Africa is witnessing a significant growth in the offshore drilling segment and the recent play-opening discoveries echo that too, featured the latest issue of Oil Review Africa
According to ResearchAndMarkets report, Africa’s deepwater drilling is significantly growing and companies are spending on new drilling activities in this high reward continent. Many countries are offering deepwater and ultra-deepwater blocks in their upcoming bidding rounds.
These include South Sudan, which launched the country’s first-ever oil and gas licensing round at its new and existing blocks. In Nigeria, an FID is very soon expected on the Bonga South West deepwater project. Shelf Drilling plans five wells for the Baltic jack-up rig with Total E&P Nigeria – a contract estimated to be 380 days, plus additional option period.
North Africa is showing growth in drilling too. SDX Energy has successfully completed the initial three-well phase of its 2021 drilling campaign in Morocco, which will comprise up to a total of five wells over the year.
Maersk Drilling also won a one-well contract from PC Gabon Upstream SA for the provision of a deepwater drillship rig that will be employed to drill an ultradeepwater exploration well at approximately 2,100-metre water depth in Block F13 offshore Gabon. Additionally, the bulk of drilling is expected to continue to target deepwater and pre-salt prospects, spearheaded by industry giants, such as Chevron, BP, Eni, ExxonMobil, Statoil and Total, along with national oil company Sonangol.
Read the full report in the latest issue of Oil Review Africa