Page 19 - AfrOil Week 44
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AfrOil                                      NEWS IN BRIEF                                              AfrOil








       Short term, the focus is on maximizing explora-                          Mozambique (10%), BPRL Ventures Mozam-
       tion within development areas such as the Lower                          bique (10%), and PTTEP Mozambique Area 1
       Congo Basin.                                                             (8.5%).
         Angola MegaSurvey Updates: Block 16 Geo-                               Africa Energy Chamber, November 02 2020
       Streamer coverage adds a further 3,684 square
       km of broadband data in the Lower Congo                                  Yinson’s Abigail-Joseph
       Basin; total coverage of Angola MegaSurvey is
       now over 45,000 square km; additional Block 16                           FPSO achieves first oil
       deliverables, including PSDM data, are available
       as an upgraded package.                                                  Yinson is pleased to announce that FPSO Abi-
         “Several blocks covered by this new expanded                           gail-Joseph has received its 1st Oil Certificate on
       Angola MegaSurvey dataset will be included                               October 28, 2020, following successful 72-hour
       as part of the ANPG scheduled 2021 License                               Stabilisation Testing. This marks the commence-
       Round. This is a highly prolific region and the                          ment of the firm charter of the FPSO for a period
       3D seismic will enable companies to evaluate                             of seven years, with options to extend for a fur-
       areas ahead of license round bid submission,                             ther eight years.
       encouraging further exploration,’ says Christine                           The Yinson team achieved the delivery of first
       Roche, Sales Manager Africa Mediterranean and  among others, the supply of goods and services  oil for production within 20 months after sign-
       Middle East at PGS.                 in the areas of health and safety at work, con-  ing the contract with client FIRST Exploration &
         Multiple Geological Targets: Exploration  struction, maintenance, food, management of  Petroleum Development Co. Ltd (FIRST E&P),
       targets for these areas are found in several geo-  camps, transport (road and sea) and electrical  as Operator of the Nigerian National Petroleum
       logical zones: The postsalt section contains the  and office equipment.  Corp. (NNPC) / FIRST E&P OMLs 83 and 85
       proven Miocene play with numerous producing   Henrique Cossa, Coordinator of the Local  Joint Venture. The asset is operating in the Any-
       oil fields. The Upper Cretaceous section remains  Content Multi-sectoral Group, stressed the  ala and Madu fields within OMLs 83 and 85.
       relatively underexplored with multiple oppor-  importance of this type of seminars, hav-  FPSO Abigail-Joseph is Nigeria’s first inte-
       tunities identified. The presalt section, which is  ing emphasized the need to make known the  grated oil and gas greenfield project that has
       likely to become the focus for future exploration  requirements for national companies to access  been wholly executed by an indigenous oil com-
       efforts, has so far only been drilled in the shallow  the businesses opportunities offered by gas pro-  pany and is the Group’s fourth offshore produc-
       water.                              jects, as well as actions aimed at empower and  tion asset to operate in Nigerian waters.
       PGS, November 02 2020               increase the competitiveness of the national   Yinson Chief Executive Officer for Offshore
                                           companies.                           Production Flemming Grønnegaard said that
       Total shares business               Manager, said: “Our focus, in partnership with  great teamwork between the Yinson team, client
                                              Thomas Rodriguez, Total’s Local Content  the achievement was made possible through the
       opportunities for 2021 with         the Mozambican Government, is to increase the  and subcontractors.
                                           competitiveness of local companies to maximize
                                                                                  “I would like to thank the NNPC/FIRST E&P
       Mozambican companies                opportunities for local participation. These sem-  JV for the opportunity to undertake this project.
                                           inars are part of the multiform work that we have  This is a special project for us as it marks our con-
       The Total-led Mozambique LNG project held,  been doing to achieve this goal. In July, we pre-  tinuous business presence in Nigeria, allowing us
       last week, through electronic platforms, two  sented business opportunities for a horizon of six  to continue positively impacting Nigeria’s devel-
       seminars with more than 100 Mozambican  months and now we have presented opportuni-  opment through our contribution to its energy
       companies, aimed at sharing business opportu-  ties for 2021, which allows for greater business  landscape and local economy,” he said, adding
       nities for 2021 and to train companies in matters  preparation.”         that Yinson has been operating in Nigeria for the
       of health, safety and the environment, procure-  Thomas Rodriguez also stated: “[The] project  past 25 years.
       ment processes and procedures, due diligence,  will continue to give preference to Mozambican   Ademola Adeyemi-Bero, Managing Director
       and supplier registration. Representatives of  companies, but they should be competitive, ful-  of FIRST E&P, is enthusiastic about embarking
       the Ministry of Mineral Resources and Energy  filling the requirements of the project in terms  on the next operational phase of the relationship
       (MIREME), National Petroleum Institute (INP),  of planning, quality, quantity and cost. There-  with Yinson, building on the strong and collab-
       National Hydrocarbon Company (ENH), rep-  fore, whenever relevant, we encourage local  orative partnership during the project develop-
       resentatives of the Local Content Group and  companies to create the necessary partnerships  ment phase: “As a Nigerian independent with an
       several Mozambican business associations also  with each other or with foreign companies to  offshore integrated oil and gas focus, the partner-
       participated.                       strengthen their competitive capacity to suc-  ship with Yinson should enable our company to
         Business opportunities were presented by  cessfully compete for the business opportunities  deliver world class operations that delivers value
       four of the project’s contractors – namely, CCS  provided by the project. Likewise, we expect for-  to the JV. We look forward to a long-term rela-
       JV, the main consortium contracted for engi-  eign companies to commit and comply with the  tionship that delivers mutual bottom-line bene-
       neering,  procurement  and  construction  of  desire to maximize local content, as part of their  fits to both companies.”
       the LNG facility (onshore); TechnipFMC and  activities in the country.”    FPSO Abigail-Joseph has a storage capacity
       Van Oord, which form the MTV consortium   Total E&P Mozambique Area 1, a wholly  of 550,000 barrels and is designed to produce
       contracted for engineering, procurement, con-  owned subsidiary of Total, operates Mozam-  50,000 barrels per day (bpd) of oil with gas lift
       struction and installation of submarine systems  bique LNG with a 26.5% participating interest  and gas injection capacities at 15mn cubic feet
       (offshore), and Gabriel Couto, contracted for the  alongside ENH Rovuma Área 1 (15%), Mit-  (424,800 cubic metres) per day and 39 mcf
       construction of Afungi Airstrip.    sui E&P Mozambique Area1 (20%), ONGC  (1.104mn cubic metres) per day respectively.
         The opportunities presented included,  Videsh Rovuma (10%), Beas Rovuma Energy   Yinson Holdings, October 29 2020



       Week 44   04•November•2020               www. NEWSBASE .com                                             P19
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