Coastal Africa Shallow-Water Oil and Gas Asset Acquisition and Development
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Source: Upstream Online
Coastal Africa plans to acquire shallow-water oil and gas assets in Nigeria and Angola, focusing on mature fields with aged infrastructure and under-investment, termed 'stranded jewels'. The company aims to replicate a dual oil company-contractor approach, integrating upstream resources exploitation with marine-led solutions including floating production, storage and offloading vessels, mobile off
- Status
- Prospective
- Sector
- Oil and Gas, Water Supply and Storage
- Location
- Nigeria
- Updated
- 22 Jul 2026
- Source
- Upstream Online
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Coastal Africa plans to acquire shallow-water oil and gas assets in Nigeria and Angola, focusing on mature fields with aged infrastructure and under-investment, termed 'stranded jewels'. The company aims to replicate a dual oil company-contractor approach, integrating upstream resources exploitation with marine-led solutions including floating production, storage and offloading vessels, mobile offshore production units, and floating storage and offloading vessels. Coastal Africa intends to establish an integrated engineering, procurement, and construction business to support these operations. |
Original sector | Energy |
Location
Country | Nigeria |
Source
Source | Upstream Online |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Water Supply and Storage |
Article published date | 2026-05-24 |
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