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AOG V10-18 6September Vol. 10 Issue 18 6 September 2007 AFRICA OILANDGAS BREAKING NEWS AND ANALYSIS FROM AFRICA Chevron launches Angolan Sanha project Chevron has launched the tender for a new project offshore Technip worked on the pre-FEED in Houston. Angola. The water depth is around 225ft (69m). It is from Sanha that The US major is forging ahead with its multi-billion dollar gas will be piped to two new platforms at the Congo Canyon investment in shallow water Block 0 and has started prequali- and then on to Soyo to the Angola LNG plant. fication for the Sanha Auxiliary Platform project. Bidding on other contracts is expected to start shortly – The firm is looking for a contractor to provide engineering, including for the South N’Dola field. Upstream conducted the procurement, construction, load out, transportation and instal- pre-FEED on this. lation of the topsides, jacket and piles. The platform will is likely to be a 16-slot wellhead linked by The jacket is expected to weigh around 2,800 tons, while the pipeline to North N’Dola 7km distant. The new field is main deck will be 2,300 tons and the auxiliary deck around expected to produce 30,000 b/d and 65 MMcf/d of gas. Oil and 1,500 tons. water will be sent to North N’Dola, while gas will be sent to Full bid documents will be issued in the second quarter of Sanha around 9km to the northeast. next year, with the contract to be awarded by the end of 2008. SBM ‘will get something’ from BP Angola… SBM is saying it sees the contracts for up to four FPSOs for that SBM is looking to develop a yard in a “very remote” place BP in Angola as the “most important objective” in the world in Angola. this year. The exact size of the yard will be tailored to suit any contract The Monaco-based firm has long been seen as favourite with victory. At best it will be able to perform major integration of Sonangol for the vessels for Blocks 18 and 31,but the original FPSO topsides as well as fabrication. award date of May has now slipped. Modec and Saipem are The first of the developments is Block 31 Northeast with still competing and SBM boss Didier Keller said: “We hope the remaining three projects to be spread out evenly at 12-18 they [BP] will make a decision before Christmas. We believe month intervals. we should get something out of Block 18/31, whether it will be This project will be followed by Block 18 West, then Block one or more we cannot tell, it is still our preferred target. 31 South and finally Block 31 Mid. “I will not comment very much because we are in a very Other important SBM targets for the year include a leased tense competition… BP has not made up their mind about FPSO• for Total’s Egina in Nigeria on which it is already talking which contractor to select, whether it will be one [FPSO], four to the operator, a leased FPSO for Eni’s Oyo in OML 120/121 or anything in between, is still to be seen. It is very difficult to in Nigeria, a sale FPSO for ExxonMobil’s Bosi in Nigeria, lease predict when BP will make a decision, we continue to be hope- or sale for Chevron’s Nsiko in Nigeria, a leased FPSO for ful on this project.” Chevron’s Negage off Angola and leased or sale FPSOs for He said, as previously revealed by AOG (see 28 June 2007), Total’s CGC in Block 32 and CLOV in Block 17 in Angola. …with Bonga Southwest just behind Shell is still talking to both SBM and Prosafe about a leased 16-inch gas export pipeline and 25km of 12-inch water injec- FPSO for its Bonga Southwest project offshore Nigeria. tion flowlines. The umbilicals contract is to be contested by “It is very slow but it is moving. We have meetings with Aker Kværner, DUCO, Nexen and Oceaneering. Shell and it seems that their plans are now materialising. It has For the subsea equipment (which is seen as the most critical taken a long time,” said SBM boss Didier Keller. path in terms of timing) the bid list still includes Aker Technical bids were originally submitted in the last quarter Kværner, Cameron, FMC and Vetco. The contract will include of 2006 for the project and by the end of the year only SBM 29 conventional subsea trees. and Prosafe were in the running. The FPSO will have production capacity of 150,000 b/d, The pipelines/flowlines/risers and subsea equipment instal- storage capacity of 1.5m bbl, water injection of 240,000 b/d lation competition is down to Heerema/Subsea 7 and Saipem. and gas production of 175 MMcf/d. It will be turret moored in There will be 36km of 10-inch production flowlines, 92km of a water depth of around 3,937ft (1,200m). ASSOCIATED PUBLICATIONS: ● Unauthorised reproduction or distribution of ● Africa Oil and Gas newsletter is strictly prohibited ASIA OIL ANDGAS NEWSLETTER INSIDE THIS WEEK Nigeria upstream transition ................2 Hydro Angola tie-back.............................4 Tullow Ghana accelerates ....................3 Gasol ever closer to LNG......................5 EUROPEAN OFFSHORE Eq Guinea FPSO looms..........................3 Madagascar hots up .................................6 PETROLEUM NEWSLETTER Uganda juggling act ..................................4 Roc heavy in Angola ................................8 STRATEGY New Nigeria upstream structure needs ability and liberty The upstream industry in Nigeria is waiting to understand the sit on the Energy Council, set up to implement the new policy, transitional structure that will guide operators over the next theoretically within six months. year following the wide-ranging changes to current institutions. Under the new structure, the NNPC’s core roles of exploration President Yar’Adua’s medium-term plans are finally in place and production will fall to the NOC, which is to be empowered and nobody will really know whether they will work until late to conduct itself like any other oil and gas company. next year. Much will depend on the ability and liberty of the The old Department of Petroleum Resources, which in the new people appointed rather than the structure itself. past oversaw the often controversial awarding of oil licences But in the short-term the upstream has ground to a halt. and blocks, will now be an independent entity known as the Nothing is expected to happen this year. The Budget season Petroleum Inspectorate Commission. starts next month and the money must be put in place to allow The Energy Ministry itself will now become the National projects to continue. In the meantime, the ongoing “discovery Petroleum Directorate, which alongside the NOC will be over- process” into most recent major contract awards made under seen by the newly created National Oil and Gas Assets Holding the last administration must also be completed before new and Management Committee, which replaces NAPIMS. contracts can be awarded. Only at that point can operators The Petroleum Products Distribution Authority will replace once again start pushing their projects such as Bonga the Pipelines and Products Marketing Company. Southwest, Egina and Bosi. The idea is to turn NNPC’s amorphous structure of regula- In the meantime the President is finalising the membership tory and business arms into a company that could tap interna- of the Energy Council that will oversee the massive changes. tional markets, acquire assets and assert more control over the Sources say that he has now decided that NNPC will not be nation’s vast oil reserves. The company wants to complete the represented on the council. reforms in six months, but an entrenched network of vested Yar’Adua took office in April and there was concern that interests – from contractors to bureaucrats who benefit from until a couple of weeks ago little had happened. But he has the status quo – may get in the way. revitalised the plan dating originally back to 1988 that will Alhaji Lawal Yar’Adua, the group managing director of the overhaul the oil industry in Nigeria. corporation, said: “I believe the purpose of the new policy is in The government plans to replace the NNPC with five enti- line with government’s desire to make the NNPC function ties to separately handle exploration, production, distribution, purely as a profit oriented, commercial and duly capitalised domestic fuel pricing and the awarding of oil licences. limited liability company with the right to raise funds for its The President, Vice President and other senior ministers will projects and operations just like its peers around the world.” Total cuts production target by 20% Total’s hope of resisting pressures on production has been for access to resources. dashed and the company has cut output targets by 20% for the A recent study found that while worldwide spending by oil four years to 2010. companies had reached record levels, reserve volumes had Christophe de Margerie, the new chief executive, said on increased by only 2%. Wednesday that Total expected only 4% growth between 2006 However Total’s focus on less mature regions and its recent and 2010, against previous forecasts of 5%. exploration successes had buoyed hopes it would be able to It is the second time in three months that Total has been resist some of the pressures facing rivals, which are forecast- forced to rein in production forecasts, even though the group ing production growth of about 2%. still expects to outpace rivals BP and Shell. Jason Kenney, head of research for oil and gas at ING, Most majors have been forced to scale back production tar- remained confident the group’s profile would deliver results.
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