CAMAC Energy has reported that it has signed a contract with a subsidiary of Transocean Ltd. for the provision of the semi-submersible drilling unit Sedco Express for drilling and completion activities offshore Nigeria.   The contract allows for the drilling or completion of up to three wells, and CAMAC intends to use the rig to accelerate timing of the tie-in of production from the Oyo-7 and Oyo-8 development wells.   With.... Read more »

Posted on : Tuesday , 9th December 2014

 Oslo-listed oil and gas investment company RAK Petroleum plc has announced that it has increased its stake in Côte d’Ivoire Block CI-27 to 9.1 percent following the acquisition by Foxtrot International LDC and other members of the joint venture of their pro-rata shares of the 12 percent interest previously held in the block by Energie de Côte d’Ivoire SA.   Following the transaction that was closed on.... Read more »

Posted on : Tuesday , 9th December 2014

 Oil flow has commenced through the 51-kilometer long Umugini pipeline and into the Trans Forcados crude oil export pipeline system that connects to the Forcados oil export terminal. The commencement of continuous oil injections from the 12-inch Umugini pipeline to the Trans Forcados export pipeline followed the completion of pipeline tie-in at the Eriemu flow station and other start-up activities including line fill. Mart holds an.... Read more »

Posted on : Tuesday , 9th December 2014

 The federal government and General Electric (GE) signed a Memorandum of Understanding (MoU) yesterday for the implementation of a $1 billion investment plan, Leadership reports.   GE’s Global Chairman, Mr. Jeff Immelt had in January 2013 announced the $1 billion investment plan for Nigeria out of which $250 million will be earmarked for capital expenditure of the construction of a multi modal manufacturing and Assembly.... Read more »

Posted on : Tuesday , 9th December 2014

 BP recently announced that it is now operating the world’s first robotic coreflooding system the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities.   Coreflooding which is one of the most important techniques used to identify and evaluate EOR technologies measures the effectiveness of water or gas injected into an oil-bearing rock sample to displace oil and can also be used to.... Read more »

Posted on : Monday , 8th December 2014

The ENI group wants to use different methods for natural gas exploration in the Rovuma basin in northern Mozambique and production is expected to start in 2019, the Managing Director of the company for the region said Wednesday in Maputo.   Fabrizio Trilli said the success of the Italian group’s project should not be limited to extraction and export of liquefied natural gas (LNG), so the group, as early as 2015, want to start.... Read more »

Posted on : Saturday , 6th December 2014

 In a bid that will help meet growing demand for electricity in the countries at the south of Africa, the University of Zambia is planning to venture in constructing solar energy laboratories. Prem Jain, head of energy, environment and research at the university (Energy, Environment and Research Group), has said that the project will also avail an opportunity for students to qualify to work in related fields. This is because it will avail.... Read more »

Posted on : Saturday , 6th December 2014

 Tanzania’s proposed LNG project could take about seven years to complete, an official from Statoil was quoted as saying last week.   According to Statoil’s Tanzania operations manager if all goes as planned, the plant will commence operations between 2022 or 2023, reported Tanzania Daily News on Saturday.   "We estimate the project will take seven years upon its completion. We have to make soil studies to.... Read more »

Posted on : Thursday , 4th December 2014

 The Principal Secretary to the Energy and Petroleum Ministry Joseph Njoroge has said that feasibility study for the Kenya – Uganda oil pipeline will be expected by mid-April next year. The contract will be undertaken by Toyota Tsusho, a Japanese carmaker, which won the tender last month.   The pipeline will run from Lamu-Kenya to Hoima-Uganda, passing through the Lokichar basin. The company is also expected to come up with the.... Read more »

Posted on : Wednesday , 3rd December 2014

 The world’s largest oilfield services company Schlumberger has announced it will be reducing its WesternGeco fleet as lower commodity prices lead to short-term cost cutting measures by exploration companies.   According to the company’s President of operations and integration Patrick Schorn Schlumberger will be restructuring WesternGeco marine seismic fleet by retiring older vessels with low towing capacity and high.... Read more »

Posted on : Wednesday , 3rd December 2014

African focused support services and Logistics Company Atlas Development & Support Services Limited has announced that, in line with its expansion strategy for East Africa, it has been awarded its first support services contract in Mozambique.   The agreement, with an international oil company, underlines Atlas Development’s increasing penetration into the oil & gas support services market and its growing reputation with.... Read more »

Posted on : Wednesday , 3rd December 2014

 Swala Energy has announced that it is in farm-in conversations in Eastern Africa as the company seeks ways of raising alternative funding transactions.   This follows the withdrawal of a share purchase plan by the company’s board as the company aims at raising $5 million to finance its drilling obligations ahead of the planned in 2015.   Swala which has already suspended its shares from trading since 24th November says.... Read more »

Posted on : Tuesday , 2nd December 2014