DMWA Resources, an oil and gas advisory, exploration and production, and trading firm, has begun offering its services on the African continent. The firm will capitalize on the African knowledge and experience of its management, and leverage…
Chevron’s Angola affiliate, Cabinda Gulf Oil Co. (CABGOC), sent an early cancelation notice to Maersk Drilling for the ultra deepwater semisubmersible Mærsk Deliverer. The Mærsk Delivererhas been on contract with CABGOC since May 2012…
Current oil prices does little to support exploration and expanding developments. However, keeping an eye on the future, sub-saharan African nations show promise. Western African countries, such as Nigeria, have already seen the benefits…
Tullow Oil’s TEN project is more than 85% complete and is set for production start-up between July and August 2016, which will help the company drive further reductions in operating costs and capital expenditure. Image from Tullow…
CGG is to start a multi-client airborne gravity and magnetic survey offshore South Africa this month ahead of a new licensing round expected in the region later this year. The Petroleum Agency of South Africa (PASA) has authorized the program…
Statoil has completed a farm-in transaction with ExxonMobil, acquiring a 35% interest in the ER 12/3/154 Tugela South Exploration Right offshore South Africa. The remaining interests are held by operator ExxonMobil (40%) and co-venturer Impact Africa (25%)…
EMAS Offshore secured additional options for extensions on an existing contract, as well as new awards for charters with an oil major and independent oil company in West Africa and Asia valued at more than US$33 million (including options)…
Newbuild flexible lay and construction vessel, Skandi Africa, has joined the industry leading Technip fleet, following the signing of the on-hire agreement in Schiedam, Netherlands on 5 October. The ship, owned by DOF Subsea, has now begun her five-year charter commitment…
Harkand, an inspection, repair, maintenance (IRM) and light construction company, has named Doug Fieldgate general manager of its African business. Fieldgate has 23 years of experience in the African oil and gas market primarily focused on West Africa – he will be based in Houston…
A change in Nigerian leadership will not end piracy risks to companies that operate oil and gas assets offshore West Africa. AKE Group’s Laura Barber weighs in. A ship uses fire hose defense. Image from US Naval Institute…
OneSubsea has been awarded a US$330 million subsea production systems contract for a gas project offshore North Africa. The scope of supply for the 13-well development includes subsea production equipment, tooling, and installation and commissioning services…
Young Okunna, GlobalData's upstream analyst covering Sub-Saharan Africa reported that the current downturn in oil prices has not slowed down in the region. Although several firms have cut back on their global exploration budgets, the region continues to attract activity…
Dutch contractor Jumbo has completed a contract for PetroSA installing a subsea MEG riser on the Ikhwezi development FA platform offshore South Africa. The contract was awarded by PetroSA on 5 December, offshore installation…
Oil and gas explorers must rethink their capital expenditure on exploration activity across the African continent in the wake of the significant drop in the global oil price, according to an analysis on the oil and gas industry in Africa released by PwC today (17 February)…
InterMoor, an Acteon company, named Cohen Guidry regional manager for West Africa. Guidry will report to Tom Fulton, InterMoor’s global president. Fulton said, “Cohen’s dedication, initiative and knowledge of the West Africa region will…
