Africa

Ivory Coast Grants Gazelle Production Rights to Rialto

Rialto has received formal confirmation from the government of Côte d’Ivoire that Rialto has been granted an Exclusive Exploitation Area (“EEA”) over the Gazelle Field on Block CI-202. The EEA grants Rialto with the right to produce hydrocarbons from Gazelle over a tenure period of 25 years. The Gazelle Field is the current focus of [...]

Ghana: Tap Gets Drilling Deadline Extension

Australia’s independent oil and gas exploration and production company Tap Oil on Friday announced that the Ministry of Energy, Ghana granted a one year extension of the Initial Exploration Period under the Petroleum Agreement in respect of the Offshore Accra Contract Area. Under the extension, the Perth headquartered operator must drill the commitment well until [...]

Total E&P Angola Hires Ocean Rig Olympia Drillship

The contract is for a three-year period for drilling offshore West Africa, with an estimated backlog of approximately $652 million.

Mozambique Gives Nod for Shell’s Cove Takeover Bid

The Government of Mozambique has given its consent to the offer made by Shell to acquire the company and its 8.5 per cent participating interest in Rovuma Offshore Area 1 which would arise on the takeover. Cove said it “received written confirmation from the Government that it consents to the offer for Cove announced by [...]

Rialto’s New Drilling Manager to Oversee Gazelle Drilling Offshore Ivory Coast

Rialto, an oil and gas exploration and production company, has appointed Simon Zoller as Corporate Drilling Manager for the Company to manage its current exploration programme offshore Côte d’Ivoire. Zoller will be responsible for the 3 well drilling programme in Block CI 202, Côte d’Ivoire – which commenced in March 2012 with the spudding of [...]

Ivory Coast: Rialto Provides Update on Gazelle Drilling

 Rialto Energy Limited, an oil and gas exploration and production company, provides the following weekly update on drilling operations at the Gazelle-P3 ST well, located offshore Côte d’Ivoire. The Gazelle-P3 ST well was spudded on 12 March 2012 using the Transocean GSF Monitor jack-up drilling rig. The well is the first of an overall three [...]

Fairmount Tows Semi-Sub Rig from Canary Islands to Brazil

Fairmount Marine’s tug Fairmount Sherpa has towed the rig ODN Tay IV from Las Palmas towards al location offshore Rio de Janeiro, Brazil. For this job Fairmount Marine was contracted by Odebrecht Oil and Gas for the third time in a row. ODN Tay IV is a semi submersible drilling rig for deep water operations [...]

Another Successful Flow Test Offshore Mozambique

Cove Energy plc, together with operator Anadarko Petroleum Corporation, today provided the results of its second flow test of the Barquentine-1 well at the northern end of the Prosperidade gas complex in the Rovuma Basin Area 1 block, Offshore Mozambique. Testing of the Barquentine-1 well flowed gas at an equipment constrained rate of approximately 100 [...]

Ghana: Kosmos’ Teak-4A Appraisal Well Hits Thin Reservoirs

Kosmos Energy announced results from the Teak-4A appraisal well, located in the West Cape Three Points Block, offshore Ghana. Located 6.1 kilometers (3.8 miles) northwest of the Teak-1 discovery well, the Teak-4A well was targeting the stratigraphic extension of the Teak discovery area. The well encountered thin, non-commercial reservoirs and is being plugged and abandoned. [...]

Aker Solutions to Supply 7 Subsea Trees to Total Offshore Angola

Aker Solutions has been awarded a contract by Total E&P Angola, to deliver seven new subsea tree systems to the Dalia field located offshore Angola. Contract value is approximately NOK 470 million (approximately 82 million). Scope of work includes seven production subsea trees, seven wellhead systems and seven well jumper systems, and may include some [...]





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