West African Ventures News


Mozambique and TotalEnergies Restart Stalled $20B LNG Project

Jan 29, 2026

Mozambique and TotalEnergies formally restarted the French energy major's $20 billion liquefied natural gas project in the country at a ceremony on Thursday, nearly five years after it was put on hold following a deadly attack by Islamist militants…

Massachusetts Offshore Wind Project to Resume Construction

Jan 28, 2026

A federal judge on Tuesday allowed Vineyard Wind to resume work on its Massachusetts offshore wind project, which President Donald Trump's administration halted along with four other projects last month.The ruling by U.S. District Judge Brian…

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

Jan 28, 2026

Australian Prime Minister Anthony Albanese and his East Timor counterpart, Xanana Gusmao, on Wednesday said the Greater Sunrise gas project should be developed 'as soon as possible', with Australia pledging a third of its state revenue to its small neighbor…

Chevron-Led Joint Venture Discovers Hydrocarbons Offshore Nigeria

Jan 27, 2026

A joint venture between Nigeria’s state oil company Nigerian National Petroleum Company (NNPC) and Chevron Nigeria Limited (CNL) has confirmed hydrocarbons across multiple reservoir zones following the drilling of the Awodi-07 appraisal and…

Energean Forecasts Lower 2026 Gas Production

Jan 27, 2026

Energean on Tuesday forecast 2026 production of 140-150 thousand barrels of oil equivalent per day (kboed), below last year's numbers, as the gas producer looks to expand operations and boost output amid geopolitical disruptions.Shares of the FTSE-250 company were down 2…

Nigeria Backs Shell’s Bonga South West Oil Project with Fresh Incentives

Jan 23, 2026

Nigerian President Bola Tinubu has approved 'targeted, investment-linked' incentives for Shell's Bonga South West deepwater oil project following a meeting with the company's CEO, Tinubu's office said.The proposed incentives are the latest in…

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Jan 22, 2026

Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Jan 21, 2026

Offshore drilling contractor Seadrill has secured multiple contract awards for its West Capella, West Elara and West Carina drilling rigs across Malaysia, Norway and Brazil.In Malaysia, the ultra-deepwater drillship West Capella secured a well-based contract with an undisclosed operator…

Galp Focuses on Growing Upstream in Brazil, Namibia

Jan 20, 2026

Portuguese energy firm Galp will focus on growing its upstream business from oilfields in Brazil and Namibia and may list parts of its newly formed downstream business in a couple of years, its co-chief executive Joao Diogo Marques da Silva told Reuters on Tuesday…

Wood Lands $65M Contract Extension for Australian Gas Project

Jan 20, 2026

Engineering Wood has secured a two-year contract extension worth up to $65 million with Woodside to continue delivering brownfield engineering, procurement and construction management (EPCM) services across offshore assets at the North West Shelf (NWS) Project in Western Australia…

James Fisher Backs US Autonomous Vessel Firm Ocean Aero

Jan 20, 2026

James Fisher and Sons has invested in U.S.-based autonomous marine technology company Ocean Aero, taking a strategic minority stake as part of Ocean Aero’s Series D funding round.The investment increases James Fisher’s exposure to autonomous…

Grupo Carso Buys Out Lukoil in Ichalkil, Pokoch Oil Fields

Jan 19, 2026

Mexican conglomerate Grupo Carso, controlled by magnate Carlos Slim, will buy out Lukoil to hold a full stake in the Ichalkil and Pokoch offshore oil fields, the firm said in a filing on Monday.In the deal, Grupo Carso will buy Lukoil subsidiary Fieldwood Mexico for $270 million…

ARO Drilling to Roll Out ALTAVE’s AI Monitoring Tool on Nine Jack-Up Rigs

Jan 19, 2026

ARO Drilling, a joint venture between Valaris and Aramco, has signed a multi-year contract with ALTAVE to deploy artificial intelligence (AI)-based video monitoring solution across its fleet of nine offshore jack-up rigs operating in Saudi Arabia…

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Jan 19, 2026

Energy assets investment firm Samos Energy has signed an agreement to acquire the Suksan Salamander floating storage and offloading (FSO) unit from Altera Infrastructure, expanding its offshore asset portfolio in Southeast Asia.The Suksan Salamander…

Vineyard Wind Goes to Court to Block US Government’s Suspension Order

Jan 16, 2026

Vineyard Wind, a nearly completed offshore wind project off the coast of Massachusetts, asked a federal court on Thursday to block the Trump administration's suspension of the industry in federal waters.The filing came the same day a federal…

Current News

QatarEnergy Receives Offshore Exploration License From Libya

Libya Awards First Oil Blocks Since 2007 to Chevron, Eni

TGS Embarks on Multi-Client 2D Survey off Angola

Orbital Marine Grows UK and Canada Tidal Energy Orderbook to 32MW

Subscribe for OE Digital E‑News