Offshore Africa News - page 6

ABB to Power Total's Mozambique Gas Project

Mar 18, 2021

Power and technology group ABB has won a contract to deliver an end-to-end electrification package for Total's project in Mozambique aimed at developing gas deposits found off the country's coast.The Mozambique LNG project, previously operated by Anadarko…

Nigeria Disappointed as Shell, Eni Acquitted in Oil Block Bribery Case

Mar 17, 2021

The Nigerian government is disappointed with a Milan court's decision on Wednesday to acquit Royal Dutch Shell and Eni as well as several former and current managers of the groups in the oil industry's biggest corruption trial.“The Federal Republic…

Eni, Shell Acquitted in Nigerian Oil Block Graft Case

Mar 17, 2021

A Milan court on Wednesday acquitted energy companies Eni and Royal Dutch Shell along with a series of past and present managers including Eni Chief Executive Claudio Descalzi in the oil industry's biggest corruption scandal.The sentence, read out in court by judge Marco Tremolada…

Court Set to Issue Verdict on Nigerian Offshore Oil Field Corruption Case Involving Shell, Eni

Mar 17, 2021

A Milan court is due to issue a verdict on Wednesday in the oil industry's biggest corruption trial, a case centered around the purchase of a Nigerian oilfield by Eni and Royal Dutch Shell for $1.3 billion a decade ago.After more than three years of proceedings and 74 hearings…

Newly Formed 3t Enermech to Help Train Mozambique Oil Workers

Mar 17, 2021

3t Enermech, an alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has won a contract with the UK Government, 'which will help to shape future training requirements for Mozambique’s growing oil and gas workforce…

Sparrows Bags Three Deals to Maintain Offshore Equipment in Angola

Mar 17, 2021

Sparrows Group, a UK-based engineering and maintenance services specialist for the energy and industrial sectors, has said it has secured one contract renewal and two extensions, 'worth a seven-figure sum,' in Angola to support major operators in the deepwater region…

FAR to Sell Senegal Oil Field Stake to Woodside, as Lukoil, Remus Offers Incomplete

Mar 12, 2021

Australian oil and gas company FAR said Friday it would sell its stake in offshore blocks in Senegal to Woodside, subject to the approval of its shareholders, as proposed company takeover offers made by Remus and Lukoil were incomplete.To remind…

Report: Nigeria Awards Tenders for 57 Marginal Oilfields

Mar 11, 2021

Nigeria's petroleum regulator has provisionally awarded tenders to develop 57 of its marginal oilfields, four sources familiar with the matter told Reuters, which could net the government $500 million in signature bonuses.Provisional award letters…

Egypt: Shell Sells Western Desert Fields to Focus on Offshore Assets

Mar 09, 2021

Oil major Shell has agreed to sell its upstream assets in Egypt’s Western Desert so for US$646 million plus contingent payments, so it can focus on its offshore assets in the country.Shell will sell the Western Desert assets to a consortium…

Total Hires Shearwater for 4D Survey Offshore Angola

Mar 08, 2021

Marine seismic survey company Shearwater GeoServices said Monday it had won a contract with Total E&P Angola for a 4D monitor marine seismic acquisition survey.Irene Waage Basili, CEO of Shearwater said: 'We have seen a notable increase in interest…

TDI-Brooks Wraps Offshore Studies for ExxonMobil, Chevron in Angola

Mar 05, 2021

Offshore services firm TDI-Brooks International has said it has recently completed Environmental Baseline Studies (EBS) for both Chevron's Cabinda Gulf Oil Company and ExxonMobil in Angola.TDI-Brooks deployed the R/V Proteus vessel to blocks…

Eni Hires Fugro for Offshore Surveys in Angola

Mar 02, 2021

Dutch offshore geotechnical survey firm Fugro has said it has won multiple contracts with Eni in Angola for geotechnical and environmental surveys off the coast of Angola between now and May.Fugro said that two of its vessels are currently active in the region…

Tullow Agrees $1.7B Reserve-based Loan with Banks

Feb 26, 2021

Tullow Oil Plc said on Friday it has agreed to a new reserve-based loan of about $1.7 billion with its banks, taking its liquidity to roughly $900 million, including free cash and available debt.The oil and gas company, which has been in talks with creditors…

Vaalco Completes Purchase of Sasol's Stake in Etame Marin Block Offshore Gabon

Feb 26, 2021

Africa-focused oil and gas company Vaalco Energy has completed the acquisition of Sasol's stake in the Etame Marin block offshore Gabon.The acquisition of Sasol's  27.8% working interest in the Etame Marin block has increased Vaalco's working interest to 58…

UTEC Nets Coral Sul Survey Work Offshore Mozambique

Feb 25, 2021

UTEC, an offshore energy survey firm, has won a survey contract in Mozambique to support the development of Eni's Coral Sul ultra-deepwater FLNG development. Under the contract, awarded by oilfield services giant TechnipFMC, UTEC will be responsible for pre-lay surveys…

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