Africa Oil announces farm-out agreement with Azinam
Africa Oil will acquire a 20% participating interest and operatorship in the Exploration Right for Block 3B/4B, offshore South Africa.
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Africa Oil will acquire a 20% participating interest and operatorship in the Exploration Right for Block 3B/4B, offshore South Africa.
The contract is for six high-pressure high-temperature exploration wells on two jack-up rigs in the Arabian Gulf.
The license refers to Block WB03, located in the medium deep waters of the Tano Basin offshore Ghana.
The acquisition is set to expand Energean’s operations in the eastern Mediterranean gas hub, where Edison has a significant presence in Egypt’s rapidly-growing offshore basin.
Recoverable resources are estimated at 22 million bbl of oil.
The four-year contract includes the provision of services for the refurbishment, repair, load test and recertification of rigging lofts and contents.
The OCT®SW was driven by market feedback from offshore oil and gas operators in relation to seawater service valves used for fire safety.
Norwegian based oil and gas solids solutions firm FourPhase is to install a sand management system for an offshore platform in the Gulf of Mexico for a trial period.
Brazil alone is expected to contribute around 18% or 1455 thousand bpd of global crude oil and condensate production from key offshore planned and announced projects (new-build projects) in 2025.
The energy-saving marine compressed air system is to be delivered for a mid-water semi-submersible drilling rig.
The Zama appraisal programme in Block 7 in Mexico's Sureste Basin is operated by Talos in a consortium with Sierra Oil & Gas and Premier Oil.
The contract will see the Netherlands-headquartered business supplying a 2 in. ID 345 psi rated Gas Lift Jumper to support the independent E&P company’s operations in the Guillemot field, approximately 175 km east of Aberdeen.