Africa

International , Health, Safety & Environment

ADIPEC: Long-term Policies Needed For Affordable Energy

A panel of energy ministers from Pakistan, Senegal and the UAE addressed access to sustainable and affordable energy supply at the ADIPEC ministerial session.

November 19, 2019

Drilling

KCA Deutag Secures $460 Million Of Land Drilling Contracts

KCA Deutag said Nov. 18 that its land drilling operation has won new contracts worth approximately $460 million in the Middle East, Africa and Europe.

November 18, 2019

Public Capital , Earnings , Exploration & Production

Tullow Oil Shares Sink With Production Outlook In Guyana

Tullow Oil's stock, which surged on the news from oil discoveries offshore Guyana, shed as much as 22% of its value on Nov. 13.

November 13, 2019

Exploration & Production

Libya’s NOC Boosts Production Capacity At Nafoora Oil Field

The output of well Y-01 rose to 3,800 barrels per day (bbl/d) from just 200 bbl/d before the workover, the company said.

November 8, 2019

Technology

SBM Offshore Wins Contracts For Exxon Mobil’s Third FPSO In Guyana

SBM Offshore said. Nov. 7 that Exxon Mobil subsidiary Esso Exploration and Production Guyana Ltd. (EEPGL) has awarded the company contracts to perform FEED for a FPSO for the Payara development project located in the Stabroek block in Guyana.

November 7, 2019

Exploration & Production

Ghana To Revoke Four Petroleum Licenses For Lack Of Development

The licenses were identified for termination after a review of 14 license awards that were made in recent years.

November 6, 2019

Field Development

Chevron, Hess, Kosmos Find Success Offshore With ILX Strategy

Companies looking for alternatives to onshore developments have been rolling out exploration campaigns focused on areas where infrastructure already exists and using seismic data to help find more resources.

November 5, 2019

Exploration & Production , Transactions

South Africa’s PetroSA Eyes Russia For $359 Million Farmout Deal

Rosgeo and PetroSA’s negotiations are focused on Block 9/11A, adjacent to where Total has made a huge oil and gas discovery.

November 5, 2019

Exploration & Production , Drilling

Total To Drill Another Offshore Well In South Africa Early 2020

French oil and gas major Total said it will drill another exploration well in the 11B/12B block offshore South Africa in the first quarter of next year, a senior company official said on Nov. 5.

November 5, 2019

Discoveries

Kosmos Energy Finds Oil Offshore Equatorial Guinea

Equatorial Guinea's Ministry of Mines and Hydrocarbons said the well, located in the Santonian reservoir offshore in the Rio Muni Basin, was drilled to a depth of 4,400 m.

November 4, 2019