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Israel’s gas performance chafes against narrow export horizons
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
Optimism despite setbacks in NL offshore
The province’s government remains positive about the future of its offshore industry despite recent difficulties
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Contractors set for multi-year recovery amid continually improving economics and efficiencies
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But significant discoveries are likely needed to prevent output from sliding again later this decade
Indonesia greenlights more projects
Jakarta is seeking to accelerate upstream developments and encourage more foreign investment
Harbour plans Indonesian FID for end-2023
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NL offshore has potential for new heights
Commercial oil discoveries off Newfoundland and Labrador could see three or four new fields coming online in the next ten years
Uruguay aims to benefit from frontier fever
South American nation emerges as potentially promising new upstream province
Wintershall sheds oil in NCS divestment
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Sierra Leone launches new offshore initiative
The West African nation taps two-year-old UK firm in an attempt to spur interest in its undeveloped upstream
Maersk Offshore Halliburton
Ian Lewis
CAPE TOWN
17 January 2019
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Maersk Drilling eyes African prizes

An uptick in west African activity holds promise for hard-pressed drillers

West Africa is one of the world's few hotspots for offshore drillers and could yet be poised to throw up more opportunities, as oil companies firm up their E&P plans in the region's new and expanding oil provinces. That is welcome news for Angela Durkin, chief operating officer at Maersk Drilling, whose business is still shaking off the effects of the collapse in activity during the post-2014 industry downturn-while preparing to be spun off from its parent A P Moller Maersk in 2019. "Our main focus in Africa right now is Ghana, where we have three of our drillships positioned. It's a very active market for us right now," Durkin told Petroleum Economist at November's Africa Oil Week confe

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