Tullow Oil has lost an arbitration over a $196.5 million corporate income tax assessment in Ghana after an International Chamber of Commerce tribunal ruled that the assessment did not breach the company's Petroleum Agreements.The assessment…
OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has been secured a contract by ExxonMobil to supply subsea production systems for the first phase of the offshore Rovuma LNG project in Mozambique.The contract, awarded by…
Mermaid Maritime has established a joint venture with Nigerian oilfield services company Marine Platforms Limited to pursue subsea work for TotalEnergies Nigeria and other oil and gas operators in the country.The new company, Mermaid Subsea Services Limited…
Noble Corporation has secured a contract by Tullow Oil for the Noble Faye Kozack drillship for a drilling campaign offshore Ghana.The work will include up to 10 wells off Ghana, with the campaign expected to start in mid-2027.“This award reflects…
TotalEnergies and AMNI have taken a final investment decision on the Ima gas development offshore Nigeria, targeting production of 350 million cubic feet per day from 2028 to supply the Nigeria LNG liquefaction plant.TotalEnergies will operate the project with a 40% interest…
Namibia has selected TotalEnergies bidding group to supply the country's bulk diesel and petrol needs for a three-month period from November to January, energy minister Modestus Amutse said late on Monday.The Southern African country earlier…
Bounty Oil & Gas has agreed to acquire PetroQuest Liberia Deep Water, giving it a pathway to an interest in deepwater Block LB-32 offshore Liberia, while raising about $2.5 million (A$3.55 million) to advance the acquisition and exploration work…
Transocean has been awarded a two-well contract for its Deepwater Conqueror ultra-deepwater drillship in Equatorial Guinea, adding about $80 million to the offshore driller's backlog.The approximately 170-day campaign with an undisclosed operator is expected to begin in 2027…
Petrobras, through its wholly owned subsidiary Petrobras Netherlands (PNBV), the Republic of Côte d’Ivoire and PETROCI Holding signed Production Sharing Contracts (PSCs) for eight offshore exploration blocks located in Côte d’Ivoire.The PSCs cover offshore blocks CI-513…
Senegal and Eni have signed a memorandum of understanding for the energy company to evaluate the oil and gas potential of five offshore blocks as the government seeks to revive exploration and attract new upstream investment.The agreement, signed…
Libya plans to increase gas output to 4 billion standard cubic feet a day over the next three to five years, its oil and gas minister told an energy forum in Bangkok on Tuesday.'We have come to identify huge opportunities for us to increase…
Saipem has been awarded a contract worth about $350 million for subsea work on Azule Energy's West Hub Tails oil project offshore Angola, part of the wider Agogo Integrated West Hub Development.The project is located about 180 kilometers offshore Angola in water depths of up to 1…
Eni Ghana and Vitol have signed two memoranda of understanding (MoUs) with Ghana's government covering two offshore blocks in the Tano Basin, paving the way for the parties to finalize petroleum agreements.The MoUs cover blocks GH WB 3 and GH WB 8…
Saipem and Jan De Nul have signed a letter of intent with ExxonMobil for preliminary work on the offshore portion of the Rovuma LNG Phase 1 development in Mozambique, ahead of a potential engineering, procurement, construction and installation (EPCI) contract…
Senegal plans to offer 109 oil and gas blocks at a roadshow to local and foreign investors, the West African country's energy minister, El Hadji Abdourahmane Diouf, said.Senegal has 113 oil and gas blocks, Diouf said, adding that only four of them are already under contract…
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