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The Borr Norve jack-up rig was utilised to drill a target area located approximately 3.2 kms west-northwest of the MaBoMo. (Image source: Adobe Stock)

Exploration

BW Energy has confirmed increase in reserve estimates following the presence of good quality reservoir in DHBSM-2P pilot well in the northern end of the Hibiscus South deposit

Drilled from the MaBoMo production platform to a total depth of 5,130 m, BW aims to acheive well completion of DHBSM-2P by the end of 2024.

The Borr Norve jack-up rig was utilised to drill a target area located approximately 3.2 kms west-northwest of the MaBoMo.

Evaluation of logging data, sample examination and formation pressure measurements confirm approximately 25 metres of pay in an overall hydrocarbon column of 35 metres in the Gamba formation.

The well data provides additional confirmation that the Hibiscus South structure is a separate accumulation with a deeper oil-water contact than the nearby Hibiscus Field. This will enable the company to book additional reserves not currently included in its annual statement of reserves and provide the opportunity to drill one or more additional production wells from the MaBoMo facility.

“We continue to increase the production and reserve base through low-cost and low-risk development activity in line with BW Energy’s strategy,” said Carl K. Arnet CEO of BW Energy. “The Hibiscus South pilot well is another confirmation of the significant potential of the Dussafu licence which holds multiple additional prospects.”

Preliminary evaluation indicates gross recoverable reserves of 5 to 6 million barrels of oil and approximately 14 million barrels of oil in place.

Encouraging imaging in the pre-Messinian section is already apparent in this pseudo relief image from the early-out KPSDM full stack volume through Merneith & Luxor MC3D. (Image source: PGS)

Geology & Geophysics

PGS has announced that early-out data is now available for the EGY23 Merneith & Luxor MultiClient programme 

TPCs have been challenging traditional steel pipes by offering a light, ductile, spoolable and corrosion-free solution for transportation of liquids and gases. (Image source: Adobe Stock)

Technology

DNV, the global independent energy expert and assurance provider, is pleased to announce the release of its latest standard, DNV-ST-F207 for hybrid thermoplastic composite flexible pipes (TCPs), which addresses the challenges faced by conventional risers in deepwater applications, where high top tension and corrosive environments are common

TPCs have been challenging traditional steel pipes in the last decade by offering a light, ductile, spoolable and corrosion-free solution for transportation of liquids and gases.

The primary objective of the DNV-ST-F207 standard is to facilitate the integration of innovative technologies, such as carbon fiber armor, into flexible riser designs. By qualifying these technologies and ensuring their adherence to recognized international standards, specifically API Spec 17J and DNV-ST-F119, DNV aims to enhance the safety, efficiency, and sustainability of deepwater projects. The new standard merges different design methods (Working Stress Design and Load and Resistance Factor Design or partial safety factor) into a unified approach. Through this consolidated method, components are made to withstand different kinds of stresses, and extensive tests will ensure they meet safety standards under specific conditions.

"Overall, this initiative reflects a commitment to advancing technology in the offshore industry, ensuring the highest standards of safety, efficiency, and sustainability in deepwater projects thanks to our expertise and the dedication of our global teams of specialized experts," said Prajeev Rasiah, Executive Vice President & Regional Director Northern Europe, Energy Systems at DNV.

The implementation of the DNV-ST-F207 standard is expected to have significant consequences for deepwater projects: by incorporating carbon fiber armor elements, risers will become lighter, resulting in lower top tension, and this innovative solution provides a more sustainable and reliable option for deepwater applications. Furthermore, carbon fiber exhibits superior resistance to degradation in aggressive environments, showcasing excellent fatigue performance.

DNV's release of the DNV-ST-F207 standard marks a significant milestone in the offshore industry's pursuit of technological advancements for a more sustainable future. 

The facility will switch to natural gas operation when the natural gas pipeline will be commissioned. (Image source: Wärtsilä)

Gas

Technology group Wärtsilä has signed a 10-year Operations and Maintenance (O&M) Agreement for a captive power plant providing the energy for a Nigerian cement producing facility.

The new cement plant is owned by Mangal Industries and is located in Kogi State, Nigeria. The order was booked by Wärtsilä in Q2, 2024.

The power plant is critical to the facility’s cement production since the site is remotely located with limited access to the electricity grid. It operates with five Wärtsilä 34DF dual-fuel engines delivering an output of 50 MW. The O&M agreement is designed to ensure that the facility can reliably maintain its cement production target of three million metric tons per year.

“We are reliant on the power plant for our operations. This is why we have opted to take advantage of Wärtsilä’s depth of experience and know-how to run and maintain the power plant. Not only will the agreement provide the assured reliability we need, but it also gives us cost predictability,” said Fahad Mangal, Managing Director, Mangal Industries Limited.

The ten-year agreement starts immediately as the facility commences operations in Q2, 2024, running on liquid fuel initially. The facility will switch to natural gas operation when the natural gas pipeline will be commissioned. The power plant’s dual-fuel engines can be operated both on liquid fuel and natural gas and could be converted to operate with future low- or zero-carbon fuels when they become available.

“Wärtsilä now has more than 400 MW of installed capacity for the cement industry in Nigeria, and we are operating three captive power plants in three different states. This successful track record clearly indicates our capabilities and highlights the added value we can deliver to our customers through our experience and expertise in supporting their operations,” comments Patrick Borstner, Director, Operations Africa at Wärtsilä Energy.

Nigeria has an increasing demand for cement for its many infrastructure projects, and there has been a domestic supply gap. With this new plant, Mangal will partly address this issue.

Independent Petroleum Marketers Association of Nigeria will acquire diesel at US$0.96 per l. (Image source: Adobe Stock)

Downstream

The US$20bn, 650,000-bpd Dangote Refinery in Nigeria has completed its first shipment of diesel and jet fuel to the local market since it started production in January 

The presentation will be led by NUPRC CEO Engr. Gbenga Komolafe among others. (Image source: Energy Capital & Power)

Event News

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will showcase its 2024 licensing round at a dedicated “Invest in Nigeria” session at the Invest in African Energy forum in Paris next week 

Responsible for the technical and commercial regulation of upstream petroleum operations in Nigeria, the Commission will unveil its energy development strategy for 2024, including its latest licensing round launched earlier this month. The deadline for the bid round closes on January 2025 and round features 12 oil blocks – along with five deep offshore blocks from last year’s round – and a mix of greenfield, offshore and onshore assets. Nigeria is seeking to attract local and international explorers to its acreage, with a view to increasing its reserve base, maximizing production and boosting energy security.

The presentation will be led by NUPRC CEO Engr. Gbenga Komolafe and Executive Commissioner, Exploration & Acreage Management, Indabawa Bashari Alka, and is part of a broader session promoting Nigeria’s latest energy sector developments. In a bid to attract new investment, the Commission is seeking to establish a business-friendly environment by ensuring regulatory certainty and removing barriers to entry within Nigeria’s upstream industry. The upcoming forum represents a strategic opportunity for investors to participate in Nigeria’s energy revolution, as the country targets up to $7.6 billion in upstream investments to restore production to 2.1 million barrels per day.

“The IAE forum is the premier platform where investors can access Africa’s leading investment opportunities – including licensing rounds and farm-in opportunities – and engage directly with African regulators. Criteria for Nigeria’s latest bid round will be unpacked during the session, along with additional opportunities in oil and gas exploration, LNG, refining and more,” says Sandra Jeque, Event & Project Director at Energy Capital & Power.

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