Page 11 - AfrOil Week 08 2022

AfrOil PROJECTS & COMPANIES AfrOil

The Zohr field is believed to hold 850 bcm of gas (Image: Eni)
It described the vessel as “well suited to deepwa- the project in a safe and efficient manner,” he
ter umbilical installation and construction sup- commented. “2022 will see Havfram execute
port operations” and noted that it had chartered a number of projects in Africa and the Medi-
the LCV this year for projects in several different terranean, a long-standing key region for the
regions. company.”
As of press time, the company had not said Zohr is a gas-bearing section of the Shour-
exactly when the Viking Neptun might reach the ouk concession, located offshore Egypt. It is
Zohr field or how much the deal with Saipem operated by Eni (Italy), which holds a 50% stake
was worth. in the project, and the remaining equity is split
Odd Strømsnes, the CEO of Havfram, between Rosneft (Russia), with 30%; BP (UK),
expressed satisfaction with the new contract. with 10%; and Mubadala Petroleum (UAE),
“We are pleased that Saipem selected Havfram with 10%. It is believed to contain up to 850bn
to assist on their activities on the Zohr project cubic metres of gas and has been in production
for Petrobel, and we look forward to executing since 2017. ™

FAR identifies three new prospects

at Block A2 offshore The Gambia

THE GAMBIA AUSTRALIA’S FAR Ltd reported that it had – had been disappointing. This prospect did
identified three new prospects after reviewing have some indications of hydrocarbons but does
data collected from Bambo-1 and its accompa- not appear to be a southward extension of the
nying sidetrack well Bambo-1ST1, both drilled Sangomar oilfield, as previously anticipated, it
at Block A2 offshore The Gambia. said.
In a statement dated February 21, FAR It struck a more upbeat note in describing
declared that the drilling and logging data the Bambo prospect, or the S390 and S400 res-
obtained from the main well and the sidetrack ervoirs. The oil shows encountered there appear
confirmed that a “prolific oil source” was present to indicate that there is updip potential at both
in that part of the black. layers, and they will now be known as the Pan-
The drilling results also indicated that the thera prospect, the company said.
oil shows encountered during drilling per- FAR went on to say that it had opened up two
sisted over intervals of several hundred metres, more material exploration opportunities as a
thereby confirming that key drilling targets result of further mapping – Jatto and Malo, both
could access this source, it said. of which will be high-graded like Panthera. All
The company did acknowledge that the three of the high-graded prospects hold multiple
results from one of its targets – the Soloo pros- prospects that are believed to contain crude oil,
pect, also known as the S440 and S410 objectives it stated.

Week 08 23•February•2022 www. NEWSBASE .com P11