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…
Tullow Oil shareholders on Thursday approved the sale of the company's assets in Equatorial Guinea to Oslo-listed Panoro Energy.As announced in February, Tullow agreed, subject to certain conditions, to sell its subsidiaries with assets in Equatorial…
UK-based subsea technology and services specialist Ashtead Technology said Thursday it had entered into a cooperation agreement with Angola-based inspection and asset integrity company, OAP, and revealed that the partnership had already completed a mooring inspection gig for Total in Angola…
Power and technology group ABB has won a contract to deliver an end-to-end electrification package for Total's project in Mozambique aimed at developing gas deposits found off the country's coast.The Mozambique LNG project, previously operated by Anadarko…
The Nigerian government is disappointed with a Milan court's decision on Wednesday to acquit Royal Dutch Shell and Eni as well as several former and current managers of the groups in the oil industry's biggest corruption trial.“The Federal Republic…
A Milan court on Wednesday acquitted energy companies Eni and Royal Dutch Shell along with a series of past and present managers including Eni Chief Executive Claudio Descalzi in the oil industry's biggest corruption scandal.The sentence, read out in court by judge Marco Tremolada…
A Milan court is due to issue a verdict on Wednesday in the oil industry's biggest corruption trial, a case centered around the purchase of a Nigerian oilfield by Eni and Royal Dutch Shell for $1.3 billion a decade ago.After more than three years of proceedings and 74 hearings…
3t Enermech, an alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has won a contract with the UK Government, 'which will help to shape future training requirements for Mozambique’s growing oil and gas workforce…
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