Petroleum Africa
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Monday, May 1, 2017
Yachtze Lushin, Exploration and New Ventures Engineering Manager of Noble Energy, speaking at the 10th Annual Sub-Saharan Oil and Gas Conference that takes place in Houston on the run up to the Offshore Technology Conference (OTC), gave attendees a look at the company’s future plans in Africa.
Lushin said that Noble is actively seeking opportunities in sub-Sahara Africa to add to its current holdings in Equatorial Guinea, Cameroon, and Gabon. Toward this goal the company submitted bids for access to blocks in the Republic of Congo’s last bidding round, which just closed on March 29.
He also revealed that Noble is currently processing seismic in Gabon will an eye toward drilling next spring. Equatorial Guinea is the company’s only producing asset in Africa and contributed an average of 65,000 boepd of sales volumes in 2016, representing approximately 16% of total consolidated sales volumes.
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