Zenith Energy, an international oil and gas production company focused on African development opportunities, has announced that it has agreed to lift approx. 68,000 barrels of crude oil net to Zenith. This includes approx. 20,000 barrels of domestic market sales for total receivables of approx. US$4.5 million in July 2021.
Commenting, the Chief Executive Officer of Zenith, Andrea Cattaneo, said: “We are delighted to have agreed our first sale of Tunisian oil production during a period of high oil prices.
The Company will apply the significant additional funding towards accelerating our planned field development rehabilitation and drilling activities in Robbana and El Bibane, as well as within the Ezzaouia concession following agreement with our partners, to achieve a maximisation of oil production in the near-term.”
SOLSTAD OFFSHORE
A contract for the CSV Normand Energy has been given to Solstad Offshore by an important client. In West Africa, the vessel will support subsea operations. The contract will begin in Q3 2021 and will last for 13 months.
The Normand Energy is a big construction vessel with a working deck of 2000m2 and a 250-ton active heave compensated crane.
ABOUT SOLSTAD
Solstad Offshore operates 122 vessels, comprising 29 construction service vessels, 40 anchor handling tug supply vessels, and 53 platform supply vessels.