Tullow Oil has signed a production sharing contract (PSC) for Ivory Coast's offshore exploration license CI-803.Tullow will operate the license with 90% equity, with the remaining 10% held by PetroCi. The CI-803 offshore block covers an area of 1…
Oslo-listed offshore drilling rig owner Northern Ocean has won a contract with TotalEnergies for its Deepsea Mira semi-submersible drilling rig to be used in a 'multi-country' drilling program.Starting in the middle of the second quarter of 2023…
MTN South Africa and MTN GlobalConnect, in partnership with a consortium, have landed a 45,000-kilometer subsea cable in South Africa, part of plans to build a subsea network to connect African countries to Europe and the Middle East.Africa's…
Northern Ocean Ltd's semi-submersible drilling rig, Deepsea Bollsta, has arrived in Namibia and started its contract with Shell.The contract for the 2019-built offshore drilling rig has a firm duration of twelve months. Shell will have the option to extend it for another six months…
Wah Seong Corporation's Singapore-based subsidiary, WS Engineering & Fabrication Pte. has won a contract to build FPSO topside modules from Malaysian FPSO supplier Yinson.The contract is worth around $127 million.According to Wah Seong, the scope of work of the contract involves engineering…
Israel-based oil and gas exploration and production company NewMed (ex-Delek Drilling) said Tuesday it had signed agreements to explore for hydrocarbons offshore Morocco.NewMed and Adarco signed agreements for oil and gas exploration and production…
Oil and gas company Perenco has said it has discovered oil in the Tchibeli North East pre-salt Vandji exploration prospect on the Perenco-operated PNGF Sud license, offshore Congo.Perenco said that good oil and gas shows were recorded on entry into the reservoir…
Malaysian FPSO leasing company Yinson has agreed to start preliminary activities for the provision of an FPSO for Eni, BP JV in Angola, called Azule Energy.Under the agreement with Azule Energy, Yinson will kick off preliminary activities for the provision…
Capricorn Energy's move to ask shareholders for permission to bolster its options for payouts could pave the way for an alternative to its planned merger with NewMed, top-three Capricorn shareholder Palliser told Reuters. Palliser is one of…
The Egyptian Natural Gas Holding Company has awarded BP stakes in two exploration blocks in the Mediterranean Sea, off the coast of Egypt. The Northwest Abu Qir Offshore Area - in which BP, as the operator, holds 82.75% and Wintershall-Dea holds 17…
Australian oil and gas company Woodside on Tuesday announced the completion of the construction phase for the floating production storage and offloading (FPSO) facility which will be deployed at the Sangomar field offshore Senegal. This will be Senegal's first offshore oil production unit…
Exxon Mobil Corp will wind down oil production in Equatorial Guinea and leave the West African country after its license expires in 2026, two sources close to the matter told Reuters. The departure reflects a wider move by major oil producers…
Europa Oil & Gas has decided to give up its Inezgane license offshore Morocco after failing to secure a farm-in partner to drill an exploration well in the block.The Moroccan authorities had, in October 2020, given the company more time to complete the technical work program at the license…
Oslo-listed subsea services company Reach Subsea said Tuesday it had signed a conditional letter of agreement for a significant project in West Africa, through which Reach Subsea will be a subcontractor to 'a major tier-one contractor. 'The…
Offshore drilling contractor Valaris announced on Monday that its drillship VALARIS DS-12 has been awarded a contract to drill four wells for BP offshore Egypt.The contract is expected to commence late in the third quarter or early in the fourth…
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