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Regional News: West Africa

 
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Bumi Armada Inks $3B FPSO Contract with Eni for Angola's East Hub Field
Thursday, August 21, 2014 Bumi Armada inks a $3 billion contract with Eni Angola for the chartering, operation and maintenance of a floating production, storage and offloading vessel for the East Hub field in Block 15/06 offshore Angola.

Eland Agrees to Buy 40% Interest in Ubima Field
Friday, August 15, 2014 Eland Oil & Gas agrees to buy a 40-percent interest in Nigeria's Ubima field from Allgrace Energy.

Petronas Signs PSC for Offshore Block F14 in Southern Gabon
Friday, August 15, 2014 Petronas signs a production sharing contract for Block F14 offshore southern Gabon.

Seadrill Clinches Commitment for Newbuild West Saturn
Friday, August 08, 2014 Seadrill, in cooperation with Field Offshore Design Engineering Nigeria Limited secures a contract with Esso, for employment of newbuild West Saturn.

Gabon Signs Offshore Oil Contracts With Six Companies
Friday, August 08, 2014 Gabon's oil ministry signs seven oil contracts with six companies as part of an offshore licensing round expected to attract at least $1.1B in investment to the sector.

  



Nigerian Oil Firm Shuts Clinic After Suspected Ebola Case Admitted
Friday, August 08, 2014 NNPC shuts down its clinic in Lagos' commercial district of Victoria Island, after a suspected Ebola case was admitted there.

Israeli Billionaire Finds 3B Barrel Of Oil In Congo
Thursday, August 07, 2014 An oil company owned by Israeli billionaire Dan Gertler has discovered reserves of around 3 billion barrels in the Democratic Republic of Congo.

Shell Starts Up Oil Production at Bonga North West
Wednesday, August 06, 2014 Shell's Nigerian subsidiary starts up oil production from the first well at the Bonga North West deep-water development offshore Nigeria.

Paragon Completes Spin-Off from Noble
Monday, August 04, 2014 Paragon Offshore completes its spin-off from Noble Corporation into a separate, publicly-traded company that owns and operates standard specification offshore drilling rigs.

Report: Nigeria, Shell Not Cleaning Oil Pollution
Monday, August 04, 2014 Little action has been taken to clean up pollution caused by oil production in Nigeria's Niger Delta region, either by the government or Shell Oil, Amnesty International and other groups charge.

Eni Makes 'Significant' Gas, Condensate Find in Gabon
Thursday, July 31, 2014 Italy's Eni makes a discovery that could amount to up to 500 million barrels of oil equivalent offshore Gabon.

BGP Completes 3D Seismic Acquisition Offshore Gabon for Perenco
Thursday, July 31, 2014 BGP completes 3D seismic acquisition offshore Gabon for Perenco Oil & Gas Gabon.

Tullow Sinks into Red but Confident Africa Strategy Will Pay Off
Wednesday, July 30, 2014 Tullow drifts into the red after writing off more than $400 million in exploration costs.