Page 19 - AfrOil Week 17 2022

AfrOil NEWS IN BRIEF AfrOil

business new africa bna/IntelliNews

PROJECTS & COMPANIES Accugas currently supplies up to 35 mcf per Total contract value for the firm portion of
day of gas to FIPL’s Afam power plant. Under the contract is expected to be approximately
SDX Energy spuds SD-12 the terms of the addendum, FIPL will be able $161mn (inclusive of mobilisation revenue and
to increase the quantity of gas purchased from additional services), with further meaningful
appraisal well at South Accugas to up to 65 mcf per day so as to also sup- revenue potential from a performance bonus.
ply the Trans Amadi and Eleme power plants, in Commencement is expected in Q4-2022 with
Disouq concession in Egypt addition to its Afam power plant. FIPL’s power a firm-term of approximately 18 months, in
plants have a total generation capacity of 391 direct continuation of the West Gemini’s exist-
MENA-focused SDX Energy has announced the MW, with the Trans Amadi and Eleme plants ing contract.
spudding of the SD-12 appraisal well targeting having generation capacities of 136 MW and 75 The West Gemini is the third drillship to
additional gas reserves to the east of the SD-1X MW, respectively. All three plants are located in be bareboat-chartered into Sonadrill, along
discovery well on the Sobhi field located in the Rivers State. with two Sonangol-owned units, the Sonangol
Ibn Yunus North development lease in the South FIPL is an affiliate company of the Sahara Quenguela and Sonangol Libongos. Seadrill
Disouq concession in Egypt. SD-12 East spud- Group, a leading international energy and infra- will manage and operate the units on behalf of
ded on 16 April, 2022 and is expected to reach structure conglomerate with operations in over Sonadrill. The West Gemini is an ultra-deepwa-
total depth in approximately three weeks. It is 42 countries across Africa, the Middle East, ter drillship with an operational history offshore
thought to have an 80% chance of success. Europe and Asia. Africa. Together, the three units position the
SD-12 East is the second of three wells to Andrew Knott, CEO of Savannah Energy, Seadrill joint venture as the premier rig opera-
be drilled in the South Disouq area during said: “Accugas has recorded growth in Total Rev- tor in Angola, furthering the goal of building an
2022. The third well in the campaign will be enues from gas sales for each of the last five years, ultra-deepwater franchise in the Golden Trian-
the MA-1X well (Mohsen). The Mohsen well is with a realised CAGR of 15%. New contracts, gle and driving efficiencies from rig clustering
planned to spud mid-to-late May such as this morning’s announcement provide in the region.
SDX is a small oil and gas exploration, pro- the basis for us to continue this growth into the Seadrill’s CEO Simon Johnson commented:
duction and development player. It has a work- future and we look forward to continue working “Our strategic partnership with Sonadrill is crit-
ing interest in two producing assets: a 36.9% with the Sahara Group on this and potentially ical to the development of the Angolan oil and
operated interest in the South Disouq and Ibn other projects in the future.” gas sector and to Seadrill’s position as the num-
Yunus gas fields and a 67.0% operated interest in Kola Adesina, Group Managing Director, ber one rig operator in Angola. We’re grateful
the Ibn Yunus North gas field in the Nile Delta Sahara Power Group, said: “At Sahara, we believe for the Seadrill crew aboard the West Gemini
and a 50% non-operated interest in the West that with Savannah we have a partnership that who deserves the lion’s share of the credit for this
Gharib concession, which is located onshore in works, and we are delighted to see that our beliefs contract.”
the Eastern Desert, adjacent to the Gulf of Suez. are becoming a reality. Through this Addendum, Seadrill, April 25 2022
bna/IntelliNews, April 22 2022 we aim to secure the reliable supply of gas to
FIPL power plants, thereby improving the health Petronor launches
Savannah Energy reports of the Nigerian Electricity Supply Industry and production at first
as always, bringing energy to life for the everyday
on extension of its First person whose interest we serve intentionally.” Litanzi infill wells
Savannah Energy, April 22 2022
Independent Power GSA PetroNor E&P has provided an update on first

Savannah Energy, the British independent Seadrill’s Sonadrill JV wins production from the Litanzi infill drilling pro-
energy company focused around the delivery new contract in Angola gramme in Congo.
of Projects that Matter in Africa, has announced PetroNor holds an indirect ownership inter-
that Accugas, the Company’s 80% indirectly Seadrill has announced a new contract has been est of 16.83 per cent in PNGF Sud in Congo,
owned subsidiary, has signed an addendum to secured by Sonadrill Holding, Seadrill’s 50:50 which is the Company’s core production licence.
its existing interruptible gas sales agreement joint venture with an affiliate of Sonangol EP. Two wells of the initial Litanzi infill wells
(IGSA) with First Independent Power Ltd Sonadrill has secured a 10-well contract with have been put on production; well #1 (injector)
(FIPL), which was originally signed on January options for up to eight additional wells in Angola is flowing for a cleanup period producing some
28, 2020. for the West Gemini drillship. oil and mostly water as expected, Well #2 (pro-
ducer) was put on production on April 14th and
has produced above expectation for the first 8
days with an average 3,368 bpd, raising the aver-
age gross PNGF production to approximately
25,000 bpd for the period (4,207 bpd net).
The third well has been drilled to planned
total depth (TD) and the Operator is currently
preparing for running open hole logs. The infill
drilling programme on PNGF Sud commenced
in November 2021 with the spudding of the first
of four wells on Litanzi as part of a total drilling
programme of 17 infill and development wells
across four fields in the licence area.
Petronor, April 25 2022

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