Erenco Brazil will implement an ambitious redevelopment plan to revitalize the assets, restart production to a target rate of 10,000-15,000 bopd and unlock over 50 MMstb of reserves.
The Hylia South West field is now producing 6,000 bopd from the HYSM-01 well, a material increase since the start of production in October 2023, less than one year after the discovery.
The environmental conditions off the coast of West Africa place high demands on technical equipment. Heat, humidity and salt water accelerate corrosio.
Military officers in oil-producing Gabon said they seized power on Wednesday and put President Ali Bongo under house arrest after the central African state's election body announced he had won a third term.
Anglo-French company Perenco appears to have found a niche for small-scale African LNG. By offering domestic fuel supply and reduced gas flaring, it has garnered government support for small-scale LNG production in Gabon, following on from its success in Cameroon. [Gas in Transition, Volume 3, Issue 6]