UK-based offshore services provider James Fisher and Sons has agreed to sell its dive support vessel [Subtech] Paladin.The company has sold the DSV to the Indian offshore services provider Seamec for $17.3 million.'This announcement is in line…
A long-awaited bill to overhaul nearly every aspect of oil and gas production in Nigeria has been presented in both chambers of parliament, which could vote on the package as early as today, members of parliament told Reuters.Legislators have…
Angola has accumulated around $1 billion in debt to western oil companies operating its oilfields, with the bill prompting the African country’s recently launched sale of stakes in its flagship offshore blocs, three industry sources told Reuters…
Nigeria's senate will present a long-awaited oil overhaul bill to the full chamber for passage on Tuesday, according to an order paper seen by Reuters.The president sent the bill to the National Assembly in September last year, and presentation…
Oslo-listed drilling firm Shelf Drilling has secured a contract for the Baltic jack-up rig with TotalEnergies in Nigeria.TotalEnergies local subsidiary Total E&P Nigeria Limited will use the jack-up drilling rig for five wells, plus extension options…
A commercial court in Ghana on Friday ordered that 30% of revenues from an Eni-operated oilfield be placed in an escrow account, granting a request by the local operator of an adjacent field over Eni's objections.Springfield, which operates…
An Italian appeals court on Thursday overturned jail sentences handed down to Nigerian Emeka Obi and Italian Gianluca Di Nardo for their part in a graft case involving Eni and Shell in Nigeria.In a decision taken behind closed doors but read out to reporters afterwards…
Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation's state power company, Senelec, said.The…
Africa-focused oil company Vaalco Energy has signed a contract with offshore drilling firm Borr Drilling for the drilling operations at the Etame block, offshore Gabon.As part of Vaalco's 2021/2022 drilling campaign, Borr Jack-Up XIV, a Borr Drilling company…
Australian oil and gas company Far has hired Stena Drilling's Stena IceMax drillship to drill the Bambo-1 well offshore The Gambia. The well is expected to be spudded in the fourth quarter of 2021.The Bambo-1 well in Block A2 is designed to drill into 3 prospects with a total estimated recoverable…
Aberdeenshire-based Maritime Developments (MDL) has completed a flexible installation project offshore Angola with the Norwegian offshore vessel owner DOF Subsea. An MDL flex-lay spread, consisting of a Second-generation Reel Drive System, 4-track pipelay tensioner…
Norwegian offshore services company Havfram, previously known as Ocean Installer, has won a contract with Technip Energies in Africa.The contract is for the pre-installation and subsequent hook-up of the subsea mooring system for a natural gas…
Panoro Energy has completed the purchase of an additional 10% working interest in the Dussafu Marin permit, offshore Gabon, from Tullow Oil.Following the completion, Panoro-Gabon holds a 17.4997% non-operated working interest in the Dussafu Marin permit…
Malaysian FPSO specialist Yinson has been selected by TotalEnergies, to conduct preliminary Front-End Engineering Design (“pre-FEED”) for two FPSOs to be installed in Block 20/21 in Angola and Block 58 in Suriname. The Angola project FPSO is…
Exxon Mobil has relinquished its 80% interest in Ghana’s Deepwater Cape Three Points offshore block, a spokesman told Reuters on Thursday.“Exxon Mobil is prioritizing near-term capital spend on the most advantaged assets with the lowest cost…