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Etinde: Government Yet To Approve Operatorship

By John Ankromah

The Etinde Permit offshore Cameroon has moved further towards development phase, but the authorities are yet to approve the transfer of equity interest and change in operatorship of the asset, which are crucial.

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Shell Commences Production On Bonga North West

50,000BOPD Production on stream, four years after field development sanction

By Toyin Akinosho

Anglo Dutch super major Shell has put, online, first oil from the Bonga North West field offshore Nigeria. The event was announced at a field development session in the course of the conference of the Society of Petroleum Engineers (SPE) currently ongoing in Lagos.

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For NDPR, Omerelu Is Now in the Bag

Chevron carves out marginal field from OML 53…

Six year, drawn out negotiation typifies the timing of asset acquisition in Nigeria

American major Chevron has executed a farm out agreement with the Nigerian independent Niger Delta Petroleum Resources (NDPR) on the Omerelu field in onshore eastern Niger Delta.

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Seismic Market Will Remain Difficult in 2014

CGGVeritas closes its operational site in Nigeria, reduces worldwide fleet by 27%

By Toyin Akinosho

Given the current weak market conditions characterized ‘notably’ by the unpredictable capex spending of E&P companies the world over, and “delays in awarding projects and pressure on prices”, the year 2014 will likely remain difficult, in the opinion of CGGVeritas, the world’s top oilfield seismic survey firm.

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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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