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by Valerie Jones|Rigzone Staff| Eni Starts New Production Well Offshore Angola Eni has launched a new production well in the Vandumbu field offshore Angola. Eni S.p.A. has launched a new production well in the Vandumbu field offshore Angola, the Italian oil and gas company announced Thursday. The start-up of the VAN-102 well, located about 217 …
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Source: Bahari Oil and gas exploration company Tullow Oil has farmed into licenses located in the Indian Ocean offshore Comoros.  Tullow said on Thursday that it had agreed with Discover Exploration to farm into Blocks 35, 36 and 37, offshore the Union of the Comoros in the Indian Ocean. Following the completion of this …
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French major TOTAL has taken two investment decisions on Angola’s deepwater Block 17, to develop satellite fields that will be tied back to existing infrastructures and will quickly bring additional production. The CLOV phase 2 project, which requires the drilling of 7 additional wells, with first oil expected in 2020 and a production plateau …
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Source: Lekoil The 3D seismic acquisition and processing operations on the Otakikpo field offshore Nigeria have been completed with interpretation being the next step. The Otakikpo field is operated by Green Energy International Limited with Lekoil, as a financial and technical partner, holding a 40% interest. Lekoil said on Thursday that the acquisition was undertaken by Sinopec …
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By Fred Akanni, in Lagos A consortium led by Vitol and comprising Africa Oil Corp. (25%), Delonex Energy Ltd. (25%) and Vitol Investment Partnership II Ltd. (50%), has entered into a Share Purchase Agreement (SPA) to acquire a 50% ownership interest in Petrobras Oil and Gas B.V. for $1.407Billion. BTG Pactual E&P B.V. …
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Nigerian authorities have asked Elcrest E&P to commit to gas monetisation as a condition to renewing its equity participation in a lease in the Western Niger Delta. Elcrest acquired 45% of Oil Mining Lease (OML) 40 from Shell, TOTAL and ENI in 2012, but the subsisting licence with which these majors held the lease …
Continue reading "Lease Renewal: Elcrest To Pay $6Million, Do A Gas Project"
The Angolan State Minister for Economic and Social Development, Manuel Nunes Junior, the Chairman and CEO of Total , Patrick Pouyanné, and the Chairman of the Board of Directors of Sonangol, Carlos Saturnino, inaugurated the Kaombo offshore project on Monday. Kaombo project / Image by: PetrolisLocated 260 kilometers off the coast of Luanda, on Block …
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Italian oil company Eni has signed an agreement with Angola’s national oil company Sonangol to expand the perimeter of the offshore Block 15/06. Ngoma FPSO / Image: Eni’s Flickr account / Shared under CC BY-NC 2.0 licenseThe block, where Eni in June made the Kalimba discovery, will now cover an additional area of 400 km2 on the west …
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Source: African Petroleum African Petroleum (AP) is looking for an alternative arbitrator for its arbitration proceedings in Senegal after a potential conflict was identified for its previous nominee. The Senegalese government has not appointed an arbitrator either. To remind, AP registered a request for arbitration proceedings with ICSID on July 11, 2018 to protect its interests …
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Source: African Petroleum African Petroleum (AP) is looking for an alternative arbitrator for its arbitration proceedings in Senegal after a potential conflict was identified for its previous nominee. The Senegalese government has not appointed an arbitrator either. To remind, AP registered a request for arbitration proceedings with ICSID on July 11, 2018 to protect its interests …
Continue reading "African Petroleum still seeking arbitrator for Senegal case"
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