West Africa

Exploration & Production , Technology

E&P Highlights (Nov. 21, 2022): 3M Gas Field Now Online

Here’s a roundup of the latest E&P headlines including new gas fields going online in Indonesia and elsewhere plus contract announcements for new projects from the past week in the upstream oil and gas industry.

November 21, 2022

Highlights

E&P Highlights (Nov. 14, 2022): New Eni Startup; Suriname Bid Round

Here’s a roundup of the latest E&P headlines, including a new startup and bid round from the past week in the upstream oil and gas industry.

November 14, 2022

Earnings , Exploration & Production

Kosmos Energy Outlines Plans to Grow Production by 50%

Developments underway are expected to increase Kosmos Energy’s oil and gas output by 50% by 2024, the Dallas-based E&P company unveiled in its Q3 earnings.

November 7, 2022

Exploration & Production , Policy & Regulations

Nigeria Planning Auction for Seven Deep Offshore Oil Blocks

Apart from marginal fields, Nigeria last conducted bidding for 45 oil blocks in 2007 even when the court had stopped the sale of two that were under litigation between Shell and the Nigerian government.

October 31, 2022

Exploration & Production

West Africa Outlook: E&P Activity off Nigeria, Angola on the Wain

However, Ivory Coast and Namibia are emerging as West Africa’s new oil and gas lands of opportunity, including what analysts say could be the next Guyana.

October 17, 2022

Exploration & Production , Acquisitions & Divestitures

Carlyle Prepares Sale of Gabon Oil Firm Assala Energy: Sources

The sale process, which is run by investment bank Citi, is expected to be launched in the coming weeks and could raise over $1 billion, according to two sources close to the process.

October 12, 2022

Exploration & Production , Technology

E&P Highlights: Oct. 3, 2022

Here’s a roundup of the latest E&P headlines including updates on a Gabonese field and contract wins from the past week in the upstream oil and gas industry.

October 3, 2022

Deepwater

Shell’s Bonga Deepwater Vessel Set for Maintenance in October

Bonga crude oil stream was due to load 31,000 bbl/d in October, down from 95,000 the previous month, according to a preliminary export program seen by traders.

September 19, 2022

Business , Deepwater , International

Exxon Mobil, Shell, Chevron End Lawsuits Against Nigeria’s State-owned Oil Company

Exxon Mobil and Shell had been seeking to enforce a $1.8 billion arbitration award against Nigeria’s state-owned oil company from 2011, while Chevron and Equinor sought to enforce a $995 million award from 2015.

August 24, 2022

Field Development , International

Lukoil Says No Lawful Grounds for Postponing Ghana Oil Field Submission

Aker Energy, controlled by Aker ASA, owns 50% of the deepwater block off Ghana where the Pecan Field is located, while Lukoil holds 38%, Ghana National Petroleum Corp. has 10%, and Fueltrade 2%.

August 19, 2022