Page 18 - AfrOil Week 48 2022

AfrOil NEWS IN BRIEF AfrOil

lowering quality or standards.
NCDMB, December 1 2022
AIM-listed Global

Petroleum provides

update on its operations
offshore Namibia

AIM-listed Global Petroleum has provided an
update of its operations in Namibia.
Global has agreed with Searcher Geodata
UK, to sponsor an Environmental Impact
Assessment (EIA) to be managed by Searcher,
ahead of a multi-client 3D seismic data survey
planned by Searcher in the Walvis Basin in 2023.
The area of the EIA sponsored by Global covers a
large section of the Walvis Basin, extending well
beyond the boundaries of Global’s Licence PEL
94.
As previously announced, Global is seeking a
farm-in a partner to fund the further work pro-
gramme in PEL 94. The current commitment is
the acquisition of 2,000 square km of 3D seismic
data.
To shoot 3D seismic would be particularly
interesting in the eastern part of the block, where
it is estimated there are leads with a total of over
2bn barrels of gross best estimate (P50) prospec-
The unveiling ceremony was performed last and Insurance and many others as listed in the tive resources. These leads are currently defined
week by the Executive Secretary of NCDMB, Schedule of NOGICD Act (2010). by a 2D seismic data grid only.
Simbi Kesiye Wabote and he described Sole- Adelana informed that the Board was deter- The existing 3D seismic data coverage over
want Group as a champion of the Local Content mined to improve the patronage of in-country the two prospects, Welwitschia Deep and
policy. manufacturing facilities and had a policy on pro- Marula, has facilitated the calculation of gross
The Content Board chieftain was repre- curement of bare line pipes. best estimate (P50) prospective resources of
sented by the Director, Monitoring and Eval- He enjoined stakeholders of the industry to 881mn barrels in total. Global regards Wel-
uation Directorate, Akintunde Adelana and take cognizance of new capabilities in-country witschia Deep and Marula as drill ready, and if
he expressed delight that Solewant is ready to by allowing contracting and procurement teams a farm-in partner were to agree with this assess-
showcase capacity and competence in their area to visit these facilities to keep themselves abreast ment there would be the option, with the consent
of specialisation. of latest developments in local content. of the Namibian authorities, to proceed directly
“Solewant has shown what can be done in “I implore all stakeholders to continue to to drilling.
steel pipe production and pipe coating solutions position themselves for these opportunities by From a wider Namibian perspective, further
as shown in their plant. Their facility is number investing in capabilities and forming tangible exploration and appraisal drilling is planned by
one. Confidence in ourselves is a major challenge technical alliances and I want to re-assure SOL- Shell and TotalEnergies commencing before the
and Solewant believes it can do it, today they are EWANT and other stakeholders in the industry end of this year.
doing it,” he said. that NCDMB will continue to identify with your According to reports, TotalEnergies will
He pointed out that vendors in the business growth and implement policies that protect your operate 2 wells, the first a re-entry/test of the
of supplying equipment to the Nigerian Oil and investments,” he said. original exploration well, Venus 1x, the second
Gas Industry must comply with the Board’s In his speech, the Managing Director of Sol- an appraisal well, and Shell has contracted a
Equipment Component Manufacturing Initi- ewant Group, Solomon Ewanehi, said his com- 12-month drilling programme, extendable for
ative (ECMI) and obtain the Nigerian Content pany is fully committed to complying with the 6 months.
Equipment Certificate (NCEC) issued by the provisions of the oil and gas industry policy as Peter Hill, Global Petroleum’s CEO, com-
Board. championed by NCDMB. mented: “We are pleased to have agreed to spon-
He further disclosed that the Board houses He said Solewant is helping the country to sor the EIA Survey over a wide area of the Walvis
about 9,000 service companies registered in the unlock its energy resources by increasing its pro- Basin. This follows on from all of the technical
NOGIC-JQS offering diverse services including duction capacity and integrating more Nigerians work which we have previously carried out and
Engineering, Fabrication, Procurement, Drilling in the supply chain. reported in our Licence area. Our intention is to
services, Logistics, Exploration and Seismic ser- Ewanehi added that 95% of the raw materi- ensure that PEL 94 will be fully ready for the next
vices, Installation and Commissioning, Inspec- als in producing steel pipes are sourced locally, stage of operations.”
tion and Testing, Project Management, Finance noting that local production does not amount to Global Petroleum, November 30 2022

P18 www. NEWSBASE .com Week 48 01•December•2022