Brazilian oil company Petroleo Brasileiro SA has chosen a bid from Warburg Pincus-backed Trident Energy as the winner in a final 're-bid' for two offshore oilfields, three sources with knowledge of the matter said.Petrobras, as the Brazilian state-run oil company in known…
Brazil's Petroleo Brasileiro SA is scheduled to hold a final 're-bid' for two oilfields off the coast of Rio de Janeiro on July 8, four sources told Reuters this week, after the state-run oil firm annulled a previous bidding round.Among the…
Anglo-French oil and gas company Perenco has expanded the scope of its support contract with Servelec Controls, the control, safety and information systems provider, in the southern North Sea of the United Kingdom.Servelec has been providing service…
The offshore oil and gas industry service provider LOC Group has been hired by jack-up rig contractor Borr Drilling for Marine Warranty Surveyor (MWS) services, which commenced on Borr’s Norve and Frigg rigs, currently located in West Africa…
Despite the lingering volatility of global commodity prices, Africa's offshore oil and gas industry has continued to expand, albeit not as fast, opening up more market opportunities for floating production storage and offloading (FPSO) vessel manufacturers and suppliers…
Petrobras says it reached a USD370mln deal with Perenco to sell its operations in the Polo Nordeste and granted oil 3R Petroleum a 40-year concession to operate 34 oil fields in Bacia Potigar in a deal worth USD453mln.According to a press release…
Brazil's state-controlled oil company Petroleo Brasileiro SA said Wednesday it had signed agreements to cease participation in several oil fields in Brazil's northwest region.The company said it had reached a $370 million deal with Perenco to cease its operations in the Polo Nordeste…
Independent Oil and Gas (IOG) has signed a letter of intent and consultancy master services agreement (CMSA) with Schlumberger in relation to development of its two Southern North Sea gas hubs, the Blythe Hub and the Vulcan Satellites Hub…
OMV and Perenco have closed a deal that makes Perenco part owner of independent oil and gas company Serept, as well as the Ashtart oil field offshore Tunisia. Ashtart. Image from OMV. The…
Independent Oil and Gas has agreed to acquire the recently decommissioned Thames Gas Pipeline in the southern North Sea for a nominal consideration from Perenco, Tullow Oil and Centrica. The pipeline will provide a proposed export route for IOG’s southern North Sea assets…
Oil major Total has agreed to sell stakes and transfer operatorship in a number of fields offshore Gabon to French independent Perenco. The deal includes the sale of Total's 100%-owned affiliate Total Participations Petrolières Gabon…
French independent Perenco has acquired a 70% interest in the Teak, Samaan and Poui Block (TSP) in Trinidad and Tobago. The interest in the fields, offshore south east of Trinidad, has been bought from Repsol E&P T&T, a subsidiary of Spain's Repsol…
BP has begun drilling a potential carboniferous gas play in southern North Sea block 43/26a that, if successful, could open up a new phase of development in the region, the supermajor announced 5 December. The well, being drilled with partners Perenco and Premier…
Golar LNG’s Cameroon floating liquefied natural gas (FLNG) has a start date of 2Q 2017 offshore Africa, after receiving final approval by all parties of the Gas Convention. Image from Golar LNG…
Golar LNG, national oil firm Societe Nationale de Hydrocarbures (SNH) and French independent Perenco have agreed the commercial terms for the Africa's first floating LNG (FLNG) project. The project will be the first FLNG export project…
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