BW Energy, together with NAMCOR E&P, has contracted Odfjell’s Deepsea Mira semisubmersible rig for the drilling of the Kharas appraisal well on the Kudu license (PPL003) offshore Namibia in the Orange Basin, scheduled for the second half of 2025.
Valaris Limited has agreed to sell its jackup VALARIS 247 to BW Energy for cash proceeds of approximately $108 million. This sale is expected to close in the second half of 2025, subject to customary closing conditions. As part of the sales agreement, BWE will be restricted from using the rig outside of BWE-owned or affiliated properties for the rig’s expected remaining useful life.
BW Energy has reached final investment decision (FID) for the Maromba development offshore Brazil based on a capex-efficient development with an integrated drilling and wellhead platform (WHP) and a refurbished FPSO. The development targets 500 million barrels of oil in place in the highly delineated and tested Maastrichtian sands.
BW Energy has confirmed the commercial viability of the Bourdon oil discovery offshore Gabon, with estimated recoverable reserves of 25 million barrels, the Norwegian company said on Tuesday.
The DBM-1 ST2 appraisal well has verified a significant oil discovery with quality reservoir characteristics and fluid properties in the Bourdon prospect within the Dussafu licence. The company estimates 56 million barrels of oil in place, of which approximately 25 million barrels are considered recoverable.
Evaluation of logging data and formation pressure measurements confirm approximately 34 meters of pay in an overall hydrocarbon column of 45 meters in the Gamba formation, making it the largest hydrocarbon column discovered to date in the Dussafu license. The well was drilled by the Norve jack-up rig to a total depth of 4,135 meters.
BW Energy has signed production sharing contracts (PSCs) for two exploration blocks offshore Gabon: Niosi Marin and Guduma Marin (ex-G12-13 and H12-13).
BW Energy and its partners have completed production drilling campaign at Dussafu Marin Permit offshore Gabon, bringing the oil production at the development to the highest quarterly rate since the start-up in 2018.
BW Energy has increased gross reserves on the northern flank of Hibiscus field offshore Gabon on results of a pilot well.
Oslo-listed oil and gas E&P player BW Energy has struck oil at a pilot appraisal well located on a field in the Dussafu license off the coast of Gabon. The drilling activities were carried out with a jack-up rig owned by Borr Drilling, an offshore drilling contractor.