All posts tagged featured

Sasol Looks To Produce Diesel, Gasoline, From Mozambique’s Deepwater Gas

…Opens an opportunity for monetization outside LNG export

Sasol is looking at the possibility of producing diesel and gasoline from processing the gas in the rich reservoirs in Mozambique’s prolific deep water Rovuma Basin.

The announcement of a joint pre-feasibility study for a large-scale gas-to-liquids (GTL) plant is the first firm indication of an option to monetize these vast rich gas deposits, outside the much trumpeted plans for LNG. Sasol’s partners in the project are the state hydrocarbon firm ENH and the Italian major ENI, which operates the acreage

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How KCA Deutag Lost the Five Well Contract

By Fred Akanni

KCA Deutag has lost the opportunity for a 2-1-2 (five) well contract on the Uquo gas field in south east onshore Niger Delta basin in Nigeria. The task of completing Uquo 7 and 8 as gas wells, drilling a water disposal well and moving on to drill two more producers, has been offered to NRG Drilling Nigeria Limited, said to be an indigenous rig owner.

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SPE Seeks Africa’s Transformation Through Petroleum

Bernard Oboarekpe, Council Chair of The Society of Petroleum Engineers In Nigeria, Speaks on the role of advocacy and stakeholder engagement in driving Africa’s Oil and Gas Policy

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Germans Plan Rig-Less Campaign for Egyptian Wells

By Mohammed Jetutu, North African Correspondent
German operator RWE Dea plans to add perforations as part of a rig-less campaign on its just concluded appraisal wells in Egypt’s onshore Sidi Salem South East fields. The programme is scheduled for “later in 2014/2015”, according to a company statement.

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RWE Gets Go Ahead For Exploitation Wells in Disouq Lease

RWE Dea Egypt has received internal approval to drill a further three near-field exploitation wells in the Disouq Development Lease. “The addition of these wells shows RWE Dea’s continuing commitment to add reserves to its Disouq Development Project”, explained Maximilian Fellner,

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Foster Wheeler, Taknia, Win FEED Contract For Libyan Field

American engineering firm, Foster Wheeler and Taknia Libya, its local partner, have been awarded a front-end engineering design (FEED) for the development of Libya’s onshore North Hamada Field in Area 47 Development Project in Libya’s Ghadames Basin.

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ConocoPhillips’ Deal Highlights Excessive Ministerial Powers

By Humphrey Onyeukwu

Oando’s recently completed purchase of ConocoPhillips’ assets in Nigeria focuses, again, a searchlight on the enormous powers of the country’s oil minister under the extant law.

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Whose Rig Count Do You Believe?

Baker Hughes reports Nine (9), OPEC’s Monthly Oil Market Report (MOMR) says it is 28 and the local chapter of the International Association of Drilling Contractors (IADC) avers that there were 23 rigs drilling, cementing, casing and logging on locations (excluding workovers) in Nigeria in June 2014.

By Toyin Akinosho

Surely, the figures by these distinguished sources are wide apart and if your business was based on rig count size, whom do you believe?

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African Petroleum to Hi-Grade Its Sierra Leonean Portfolio

By Idahosa Ejalen

African Petroleum Corporation (APC) has signed a contract to acquire more than 1,000 sq km of three dimensional (3D) seismic data on Block SL-4A-10, offshore Sierra Leone in addition to the existing 3D coverage. The seismic acquisition over Block SL-4A-10 is expected to commence any moment from now (third quarter 2014).

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Kosmos’ CB-1 Still In Line For late 2014

By Fred Akanni

American minnow Kosmos Energy still has, in its sights, a second deep-water well off Morocco in 2014. The 6th generation drillship Atwood Achiever,

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