Transferring skills mitigates risk
The discovery of huge hydrocarbon reserves will potentially transform East Africa. International energy companies are set to invest more than US$100 billion in developing the resources discovered in the last…
Africa
East Africa – Riding High
East Africa is riding a wave of excitement and interest in the industry, with significant successes in offshore Mozambique, Uganda and Tanzania. Bimbola Kolawole, Business Development Manager, Africa with Rystad…
South Sudan: “The Oil is Now Flowing”
After a 15-month stalemate, South Sudan has announced it is to resume oil production, ending a bitter row with former civil war foe and neighbour Sudan and marking a major…
New deepwater frontiers an ocean apart
The South Atlantic Equatorial Margin represents new, deepwater exploration frontiers. The 2007 Tullow Oil discovery of the Jubilee Field off the West African margin, located 60 km offshore Ghana in…
Africa spearheads new acreage drive
Guinea Guinea is working to put in place a new oil code by the middle of 2013 and will then invite companies to explore 21 offshore blocks, according to Guillaume…
Petroleum potential on the offshore Namibe Basin
Location map with position of PGS regional 2D MultiClient surveys, the highlighted location of main seismic image and distribution of main salt and volcanic centres. Evolution, geology and prospectivity of…
Highly dependent on oil revenues
Algeria, with a current population of 36 million, has been an oil producing country since 1958. This was made possible by two commercial discoveries in 1956, Edjelleh and Hassi Messaoud,…
New plays from old: Frontier exploration at the Western Edge of Gabon’s Salt Basin
Gabon, world-class frontier exploration targets Seriously underexplored, the potential for deepwater Gabon to provide a spectacular future for sub-salt discoveries is very promising. Although Gabon’s southern salt basin extends over an…
Unlocking the exploration potential of the Seychelles
Project map showing Seychelles structural elements. Seychelles: New insights revealed The Seychelles Exclusive Economic Zone covers over 1.3 million km2 and contains more than 100 islands, the largest composed of…
Production starts in Block 31
Production began at the end of January from the BP-operated Block 31 in Angola, one of the largest subsea developments in the world. The development will produce from four oil…
Exploration update: Libya, Qatar, Chile, Egypt
Libya: first Success for Sonatrach Source: IHS. Sonatrach’s first well on what is highly prospective acreage has been completed as an oil and gas discovery. Wildcat A1-96/1 is in Area…
Harper basin exposé
The undrilled Harper Basin lies offshore Liberia between the Liberian-Sierra Leone Basin to the north, and the Ivorian/Tano Basin to the south-east. It covers approximately 20,000 km2, extending from shelf…