Congo News


Exmar Pens LNG Carrier Deal with Eni. Closes Tango FLNG Sale

Sep 12, 2022

Belgian shipowner Exmar said on Friday it had signed a 10-year charter deal for the liquefied natural gas (LNG) vessel Excalibur with Eni as the Belgian shipowner closes the sale of its Tango LNG barge to the Italian energy group.The squeeze on oil and gas imports from Russia…

Eni Buys Exmar's Tango FLNG for Use in the Congo

Aug 05, 2022

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…

Afentra to Buy Further Stake in Shallow-water Area Offshore Angola

Jul 19, 2022

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…

OBITUARY - Jose Eduardo dos Santos: Won Angola's War and Took the Spoils

Jul 08, 2022

José Eduardo dos Santos, who ruled Angola for nearly four decades, winning a brutal civil war and overseeing an oil-fuelled boom that did little to alleviate poverty, died on Friday. He was 79 years old.The presidency said Dos Santos died at the Barcelona Teknon clinic…

Demand for FSRUs Soars as Europe Works to Cut Reliance on Russian Gas

Jun 21, 2022

Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas. FSRUs increasingly are in demand to fill the gap.Following Russia's invasion of Ukraine, European countries have escalated efforts to wean themselves off Russian gas…

West Africa Market Harbors Positive Potential for MODU Operators

Jun 14, 2022

The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI).Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices…

TotalEnergies Launches Global Drone-based Methane Inspection Campaign on All Upstream Assets

May 16, 2022

French oil major TotalEnergies said Monday it had launched a worldwide drone-based emissions detection and quantification campaign across all its upstream oil & gas operated sites, to identify, quantify, and reduce methane emissions linked to its operations…

Afentra to Buy Into Two Offshore Blocks in Angola

Apr 28, 2022

Oil and gas company Afentra plc, led by former Tullow CEO Paul McDade, has signed an agreement with Angola's Sonangol to buy interests in Block 3/05 and Block 23, offshore Angola.Afentra will pay $80 million and could also pay contingent payments…

New Fortress Energy Plans to Build Offshore LNG Export Project in Louisiana by Q1 2023

Apr 01, 2022

U.S. energy company New Fortress Energy Inc said on Thursday it filed with federal regulators to build an offshore liquefied natural gas (LNG) export project off Louisiana that could enter service as soon as the first quarter of 2023.That is…

TotalEnergies, Inpex Sell Angolan Subsidiary Angola Block 14 B.V.

Jan 17, 2022

TotalEnergies and Inpex have agreed to sell their Angola Block 14 B.V. subsidiary to the Angolan Company Somoil for an undisclosed price.Angola Block 14 B.V., owned by TotalEnergies Holdings International B.V. (50.01%) and Inpex Angola Block 14 Ltd (49…

PetroNor CEO Arrested. Interim CEO Named

Dec 16, 2021

Knut Søvold, CEO of the Oslo--listed oil and gas company PetroNor E&P, has been arrested as part of a criminal investigation in Norway.This was shared by PetroNor E&P on Thursday, a day after the company said that the National Authority for…

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