Category :

Africa Crude Oil News

Northwestern Africa leading exploration activity

Northwestern Africa leading exploration activity

By Aatisha Mahajan on 10/17/2017 OSLO -- Conventionally, African exploration has been focused in Nigeria, Egypt and Libya; most other frontiers were either underexplored or not explored at all. However, in recent times Africa has been the hot spot for exploration activity, mostly concentrated in West…

Tullow awarded four licences in Côte d’Ivoire

Tullow awarded four licences in Côte d’Ivoire

10/12/2017 LONDON -- Tullow Oil has announced that it has acquired 90% stakes in four onshore blocks in Côte d’Ivoire. Petroci, the national oil company of Côte d’Ivoire, holds the remaining 10%. The four blocks - CI 518, CI519, CI301 and CI302 – cover 5,035 km2…

South Africa seeks oil talks with Glencore, Vitol as legal spat looms

South Africa seeks oil talks with Glencore, Vitol as legal spat looms

By Paul Burkhardt on 10/11/2017 JOHANNESBURG (Bloomberg) -- South Africa plans to engage with traders who acquired strategic oil reserves two years ago, even as it prepares legal action to try to cancel the deal. The Strategic Fuel Fund, responsible for managing the reserves, sold 10 MMbbl…

Total reinforces its exploration in West Africa

Total reinforces its exploration in West Africa

10/9/2017 Source: Total. PARIS -- Total and the National Office of Petroleum of Guinea (ONAP) signed a Technical Evaluation Agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry, covering approximately 55,000 km2. “By taking this position on a…

CH2M wins marine support contract on BP development offshore Senegal, Mauritania

CH2M wins marine support contract on BP development offshore Senegal, Mauritania

10/5/2017 LONDON -- CH2M has been awarded a new marine engineering support contract on BP's Tortue development offshore Mauritania and Senegal. The new energy development project involves subsea gas production, a floating gas treatment facility, a pipeline with domestic gas connection points and a nearshore hub facility…

Sparrows Group, Hydra Group launch crane, lifting, inspection joint venture in Ghana

Sparrows Group, Hydra Group launch crane, lifting, inspection joint venture in Ghana

10/4/2017 ABERDEEN -- Sparrows Group has formed Sparrows Offshore Ghana Ltd, a joint venture with local partner Hydra Group Limited, to deliver crane, lifting and inspection services in Ghana. The agreement will service strong demand for an experienced lifting and mechanical handling specialist to support reliability…

Libya oil output set to recover following halt at Sharara field

Libya oil output set to recover following halt at Sharara field

By Salma El Wardany and Saleh Sarrar on 10/3/2017 CAIRO and DUBAI (Bloomberg) -- Libya’s oil production is set to recover from a five-month low as the North African supplier’s biggest field restarts following a brief halt. The OPEC member’s output is expected to rise to…

Ophir awards upstream construction contracts for the Fortuna FLNG Project

Ophir awards upstream construction contracts for the Fortuna FLNG Project

10/2/2017 LONDON -- Ophir Equatorial Guinea (Block R) Ltd, a 100% owned subsidiary of Ophir, has awarded the upstream construction contract for the Fortuna FLNG Project to Subsea Integration Alliance, which is a partnership between OneSubsea, a Schlumberger company, and Subsea 7. The contract is structured…

Future of Ugandan oil and gas sector looks bright, Siemens says

Future of Ugandan oil and gas sector looks bright, Siemens says

9/27/2017 LAUSANNE, Switzerland -- The International Monetary Fund recently stated that the oil reserves in Uganda may account for around 4% of the country’s economy annually in the next few years if managed well. These sentiments were echoed by speakers and delegates attending the Uganda International Oil…

Sparrows Group secures three-year contract with Total in Angola

Sparrows Group secures three-year contract with Total in Angola

9/26/2017 ABERDEEN -- Sparrows Group has signed a three-year contract with Total to supply crane maintenance and engineering services at four of the operator’s assets in Angola. The agreement will see the company implement planned maintenance routines as well as delivering all major preventative maintenance, and…

1 2 3 10

Login

Don't have an account ? Sign Up

Register New Account

Please setup your Google reCAPTCHA secret key first.

Reset Password

Already have an account ? Login