Page 16 - AfrOil Week 04 2021
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AfrOil                                       NEWS IN BRIEF                                             AfrOil








       As announced on December 7, 2020, gross   Paul Griffiths, CEO of Predator Oil & Gas  Establish the nature of the shallow soils, within
       audited Best Estimate recoverable prospective  Holdings, commented: “Guercif drilling plans  the top 5 metres and to a depth of >20-25 metres;
       gas resources for Miocene targets identified  are targeting Q2 2021 for the execution of a  Acquire deep CPT data >20 metres at two loca-
       in the core area to be tested by MOU-1, all less  potentially transformational exploration well  tions; Acquire representative data at nominal
       than 10 km from the Maghreb gas pipeline, has  coinciding with a time when the potential to  proposed Relief Well Locations (RWL); Recon-
       increased to 819 bcf (23.2 bcm). This repre-  establish a pivotal position in the Moroccan gas  naissance of existing platforms and along pro-
       sents an increase of 92% over the previous SLR  market has never been stronger.”  posed routes (single lines).
       Consulting (Ireland) Ltd. audited prospective   Predator Oil & Gas, January 20 2021  In addition to a site survey, TDI-Brooks com-
       resources.                                                               pleted gCPT measurements at two proposed
         High Estimate gross prospective recovera-                              drill sites. The purpose of the TDI-Brooks Grav-
       ble gas has increased to 1.823 trillion cubic feet   SERVICES            ity CPT (gCPT) tool is to transport a precisely
       (51.6bn cubic metres).                                                   calibrated memory cone penetrometer down to
         Guercif offers the only near-term drilling   TDI-Brooks International   the seabed to gather dynamic PCPT cone data
       activity with a rig in-country capable of exploit-                       from the mud line to 10+ metres BML. In addi-
       ing the commercial opportunity offered by the   completes geophysical and   tion to its 1,800-pound (820-kg) driving head
       wider Moroccan gas market, given the existence                           with lifting bale and trigger, the rig comprises
       of material gas prospects, the easy access to infra-  geotechnical campaign off   a self-contained PCPT cone penetrometer that
       structure, and the potentially low and managea-                          measures tip resistance (qc), sleeve friction (fs),
       ble development costs defined by cheap drilling   Equatorial Guinea      and pore pressure (u2) using standard ASTM
       and minimal gas processing requirements.                                 dimensions and protocols for its 15-square cm
         Guercif project economics compare favour-  TDI-Brooks International has completed a geo-  cone.
       ably with those for recent gas discoveries and  physical and geotechnical (G&G) campaign   TDI-Brooks provides laboratory analysis
       planned gas developments onshore Trinidad, a  for Trident Equatorial Guinea off the coast of  on sediment samples via their state-of-the-art
       jurisdiction that the Company is very familiar  Equatorial Guinea in the Elon Field. The site  laboratory facility in College Station, Texas.
       with. Based on realising the maximum potential  survey work was performed off the R/V Pro-  The company’s environmental, geochemi-
       of the industrial market for gas in Morocco, 1 bcf  teus, a research vessel owned and operated by  cal, and geotechnical laboratories all provide
       (28.3mn cubic metres) of gas in Morocco is val-  TDI-Brooks.             high-quality analytical services and scientific
       ued at up to 10 times the equivalent value of 1 bcf   The goal was to assess seabed conditions  interpretation.
       (28.3 mcm) of gas onshore Trinidad.This reflects  prior to the emplacement of a drilling rig at   TDI-Brooks International, January 25 2021
       gas prices paid by private industry in Morocco  three proposed locations (previously drilled)
       up to five times those prices paid by State utilities  together with reconnaissance survey work at   Subsea 7 wins contract
       for Trinidad gas; no taxation on operating profits  two additional platforms and along a number of
       for 10 years in Morocco; and lower capital and  proposed cable/pipeline routes.  from CABGOC for SLGC
       operating costs. Guercif gas is expected to be dry   Survey objectives included the following:
       gas whereas recent Trinidad gas discoveries are  Undertake a Debris Clearance Survey (DCS)   project at shallow-water
       rich in liquids and therefore have a significantly  at each of the locations; Identify and establish
       higher CO2 emissions footprint.     areal nature of the previous spud can footprints;   site offshore Angola

                                                                                Subsea 7 has announced the award of a sub-
                                                                                stantial contract by Cabinda Gulf Oil Company
                                                                                (CABGOC). The contract is for the Sanha Lean
                                                                                Gas Connection (SLGC) project, comprising
                                                                                the construction and installation of the Lean
                                                                                Gas Platform (LGP) system in Block-0 offshore
                                                                                Angola, at a water depth of approximately 70
                                                                                metres.
                                                                                  Project management and engineering will be
                                                                                performed from Subsea 7’s offices in Paris and
                                                                                Lisbon. Fabrication will take place at Sonamet’s
                                                                                yard in Lobito, Angola, from 2021 to 2022, while
                                                                                offshore operations will occur from 2022 and
                                                                                2023.
                                                                                  Gilles Lafaye, Senior Vice President Africa,
                                                                                Middle East and Caspian Region, says:”We are
                                                                                delighted to have been awarded this contract
                                                                                by CABGOC, following a public tender. This is
                                                                                the result of a long-term collaboration with the
                                                                                client and a track record of delivering successful
                                                                                projects. The project reinforces Subsea 7’s pres-
                                                                                ence in Angola and our commitment to support
                                                                                Africa’s energy industry.”
                                                                                Subsea 7, January 21 2021


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