Page 19: of Offshore Engineer Magazine (Aug/Sep 2014)

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bene? ts of such a plant to the region.

Eni is operator of the block, called Area 4, in the deep waters of the Rovuma Basin, which is estimated to hold up to 85Tcf of gas.

N

Eni acquires

E

Eni has gained operatorship and a 40% interest in explora-

D tion right permit 236 (ER236)

G off the eastern coast of South

P

F

H

Africa from Sasol.

Under the terms of the agreement, Eni has acquired 82,000sq km of unexplored

K acreage in the Durban and

O

Zululand basins within the

Kwazulu-Natal province.

Q

W

The ? nancial terms were not

TRS

L disclosed. Sasol originally acquired the 3-year permit

M in November 2013 by the

Petroleum Agency of South

U

Africa.

J I

N

O

Dragon Oil expands

V Dragon Oil signed a contract for Block 19 East Zeit Bay, offshore the Gulf of Suez,

Egypt, its ? rst 100%-opera-

K

The well, TBMT-2HP, is Buried Hill Africa on Block torship block outside of

Woodside agrees located in the ? eld, and is Australia’s Woodside ? nalized CI-509 offshore Côte d’Ivoire Turkmenistan. comprised of blocks BM-C-39 an agreement with Chariot (Ivory Coast), West Africa. Dragon Oil’s main pro- and BM-C-40. Operations on Oil & Gas to farm in to the Buried Hill will get a 10% ducing Turkmeni asset is a fourth well will commence prospective Doukkala basin, interest in the block in return the Cheleken contract area, after its upper completion, offshore northwest Morocco. for funding 21.1% of the cost offshore in the eastern section

OGPar said. Under the agreement, of the next exploration well of the Caspian Sea.

Woodside acquires an initial and an additional cash pay- Between 8-10 wells are still

J

Maersk retreats 25% interest in the Rabat ment to African Petroleum due to be completed on the

Maersk Olie og Gas (Maersk Deep Offshore permits I-VI. Corp., representing 10% of ? rm’s Turkmeni assets by the

Oil) said it will no longer pur- The agreement includes an past costs incurred. end of the year, helping to sue growth or operatorship for option to acquire an addi- African Petroleum Corp. will increase production to 87,000- its business in Brazil, citing a tional 25% and operatorship, remain operator. 90,000bo/d compared to the

US$1.7 billion impairment on for a capped well carry obliga- 73,440bo/d average seen in

M

Sasol plans for GTL its Brazilian assets and disap- tion. The agreement is also 1H 2014 (73,600bp/d in 1H pointing appraisals. subject to required govern- Sasol has announced a joint 2013).

In 2011, the Danish com- ment approvals. pre-feasibility study for a

P

Berkut commissioned pany acquired acreage in the Permits I-VI are undrilled large-scale gas-to-liquids

Campos basin’s Polvo, Wahoo and cover 10,782sq km, 50km (GTL) plant, which will Commissioning operations and Itaipu ? elds for $2.4 bil- offshore, in 150-3600m water be based on gas from the started on the 200,000-ton, lion. Maersk Oil said it will depths.