The partners are now focusing on a comprehensive analysis of the well results. (Image source: Adobe Stock)

The Marula-1X drilling operation on Block 2913B (PEL 56) offshore Namibia has been drilled to a total depth of 6,460 m (measured depth)

While the Albian aged sandstones within the Marula fan complex was targetted during the drilling campaign, there were no hydrocarbons found, eliminating the need for a drill stem test. 

This, however, is the same block that housed the site confirming the Venus light oil discovery. The drilling took place approximately 47 km south of the Venus-1X well for which the Deepsea Mira semi-submersible drilling rig was deployed. 

Exploring geological plays

The partners are now focusing on a comprehensive analysis of the well results.

Impact has a 9.5% interest in Blocks 2912 and 2913B in Namibia’s Orange Basin. Africa Oil through its 39.5% interest in Impact, has an effective interest of approximately 3.8% in these blocks. 

Africa Oil President and CEO, Roger Tucker, said, "The farm down agreement between Impact and TotalEnergies that completed last year, provides full carry of Impact’s exploration and development costs on Blocks 2912 and 2913B through to first commercial production from these blocks. This presents us with an attractive opportunity set to test different geological plays on these blocks at no upfront cost."

Scatec is targetting to reach financial close over the next 12 months. (Image source: Scatec ASA)

Renewable energy solutions provider, Scatec ASA, has signed a 25-year US$-denominated corporate power purchase agreement (PPA) with Egypt Aluminium for a 1.1 GW Solar PV + 100 MW/200MWh BESS project in Egypt backed by a sovereign guarantee.

Egypt Aluminium exports approximately 60% of its production to Europe. This solar PV + BESS project will be instrumental for Egypt Aluminium’s ambition to decarbonise its aluminium production, and to meet EU’s Carbon Border Adjustment Mechanism (CBAM) requirements which will be introduced in 2026.

The key next steps for the project are to work with the relevant authorities to allocate land, finalise grid connection and secure financing, and Scatec targets to reach financial close and start construction within the next 12 months.

“This is another testament to Scatec’s position as one of the leading renewables companies in Egypt. It is a groundbreaking project as it is the first utility scale PPA in the country with an industrial offtaker. I would like to thank all parties involved for making this happen, especially our partners at Egypt Aluminium. Further, our team has shown great persistence and creativity in securing this agreement and bringing new solutions to the market,” said Scatec CEO Terje Pilskog.

The estimated total capital expenditure for the solar PV + BESS project is approximately USD 650 million which will be funded by approximately 80% non-recourse project debt, and the remainder by equity from Scatec and partners. Scatec owns 100% of the project but is targeting to reduce its long-term economic interest by inviting additional equity partners. Scatec will be the designated EPC service provider, with an EPC share of approximately 90% of total capex, as well as asset manager (AM) and operations and maintenance (O&M) service provider.

The report provides expert insights to help oil and gas professionals navigate digital transformation with confidence. (Image source: DataPARC)

A new report from dataPARC, produced in association with Oil Review Middle East, provides essential guidance to help oil and gas professionals navigate the industrial analytics landscape with confidence

Industrial analytics are transforming operations in the oil and gas sector, providing actionable insights to enhance operational efficiency and facilitate better and faster decision-making. The market is constantly evolving, with AI and machine learning are ushering in a new era of predictive and prescriptive solutions, automation and autonomous operations, and AI tools increasingly taking on a lot of the heavy lifting.

With many players in the industrial analytics space, companies looking to migrate from legacy systems, or looking to upgrade their capabilities, will need to take a number of factors into account when selecting a new system, from ease of integration and conversion to advanced analytics capabilities and licensing.

This report provides guidance on selecting a new platform, identifying the criteria that need to be taken into consideration and the main features that should be looked for. It highlights the strengths of the dataPARC platform, and gives real-world examples of how industrial analytics are transforming operations in the oil and gas sector, through illustrative case studies.

Whether you're looking to replace legacy tools such as ProcessBook or explore AI-powered analytics, this report delivers the strategies, comparisons, and case studies you need to move forward.

Why download the report?

• A clear roadmap for smarter industrial analytics
• Real-world success stories from oil & gas operations
• Actionable insights for IT/OT leaders
• Expert guidance from a proven global provider

Don’t miss this opportunity to lead your organisation toward greater operational efficiency.

Download the report now and start driving meaningful change with dataPARC.

Bourdon is located approximately 15 kilometres west of FPSO BW Adolo. (Image source: BW Energy)

Recoverable barrels of oil from a well in the Bourdon prospect in the Dussafu Licence offshore Gabon have successfully surpassed millions following drilling 

The second sidetrack DBM-1 ST2 well that has been drilled by the Norve jack-up rig for BW Energy has revealed 56 million barrels oil estimates in place. Of these, approximately 25 million barrels are considered recoverable. 

Confirming the substantial oil discovery with good reservoir and fluid quality, Carl K Arnet, CEO of BW Energy, said, “The appraisal well confirms the potential for establishing a new development cluster with a production facility following the MaBoMo blueprint. We expect at least four producing wells.” 

“We continue to successfully expand the Dussafu reserve base which, together with multiple additional prospects yet to be drilled, will support long-term production and value-creation in Gabon.”

Surpassing expectations

Initial data shows that oil from Bourdon field has the lowest viscosity of the Dussafu discoveries measuring an average of 3.5 centipoise (cp), compared to 5 cp and 7 cp for the Hibiscus / Tortue and Ruche fields, respectively.

Evaluation of logging data and formation pressure measurements confirm approximately 11.2 metres of pay in an overall hydrocarbon column of 35.2 metres in the Gamba formation, drilled to a depth of 4,731 metres.

Bourdon is located approximately 15 kilometres west of FPSO BW Adolo and 7.5 kilometres southeast of the MaBoMo facility. The discovery will enable the Company to book additional reserves not included in its 2024 Statement of Reserves.