Norwegian energy data and intelligence company TGS has signed a letter of intent (LoI) with a subsidiary of Libya’s National Oil Corporation (NOC) for the expansion of multi-client data activities in Libya. The deal, signed with North Africa Geophysical Company (NAGECO), is said to establish a frame
The European Commission has approved a €9.56 million grant for the preparation of further studies for a 3 GW electrical interconnection that will link Greece’s and Egypt’s power systems. Being developed by Elica Interconnector S.M.S.A, a member of the Copelouzos Group, the GREGY Project will transfe
France’s energy giant TotalEnergies has hit the reset button for the construction of a multibillion-dollar liquefied natural gas (LNG) development off the coast of Mozambique. The reignition comes almost five years after the project was put on ice, with force majeure declared in April 2021.
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has taken into its fold five premium jack-up rigs, which used to be part of the U.S.-headquartered Noble Corporation’s fleet.
Technip Energies has engaged in talks with Egypt’s government to establish a new company with two Egyptian firms, Enppi and Petrojet, to execute major projects and export engineering and contracting services.
SBM Offshore is keeping Brazil and Guyana as the core hub of its FPSO activity, while eyeing new opportunities in West Africa.
Chevron Nigeria Limited (CNL), a subsidiary of the U.S.-headquartered Chevron and the operator of the Nigerian National Petroleum Company (NNPC)/CNL joint venture, has made a new hydrocarbon discovery off the coast of Nigeria, Africa.
The board of directors of the African Development Bank has signed off on a loan for a second floating liquefied natural gas (FLNG) project, which Italy’s energy giant Eni will develop in the supergiant Rovuma basin off the coast of Mozambique, Africa.
Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has updated its timeline for bringing back online an oil field off the coast of Benin that ceased production due to low oil prices in the late 1990s.
French shipping and logistics giant CMA CGM Group has welcomed the arrival of the first in a series of six 15,000-TEU methanol container ships, expanding its arsenal with the 400th owned vessel within a fleet of over 650 vessels worldwide, as part of its decarbonization strategy.
Italy’s energy giant Eni has sealed a deal to divest a partial stake in an oil and gas development project off the coast of Côte d’Ivoire to the State Oil Company of the Republic of Azerbaijan (SOCAR).
France-based geophysical services company Viridien and U.S.-headquartered technology player SLB are set to begin a large seismic acquisition and imaging program offshore Egypt that will help explorers and investors identify new opportunities for exploration and enhanced production. Viridien and SLB
