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Oceaneering Announces Early Vessel Termination with BP in Angola

Oceaneering International, Inc. ("Oceaneering" or the "Company") (NYSE:OII) announced today that a unit of BP p.l.c. ("BP") (NYSE:BP) has exercised its right, under the Field Support Vessel Services contract that was entered into with the Company for work offshore Angola, to terminate its use of the chartered vessel Bourbon Oceanteam 101 at the end of May 2016. Prior to this notice, the work was scheduled to extend through the end of January 2017.

Chevron Announces First Production from the Lianzi Development Offshore the Republic of Congo and Angola

Chevron Corporation (NYSE:CVX) announced today that its subsidiary, Chevron Overseas (Congo) Limited, has commenced oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola.

Total starts up production from Dalia Phase 1A on deep offshore Block 17

Total has started production from Dalia Phase 1A, a new development on its deep offshore operated Block 17, located 135 km off the coast of Angola. Dalia Phase 1A will develop additional reserves of 51 million barrels (Mb) and will contribute 30,000 barrels per day (b/d) to the block’s production.

BP confirms Start Up of Kizomba Satellite Fields Offshore Angola

“This is the first of BP’s planned start-ups for 2015 and is another successful project from this prolific block,” said Darryl Willis, BP’s regional president, Angola. “We expect to follow this up later in the year with the Greater Plutonio phase 3 project in neighbouring Block 18 which is operated by BP.”

Eni Starts Production of Cinguvu Offshore Field at West Hub Development in Angola

Eni started production two weeks ahead of schedule at the Cinguvu oil field, from the West Hub Development Project in Block 15/06 in the Angolan Deep Offshore, approximately 350 kilometres northwest of Luanda and 130 kilometres west of Soyo. The start-up follows the achievement of West Hub’s first oil through Sangos field start-up, during last November 2014.

VAALCO Energy Announces Drilling Has Commenced On Block 5 Offshore Angola

VAALCO Energy, Inc. (NYSE: EGY) today announced that on March 2, 2015, the Company spudded the post-salt Kindele-1 well, its first exploration well on Block 5 offshore Angola.  As previously announced, VAALCO contracted the Transocean "Celtic Sea" semi-submersible rig to drill the Kindele-1 well to a planned total depth of 2,250 meters in a water depth of approximately 100 meters. 

Eni starts production at West Hub Development, deep offshore Angola

Eni has started production of first oil from the West Hub Development Project in Block 15/06 in the Angolan Deep Offshore, approximately 350 kilometres northwest of Luanda and 130 kilometres west of Soyo. 

The field is currently producing 45,000 barrels of oil per day (bopd) through the N’Goma FPSO, with production ramp-up expected to reach a daily production of up to 100,000 bopd in the coming months. The start-up of the East Hub Development, expected in 2017, will raise overall production from Block 15/06 to 200,000 bpd.

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