+44 (0) 20 7867 3734

Latest news and what's happening in our industry

Two Companies Complete 3D Laser Survey Offshore Ghana

Feb-2017: ADUS DeepOcean and DeepOcean Ghana have completed a 3D laser survey for Tullow Oil off the coast of Ghana. The survey was conducted in 12 drill centre locations and 27 metrologies in water depths ranging from 2620 – 5900 feet (800 – 1800 m), and is expected to provide cost-effective subsea data. It was conducted from a remote operated vehicle (ROV), and the dynamic laser survey consisted of a deep-rated 2G Robotics ULS 500 Pro Laser with a Sonardyne’s SPRINT INS system. The survey will also set new benchmarks for high-resolution contextual 3D surveys, and provide a rapid alternative to conventional metrology surveys.

Eni Achieves First Oil Production From Cabasa South East Field Offshore Angola

Feb-2017: Eni has achieved first oil production from the deep water Cabaça South East field in block 15/06 offshore Angola, with the Armada Olombendo FPSO vessel. The project includes nine subsea wells (five producers and four water injectors) in water depths ranging from 1476 – 1804 feet (450 – 550 m). It is about 218 miles (350 km) northwest of Luanda and 81 miles (130 km) west of Soyo. The FPSO vessel has an oil production capacity of 80 000 stb/d and a gas production capacity of 120 MMSCFD. Production from the East Hub project will add to production from the existing West Hub project, which includes several fields connected to the N’Goma FPSO vessel. In total, block 15/06 will reach a peak of 150 000 stb/d of oil in 2017. Block 15/06 is owned by Eni (35.83%, operator), Sonangol (36.84%) and SSI Fifteen (27.3%).

BW Offshore Buys Equity In Kudu Licence Offshore Namibia

BW Offshore has acquired 56% equity in the Kudu licence from the state-owned oil company, NAMCOR. BW Offshore will take over operatorship of the licence, and NAMCOR will hold the remaining 44%. Kudu was discovered by Chevron in 1974, approximately 170km off the coast of Namibia. A further seven appraisal wells were drilled by various oil companies including Shell and Tullow Oil, who subsequently withdrew from the project. The Kudu field is estimated to contain a 1C-2C-3C contingent resource range of 755-1330-2308 BSCF within the main K3 reservoir . Kudu gas will most likely be produced by a floating production unit, and exported by pipeline to a new 885 MW gas-to-power plant onshore Namibia. Final investment decision is expected in Q4 2017.

Kosmos Energy And Galp Energia Commence Sao Tome and Principe Seismic Surveys

Feb-2017: Kosmos Energy and Galp Energia have started seismic surveys for oil in four blocks in the Exclusive Economic Zone of Sao Tome and Principe. The surveys will be completed in blocks 5, 6, 11 and 12, and will last for about nine months. Kosmos recently sold 20% equity in blocks 5, 11 and 12 to Galp Energia.

India To Invest 6 Billion USD In Rovuma Gas Field In Mozambique

Feb-2017: India plan to double its investment in the Mozambique’s Rovuma gas field by spending 6 billion USD by 2019. ONGC Videsh, Oil India and Bharat Petroleum hold a combined 30% interest in the Rovuma Area-1, which is estimated to have recoverable gas reserves of up to 75 TSCF. The Rovuma field is expected to deliver first gas production by 2019. India may or may not import liquefied natural gas from the Rovuma field, and this will depend on the market situation and the gas sales price.

Third FPSO Vessel To Set Sail To Ghana In February 2017

Feb-2017: Ghana’s third Floating Offloading Production Storage (FPSO) vessel will set sail to Ghana in February 2017 after it was officially named at a ceremony in Singapore.   It was built by Keppel Shipyard (KSL) of Singapore, and named after former Ghana President, John Agyekum Kufuor. The vessel will be used to develop the Sankofa-Gye Nyame field in the Tano Basin, offshore Ghana. 18 subsea wells will be tied to the vessel, which has an oil production capacity of 58 000 stb/d, a gas production capacity of 210 MMSCFD, a water injection capacity of 55 000 stb/d of water, and a gas injection capacity of 150 MMSCFD. Some of the gas produced will be exported via a 63 km pipeline to Ghana’s power plants for domestic consumption. The asset will be operated by Eni (44.44%), and other partners include Vitol (35.56%) and the Ghana National Petroleum Corporation (GNPC, 20%).