Azule Energy, a joint venture between BP and Eni, has started producing oil through the Agogo floating production, storage and offloading (FPSO) unit, operating at the Agogo Integrated West Hub (Agogo IWH) project, offshore Angola, which involves the development of two fields…
Tullow Oil has completed the sale of its assets in Gabon to the Gabon Oil Company (GOC) for $307 million, exiting the African country after 21 years of operations.The transaction represents the sale of 100% of the shares in Tullow’s subsidiary Tullow Oil Gabon…
French offshore vessel services firm Bourbon has signed a five-year charter agreement with Eni Congo for six next-generation crewboats to support operations on Eni’s offshore fields in the Central Africa country.The agreement includes the deployment of six newly built S200X-G2 crewboats…
BW Energy, together with NAMCOR E&P, has contracted the Deepsea Mira semi-submersible rig for the drilling of the Kharas appraisal well on the Kudu license, offshore Namibia.The drilling operation in the Orange Basin is scheduled for the second half of 2025…
Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies TTEF.PA will restart by the end of the summer, the CEO of the energy contractor said on Thursday.Covered by force majeure since 2021 following insurgent attacks…
Offshore drilling contractor Shelf Drilling has secured work for two of its jack-up drilling rigs in U.K. and Egypt, under new contracts and extensions worth collectively around $35 million.Shelf Drilling has signed a one-year extension for…
Eco Wave Power has signed an agreement with the Africa Great Future Development (AGFDL) to conduct a feasibility study for a potential wave energy power station at the Port of Ngqura, South Africa.The agreement marks Eco Wave Power's first step…
BG International limited, an affiliate of Shell, has made a final investment decision (FID) to develop the Mina West gas discovery in Egypt’s Mediterranean Sea.Shell (60%) will operate the field alongside partner, Kufpec (Egypt) Limited (KUFPEC) (40%)…
TotalEnergies has started production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of production offshore Angola.The start of production from the BEGONIA and CLOV Phase 3 offshore projects leverages ullage in the PAZFLOR and CLOV floating production…
Offshore drilling contractor Transocean has secured four new contracts and extensions for its semi-submersible rigs and drillships during the second quarter of 2025, worth approximately $199 million.During the quarter, Transocean secured a contract extension with Equinor…
The joint venture partners in PEL 79 license, which include the National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, have secured a 12-month extension to the exploration period for offshore blocks in Namibia’s Orange Basin…
The Federal High Court of Lagos in Nigeria has ordered General Hydrocarbons Limited (GHL) to pay $105 million to Oslo-listed offshore drilling firm Dolphin Drilling for the termination of deal for the semi-submersible rig that was hired for operations off Nigeria…
Mozambique has created the necessary conditions for the resumption of TotalEnergies' $20 billion liquefied natural gas project in the country, the country's energy minister was quoted as saying by Portuguese news agency Lusa on Monday.TotalEnergies…
Azule Energy, a joint venture firm between BP and Eni, has made a gas discovery at the Gajajeira-01 exploration well, located offshore in the Lower Congo Basin, Republic of Angola.The well was spudded on April 1, 2025 in a water depth of 95 meters…
Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa's west coast, the company said on Friday.The oil major applied for authorisation last year and plans to drill exploration or appraisal wells…