Oil and gas company PetroNor E&P said Monday that production from the Perenco-operated PNGF Sud field complex offshore the Republic of Congo (Congo Brazzaville), grew to 30,330 bopd in the first half of 2023.'This is equivalent to 5,105 bopd…
Italy's Eni aims to reduce its exposure to oil in favor of natural gas and non-fossil fuels in part through asset sales, the energy group's CEO Claudio Descalzi said on Tuesday. Speaking at the Rome presentation of a report by the International Renewable Energy Agency (IRENA)…
Italian oil and gas giant Eni said Tuesday it had signed a deal to sell to Perenco its participation interest in several non-core permits in the Republic of Congo.'The transaction value is approximately $300 million, including firm and contingent consideration…
Strohm, a company making Thermoplastic Composite Pipe (TCP), has been awarded a 3 million euros contract to supply carbon fibre/PA12 composite jumpers to Aker Solutions to support work being carried out at TotalEnergies’ Moho Infill project in the Republic of the Congo…
Malaysia's Sapura Energy said Thursday it had, between December 2022 and May 2023, secured ten contracts worth around 1.4 billion Malaysian ringgit (currently around $303 million) across the Asia Pacific and Atlantic regions.The contracts were secured across its Engineering and Construction (E&C)…
Democratic Republic of Congo is nearing an agreement with neighbouring Angola over one of the offshore blocks between the countries that have been the subject of a 50-year dispute, Congo's oil minister told Reuters. Under the terms of the production-sharing deal proposed by Angola and Chevron…
China-based Wison Offshore & Marine has awarded NOV's APL a contract to supply a Submerged Swivel and Yoke (SSY) system for deployment in shallow waters offshore West Africa.APL said the SSY would be used as a mooring and gas export solution…
Chevron has launched a sale process for its oil and gas assets in Congo as the U.S. energy giant continues to focus operations on newer and more profitable production, industry sources said.The Congo assets could fetch up to $1.5 billion, according to two sources close to the process…
TotalEnergies has awarded Aker Solutions a contract to provide its deepwater standard Subsea Production Systems for three additional infill wells tied back to the Moho Nord field in the Republic of the Congo. Aker Solutions said the order was a sizable one…
The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, on Tuesday laid the foundation stone of Congo LNG.This will be the country's first natural gas liquefaction project,…
UK-based Decom Engineering firm said Thursday that its specialist cutting technology had been successfully deployed on a decommissioning project offshore West Africa.Decom, an R&D specialist focusing on the design and fabrication of cutting solutions and innovative decommissioning equipment…
A senior executive at Russia's Lukoil energy company said a project in the Congo in which it is involved would begin producing liquefied natural gas (LNG) in December, Russian news agencies reported. Lukoil Vice President Ivan Romanovsky said the initiative would produce around 600…
A joint bid between Lukoil and Eni for the rights to two of Congo's offshore energy blocks has moved forward, but has not yet completed, Interfax reported on Friday, citing a Lukoil executive and correcting previous agency reports that the contract had already been awarded…
Shallow water drilling company Borr Drilling has secured contracts and extensions for three jack-up drilling rigs: Ran, Gerd, and Natt.Borr Drilling said on Monday that the contracts added about 625 days to its firm backlog.The premium jack…
As companies race to expand renewable energy and the batteries to store it, finding sufficient amounts of rare earth metals to build the technology is no easy feat. That’s leading mining companies to take a closer look at a largely unexplored frontier – the deep ocean seabed…
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