Exploration

IEA warns of big flow drop from driling ban

THE INTERNATIONAL ENERGY Agency (IEA) estimates an extended global moratorium on new drilling could cut potential world offshore output by 800,000 barrels to 900,000 bpd by 2015.

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Angola output hits 1.7m bpd

Angola's oil production is averaging 1.7 million barrels per day, a level it would like to sustain, Oil Minister Jose Maria Botelho de Vasconcelos said today.

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Algeria lines up licensing round

The new team overseeing Algeria's energy industry will go ahead with an oil and gas licensing round this year, broadly sticking to a plan set out by their predecessors, an energy official said.

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Deepwater appraisal well completed offshore Angola

Maersk Oil has completed drilling a first appraisal well on its deepwater Chissonga discovery offshore Angola.

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Offshore accommodation specialist awards contract for £3.2mn refit

FERGUSON MODULAR, A supplier and manufacturer of offshore accommodation solutions for the energy industry around the world, has awarded a £3.2mn contract for refit and refurbishment work on its new accommodation support vessel.

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