The President of the Republic of the Congo, Denis Sassou Nguesso, and the Chief Executive Officer of Eni, Claudio Descalzi, on Tuesday laid the foundation stone of Congo LNG.This will be the country's first natural gas liquefaction project,…
Jack-up drilling rig contractor Shelf Drilling has secured a short-term contract for Adriatic I jack-up drilling rig for operations offshore Nigeria.The contract is for 90 days and has an estimated value of $11 million, excluding revenues for mobilization and demobilization…
Exxon Mobil Corp. has applied to prequalify for four offshore oil blocks in Liberia, the West African country's state oil regulator said in a statement on Sunday. Once prequalified, Exxon will be invited to negotiate a Petroleum Sharing Agreement for Blocks 15…
Oslo-listed Panoro Energy has acquired Beender Tunisia Petroleum's 40% stake in Sfax Petroleum Corporation AS.SPC through its subsidiaries indirectly owns a 49 percent interest in the producing TPS Assets which comprise five oil field concessions in the region of the city of Sfax…
Oil and gas company Sintana Energy said Friday that over 50% of 3D seismic survey data has been gathered from Petroleum Exploration License 87 (“PEL 87”) and the surrounding area in the Orange Basin offshore Namibia. To remind, Australian oil…
On Friday, Australian oil and gas giant Woodside said that its Sangomar development project offshore Senegal was 82% complete and on target for first oil later this year. Once online, this will be Senegal's first offshore oil project in production…
AFC Equity Investment has agreed to buy Aker Energy, a company working to develop the Pecan oil field offshore Ghana, from Aker Capital and The Resource Group TRG AS.Aker today holds 50.79 percent of the shares in Aker Energy, and TRG holds 49…
Angola expects its oil production to temporarily increase next year on the back of recent private investments in the sector, but output will remain below 1.5 million barrels per day, its finance minister told Reuters on Thursday.Beyond next year…
BW Energy on Monday announced it has achieved first oil from the Hibiscus / Ruche Phase 1 development in the Dussafu license offshore Gabon.'Production performance from the first well has been in line with expectations and is currently stabilized at approximately 6…
Norwegian company Scana said Monday that its subsidiary Seasystems had signed a sizeable contract for the delivery of an anchoring system to an FSO project offshore West Africa.'This is a sizeable contract for Scana, valued close to NOK 50 million [currently around $4…
QatarEnergy has agreed with Shell to acquire a working interest in the C-10 block located offshore Mauritania.Upon the completion of the transaction, QatarEnergy will hold a 40% working interest in offshore block, Shell (the operator) will hold a 50% interest…
Oslo-listed FPSO leasing firm BW Offshore said Friday it had signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien.The FPSO is operating on the Espoir field offshore the Ivory Coast for CNR International.The short…
Oil and gas company BW Energy said Monday it had completed the drilling and completion operations on DHIBM-3H, the first production well of the Hibiscus / Ruche Phase 1 development campaign in the Dussafu license offshore Gabon. 'Responsibility…
BW Offshore has signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A.In January 2023, the contract for Abo FPSO, used for production from the Abo field offshore Nigeria, was extended until the end of March 2023…
The GAP Consortium and Asso.subsea have signed a Memorandum of Understanding (MoU) for cooperation on the two-gigawatt (2 GW) electrical interconnection between Greece and Egypt (Greece-Africa Power Interconnector – GAP).The GAP, founded by the Eunice Energy Group…
Subscribe
