Nigerian National Petroleum Corporation (NNPC) has signed a memorandum of understanding (MoU) with Norwegian Golar LNG, an owner and operator of marine LNG infrastructure, to build a floating LNG plant in Nigeria. The MoU was revealed in NNPC’s social media update which noted that the agreement was
BW Offshore has secured a short-term contract extension for one of its FPSOs, which is working at a field located offshore the Ivory Coast.
Xlinks has secured £30 million in funding for the development of what is described as the world’s longest HVDC subsea cable that will link Morocco to the UK. In the early development funding round, £25 million comes from Abu Dhabi National Energy Company PJSC (TAQA) and £5 million from energy techno
In the energy transition blueprint for the sustainable future, hydrogen has carved a niche for itself and is gaining more ground.
Italian oil and gas company Eni has inaugurated the Congo LNG, the country’s first natural gas liquefaction project and one of Eni’s supply diversification initiatives. The President of the Republic of the Congo Denis Sassou Nguesso and the CEO of Eni Claudio Descalzi laid the foundation stone at th
Shelf Drilling has secured a short-term contract for one of its jack-up rigs with an undisclosed company for operations offshore Nigeria.
Panoro Energy has wrapped up the acquisition of 40 per cent shareholding in Sfax Petroleum Corporation (SPC).
As the global maritime industry embarks on a decarbonization journey, a recent survey conducted among industry stakeholders has revealed that the path towards decarbonization will be complex, with a wide range of fuels in the mix through 2050. The survey respondents expect their fleets to run on mul
The “transition” part of the energy transition is beginning to show a more defined shape with each passing day as witnessed in a week behind us that was filled with announcements favoring the net-zero future coming from governments and all the way to private offshore energy companies. Industry major
Panoro Energy has entered into a definitive agreement to acquire its 40 per cent shareholding in Sfax Petroleum Corporation (SPC).
London-based independent E&P company Panoro Energy has received all necessary approvals allowing for the completion of its farm-in to the Kosmos Energy-operated Block S offshore Equatorial Guinea. Panoro has acquired a 6 per cent participating interest in Block S from each of Kosmos Energy and Tride
Wood Mackenzie outlines that upstream operators will focus on capital discipline and carbon mitigation in 2023.
