Upstream news
Africa Oil farm-in of South Africa interest approved
The government of South Africa has approved Africa Oil Corp's acquisition of a 20% participating interest in the Block 3B/4B Exploration Right from Azinam Ltd. by its wholly-owned subsidiary, Africa Oil SA Corp.
Trident Energy begin 4D seismic surveys offshore Equatorial Guinea
The results of the surveys in the Ceiba and Okume fields are due to become available in 4Q20.
Fugro to take surveys in Pecan field offshore Ghana
The surveys will obtain critical seabed and sub-seabed information to facilitate the planning and emplacement of the Pecan subsea infrastructure and the FPSO ship.
Hurricane Energy provides operational update
Hurricane is planning an accelerated Lancaster Area work programme, focussed on drilling an additional production well on Lancaster in 2020.
Ocean Infinity establishes marine technology and data company
The launch of Armada will initially add fifteen bespoke designed marine robots to Ocean Infinity’s current fleet of autonomous underwater vehicles.
Unique Group acquires Western Advance's marine division
The company has also appointed Chris Forde as its regional vice-president for Asia-Pacific.
Mermaid Maritime incorporates UK subsidiary
The Thailand-based company intends to utilise the subsidiary as a vehicle to expand the provision of its subsea and related services into the UK North Sea.
Cooper Energy signs gas supply agreement
The company will supply O-I with 1 PJ per annum for two years commencing 1 January 2021.
Shell and Ecopetrol to develop Colombia offshore gas discoveries
Following the agreement, Shell will assume the operation of the Fuerte Sur, Purple Angel and COL-5 blocks.
Rystad Energy expects most 2020 high-impact wells to be in Africa and the Americas
Rystad Energy has predicted that of the top 30 high-impact wells to be drilled in 2020, five are located in North America, seven in South America and six in Africa.