Page 17 - AfrOil Week 50 2020

AfrOil NEWS IN BRIEF AfrOil

UPSTREAM as to Morocco. I would like to personally thank and Tiaret refineries contribute approximately
ONHYM for their significant support over the 100 mbd each.
Chariot Oil & Gas agrees year and we look forward to a highly active 2021 Kanaparthi concludes: “Egypt will be the
that will see us drive the Anchois development third-highest country in Africa to add roughly
key terms on new licence towards near term cashflows.” 120 mbd by 2024 from a planned project, Assiut
II refinery, and expansions of the Alexandria and
Chariot Oil & Gas, December 14 2020
offshore Morocco the Mostorod II refineries.”
GlobalData, December 09 2020
AIM-listed Chariot Oil & Gas, the Africa DOWNSTREAM
focused transition energy company, has nego-
tiated the key terms of a new licence, Rissana GlobalData: Nigeria to SERVICES
Offshore, in Morocco. The formal award of the
licence is anticipated to occur in 2021 and is sub- spearhead African refinery Vroon awarded charter with
ject to the normal Moroccan regulatory proce-
dures and approvals. capacity additions by 2024 Eni on a long-term drilling
A 75% interest and operatorship of the Ris-
sana licence is to be awarded to a wholly owned Nigeria is expected to drive the refinery capacity project off Mozambique
subsidiary of Chariot Oil & Gas in partnership growth in Africa by 2024, contributing around
with the Office National des Hydrocarbures et 71% of the region’s total growth. Nigeria is likely Vroon has been awarded a charter with Eni on a
des Mines (ONHYM), which will hold a 25% to add 1.5mn barrels per day (bpd) of refinery long-term drilling project off Mozambique, with
interest. capacity by 2024, says GlobalData, a leading data platform-supply vessel (PSV) VOS Princess to
Rissana (approximate area 8,476 square km) and analytics company. join sister vessel VOS Principle in support of the
will completely surround the offshore bounda- GlobalData’s report, “Refining Industry drillship SAIPEM 12000.
ries of Chariot’s existing Lixus Offshore Licence Outlook in Africa to 2024,” reveals that refin- Eni’s campaign will resume in the second
(approximate area 2,390 square km), which ing capacity in Africa is expected to increase by half of December, after a suspension due to the
contains the Anchois Gas Discovery, as well as around 55% from 3.7mn bpd in 2020 to 5.8mn COVID-19 pandemic. The project is scheduled
covering the most prospective northern areas bpd by 2024. Of the total capacity additions in to last around seven months.
of the previously held Mohammedia Offshore the region, 2mn bpd is expected to come from VOS Princess and VOS Principle have both
Licence and Kenitra Offshore Licence. A map of planned projects, while the remaining 100,000 completed the necessary special surveys and are
the Rissana licence can be found on the Compa- bpd is likely to come from the expansions of now proceeding to African waters, where they
ny’s website. active/operational projects. will commence work in the coming weeks.
The Mohammedia and Kenitra licences have Amareswari Kanaparthi, Oil and Gas Analyst VOS Princess, under management of VOS
been relinquished by Chariot and ONHYM to at GlobalData, comments: “Nigeria will drive Singapore, had spent the earlier part of this year
allow incorporation of prospective areas already the refinery capacity growth in Africa mostly on an Indian charter, performing supply and
covered by 3D seismic data into the Rissana through new-build projects. The capacity addi- accommodation duties. Her docking and special
licence. Provides material potential running tions [are] mainly from the planned Lagos I pro- survey were conducted in early November at the
room in various plays including the Mio-Plio- ject – one of the biggest upcoming oil refineries Keppel Yard in Singapore.
cene gas play surrounding the Lixus licence and in the world with a capacity of 0.7mn bpd. Along VOS Principle, managed by VOS Genoa, had
on-trend with the Anchois Gas Discovery. with Lagos I, Akwa Ibom III and Mashi are the previously worked for Eni in the region during
Initial minimum licence commitment is the major refineries, accounting for most of the 2019 and 2020. Her docking and special sur-
acquisition of a 2D seismic survey, over a por- capacity additions in the country, with a com- vey were carried out in Italy and Greece, before
tion of the acreage, which will help to evaluate bined total of 1mn bpd by 2024.” departure to Mozambique.
the extension and potential of these gas plays GlobalData expects Algeria to occupy second Vroon, December 13 2020
across Rissana. place in terms of refinery capacity additions in
Adonis Pouroulis, acting CEO, commented: Africa by 2024. Algeria is expected to contribute Norco Group announces
“Whilst 2020 has been a challenging year for roughly 15% of Africa’s capacity growth, add-
many, we believe that Chariot is exiting the year ing around 310,000 bpd of capacity. The entire new maintenance contract
in a very strong position. With the anticipated capacity additions in the country are from the
formal award of the Rissana licence expected three planned refineries – Hassi Messaoud III, with Total E&P Angola
in 2021, we have shown Chariot’s strong com- Biskra and Tiaret. Hassi Messaoud III has a
mitment to both the Anchois gas project as well capacity of 110 mbd, while each of the Biskra Norco Group, an established energy storage
equipment manufacturer and service provider,
will support Uninterruptible Power Supply
(UPS) systems and standby battery equipment
on TEP Angola’s assets in offshore Block 17. This
includes the Dalia, Girassol, Pazflor and CLOV
floating production, storage and off-loading
(FPSO) vessels.
Running for three years with an optional
two-year extension, the contract will see Norco
provide preventative maintenance as well as
emergency fault response.

Week 50 16•December•2020 www. NEWSBASE .com P17