Dutch maritime services firm EMAR Offshore Services has bought two Damen Fast Crew Suppliers (FCS) 2206 for an undisclosed fee.The first vessel, named E-Six, has already begun operations in Angola, supporting the local oil and gas industry, and will be joined by the E-Seven shortly…
Italian oil major Eni announced it has signed a deal to to buy the Tango FLNG floating liquefaction plant from Belgium-based Exmar for use in the Republic of Congo. Under the agreement, Eni will acquire Exmar's company Export LNG Ltd, which owns the Tango FLNG…
Offshore drilling contractor Borr Drilling on Thursday announced it has received a binding letter of intent (LOI) for one of its jack-up drilling rigs from an undisclosed operator in West Africa.Under the deal, Borr's Prospector 5 will drill…
Italian explorer Eni has reported 'excellent results' from its latest exploration well offshore Ivory Coast, West Africa, resulting in a 25% increase in the resource estimate for the Baleine field. The Baleine East 1X well was the first exploration…
TotalEnergies has made a final investment on the $850 million Begonia project in Block 21, Angola. The project is the first development of block 17/06, 150 kilometers off the Angolan coast, in agreement with concession holder Agência Nacional de Petróleo…
Eni, with its partners in the New Gas Consortium, has taken a final investment decision in Angola's first non-associated gas development project, the development of the Quiluma and Maboqueiro (Q&M) fields.The project includes two offshore wellhead platforms…
TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria.Located 20 kmoff the coast, at a depth of about 20 meters, the…
Australia's Woodside Energy Group trimmed its production outlook for 2022 on Thursday and flagged a possible delay to a U.S. oil project inherited with BHP Group's petroleum assets, sending its shares down 4%.Woodside, now a top 10 global independent oil and…
Africa-focused oil and gas company Chariot on Wednesday announced a 'material increase' in gas resource estimates for its assets offshore Morocco, as it works to reach a final investment decision for the Anchois gas field development.The company…
Farhat Bengdara, who was declared chairman of Libya's National Oil Corp last week by the Government of National Unity in Tripoli, said his appointment did not change the company's legal position after its validity was challenged.'I am aware…
Italian prosecutors on Tuesday dropped criminal proceedings over a $1.3 billion Nigerian oilfield deal, clearing energy majors Eni and Shell, as well as managers, including Eni Chief Executive Claudio Descalzi.Attorney General Celestina Gravina…
Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has agreed to buy interests in two shallow-water offshore blocks in Angola from the Croatian oil company INA - Industrija Nafte.To remind, Afentra in April agreed to buy a 20% non-operated interest in Block 3/05…
Libyan oil output will resume from all shuttered fields and ports, the Tripoli government's newly installed head of National Oil Corporation (NOC) said on Friday after meeting groups that have blockaded the facilities for months.The decision…
Prysmian, the Italian energy and telecom cable systems provider, has won two contracts worth approximately €250 million (around $253,3 million) by Red Eléctrica de España, S.A.U., the transmission system operator of the Spanish power grid.The…
Africa-focused oil and gas company VAALCO Energy has agreed to merge with TransGlobe Energy Corporation in a deal that will see VAALCO acquire all of the outstanding common shares of TransGlobe in a stock-for-stock strategic business combination transaction valued at US$307 million…
Subscribe
