LNG project with BP.
Eiffage completes caissons for BP’s Senegal LNG project
Eiffage Génie Civil Marine has completed the construction of the 21 caissons required for BP’s Greater Tortue Ahmeyim (GTA) project.
Oil expertise meets CCS ambitions in Lapis Energy
Is there a space for carbon capture and storage (CCS) as a service? Recently formed Lapis Energy is betting there is, eyeing opportunities in the US, UK, Europe and South East Asia.
Valaris wins UK decom work with Centrica amid clutch of contracts
Valaris has announced a clutch of contract awards, including decommissioning work with Centrica in the UK.
Tullow pre-empts Kosmos deal off Ghana
Tullow Oil has pre-empted the sale of Occidental Petroleum’s stake in the Jubilee and TEN fields to Kosmos Energy, in Ghana.
Opportunities for new operators in West Africa
As majors shift out of mature West African assets, new opportunities may attract large independents to enter the area.
Kosmos makes Oxy move in Ghana
Kosmos Energy and Ghana National Petroleum Corp. (GNPC) have bought out Occidental Petroleum’s stake in the Jubilee and TEN fields.
Kosmos completes FPSO sale to BP
Kosmos Energy has completed the sale of the vessel that will be used on the Greater Tortue Ahmeyim (GTA) LNG project to BP.
Trident to begin Elon drilling this month
Trident Energy will begin drilling in Equatorial Guinea’s Block G on June 22, following the arrival of the Sapphire Driller rig.
Kosmos aims to drill in three countries this year
Kosmos Energy is getting back to work offshore Africa, in Ghana and with three wells planned this year for Equatorial Guinea.
Petrofac wins BP work offshore Mauritania-Senegal
Petrofac has won a contract from BP for work on operational procedures at the Greater Tortue Ahmeyim (GTA) project, offshore Mauritania and Senegal.
ESG finance poses risks but offers plenty of sustainable opportunities
Everyone you talk to agrees environmental, social, and governance (ESG) is critical to finance. Where people differ, though, is how best to achieve the goals this timely initialism sets out to capture.
Kosmos reshuffles exploration team
Kosmos Energy has appointed two former Cobalt International Energy executives to run its exploration business.
Shell brings in QP to Orange Basin
Qatar Petroleum (QP) has struck a deal to work with Shell at two blocks offshore Namibia.
Shell refills African exploration hopper as volumes ebb
Shell’s Nigerian production fell to 223,000 barrels of oil equivalent per day in 2020, with the company blaming security issues, sabotage and theft.
Kosmos plans spending boost in 2021
Kosmos Energy expects its capital expenditure to reach $575-625 million this year, driven largely by its work with BP offshore Mauritania and Senegal.
Panoro buys Tullow stakes in Gabon, EG
Panoro Energy has struck a deal to buy assets owned by Tullow Oil in Equatorial Guinea and Gabon for up to $180 million.
Guyana-Suriname sees rig ‘demand surge’ as region bucks global trend
The Guyana-Suriname basin is helping drive a “surge” of oil rig demand in South America, bucking the global trend of depressed activity, according to new analysis.
Senegal sees 2023 start for BP-backed LNG project
The Grand Tortue Ahmeyim gas field development, straddling the offshore waters of Mauritania and Senegal, is expected to produce its first gas in 2023 following delays related to the coronavirus pandemic, according to Senegal’s Oil Minister Sophie Gladima.