Egyptian oil and gas company Petrobel, a joint venture between EGPC and Eni, has awarded a two-year contract to marine engineering consultancy LOC for the provision of marine warranty services to support Petrobel’s offshore assets.LOC, part of AqualisBraemar LOC Group…
Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. Eni said Tuesday that the well was drilled on the Cuica exploration prospect located inside the Cabaça Development Area and close to the Armada Olombendo FPSO (East Hub)…
Qatar Petroleum has signed a deal with oil major Shell to become a partner in two exploration blocks offshore Namibia.Under the deal, for which financial details were not disclosed, Qatar Petroleum will hold a 45% participating interest in the…
Oil and gas company Tullow Oil on Tuesday said it was starting a multi-year, multi-well drilling campaign offshore Ghana.The campaign started with the start of drilling of the first well at the Jubilee offshore field on Monday.Maersk Drilling's…
The conversion of a VLCC into an FPSO bound for Woodside's Sangomar project in Senegal has recently kicked off in China, the Australian oil firm said in a recent report.The 323 meters-long very large crude carrier (VLCC) Astipal in February arrived in China…
A boat carrying more than 1,000 survivors of a highly organized, deadly attack by Islamic State-linked insurgents in northern Mozambique arrived in the port of Pemba on Thursday, a Reuters reporter and a diplomatic source said.Aid workers were…
Russian oil company Lukoil has decided not to launch a binding takeover offer for Australian oil firm FAR, which owns a share in the Sangomar field offshore Senegal.FAR had in February received a conditional non-binding indicative proposal from Lukoil to acquire the shares of FAR at 2…
Oil and gas company Tullow Oil has completed the sale of its assets in Equatorial Guinea to Panoro Energy, from which it had earlier on Wednesday received a payment of $88.8 million.The transaction also includes contingent cash payments of up…
Africa-focused oil firm Tower Resources has received an extension of the first exploration period at its Thali license offshore Cameroon.It said Wednesday that the Government of the Republic of Cameroon had notified its subsidiary in Cameroon…
Norwegian marine seismic data company PGS has said it has won a contract for a high-fidelity 3D exploration program by a supermajor offshore Egypt. Without sharing the identity of the client, apart from saying it is a supermajor, PGS said Tuesday…
An Italian judge accepted on Thursday a request filed by energy group Eni with prosecutors to pay 11.8 million euros ($14 million) to settle an investigation into oil permits in Congo Republic.'Eni reiterates that is pleased that the Milan Court…
Total will gradually resume construction at its $20 billion liquefied natural gas development in northern Mozambique after working with the government to increase the site's security, the French oil major said in a statement on Wednesday.Total…
Bureau Veritas (BV), a testing, inspection, and certification body, has completed the classification of the Torman LNG floating regasification unit (FRU) at Tema port, Ghana in sheltered waters.The unit is combined with a floating storage unit (FSU) for the delivery of gas to onshore consumers…
Africa-focused oil and gas firm Vaalco Energy said Friday its Chief Financial Officer Elizabeth Prochnow has elected to retire effective March 31, 2021. Vaalco said that Prochnow's departure was not related to any issues regarding strategy…
Italian energy group Eni has filed a request with Milan prosecutors to pay 11.8 million euros ($14 million) to settle an investigation into oil permits in Congo Republic, two sources familiar with the matter told Reuters on Thursday.The sources…
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