Sunday, May 28, 2023
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
  • About Us
    • Advertise with Us
    • Contact Us
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Business

Top Five Oil Rigs Operating in Africa

by SAT Reporter
July 15, 2022
in Business
0
Top Five Oil Rigs Operating in Africa
0
VIEWS

With targets currently in place to meet a larger share of the global market, Africa’s top oil producing countries are seeking solutions to increase investment in the oil sector and tap into the continent’s 125.3 billion barrels of oil reserves.

Taking advantage of Africa’s vast resources has been a top priority for some of the continent’s largest oil producers, with the industry relying heavily on the performance of high-quality oil rigs – platforms that are used to identify reservoirs and extract crude oil from on- and offshore oil fields.

Namibia: Crown 750 Drilling Rig

The Crown 750 Drilling Rig – rated at 1,000 horsepower and equipped with two CAT 540 horsepower diesel engines – was acquired by Canadian oil and gas company, ReconAfrica, in 2020 to drill its onshore PEL 73 asset in the Kavango Basin in northeastern Namibia. At an initial cost of $1.8 million, the Crown 750 is rated to drill 12,000 vertical feet and is equipped with what is considered the world’s best top drive system and ancillary equipment for drilling in the Kalahari Desert. The self-propelled rig is powered by a Series 60 MTU engine and Allison 6610 Auto Transmission and features a hook load of 160,000 kgs.

Angola: Benguela-Belize Lobito-Tomboco Platform

Situated in Angola’s Block 14 concession, approximately 512 meters off the southern African country’s Cabinda Coast, the Benguela-Belize Lobito-Tomboco Platform is a drilling production platform owned and operated by supermajor, Chevron. With a production rate of 220,000 barrels of oil per day (bpd), the drilling platform is situated in water depths of 390 meters in the lower Congo Basin and features Africa’s first compliant piled tower – a fixed rig used for the offshore production of oil – as well as the world’s largest single-piece piles ever installed – a foundation element for offshore structures. The platform remains the largest Chevron-operated topsides with an operating weight of 43,500 short tons.

Libya: Bouri NC-41 DP4 Platform

Operating in the Bouri Offshore Field’s Block NC-41 in the Mediterranean Sea, north of the Libyan coast, the DP4 Platform is permanently moored to the field’s Floating Storage and Offloading vessel with storage capacity of approximately 1.5 million barrels, and together with its satellite platform, the DP3 is able to produce 150,000 bpd for export. Considered the biggest of its kind in the Mediterranean region, the Bouri oil field is situated in water depths of between 145 meters and 183 meters and consists of 38 wells.

South Africa: Island Innovator Rig

With plans to spud the Gazania-1 well in Block 2B offshore South Africa in Q3 2022, the Island Innovator Rig is a heavy well intervention vessel, equipped to operate in water depths ranging from 60 meters to 600 meters for drilling and 1,200-meter water depth for well intervention. The rig is a 6th generation, GM4000 WI enhanced design and was acquired by oil and gas exploration company, Eco Atlantic in early-2022. With an overall length and width of 104.5 meters and 65 meters, respectively, the Island Innovator has a carrying capacity of 11,500 tons.

Senegal: Ocean BlackRhino Drillship

Built in 2014 by Hyundai Heavy Industries, the Ocean BlackRhino is an ultra-deepwater drillship oil rig with water depth capabilities of up to 12,000 feet and drilling depth capabilities up to 40,000 feet. Operated by Woodside Energy, the Ocean BlackRhino is currently located offshore Senegal, having started drilling the first of 23 planned wells for Phase 1 of the Sangomar field development in mid-2021. Measuring an overall length of 229.22 meters with a width of 36 meters, the rig’s carrying capacity is 34,907 tons. Woodside Energy will target 231 million barrels of crude oil from the Sangomar field, located 100 km south of Senegal’s capital city of Dakar.

Previous Post

Ivory Coast president meets with ex-leaders

Next Post

South African mobile operator MTN in talks to buy Telkom

SAT Reporter

Related Posts

South Africa’s Top Retailer’s Expanding Solar Panel Coverage, Encompassing 24 Soccer Fields
Business

South Africa’s Top Retailer’s Expanding Solar Panel Coverage, Encompassing 24 Soccer Fields

by SAT Reporter
May 23, 2023
Dangote Refinery Positions Nigeria as Global Energy Player with $21 Billion Market Potential – Think-Tank
Business

Dangote Refinery Positions Nigeria as Global Energy Player with $21 Billion Market Potential – Think-Tank

by SAT Reporter
May 22, 2023
Kenya vows to support key projects to boost blue Economy
Business

Kenya vows to support key projects to boost blue Economy

by SAT Reporter
May 18, 2023
Businessman Zunaid Moti slams allegations of economic crimes
Business

Businessman Zunaid Moti slams allegations of economic crimes

by SAT Reporter
May 1, 2023
Secure Your Spot as an Industry Leader with an SAT Interview on Our Business Talk Show
Business

Secure Your Spot as an Industry Leader with an SAT Interview on Our Business Talk Show

by SAT Reporter
May 2, 2023
Next Post
South African mobile operator MTN in talks to buy Telkom

South African mobile operator MTN in talks to buy Telkom

Browse by Category

  • African Continental Free Trade Area
  • African Debt
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • Botswana
  • BOTSWANA
  • BRICS
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Education
  • Egypt
  • Energy
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Feature
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • North-Eastern Africa
  • Opinion
  • Politics
  • Racism
  • Rwanda
  • SAT Jobs
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Sustainablity
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

africa African business news Africa News african footballer african markets African news African start-up banking Business China Classic Climate change Content currency economy Explore Bali Finance football Health Investment Kenya Life Style Markets Market Stories news Nigeria oil and gas Opinion Pandemic Politics Premium Russia South Africa Southern African News sports Stay Home technology Travel United Kingdom United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
    • Lifestyle
      • Health
      • Culture
      • Food and Drink
      • Entertainment
  • Opinion
  • Sports
  • Events
  • SAT Jobs
  • About Us
    • Advertise with Us
    • Contact Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?