Page 19 - AfrOil Week 27 2022

AfrOil NEWS IN BRIEF AfrOil

business new africa bna/IntelliNews

The workshop featured several presentations market penetration. “We will be the first choice
and panel discussions from representatives of for our customers as we seek to dominate the
the invited agencies and legal luminaries who African energy industry by strategically expand-
proposed various strategies for improving ing our operations and growing market share,”
enforcement and compliance with the Nigerian he continued.
Oil and Gas Industry Content Development Eterna plc, based in Lagos, manufactures and
(NOGICD) Act. markets lubricants and chemicals for both retail
NCDMB, July 1 2022 and industrial customers. It is the sole licensee
for all Castrol products in Nigeria and the rest
of West Africa.
PROJECTS & COMPANIES LPG is becoming an increasingly popular fuel
in Nigeria, partly as a result of the government’s
SDX Energy reports on promotion of gas-based fuels as a cleaner and
safer alternative to traditional biomass fuels for
spudding of MSD-23 home cooking and power.
bna/IntelliNews, July 5 2022
infill development well Tanzania announces

at Meseda field Partner Pharaonic Petroleum Co for the 3D seis-
mic imaging of the first OBN survey ever con-
SDX Energy reports that the MSD-23 infill ducted in the Nile delta covering the Atoll and oil discoveries in
development well has been spudded at the Atoll North fields. Wembere-Eyasi basin
Meseda Field, located within the West Gharib CGG will apply its unique high-end OBS &
concession. The company has a 50% non-oper- FWI imaging technologies, expertise and spe- Tanzania’s national oil company (NOC) has
ated interest in the onshore concession, which is cialised HPC from its UK and Cairo imaging seen clear signs of crude oil in exploration wells
in Egypt’s Eastern Desert. centres to deliver the highest-quality 3D seismic drilled in the Wembere-Eyasi basin, The Citizen
MSD-23, which was spudded on June 24, is images of pre-Messinian targets with greater reported on July 4.
targeting the primary Asl Formation reservoir velocity model detail, image bandwidth and According to James Mataragio, the man-
at around 4,000 feet (1,219 metres) measured AVO reliability for improved field development aging director of state-owned Tanzania Petro-
depth. It is the fifth well in a fully funded, 13-well planning and near-field exploration. leum Development Corp. (TPDC), the wells
development campaign at the Meseda and Rabul Peter Whiting, EVP, Geoscience, CGG, said: drilled thus far indicate that the onshore basin
oilfields in West Gharib, SDX Energy noted in a “This new 3D OBN imaging project is the first is well-endowed with hydrocarbons. He did not
statement. of its kind in the Nile Delta. With our in-depth reveal the exact results of recent drilling projects
The fourth well drilled in the campaign, geological knowledge of the region, based on but said that geological mapping was underway
MSD-24, has already been connected to facili- our 35-year operating experience in Egypt, and along the entire stretch of the Wembere-Eyasi
ties and is currently producing at a gross rate of our industry-leading OBS imaging technology, basin, which has long been a key target for oil
around 300 barrels per day (bpd), in line with I have every confidence in CGG’s ability to over- exploration.
pre-drill estimates. Operations at the third well, come the seismic imaging challenges in this area “Prospecting will continue, but signs of oil
MSD-20, are continuing, the company said in its and deliver the best possible subsurface insight presence are there,” Mataragio stated. “I have
statement. to BP and joint-venture partners at Atoll.” directed the board to leave no stone unturned
The development drilling campaign is CGG, July 5 2022 to transform this key component of the energy
designed to bring production levels up to 3,500- sector.”
4,000 bpd by mid-2023. Nigeria: Eterna promises No information was available on the next
SDX is a UK-based oil and gas exploration, steps of the exploration campaign.
production and development company with a to “deliver value” by TPDC had announced in October 2019
principal focus on MENA. In Egypt, SDX has that it was planning to invest up to TZS2bn
a working interest in several producing assets: investing in LPG ($858,000) on oil exploration projects within
a 36.9% operated interest in the South Disouq a 19,197-square km section of the corridor. Its
and Ibn Yunus gas fields, a 67% operated interest Eterna plc, a Nigerian manufacturer and distrib- exploration programme provided for the drilling
in the Ibn Yunus North gas field in the Nile Delta utor of lubricants and chemicals, revealed at its of three wells, each 300 metres deep, at Iramba
and a 50% non-operated interest in the West 29th annual general meeting (AGM) in June that village in Singida region, Kining’inila village
Gharib concession, which is located onshore in it intends to invest in LPG. in Igunga district and Meatu village in Simiyu
the Eastern Desert, adjacent to the Gulf of Suez. Addressing shareholders at the AGM, the region.
bna/IntelliNews, July 4 2022 company’s chairman Dr. Gabriel Ogbechie said Tanzania first undertook oil exploration in
that the company aims to be Africa’s preferred the 1950s. Since then 23, deep test wells have
CGG awarded industry-first energy company. “We will continue to focus on been drilled and more than 30,000 line-km
of seismic data collected. More than 116,580
delivering value to our shareholders as we con-
3D OBN Nile Delta imaging tinue to drive the growth and profitability of our square km of the country have been assigned to
investors under 16 exploration and development
business,” he said.
contract by BP to making investments in LPG and would incre- covered by potential petroleum basins.
Ogbechie noted that Eterna was committed licences, representing about 55% of the total area
CGG has been awarded a project by BP and JV mentally set up the necessary infrastructure for bna/IntelliNews, July 5 2022

Week 27 06•July•2022 www. NEWSBASE .com P19