Page 18 - AfrOil Week 25 2022

AfrOil NEWS IN BRIEF AfrOil

NCDMB and NEXIM Bank secondary objective in the Abu Roash G (ARG)
It also noted that AJ-14 was targeting a deeper
establish $40mn Women reservoir – namely, an area up-dip of AJ-12, a
well that was drilled in 2019. AJ-12 tested oil
in Energy Fund from the ARG reservoir at that time.
If this drilling project is successful, the new
Women in Nigeria’s oil and gas industry are set to well will quickly be linked into existing produc-
benefit from a $40mn Women in Energy Fund, tion facilities, thereby allowing UOG to gather
established by the Nigerian Content Devel- more oil and collect additional revenue, the
opment and Monitoring Board (NCDMB) in statement said.
partnership with the Nigerian Export-Import AJ-14 will be the third development well that
Bank (NEXIM), The Nation (Nigeria) reported UOG has drilled this year out of five planned for
on June 17. 2022, the company’s CEO Brian Larkin noted.
According to NCDMB Executive Secretary UOG owns a 22% working interest in the Abu
Simbi Wabote, this is in addition to the $300mn Sennan licence area, which is currently operated
long-term low-interest funding from the Nige- by Kuwait Energy Egypt.
rian Content Intervention Fund. Wabote dis- bna/IntelliNews, June 22 2022
closed the new fund during the Nigerian Women
in Oil and Gas conference 2022 in Lagos held Chariot signs FEED deal “We are very pleased with this contract
under the theme Leveraging Opportunities for award, which secures work for Ramform Van-
Women in the Oil and Gas Industry. with Schlumberger and guard until next summer season. Combining the
Speaking at the conference, Chief Timi- Ramform acquisition platform and our GeoS-
pre Sylva, the Minister of State for Petroleum Subsea 7 for Morocco’s treamer technology will provide the client with
Resources, said women occupy about 50% of high quality 4D data,” says PGS President and
non-technical positions at entry-level compared Anchois gas facility CEO Rune Olav Pedersen.
to only 15% of technical and field role positions, PGS, June 21 2022
with only a small proportion of women in exec- Africa-focused energy exploration group Char-
utive positions. iot Ltd has signed a front-end engineering and TechnipFMC awarded
“The percentage of women in the industry design (FEED) agreement with Schlumberger
drops from 36% to 24% between the middle and and Subsea 7, as part of a consortium, for the significant contract by
executive level,” Timipre noted. “[We] promise Anchois gas development project in the Moroc-
to continuously leverage your numbers to start a can harbour town Larache. TotalEnergies for CLOV3
movement in the oil and gas industry. We cannot AIM-listed Chariot said that along with
afford to leave behind half of our populace.” Schlumberger and Subsea 7, it will continue to TechnipFMC has been awarded a significant
The minister confirmed that the Nigerian adopt a “one-team” integrated and collaborative contract by TotalEnergies EP Angola to sup-
government has been deliberate in introducing approach to safely fast-track first gas to maxim- ply subsea production systems for the CLOV3
gender-friendly policies aimed at increasing ise the return on investment. development in Block 17, offshore Angola.
access to funding, the awarding of contracts and As per the contract terms, both firms will It is the first contract under the companies’
support for research and development in the assist Chariot to minimise emissions and con- new framework agreement covering subsea
interest of women operators in the Nigerian oil tribute to the region’s social development. The trees for brownfield developments in Block 17
and gas industry, NCDMB said in a press release. FEED services include costs and schedules of in Angola. The CLOV3 contract includes Sub-
bna/IntelliNews, June 20 2022 construction and installation of the well and the sea 2.0™ trees and associated controls, umbilical
onshore infrastructure connecting the offshore termination assemblies, jumpers and services.
wells to customers. Jonathan Landes, President, Subsea at
PROJECTS & COMPANIES Morocco’s Anchois discovery holds over 1 TechnipFMC, commented: “We are proud
trillion cubic feet (28.3bn cubic metres) of gas to continue working with our valued partner
United Oil & Gas spuds reserves with a methane concentration of 97% TotalEnergies EP Angola, with the support of
located in high-quality reservoirs. Chariot has a our large installed base. Our framework agree-
Al Jahraa-14 well at Abu 75% interest in the Lixus licence containing the ment and the CLOV3 contract are the result of
find while ONHYM has 25%. The project should several years of collaboration to standardise sub-
Sennan onshore Egypt come online in 2024. sea production equipment and optimise subsea
developments.”
bna/IntelliNews, June 21 2022
United Oil & Gas (UOG) announced on June Subsea 2.0™ products use standardised com-
21 that it had spudded the Al Jahraa-14 (AJ-14) PGS wins large 4D contract ponents that are pre-engineered and qualified,
development well at Egypt’s onshore Abu Sen- which allows equipment to be rapidly configured
nan licence area. offshore West Africa according to each project’s specific requirements.
The company said in a statement that it was This optimises the engineering, supply chain,
drilling the AJ-14 well to intersect the Anu Roash PGS has been awarded a significant acquisition and manufacturing processes, thus reducing the
C (ARC) reservoir. The well targets reserves from contract, consisting of several 4D surveys, by an time to first oil and/or gas.
an undrained area of the Al Jahraa Field that was international oil company offshore West Africa. For TechnipFMC, a “significant” contract is
identified as a result of reservoir and simulation Acquisition is scheduled to start early November between $75mn and $250mn.
modelling work, it explained. 2022 and expected to complete early May 2023. TechnipFMC, June 16 2022

P18 www. NEWSBASE .com Week 25 22•June•2022