Brazil: TGS, CGG in Foz do Amazonas 3D Survey
contemporaneous with the Guyana Basin petroleum system. Basin model studies predict a mature Early Cretaceous petroleum system with extensive regional reservoir distribution. The nearby Zaedyus discovery in French Guiana and the Narina and Venus wildcat discoveries on the conjugate margins of Liberia and Sierra Leone support resource potential in the Foz do Amazonas Basin, the companies said.Early-out PSDM products will be available in Q4 2023, with final products available from Q3 2024.The project is supported by industry funding
Ebola Fears Hit the Maritime Market
procedures as Ebola fears spread Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus. Ebola has killed more than 3,400 people in Guinea, Sierra Leone and Liberia, and its spread has become a global concern -- with worries for trade, which could affect the airline and tourism industries together with seaborne activity. The virus is already threatening to disrupt logistics activity in West Africa and has already rattled commodities and mining markets as
Chevron Needs 2.5 Years to Decide on Morocco Prospects
the opportunity to be in an explored large area. It is with high risk, but with a high potential," Atallah said. "It is always a good thing to be in an explored area," he added. "We are making significant exploration investments here in Morocco, similar to what are we doing in Liberia and Sierra Leone," Atallah said. He declined however to say how much the company expects to spend in the two first years. Morocco has awarded dozens of permits to oil companies in the past few years, helped by its relative stability compared with other North African countries and by increasing
Nigeria Offshore Drilling Expenditure Surges
by Egypt with total of $1.52 billion. Drilling outlay is expected to grow across all major nations in the region, with those in West Africa leading in terms of exploration activity. Escalating activity in countries relatively new to the offshore drilling industry, such as Sierra Leone and Liberia, may prove to be future competition for the more established nations of West Africa, according to BusinessDay. Source: BusinesDay
Seadrill Ultra-deepwater Newbuilding Contracted to Chevron
unit 'West Tellus'. The company has signed a contract with Chevron China Energy Company for the newbuild ultra-deepwater drillship West Tellus in support of Chevron's affiliated global exploration program. The contract commences in China immediately upon shipyard delivery and thereafter relocates to Liberia. The agreement is for a period of 180 days with revenue potential of approximately US$150-million inclusive of bonus potential and mobilization. Additionally, Seadrill say they are currently engaged in advanced discussions with a major oil company for a multi-year contract commencing in direct
Seismic Survey Offshore Liberia: 'Polarcus Asima' Starts Work
Norwegian-based company, TGS, commences 3D multi-client seismic survey offshore Liberia with chartered ''Polarcus Asima' TGS has commenced acquisition of a 3D multi-client survey, Sunfish, which covers up to 7,800 km2 of highly prospective acreage in the Harper Basin, offshore Liberia. "This survey provides excellent data coverage for the source prone, syn-rift and early post-rift sequences, in this highly prospective area offshore Liberia. TGS has been active in acquiring data over the West Africa Transform margin for the past decade and this survey demonstrates TGS' ongoing commitment
February 2024
