FMC TECHNOLOGIES HAS signed an agreement with Total Exploration & Production Angola for the manufacture and supply of subsea production equipment to support the Girassol Resource Initiative (GirRI) project. The award has a value of approximately US$80mn in revenue to FMC Technologies. The GirRI project has now reached a cumulative value of approximately $180mn in revenue to FMC.p style="margin-bottom: 0cm;">FMC TECHNOLOGIES HAS signed an agreement with Total Exploration & Production Angola for the manufacture and supply of subsea production equipment to support the Girassol Resource Initiative (GirRI) project. The award has a value of approximately US$80mn in revenue to FMC Technologies. The GirRI project has now reached a cumulative value of approximately $180mn in revenue to FMC.
Exploration
Eni to operate Angola pre-salt block
ENI HAS WON an international tender to operate Block 35 in deep-water offshore Angola as it pushes to expand on its core African market and boost deep-water development.p style="margin-bottom: 0cm;">ENI HAS WON an international tender to operate Block 35 in deep-water offshore Angola as it pushes to expand on its core African market and boost deep-water development.
Statoil bags Angola awards
STATOIL HAS CONFIRMED that it has been awarded operatorships and participation interests in a total of five ultra-deepwater blocks in Angola’s frontier pre-salt play.p style="margin-bottom: 0cm;">STATOIL HAS CONFIRMED that it has been awarded operatorships and participation interests in a total of five ultra-deepwater blocks in Angola’s frontier pre-salt play.
Algeria well delivers for Petroceltic
INDEPENDENT EXPLORER PETROCELTIC International has hit a 155 m gross gas column during drilling of the AT-4 well in the Illizi basin in Algeria.p style="margin-bottom: 0cm;">INDEPENDENT EXPLORER PETROCELTIC International has hit a 155 m gross gas column during drilling of the AT-4 well in the Illizi basin in Algeria.
Afren to boost output
AFRICA-FOCUSED OIL player Afren aims to increase its average production this year to 40,000 boepd, with an exit rate of 55,000 boepd, from about 14,320 boepd in 2010.p style="margin-bottom: 0cm;">AFRICA-FOCUSED OIL player Afren aims to increase its average production this year to 40,000 boepd, with an exit rate of 55,000 boepd, from about 14,320 boepd in 2010.