Page 10 - AfrOil Week 02 2022
P. 10

AfrOil                                 PROJECTS & COMPANIES                                            AfrOil



       Chariot reports new gas find in Morocco






           MOROCCO       AFRICAN market-focused energy firm Chariot   operational and logistical challenges posed by
                         said earlier this week that it had made a signif-  the current pandemic.”
                         icant gas discovery the Anchois-2 well, drilled   Pouroulis also pointed to some of Chariot’s
                         at the Lixus block offshore Morocco’s northern   other successes in Morocco. “With the recently
                         Larache region. The company’s shares rallied on   announced key terms of gas offtake with a
                         Monday morning, January 10, in reaction to this   prominent international energy group, interest
                         discovery, which was announced in a statement.  from two highly regarded institutional lenders
                           The new discovery was made during Chari-  to provide debt finance, an ongoing collabora-
                         ot’s offshore drilling operations under the Lixus   tion with a leading constructor of offshore gas
                         licence, in which the firm has a 75% interest. The   projects and now this successful gas well result,
                         remaining 25% is held by Morocco’s National   the Anchois project is getting closer to help-
                         Hydrocarbons and Mining Office (ONHYM).  ing provide a clean transitional fuel to support
                            The company said the discovery was beyond   Morocco’s industrial and economic growth,” he
                         expectations, with the thickness of the newly   stated. “We look forward to providing a further
                         discovered gas reservoir being more than 100   market update once the appraisal campaign has
                         metres, almost twice the amount found while   completed.” ™
                         drilling the Anchois-1 well.
                           Chariot and OHNYM have said they believe
                         Anchois holds at least 1 trillion cubic feet
                         (28.3bn cubic metres) in recoverable reserves.
                         They intend to drill two development wells at the
                         field and use subsea tie-ins to connect them to a
                         subsea manifold outfitted with a 40-km flowline
                         that pumps gas to an onshore processing facility.
                         This facility, in turn, will be linked to an exist-
                         ing trunk pipeline that is used to export North
                         African gas to Europe via a 40-km onshore pipe.
                           Adonis Pouroulis, the acting CEO of Char-
                         iot, expressed satisfaction with the find, saying:
                         “I am delighted to announce that Chariot, as
                         well as conducting a successful appraisal well
                         operation, has made a significant gas discovery
                         at the Anchois-2 well which materially exceeds
                         our expectations. We continue to conduct fur-
                         ther analysis on the data collected from the well,
                         but as it stands, we believe the result is transfor-
                         mational for the company. This is a tremendous
                         outcome, and I would like to thank ONHYM,
                         our partners on the licence and everyone
                         involved for their invaluable support, which
                         enabled the well to be drilled safely, success-
                         fully and on time during a time of significant   The Anchois-2 well encountered a sizeable gas reservoir (Image: Chariot)


       Saipem charters floating hotel




       vessel for GTA offshore gas project






        SENEGAL/MAURITANIA  SAIPEM, the Italian oilfield services provider   The charter provides for the deployment
                         (OSP) that is acting as general contractor for the   of the Edda Fides, an accommodation vessel
                         Grand Tortue/Ahmeyim (GTA) natural gas and   owned by Edda Accommodation (Norway), at
                         LNG project, has chartered an offshore accom-  the block beginning in the second half of this
                         modation vessel for the offshore block astride   year. The vessel will remain at GTA for a period
                         the Senegal-Mauritania maritime border.  of six months firm.



       P10                                      www. NEWSBASE .com                        Week 02   12•January•2022
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