A joint venture between McDermott, Saipem and Chiyoda, has reached full agreement for a contract with Anadarko Petroleum Corporation for the Mozambique Area 1 Liquefied Natural Gas (LNG) Development, McDermott International announced on Wednesday…
Italian supermajor Eni announced Tuesday it has signed contracts for a pair of new exploration blocks in the eastern part of the sedimentary basin offshore Ivory Coast. The two blocks were among 20 available at the end of 2018.The two blocks…
Italian oil and gas company Eni has made the fifth oil discovery in one year in Block 15/06, through the Agidigbo-1 NFW well in Angola's deep offshore.It follows the discoveries of Kalimba, Afoxé, Agogo and Ndungu. The five discoveries altogether are estimated to contain up to 1…
A group of opposition politicians in Senegal called on Monday for an investigation of the history of two major offshore gas blocks run by BP after a report alleging fraud involving President Macky Sall's brother Aliou Sall.The British Broadcasting…
BP said on Monday it has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil, as part of the supermajor’s plan to divest more than $10 billion in global assets over the next two years.Under the terms of the deal…
Israel's Delek Drilling hopes to begin commercial sales of natural gas to Egypt by the end of the month, a senior company executive said on Sunday.Delek Drilling and its partner Noble Energy signed a landmark deal early last year to export $15…
South Africa continues to make progress in its endeavor to woo increased investment in the country’s highly under-developed offshore oil and gas market as the government’s slow and delayed plan to make cuts on crude oil imports begins to take shape…
Eni announced Wednesday it has gained rights to explore and develop three deepwater offshore blocks offshore Mozambique.Through a farm-in agreement, signed with ExxonMobil Moçambique Exploration & Production Limitada and authorized by Mozambican institutions…
Occidental Petroleum snatched up some of the richest shale oilfields in Texas when it beat out rival Chevron Corp in a bidding war to acquire Anadarko Petroleum.It also quadrupled its debt - to $40 billion - at a time when investors are calling for spending cuts and higher dividends…
Ivory Coast has awarded four new offshore oil and gas blocks, two to France's Total and two to Italy's ENI, government spokesman Sidi Toure said on Wednesday.Ivory Coast, the world's top cocoa producer, is seeking to develop it long-neglected oil sector…
Sierra Leone has put on a brave face and announced a rehashed package for bidders interested in taking part in its fourth hydrocarbons licensing round that was suddenly put on the ice in September 2018 after a new administration took charge…
Independent Angolan diving services company OCTOMAR Serviços Marítimos Limitada has taken delivery of a new Fast Crew Supplier (FCS) 2206, its first vessel from the Damen Shipyards Group.The vessel was selected for its ability to undertake a variety of roles…
Geoservices company Shearwater GeoServices has confirmed the award of a high-density multi-azimuth 3D seismic acquisition contract over the SNE field offshore Senegal by Woodside.The contract covers the Sangomar, Sangomar Deep and Rufisque Offshore blocks…
Nigeria’s upstream regulatory hiccups continue to take toll on planned offshore exploration and production schedules as some private investors are stuck with their work programs for lack of clarity on key upstream mergers and acquisition procedures…
Eni has made a new light oil discovery near its West Hub facilities in the deep waters offshore Angola, the Italian supermajor announced on Tuesday.The well, drilled on the Ndungu exploration prospect in Block 15/06, is estimated to contain up to 250 million barrels of light oil in place…
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