Libya plans to increase gas output to 4 billion standard cubic feet a day over the next three to five years, its oil and gas minister told an energy forum in Bangkok on Tuesday.'We have come to identify huge opportunities for us to increase…
Saipem has been awarded a contract worth about $350 million for subsea work on Azule Energy's West Hub Tails oil project offshore Angola, part of the wider Agogo Integrated West Hub Development.The project is located about 180 kilometers offshore Angola in water depths of up to 1…
Eni Ghana and Vitol have signed two memoranda of understanding (MoUs) with Ghana's government covering two offshore blocks in the Tano Basin, paving the way for the parties to finalize petroleum agreements.The MoUs cover blocks GH WB 3 and GH WB 8…
Saipem and Jan De Nul have signed a letter of intent with ExxonMobil for preliminary work on the offshore portion of the Rovuma LNG Phase 1 development in Mozambique, ahead of a potential engineering, procurement, construction and installation (EPCI) contract…
Senegal plans to offer 109 oil and gas blocks at a roadshow to local and foreign investors, the West African country's energy minister, El Hadji Abdourahmane Diouf, said.Senegal has 113 oil and gas blocks, Diouf said, adding that only four of them are already under contract…
TotalEnergies has made a new oil discovery at Acacia-5 in Angola's Block 17 and expects to bring it into production just three months after the June 2026 discovery, while expanding its exploration portfolio with operated interests in two additional offshore blocks…
ExxonMobil has made a new hydrocarbon discovery at the Vicango East-01 exploration well in Angola’s offshore Block 15, marking the third discovery in the prolific block in the past four years.The well encountered about 25 metres (82 feet) of high-quality…
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract from Azule Energy to supply controls umbilicals for the West Hub Tails project offshore Angola, supporting the transfer of production from the aging Ngoma FPSO to the new Agogo FPSO…
Argentine President Javier Milei said on Thursday he would tighten sanctions on companies involved in oil projects around the Falkland Islands, boost defense resources in the country's south and send Congress a bill aimed at strengthening Argentina's…
Petroleum Marine Services (PMS) has completed the installation of three subsea pipelines for the fourth phase of the Kamose offshore gas field development in Egypt, clearing the way for the installation of three new production platforms.The project…
General Hydrocarbons Limited (GHL) has approached Dolphin Drilling with a non-binding proposal combining a potential deployment of the Blackford Dolphin rig in Nigeria with a cash settlement of a portion of an approximately $105 million arbitration award…
Gas producer Energean is in exclusive talks to buy some of BP's upstream oil and gas assets in Egypt, two people involved in the process told Reuters.The deal, which could raise about $1 billion for BP, includes its stakes in the producing offshore West Nile Delta assets…
Petrobras has entered direct negotiations for exploration contracts covering four offshore blocks in Ghana's Keta Basin after the country's Ministry of Energy and Green Transition approved the company's application.Petrobras said it had submitted…
Chevron said on Monday it had discovered oil and gas condensate at an exploration well in Block 0, offshore Angola, adding to its push to increase production in sub-Saharan Africa through infrastructure-led exploration.Western and southern Africa…