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One Day – One Country: Northern Gulf of Guinea

Ghana – Nigeria Key Projects and Business Highlights

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Around the Gulf of Guinea, Ghana and Nigeria appeared as the most active countries during the first half 2013 with upstream and downstream projects led by international and national companies such as Anadarko Petroleum (Anadarko), Eni, Ghana National Petroleum Corporation (GNPC), Kosmos Energy (Kosmos)Lekoil Ltd (Lekoil), Sabre Oil and Gas (Sabre), TotalTullow Oil plc (Tullow), Vitol.

Ghana_Offshore_Exploration_MapIn addition to there offshore and onshore projects, these countries as many others on the West Africa are developing local regulations to favor the local content.

After number of adjustments Nigeria is currently well in progress regarding its local content policy with the first world-class floating, production, storage and offloading (FPSO) vessel to be built by  Samsung Heavy Industries (Samsung) in Nigeria.

Ghana is still progressing along the learning curve of this sensitive topic balancing between the political intention to maximize the local content and the pragmatism to speed up the oil and gas exploration and production activities. 

Modec and SBM in competitive FEED for Tullow TEN

Tullow_Ghana_TEN_FPSO_Spread_Mooring_SystemThe UK-based Tullow Oil plc (Tullow) and its partners Kosmos Energy (Kosmos) fromUSAAnadarko Petroleum (Anadarko) from USASabre Oil and Gas (Sabre) fromUSA, and the local Ghana National Petroleum Corporation (GNPC) are approaching the time for decision on the design contest between Modec and SBM for the TEN FPSO project offshore Ghana.

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Eni discoveries trigger debate on Ghana localization

Ghana_Offshore_Local_Content_RegulationIn September 2012, the Italian national oil company Eni and its partners, Vitol from The Netherlands and the Ghana National Petroleum Corporation (GNPC), made the first oil discovery in the Offshore Cape Three Point (OCPT) block in the Tano Basin about 50 kilometers offshore Ghana.

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Lekoil to replace Panoro in Nigeria Aje offshore project

Chevron_YFP_Aje_FPSO_Nigeria_Block-113The local junior company Lekoil Ltd (Lekoil) signed a Sales and Purchase Agreement (SPA) with Panoro Energy (Panoro) from Norway to acquire its stake of the Aje project in the Oil Mining Lease 113 (OML 113).

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Samsung to build the world largest FPSO in Nigeria

Samsung_Bonga_FPSOIn June 2013Samsung Heavy Industries Upstream Nigeria converted a letter of appointment (LOA) into firm signed contract with Total Upstream Petroleum Nigeria (TUPNI) for the construction of the world ever largest floating, production, storage and offloading (FPSO) vessel in Nigeria.

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Nigeria to rebuild refining capacities

NPCC_Nigeria_refineryThe Nigerian billionaire Aliko Dangote announced its project to build a greenfield new refinery in Nigeria in order to compensate current imports.

Nigeria is the largest crude oil producer in Africa …

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For more information and data about oil and gas and petrochemical projects go to Project Smart Explorer

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