London-listed Zenith Energy has skipped „a major hurdle“ towards acquiring majority rights in Congo focused Anglo African Oil & Gas Congo SAU.Namely, Anglo African Oil & Gas’ shareholders have passed the resolution to approve the sale of an…
In Africa, as the count of offshore oil and gas blocks that are getting depleted continues to rise, some producing countries are opting to invest in seismic data to enable identification and demarcation of new blocks while at the same deploying more high end technology…
Italian prosecutors are investigating the wife of Eni's chief executive as part of a wider probe into allegations of corruption involving the oil and gas major in Congo Republic, a prosecution document seen by Reuters showed.State-controlled…
Privately held oil and gas exploration and production company New Age (African Global Energy) Limited has announced the completion of the US$800 million sale of its 25% non-operated interest in the offshore Marine XII permit in Congo (Brazzaville) to LUKOIL Upstream Congo SAU…
Africa's offshore oil and gas potential remains largely unexploited, and 2019 may turn out to be a good indicator on whether countries with shallow-, deep- and ultra-deepwater hydrocarbon resources can make headway in attracting exploration and production investments…
Norwegian vessel owner Solstad Offshore ASA, together with its local partner Petro Services, has entered into a contract with Total Exploration & Production Congo for the construction support vessel (CSV) Far Sleipner.The contract has a duration of two years firm plus four six-month options…
Congo (Brazzaville), sub Saharan Africa's third largest oil producer, has intensified its campaign to promote the country's offshore drilling and exploration investment opportunities.The Ministry of Hydrocarbons hopes to ride on the new hydrocarbons…
Italian oil firm Saipem has signed new offshore E&C contracts in Azerbaijan, the North Sea and the Republic of Congo. The overall value of the contracts is approximately $400 million.In Azerbaijan, Total has awarded a SURF contract to the consortium between Saipem’s subsidiary…
Inpex and partners Muanda International Oil Company (MIOC) and Chevron have been given a 20-year extension for a concession agreement on a block offshore Congo. The agreement, with the government of the Democratic Republic of the Congo…
SOCO International has had its 25-year exploitation permit over the Viodo, Lideka and Loubana areas in the shallow water Marine XI Block, offshore the Republic of Congo (Brazzaville), confirmed by the country's Council of Ministers. The…
DeepOcean has acquired French company Searov Offshore and has expanded its presence in West Africa. Searov, established in 2008, is an ROV service provider with a strong focus on West Africa. The company owns and operates ten remote…
Tenaris and TechnipFMC teamed up to take on Total’s Moho Nord project, offshore the Republic of Congo. Image of Moho Nord A, from Tenaris. Tenaris provided TechnipFMC with a complete package of offshore line pipe solutions…
Claudio Descalzi has been re-appointed as Italian oil firm Eni's CEO and general manager by its board of directors. Born in Milan, Descalzi has been Eni’s CEO since May 2014. He joined Eni in 1981 as an oil and gas field petroleum engineer…
Vantage Drilling International has acquired the Hercules 260, a Marathon LeTourneau Class jackup drilling unit, from Hercules Offshore for an undisclosed amount, and has renamed the rig the Vantage 260. As part of the acquisition, Vantage…
French supermajor Total has started production from its Moho Nord deepwater development, 75km offshore Congo. The project, with 100,000 b/d capacity, is the biggest oil development to date in Congo and one of 10 developments Total is due to start-up in the next 17 months globally…
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