Page 11 - AfrOil Week 22 2021

AfrOil PROJECTS & COMPANIES AfrOil

BP has stakes in the In Amenas and In Salah projects in Algeria (Image: Equinor)
The sources indicated that BP had not yet com- BP has been trying since 2019 to sell at least
mitted to a sale of the assets. The British major one of its Algerian assets – namely, a 45.89%
is still considering the possibility of establishing stake in the In Amenas project, which involves
a joint venture to combine its assets with Eni in the extraction and processing of wet natural gas
Algeria, as it intends to do in Angola, they said. from a group of fields in the Illizi basin.
However, there are other options under dis- According to Norway’s Equinor, another
cussion, one of the sources stated. BP is consid- shareholder in the In Amenas project, these
ering an outright sale of its Algerian assets to the fields are capable of producing up to 9bn cubic
Italian company and may also swap those assets metres per year of gas. They have been in pro-
for stakes in some of Eni’s projects around the duction since 2006.
world, including the Coral South LNG scheme The British company is also working with
in Mozambique, he explained. Equinor at In Salah, a group of seven dry gas
The Reuters report could not immediately fields in the Central Sahara region. It has a 33%
be confirmed. Both BP and Eni have declined to equity stake in the licence area, which yields
comment on the matter publicly. about 9 bcm per year of gas. ™

Fugro Ghana begins survey of Pecan field

GHANA FUGRO Ghana, a subsidiary of the Dutch geo- turn, will ensure that the company installs sub-
data specialist Fugro, has reportedly begun car- sea infrastructure in safe and secure locations.
rying out geophysical and geotechnical (G&G) Aker Energy Ghana will take the results of
survey work at the Deepwater Tano/Cape Three the survey programme into consideration when
Points (DWT/CTP) block under a contract with drawing up the field development plan (FDP)
a unit of Norway’s Aker Energy. for Pecan, which it is expected to submit to the
The survey will cover Pecan, an oilfield Ghanaian government later this year. Kadi-
within the offshore DWT/CTP licence area. jah Amoah, the CEO of the Aker subsidiary,
Fugro Ghana is using the Fugro Scout vessel for explained: “With these surveys, we take a signifi-
the project. It will spend three to four weeks on cant step in moving towards submitting a plan of
the geotechnical portion of the survey and wrap development and operations to the government
up this part of the survey before the end of June. of Ghana and achieving first oil.”
Work on the geophysical portion of the survey She added: “There is a lot more work before
will then begin later this year. first oil, but our decision to proceed with a
The data collected in the G&G survey will phased development of the field and now the
help Aker Energy Ghana develop a better commencement of the G&G survey is further
understanding of the integrity and stability of evidence of our commitment to this project and
the seabed overlying the Pecan oilfield. This, in to Ghana.”

Week 22 02•June•2021 www. NEWSBASE .com P11