According to Rystad Energy research, the market for floating production, storage, and offloading (FPSO) units almost brushed off the pandemic's effect in 2021, driven mostly by Brazil demand, and is predicted to continue apace in 2022, with 10 new awards expected…
Italian oil company Eni has extended its contract for BW Offshore's Abo floating production storage and offloading (FPSO) vessel for another year.The FPSO's owner BW Offshore said Thursday it has signed the extension with Eni's subsidiary Nigerian Agip Exploration…
Italian offshore energy services firm Saipem has chartered Edda Accommodation's Edda Fides offshore accommodation vessel.The contract, starting in the second half of 2022 is for the Edda Fides' deployment in the Mauritania/Senegal joint maritime…
Singapore-based offshore vessel provider Nortrans has secured a flotel contract with TechnipEnergies to support the hook-up of the giant Coral Sul FLNG unit that has recently arrived in Mozambique after a journey from South Korea where it was built…
A few Angolan spot cargoes changed hands on Thursday, while results from a few tenders were still outstanding.Angola's state oil firm Sonangol sold its last February spot cargo, a Girassol, to Exxon Mobil after offering it at dated Brent plus 50 cents a barrel…
Australian oil and gas company FAR Limited said Thursday its Bambo-1ST1 well offshore The Gambia had not encountered live oil columns and would be plugged and abandoned. Despite the disappointment, FAR said that the well data showed that several target intervals in the well had oil shows…
Royal Dutch Shell's Nigerian subsidiary SPDC has declared force majeure on exports of Nigerian Forcados crude oil after the obstruction of a tanker path by a malfunctioning barge, the company said in a statement.The action came into effect on…
New Fortress Energy has signed a Memorandum of Understanding (MOU) with Mauritania for the development of an Energy Hub, including natural gas, power, liquefied natural gas ('LNG'), and blue ammonia, using existing offshore gas reserves off the coast of Mauritania…
Offshore drilling firm Vantage Drilling has agreed to sell its subsidiary Emerald Driller Company (“EDC”) to ADES for $170,000,000 in cash subject to certain adjustments. EDC is the owner of the Emerald Driller jackup rig, which is operating in Qatar…
Jack-up drilling rig contractor Borr Drilling has won a contract with BW Energy for its jack-up drilling rig Norve for work in Gabon. The contract is scheduled to start in the second half of 2022 after the completion of the rig's current contract…
BP's floating, production, storage, and offloading vessel (FPSO) for the Greater Tortue Ahmeyim gas project offshore West Africa is expected in Senegal waters for commissioning and testing by the end of 2022, a company executive said on Friday…
Africa needs harmonized oil legislation to avoid ruinous competition among its oil-producing nations as they vie for investors, Senegal's President Macky Sall told an oil conference on Thursday.Sall said that as some developed nations push for an end to investments in fossil fuels…
Greater Tortue Ahmeyim, the Kosmos and BP-backed gas project straddling Mauritania and Senegal, has resumed activities and is making 'good headway,' Mauritania's oil minister told an oil conference in Senegal on Thursday.'We have resumed our activities…
An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil and 17.5 million cubic feet of gas, the Ivorian government said on Wednesday.Production will then ramp up in 2026 to between 75…
Stena Drilling's semi-submersible drilling rig Stena Don has arrived in Morrocan waters where it will immediately start drilling at Chariot's Anchois gas development in the Lixus license.Operations to drill the Anchois-2 gas appraisal & exploration…
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