TotalEnergies takes FID on $10bn of oil projects in Uganda, 16 years after first discovery


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TotalEnergies, CNOOC and the Uganda National Oil Co. have taken a final investment decision (FID) today on the development of onshore oilfields around the Lake Albert in Uganda, and a massive export pipeline to Tanzania. The first discovery was made in January 2006 by Hardman Resources at the Mputa-1 well. Since then, over 1.4bn barrels […]

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Natural Gas Upstream Hawilti+ 

OML 113 transferred to new operating vehicle as partners prepare for gas redevelopment offshore Lagos


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After two years of delay, the Nigerian authorities have finally approved PetroNor’s acquisition of Panoro Energy’s subsidiaries in Nigeria, Pan-Petroleum Services Holding BV and Pan-Petroleum Nigeria Holding. The deal was initially inked in October 2019 and had been awaiting government consent since then. Through this acquisition, PetroNor is acquiring Pan Petroleum Aje Ltd, which holds […]

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The Gambia: “no moveable oil” at Bambo-1 despite oil shows


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Australian independent FAR has announced that its Bambo-1X exploratory well offshore The Gambia did not interpret any moveable oil despite encountering good oil shows. The well was drilled to a total depth of 3317 metres MDBRT within Block A2 just south of Senegal’s Sangomar oil field. FAR is operator of the A2 license with a […]

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Savannah Energy signs agreements to acquire ExxonMobil and PETRONAS’ assets in Chad and Cameroon


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After months of negotiations and site visits, Savannah Energy has announced the execution of share purchase agreements (SPAs) worth $626m with ExxonMobil and PETRONAS to acquire their oil & gas assets in Cameroon and Chad. The deals will see the British independent gaining a combined 75% controlling interest in the Doba Oil Project and 70% […]

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After TotalEnergies, Shell spuds its own high impact deep-water well in Namibia’s Orange Basin


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The Valaris DS-10 drillship has spudded the Graff-1 well within Block 2013A (Petroleum Exploration License 39) offshore Namibia. Shell Namibia Upstream BV is operator with a 45% along with partners Qatar Petroleum (40%) and national oil company NAMCOR (10%). Namibia’s PEL 39 has been owned by Shell since 2014 when it acquired Signet Petroleum’s interests […]

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VAALCO Energy starts 4-well drilling campaign offshore Gabon


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VAALCO Energy has spudded the Etame 8H-ST well offshore Gabon, the first of four wells that will be completed in 2022 at the company’s flagship project in Central Africa. Etame 8H-ST is a sidetrack of an existing well and is targeting existing Gamba hydrocarbons in the Etame field. This marks the beginning of a new […]

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FAR Ltd “encouraged” by preliminary findings at Bambo-1 offshore The Gambia


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Australian independent FAR has advised that the Bambo-1 well offshore The Gambia has drilled 3,216m measured depth below the rotary table (MDBRT) out of 3,450m. The well has detected oil indications in rock cuttings and logging whilst drilling (LWD) data has interpreted hydrocarbons across several intervals. “Further wireline logging needs to be completed to confirm […]

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TotalEnergies start production at CLOV 2 tie-back offshore Angola


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TotalEnergies has achieved first oil from a second subsea tieback project in Block 17 offshore Angola. The French major has announced start of production at CLOV 2 today, a new tie-back expected to reach a peak of 40,000 barrels of oil equivalent per day (boepd) in mid-2022. The entry into production of CLOV 2 via […]

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Eyes on the Prize: African exploration is back!


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Independents and international oil companies (IOCS) have finally spudded several much-awaited exploratory wells in Africa this quarter. They signal the resumption of exploratory drilling activity, in a continent that remains heavily under-explored. While Eni has led exploratory efforts this year so far with three discoveries in Angola (Cuica), Ghana (Eban) and Côte d’Ivoire (Baleine), additional […]

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TotalEnergies spuds most anticipated well of the year offshore Namibia


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The 7th generation drillship Maersk Voyager has spudded the Venus-1 well within Block 2913b offshore Namibia. The block is operated by Total E&P Namibia B.V. (40%) along with its partners Qatar Petroleum (30%), Impact Oil and Gas (20%), and national oil company NAMCOR (10%). Namibia’s Block 2913b is located in the ultra-deep waters of the […]

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bp achieves first oil from subsea tieback project on Block 18 in Angola


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bp has announced start of production from its Platina project on Block 18 offshore Angola. The field was brought online ahead of schedule and under the contractor’s group initial budget. The block is operated by bp Angola (Block 18) B.V. (36.34%) along with BP Exploration Beta (9.66%), Sonangol SSI (7.72%), and Sonangol E&P (16.28%). The […]

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Afreximbank signs $2 billion in deals with Nigerian oil & gas companies


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The African Export-Import Bank (Afreximbank) showed up for Nigeria’s oil sector this week in Durban, during the Intra-African Trade Fair 2021. The bank has signed three separate deals totaling almost $2bn with the state-owned Nigerian National Petroleum Corporation (NNPC), indigenous operator Eroton Exploration & Production and new Nigerian independent Mars Exploration & Production. A $1.04 […]

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FAR has spudded the Bambo-1 exploratory well offshore The Gambia – What’s next?


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FAR has successfully spudded the Bambo-1 exploratory well on Block A2 offshore The Gambia. The drilling campaign will take about one month and drill the well to a depth of about 3,400 metres. Bambo-1 will drill into a series of vertically staked targets with a combined estimated recoverable prospective resource of over 1 billion barrels […]

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Gabon exposes clear vision on what to do with its natural gas


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Gabon is thought to hold anywhere between 3 to 5 trillion cubic feet (Tcf) of gas, although the country remains a small gas producer. To date, most of its gas has remained on the ground or flared – with only small quantities monetised domestically for power generation in Libreville and Port Gentil. But as Gabon […]

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ExxonMobil to resume drilling offshore Angola in June 2022


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ExxonMobil’s affiliate in Angola has just awarded Valaris a two-year contract for drillship VALARIS DS-9. The rig is to be reactivated and mobilized to Angola in June 2022. This marks the resumption of drilling activities for ExxonMobil in Angola following a June 2019 agreement with National Agency for Petroleum, Gas and Biofuels (ANPG) to further […]

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BW Energy moves to develop giant Namibian gas field first discovered in 1974


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BW Energy has just signed an agreement with Aquadrill LLC to acquire the semisubmersible drilling rig “Leo” for a total consideration of $14m. Surprisingly, the rig is not to be used for the company’s flagship Gabonese nor Brazilian assets, but for the development of the Kudu gas field offshore Namibia. The acquisition of the “Leo” […]

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TechnipFMC sees $3bn of subsea opportunities in Africa within 24 months


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TechnipFMC sees subsea opportunities across Nigeria and Angola totaling between $3bn and $5bn within the next 24 months, the company said during its Q3 2021 earnings conference call. This remains in line with its previous estimate released at the end of Q2. Angola to the front The subsea market in the region will be heavily […]

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BW Energy starts production from Tortue Phase 2 offshore Gabon


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BW Energy has announced that the hook-up of the DTM-6H and DTM-7H production wells at its Dussafu Marin Permit offshore Gabon has been completed and handover to production operations made. DTM-7H (Gamba formation) was brought online yesterday, while DTM-6H (Dentale formation) is expected online in the coming days. Both wells form part of the four […]

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Gabon on the move: what you need to know ahead of the Gabon Oil, Gas & Energy Summit in Libreville this week


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Nested in the Gulf of Guinea, Gabon has built itself a reputation of environmental stewardship and sustainable development of its natural resources. The country of less than 2.5m notably hosts Africa’s largest forest elephant population and is covered at 88% by rainforest. Despite being an established offshore hydrocarbons province, Gabon is steadily diversifying away from […]

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Trident Energy completes gas lift system milestone offshore Equatorial Guinea


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Trident Energy’s ongoing offshore campaign in Equatorial Guinea continues to progress with the successful installation this month of a new gas lift distribution unit (GLDU) at Ceiba. This notably follows the successful completion on the field of a deep offshore hot tapping operation in April this year, and the start of a three-well drilling campaign […]

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Kosmos Energy consolidates interests in Ghana’s producing Jubilee and TEN fields


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Kosmos Energy has just announced the close of a transaction by which it has acquired an additional 18% in the Jubilee Field and an additional 11% in the TEN Fields in Ghana from Occidental Petroleum (OXY) for a price of $550m. Both assets were previously chased by TotalEnergies as part of its broader acquisition of […]

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BW Energy, VAALCO Energy and Panoro Energy secure two exploration blocks offshore Gabon


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BW Energy has been provisionally awarded two offshore exploration blocks in Gabon as part of the country’s 12th Offshore Licensing Round. The company will be operator of blocks G12-13 and H12-13 with a 37.5% interest along with VAALCO Energy (37.5%) and Panoro Energy (25%). “The PSCs will have an exploration period totaling eight years which […]

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After Oza and Asaramatoru, Decklar considers entry into Emohua Marginal Field


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Decklar Resources has announced it has entered into a non-binding letter of intent to purchase all of the issued and outstanding shares of Wesfield Exploration and Production. Westfield E&P is the Nigerian entity that holds a Risk Finance and Technical Services Agreement (RFTSA) with Erebiina Energy Resources, the recent winner of the Emohua Marginal Field […]

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Eni puts Cabaça North on stream on Block 15/06 offshore Angola


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Following Cuica in July this year, Eni has now achieved first oil from Cabaça North on Block 15/06 offshore Angola. Both fields are tied back to the Olombendo FPSO commissioned back in 2017 to initially develop the Cabaça Southeast and Cabaça Central UM8 fields on the license’s East hub. While Cabaça North was always going […]

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