Oil Review Africa 5 2013

Page 38

Geology

S09 ORA 5 2013 Gas_Layout 1 22/10/2013 16:02 Page 38

Fugro wins $26mn survey contract from Total for work off Angola FUGRO HAS BEEN awarded a large three-year survey contract recently by Total E&P Angola, with an estimated value of US$26mn, to support its development programmes offshore Angola. The contract includes the provision of offshore positioning services and accurate navigation systems for Total E&P Angola’s drilling units, vessels and structures, together with onshore and offshore survey services. This contract is a continuation of services supplied to Total E&P Angola under a similar contract since 2008. The contract is one of the building blocks for the continued development and further investment into Fugro’s activities in Angola.

38 Oil Review Africa Issue Five 2013

Global to renew project off Madagascar GLOBAL PETROLEUM HAS filed an application to renew the large 4,500 sq km Juan de Nova Est permit in French overseas territory, north-west of Madagascar in the Mozambique channel. Global's seismic review of the area indicates a thick stratigraphic section in deep water in both the northern and southern triangles of

the block, justifying renewal. Under the terms of the existing permit, joint venture partner Wessex Exploration maintained operatorship and 70 per cent equity. Global holds full legal interest in the permit through subsidiary Jupiter Petroleum Juan de Nova, which has applied for renewal as

100 per cent interest holder, with operatorship, over a five year term. Alongside the permit renewal application, a new joint venture agreement has been signed with Wessex giving Wessex the right to apply to relevant French authorities to take legal title to 50 per cent working interest, in the event of approval.

South Africa opens geoscience complex PETROSA HAS BECOME the first company to establish what it terms a “state-of-the-art” geoscience collaboration, visualisation and technology centre in South Africa. The US$1.45mn Ulwazi (Knowledge) Collaboration and Visualisation Centre presents seismic and geological data in detailed, 3D views of subsurface formations. All disciplines of PetroSA’s upstream asset teams use the facility to assist exploration and development of oil and gas prospects. The Ulwazi complex will be used on a daily basis to monitor and guide drilling operations for

PetroSA’s Project Ikhwezi, an initiative to secure additional feedstock reserves from South Africa’s southern offshore gas fields to sustain the Mossel Bay Gas-To-Liquids (GTL) refinery. Nosizwe Nokwe-Macamo, PetroSA Group CEO, said: “Collaboration between our multidisciplinary sub-surface teams in Ulwazi furthers our understanding and description of geological structures and reservoirs which lead to improved decision making in areas such as well placement, field development planning, and reserves estimates.”

www.oilreviewafrica.com


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.