January 29th, 20200A.P. Moller Capital, in partnership with Olam International and Africa Finance Corporation (AFC), will invest in infrastructure in West Africa through the Africa Infrastructure Fund. The platform being invested into is an infrastructure ecosystem of ports, trucking, warehouses and rail services, which facilitates effective trade. The...
August 19th, 20190BW Offshore has been awarded a contract extension by VAALCO Energy for 1975-built FPSO . The extension is for one year through to the third quarter of 2021, and includes a further one-year extension option. FPSO Petróleo Nautipa is operating on the Etame field offshore Gabon.
July 18th, 20190Seadrill Partners has secured a one-well contract for 2008-built drillship from PC Gabon Upstream. The one-well contract is for drilling offshore Gabon, with commencement expected in September 2019. The contract, worth around $22m excluding mobilisation fees, will run through to the end of 2019.
March 20th, 20190BW Offshore subsidiary BW Energy Gabon has reached an agreement with Gabon Oil Company (GOC) to sell a 10% interest in the Dussafu production sharing contract. The transaction is worth $28.5m representing 10% of development and production costs from April 2017 until now. Carl Arnet, CEO of BW Offshore, commented: "We are very...
March 18th, 20190US offshore driller Vantage Drilling International has been awarded a contract by Vaalco for 2009-built jackup rig . The rig will be used to drill in Gabon from the third quarter of 2019 after it comes off contract with Eni in Gabon. The charter is through to the end of the year and includes up to four options. Ihab Toma, CEO of...
April 27th, 20180US offshore driller Vantage Drilling International has been awarded a contract by Total Gabon for 2009-built jackup rig for operations off Gabon. The contract length is estimated at around nine months and includes additional options. Ihab Toma, the chief executive officer of Vantage, commented, “We are very pleased to announce...
