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Erin Energy Corp ERINQ

Erin Energy Corporation is an independent oil and gas exploration and production company. The Company is focused on energy resources in Africa. It is focused on exploration for and production of hydrocarbons where commercial reserves have been found and developed. As of December 31, 2016, the Company's asset portfolio consisted of seven licenses across four countries covering an area of approximately five million acres (approximately 19,000 square kilometers). The Company's geographical segments include Nigeria, Kenya, The Gambia and Ghana. The Company owns producing properties and conducts exploration activities offshore Nigeria, conducts exploration activities offshore Ghana and The Gambia, and onshore Kenya. The Company has 100% interest in Oil Mining Leases 120 and 121; four Production Sharing Contracts in the Lamu Basin of Kenya; two exploration licenses offshore The Gambia, and interest in Expanded Shallow Water Tano (ESWT) block offshore Ghana.


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Post by radcaton May 23, 2014 6:59am
206 Views
Post# 22590822

Subsea Contractor Hired

Subsea Contractor Hired

Ceona Secures Normand Pacific Work in the Oyo Oilfield in Nigeria With CAMAC Energy Inc.

CAK

LONDON, UNITED KINGDOM--(Marketwired - May 22, 2014) - Ceona, SURF contractor with heavy subsea construction capabilities, has been awarded a contract for work in the Oyo oilfield offshore Nigeria from CAMAC Energy Inc. (: ). The Oyo Phase One Expansion Project consists of the installation and recovery of umbilical and flexible pipe as well as light subsea construction in up to 500m water depth.

Project management will be performed by Ceona, while local offshore support and engineering work will be delivered in partnership with their local partner, Marine Platforms Limited (MPL) in Lagos, Nigeria. Offshore works are planned to commence in July 2014 using the Normand Pacific. Ceona has chartered the vessel from Solstad Offshore since April 2014 for one year, with an option of extension.

Ceona mobilised the Normand Pacific with a new high-specification 75t VLS, a reel drive system of 400t reels and two work-class ROVOP ROVs in Galveston (Gulf of Mexico). The vessel's first contract as part of the Ceona fleet was working on the Clipper Contingency Umbilical Installation Project for Bennu Oil and Gas in the Gulf of Mexico.

Mark Preece, Executive VP Commercial and Business Development at Ceona commented: "We are delighted to have secured this installation project from CAMAC Energy. Working in partnership with MPL, Ceona continues to build its reputation for excellent project management and offshore performance. West Africa is a key market for Ceona and we are well positioned to compete for the many upcoming SURF projects in the region".

Contact details
TopLine Communications
ceona@toplinecomms.com
+44 (0)207 580 6502


Read more at https://www.stockhouse.com/news/press-releases/2014/05/22/ceona-secures-normand-pacific-work-in-the-oyo-oilfield-in-nigeria-with-camac#1cXy9qdYJe7uZEUl.99
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