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Oil and gas companies ExxonMobil and Anadarko have sent donations to aid agencies in Mozambique following a disastrous and deadly Cyclone Idai which made landfall on March 14. Cyclone Idai has wrecked much of Beira and its region. Photo: WFP/PhotolibraryAccording to the UN, the full scale of the devastation caused by Tropical Cyclone Idai in …
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Tower Resources bringing Topaz Driller rig back to Cameroon Tower Resources has via its Cameroon subsidiary hired the Topaz Driller jack-up rig from Vantage Drilling for drilling operations offshore Cameroon in 2019. The rig is expected to start the NJOM-3 well at Tower’s Thali license in the second quarter of 2019. The Thali PSC, where the …
Offshore drilling contractor Vantage Drilling has managed to score yet another job for its Topaz Driller jack-up rig in West Africa, which will keep the rig busy until the end of the year. Topaz Driller / Image source: Vantage DrillingThe driller said on Thursday the 2009-built Topaz Driller had secured a deal with the oil …
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by  Bloomberg | G.Smith, S.E.Wardany, D.Khrennikova, A.Hordern | The partnership at the heart of the OPEC+ alliance showed further signs of strain after Russia pressured the Saudi-led group to delay a decision on the future of their production cuts. (Bloomberg) -- The partnership at the heart of the OPEC+ alliance showed further signs of …
Continue reading "Saudi-Russia Alliance Shows Signs of Strain"
by  Bloomberg | Heesu Lee | Oil held above $60 a barrel after the biggest withdrawal of crude in American storage tanks since July raised speculation that global supplies are tightening. (Bloomberg) -- Oil held above $60 a barrel after the biggest withdrawal of crude in American storage tanks since July raised speculation that global …
Oil and gas major BP has awarded Golar LNG a contract for an FLNG unit to be deployed at the Greater Tortue Ahmeyim project offshore Senegal and Mauritania. Tortue Ahmeyim FLNG illustration. Image source: BPGolar LNG had previously been given Limited Notice to Proceed with Tortue FLNG ahead of the Final Investment Decision which was made on December 21, …
Continue reading "Golar wins Tortue Ahmeyim FLNG deal with BP. Keppel to build the unit"
by  Bloomberg | Saket Sundria Oil climbed the most in a week after an industry report signaled a surprise decline in U.S. oil inventories and Russia confirmed it's reducing production in line with an agreement by OPEC and its allies. (Bloomberg) -- Oil climbed the most in a week after an industry report signaled a …
Oil and gas company Kosmos Energy is planning to sell a portion of its interest in the large Tortue Ahmeyim gas field in West Africa where a final investment decision was recently made. Tortue Ahmeyim FLNG render / Image source: BPKosmos, which discovered the Greater Tortue Ahmeyim field in 2015, is now a partner in the …
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MODEC, the Japanese supplier of Floating Production solutions, has been awarded the front-end engineering design (FEED) contract for the SNE Field Development floating production storage and offloading (FPSO) facility, offshore Senegal. The FPSO is expected to have a capacity of around 100,000 Barrels of Oil Per Day, with first oil targeted in 2022. “Following …
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By Fred Akanni The Organisers of the West African International Petroleum Exhibition and Conference WAIPEC, delivered a second edition with a very Pan African feel over the course of two days last week. The first of the nine panels of the conference featured Omar Mitha, Chief Executive of the Mozambican state hydrocarbon company Empresa …
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