UK-based oil and gas company IOG said Monday that production from its recently launched Blythe and Elgood gas fields in the UK North Sea has been shut-down due to Perenco Bacton terminal's issues with handling the fields' condensate.Blythe and Elgood…
Anglo-French oil company Perenco has declared force majeure for 150 days following a leak at its Cap Lopez oil terminal in Gabon last week, a company spokesperson said on Friday.Overall production shut down is estimated at 50,000 barrels of oil per day…
Anglo-French oil company Perenco has shut its Cap Lopez oil terminal near Port Gentil in Gabon after a storage tank leaked more than 300,000 barrels of oil, it said in a statement.The oil, which amounts to more than Gabon's daily crude output…
UK-based oil and gas firm IOG plc has informed that the onshore reception facilities for its Saturn Banks project development have been successfully commissioned, in what is the final step to first gas from its Southern North Sea gas fields…
UK North Sea-focused oil and gas company IOG said Monday that the production start-up from its Blythe and Elgood gas fields in the Southern North Sea would be delayed as the stormy weather had affected the works on the reception facilities at the Bacton Terminal…
French oil major TotalEnergies has completed the sale of the Cap Lopez Terminal and non-operated offshore field in Gabon to Perenco.'After receiving the approval of Gabonese authorities, TotalEnergies announces the closing of its agreement…
Japan-based oil and gas firm Inpex has said it has sold its stake in an offshore block in D. R. Congo, from which it produced oil since 1975. An expected significant decline in production is the reason for the sale, Inpex said.Inpex has sold its shares in Teikoku Oil (D…
DP World's subsidiary Drydocks World Dubai has started converting an Aframax tanker capable of carrying 700,000 barrels of oil to a Floating Storage and Offloading Unit (FSO) for Dixstone, part of Perenco.As part of the extensive modification and life extension work at the FSO Pargo project…
Oil and gas company Perenco and Cameroon's national oil firm SNH have agreed with Golar LNG to increase the utilization of the FLNG Hilli Episeyo - Africa's first FLNG in operation and the world’s first converted FLNG. The Hilli Episeyo FLNG…
Africa-focused oil and gas company Vaalco Energy has agreed to buy Sasol's 27.8% interest in the Etame Marin block, and a 40% stake in Block DE-8, offshore Gabon. Vaalco said that the acquisition would almost double its total production and reserves…
Boskalis Subsea Services, a subsidiary of the Dutch marine services giant Boskalis, on Monday said it had completed work on a North Sea pipeline as part of a 'multi-million-pound' contract awarded to it by Perenco. The Aberdeen-based company mobilized the dive support vessel (DSV) the Boka Da Vinci…
French oil major Total has struck a deal with Perenco to sell its interest in seven offshore oil fields in Gabon.Total said Thursday that its 58% owned affiliate Total Gabon had signed an agreement with Perenco to divest its stakes in seven mature non-operated offshore fields…
Petrobras has delayed the submission of binding offers for an oilfield cluster known as Polo Garoupa for the fourth time, two sources with knowledge of the matter told Reuters, as investor appetite in Brazil's offshore oil sector rapidly dries up…
UK-based Rever Offshore has said it has won 'a major' contract win with Perenco the Southern North Sea.The company said the contract was a multi-million-pound one, but did not provide the exact value.According to Rever Offshore, the award is…
Fred. Olsen Windcarrier’s jack-up vessel Blue Tern has recently completed the offshore works related to decommissioning of two gas platforms for Perenco UK Limited. Fred. Olsen Windcarrier said this week that the work had been done in during the second week of January…