Congo News

 

Esgian Week 19 Report: New Offshore Acreage Offered

May 12, 2024

Esgian reports another busy week filled with a variety of updates, including new offshore acreage offered in the UK, Norway and Nigeria, in its Week 19 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a direct…

Esgian Week 17 Report: New Contracts for the North Sea

Apr 28, 2024

Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator…

Trident Energy Enters Congo’s Oil and Gas Sector with Chevron and TotalEnergies Deals

Apr 25, 2024

U.K.-based oil and gas company Trident Energy has strengthened its presence in Africa through an agreement with Chevron to acquire its share in several fields offshore Congo, in addition to the earlier deal made with TotalEnergies.Trident Energy…

TotalEnergies Grows Stake in Giant Moho Field Offshore Congo

Apr 24, 2024

TotalEnergies has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale its 53.5% interest in the Nkossa and Nsoko II licenses offshore Congo.TotalEnergies…

PetroNor E&P Strikes Oil at Congo’s PNGF Sud Field Well

Apr 11, 2024

Oil and gas company PetroNor E&P has encountered oil bearing sandstones in a new well drilled by Dixstone Drilling’s Axima jack-up rig at Perenco-operated PNGF Sud field, offshore Congo.The Axima rig started drilling the new Tchibeli North East infill well on February 8 2024…

Eni Wraps Up Sale of Non-Core Congo Assets to Perenco

Mar 13, 2024

Italian oil and gas giant Eni has concluded the sale of its participation interest in several upstream permits in Congo to Perenco, as it shifts focus on its major developments in the country.Eni and Perenco did not disclose any additional details regarding the value of the deal…

Congo’s First LNG Cargo to Set Sail in Coming Days

Feb 27, 2024

The first LNG cargo from Eni's Congo LNG project is currently being loaded and will sail to Piombino’s regasification terminal in Italy in the coming days.With the first cargo, the Republic of the Congo enters the group of LNG exporting countries…

TotalEnergies Pays $199M for Tungsten Explorer Drillship Buy-In

Feb 07, 2024

French energy major TotalEnergies and offshore drillship operator Vantage Drilling have signed a binding agreement to create a new joint venture (JV) that will acquire from Vantage the Tungsten Explorer drillship.Pursuant to the terms of the agreement…

Esgian Week 3 Report: Drilling Units on the Move

Jan 19, 2024

No new drilling contracts were announced, but a Borr Drilling jackup has left Singapore, while a Shelf Drilling unit is preparing to embark on its journey to the same destination, according to Esgian’s Rig Analytics Market Roundup (Week 3).Drilling…

Esgian Week 1 Report: Rig Swaps and Indian Acreage

Jan 08, 2024

As is tradition, the first week of January is generally quiet in the offshore market. However, Esgian reports that there were still some noteworthy updates related to new contracts, drilling activities, and rig moves.ContractsAfter a bidding…

PetroNor Advances Its Oil and Gas Developments in Africa

Jan 02, 2024

Oil and gas company PetroNor E&P ASA has confirmed the completion of the Guinea Bissau farm-out transaction with Apus Energy DMCC for exploration licenses offshore Guinea-Bissau, and secured license for PNGF Bis in Congo.Over the Christmas holiday period…

First Gas Starts Flowing into Tango FLNG in Congo

Dec 28, 2023

Italian oil giant Eni has started the introduction of gas into the Tango floating liquefied natural gas (FLNG) unit moored in Congolese waters.Gas introduction has been achieved in record time - only twelve months after the final investment decision…

What to Watch in '24: Global Exploration Outlook

Dec 27, 2023

Industry continues chasing big oil, key gas targets also on the radarGlobal exploration drilling is set for a boost in 2024 – we have line of sight on over 200 wells targeting over 30 bnboe of resource (unrisked). Several gas hotspots are on the industry agenda…

Angola, Nigeria Target Higher Oil Output Amid OPEC+ Talks

Nov 23, 2023

African members of OPEC+ producer group Angola and Nigeria are aiming for higher oil output, officials told Reuters on Thursday, as the countries are locked in talks with the group about their production quotas for next year.The comments came…

Tango FLNG and Excalibur FSU Set to Begin Journey from Dubai to Eni's Congo LNG Project

Oct 23, 2023

The sailaway ceremony for the Tango floating liquefied natural gas (FLNG) unit and Excalibur floating storage unit (FSU) was held Saturday to mark the vessels' sail away from Dubai to Congo, where they will serve Eni's Congo LNG project, whose first phase will start in December 2023…

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