Africa
Eni Inks PSC for Exploration of Block 35 in Deepwater Offshore Angola
Eni and Sonangol E.P. signed in Luanda a Production Sharing Contract (PSC) for the exploration of Block 35, which is situated in deepwater offshore Angola, 150km off the coast of the capital Luanda. The Block covers approximately 4,900 square km of potential mining acreage in the deep water of the n
Nigeria: Kogi Calls on FG to Speed Up Lokoja Seaport Project
The Kogi chapter of River Transport Association on Monday called on the Federal Government to ensure speedy completion of the Lokoja seaport… (nigerianobservernews) [mappress] Source: nigerianobservernews, December 21, 2011;
Offshore Engineering Global and China Marine Industry Report Available
Reportlinker announced that the new market research report is available. The skyrocketing oil price during 2007-2008 sparked globally investment fever in marine engineering industry. However, from 2009 onwards, seeing globally economic recession and sluggish demand, many small and medium-sized marin
Total Plans to Explore Deepwater Kwanza Basin Offshore Angola
Total announced that it is expanding its significant presence in Angola through the successful application for three new exploration blocks in the deepwater Kwanza Basin. Following an international licensing round, Total signed three production sharing agreements with state-owned Sonangol on Decembe
Sierra Rutile Provides Production Update (Sierra Leone)
Sierra Rutile Limited has announced an update on 2011 and 2012 production guidance and execution of its first 2012 sales contracts. To date, production in H2 2011 has been significantly higher than in H1 2011 (27,149 tonnes in H1 versus approximately 39,000 tonnes forecast for H2) as a result of the
Mozambique: Kenmare Resources Places Multi-Million Rand Order for 32 Pumps
Kenmare Resources has placed a multi-million rand order with Weir Minerals Africa for 32 pumps for the expansion of its Moma Titanium Minerals Mine in northern Mozambique. This is Weir Minerals Africa’s largest ever pump order since it merged with the CH Warman pump group in 2008. The original proce
Eni Strengthens Presence in Angola with New PSC
Eni, Italian oil company, has been present in Angola since 1980. Yesterday, Eni and Sonangol E.P. signed in Luanda a Production Sharing Contract (PSC) for the exploration of Block 35, which is situated in deepwater offshore Angola, 150km off the coast of the capital Luanda. The Block covers approxim
BP Gains Access to 5 More Deepwater Blocks Off Angola
BP’s involvement with Angola goes back to the mid 1970s. During the 1990s, BP made very substantial investments in Angola’s offshore oil, and it is now an important part of the company’s upstream portfolio. The UK based oil giant today confirmed that it has gained access to five more deepwater explo
Angola: Cobalt Wins Operatorship in Block 20. First Well in 2013
Cobalt International Energy, Inc. has signed the Production Sharing Contract for Block 20 offshore Angola. Cobalt has been named the operator of Block 20 and has a 40% working interest in the block under this agreement. Other partners in Block 20 include Sonangol Pesquisa e Produção, S.A. (30%), BP
Total to Explore for Pre-Salt Deposits in Angola’s Kwanza Basin
French supermajor, Total is expanding its significant presence in Angola through the successful application for three new exploration blocks in the deepwater Kwanza Basin. Following an international licensing round, Total signed three production sharing agreements with state-owned Sonangol on Decemb
Fairmount Marine’s Tug Delivers Rig Noble Paul Romano from Gulf of Mexico to Egypt
Fairmount Marine’s powerful tug Fairmount Sherpa has safely towed the semi-submersible drilling rig Noble Paul Romano from the Gulf of Mexico to Egypt. The tow was over a distance of close to 8,000 miles. When contracted by Noble Drilling the Fairmount Sherpa just has completed the installation of F
Statoil Obtains Operatorship in Pre-Salt Area Offshore Angola
Statoil has been awarded operatorship for blocks 38 and 39 and partner position in blocks 22, 25, 40 in the Kwanza basin in Angola. This follows the conclusion of the competitive Limited International Bidding Round organised by Sonangol for access to pre-salt acreage in the Kwanza Basin offshore Ang