Africa
Seabased, TC Energy Ink Wave Energy Plant Deal (Ghana)
Seabased has reported that on Friday night, August 22, 2014, the company has signed a contract with Ghanaian TC Energy regarding a large wave energy plant in Ghana. Seabased CEO Billy Johansson and TC Energy Executive Chairman Anthony Opoku have signed the contract according to which they will first
Jacka expects first oil from Aje at 2015 end (Nigeria)
Jacka Resources Limited has announced the initial booking of oil reserves attributable to its interests in the Aje field, OML113 Nigeria and said that first oil is expected at the end of 2015.
Circle Oil Encounters Oil Shows in EMD-1 Well in Mahdia Permit, Tunisia
Circle Oil Plc, the Middle East and Africa focused oil and gas exploration, development and production company, announces the preliminary results of drilling of the well EMD-1 in the Mahdia Permit, offshore Tunisia. The El Mediouni-1 well (EMD-1) is located within the north central area of the Mahdi
“Dredging without Boundaries” Set for November
The CEDA African Section will be hosting an international symposium “Dredging without Boundaries” on 27-28 November 2014, in Casablanca, Morocco. Dredging works have an important role in the construction and maintenance of port infrastructure in the world and particularly on the North African coast.
Pacific Drilling Gets Firm Contract Extension for Pacific Bora Drillship
Pacific Drilling S.A. announced that Star Deep Water Petroleum Limited, an affiliate of Chevron, has signed a firm contract extension for the Pacific Bora. The contract extension increases the drillship’s backlog by approximately $439 million, bringing the company’s total contract backlog as of Aug.
Circle Oil finds oil off Tunisia. Appraisal well imminent
“We are extremely pleased to add this potential large discovery to our portfolio in Tunisia. It is unfortunate that the hole conditions became untenable so quickly and we were unable to conduct a full log evaluation of the hydrocarbon column in the well.”
Bowleven: More time needed for Etinde farm-out completion
Bowleven, the Africa focused oil and gas exploration, has announced that all parties to the LUKOIL/NewAge Etinde farm-out agreement announced on 24 June 2014 have agreed to an extension to the longstop date. With the majority of conditions to transaction completion now satisfied, the longstop date,
Chevron extends ‘Pacific Bora’ contract
Pacific Drilling S.A. a Luxembourg-headquartered offshore drilling contractor has secured more work for one of its ultra-deepwater drillships. The company has announced that that Chevron’s affiliate Star Deep Water Petroleum Limited has signed a firm contract extension for the Pacific Bora drillship
Deal Signed for 1GW Wave Energy Project in Ghana
On Friday night, Swedish company Seabased and Ghanaian TC Energy signed a contract for the development of a large wave power park in Ghana. Seabased CEO Billy Johansson and TC Energy’s Executive Chairman Anthony Opoku inked the first deal to install a first smaller plant that will be part of agreeme
TGS Begins 3D Survey Offshore Sierra Leone
TGS announces acquisition of a 3D multi-client survey offshore Sierra Leone. The survey, Sierra Leone Block 4A Extension, will add 1,000 km2 of new 3D data to the existing 6,268 km2 of 3D data library in Sierra Leone. “This survey extends our current data coverage in an important and prospective are
TGS hires ‘Polarcus Alima’ for Sierra Leone survey
TGS announces acquisition of a 3D multi-client survey offshore Sierra Leone. The survey, Sierra Leone Block 4A Extension, will add 1,000 km(2) of new 3D data to the existing 6,268 km(2) of 3D data library in Sierra Leone. “This survey extends our current data coverage in an important and prospective
Zacks: Worst still to come for offshore drillers
The latest spate of fleet status reports – with news of low dayrates and contract terminations – provide further evidence that being an offshore driller is just not fun right now, Zacks Equity Research writes in its blog. Year-to-date, shares of major companies have significantly underperformed the