Saipem wins offshore drilling contracts in Middle East and West Africa
Italian energy contractor Saipem (BIT: SPM) has won new offshore drilling contracts in the Middle East and West Africa worth over $400 million.
Offshore
Bowleven warns of complexity, financial strain on path to Etinde
Bowleven has warned that the final investment decision (FID) for Etinde is expected in late 2022 but that it will need to raise financing.
Tullow emissions rise on Ghanaian flaring
Tullow Oil increased emissions in 2021 amid delays in installing gas capturing equipment offshore Ghana.
Eni scales up Ndungu find to billion barrels
Eni believes its Ndungu field could hold 800 million to 1 billion barrels of oil equivalent in place.
Vaalco picks DOF Subsea for FSO switchover work
Vaalco Energy has contracted DOF Subsea to carry out subsea construction and installation work to allow it to go ahead with swapping in a floating storage and offloading (FSO) vessel in Gabon.
BP, Eni to combine Angolan assets in new joint venture
BP and Eni have reached an agreement to combine their Angolan businesses in a 50:50 joint venture.
South Africa’s DMRE flies the flag for hydrocarbons
South Africa has made clear it is not moving away from hydrocarbons in the near term, talking up exploration plans and gas imports, in addition to scope for new coal generation.
Eco completes Azinam purchase, eyes Q3 drilling
Eco Atlantic Oil & Gas has completed its acquisition of Azinam Group, setting the stage for drilling offshore South Africa late this year.
Tullow flexes positive plans on improved optimism
Amid higher oil prices, Tullow Oil is beginning to scale up its growth plans once more, raising near term possibilities for drilling around TEN and further out plans for gas and Kenya.
Qatar pledges training help for Namcor following major finds
QatarEnergy (QE) has signed up to support Namcor, following two high-profile discoveries in the Southern African state.
South African court knocks back Searcher Seismic again
The Western Cape High Court has confirmed Searcher Seismic cannot go ahead with its data acquisition plans off the west coast of South Africa.
Eni starts up Ndungu on Block 15/06
Eni has begun producing at the Ndungu project in Angola’s Block 15/06.
TotalEnergies makes significant splash at Venus
TotalEnergies has made a “significant” discovery at the Venus 1-X well, offshore Namibia.
Panoro focuses on development in 2022
Panoro Energy more than tripled its production in 2021, to 7,582 barrels per day of oil.
Perenco extinguishes platform blaze with no damage
Flames broke out on a walkway yesterday in a dramatic display for Perenco, offshore Congo Brazzaville.
Eco firms up Azinam deal amid Graff fervour
Eco Atlantic Oil & Gas has signed a definitive agreement to acquire Azinam Group, focused on the emerging areas off South Africa and Namibia.
South African court freeze seismic shoot in hot Orange Basin
A South African court has halted a seismic shoot by Searcher Seismic offshore South Africa’s west coast.
NUPRC launches investigation into Trinity Spirit fire
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has launched an investigation into the Trinity Spirit disaster.
FPSO in flames offshore Nigeria
A production vessel offshore Nigeria appears to have been gutted in a fire that broke out overnight.
Craig International bouncing back from Covid blow
New contracts worth £35 million are helping Aberdeen firm Craig International bounce back after a Covid-hit year of losses.
Greenpeace floats boom as short-term FSO Safer response
Greenpeace has called for the FSO Safer to be isolated with a boom as a short-term measure to prevent an ecological disaster.
Report: Shell scores big find off Namibia
Shell’s Graff-1 well has made a “significant” discovery offshore Namibia, Reuters has reported citing three industry sources.
Impact owner dismisses seismic worries as “poppycock”
Concerns about the impact of seismic surveys on local marine wildlife are “poppycock”, one of the companies involved has said.
DP World wins another round against Djibouti on Doraleh
DP World has won another court case against Djibouti, on the Doraleh terminal, in London, while also pursuing a Chinese company on the issue.
Libya’s Elephant returns, as Es Sider goes offline
Poor maintenance at export facilities has driven Libya to shut in exports from the Es Sider terminal, compounding weather-related woes.