Dubai-based port operator DP World has signed a 20-year concession agreement with the Government of Angola to operate the Multipurpose Terminal (MPT) at the Port of Luanda.
Oil and gas firm New Age has received formal approval to apply for a new exploitation agreement for its Etinde license offshore Cameroon.
One seafarer has reportedly been killed while 15 others have been kidnapped after a group of armed pirates breached into the citadel on board the Liberian-flagged containership identified as MV Mozart approximately 98 nautical miles northwest of Sao Tome, Dryad Global said. The containership was boa
Oslo-listed shipowner Solstad Offshore has secured four contract awards for three of its subsea construction vessels (SCVs). Normand Energy will support a project for a client in the Pacific Ocean with an estimated duration of 5 months, including mobilisation and de-mobilisation. Solstad said, the c
Subsea 7 has won a contract from Cabinda Gulf Oil Company (CABGOC) for the Sanha Lean Gas Connection (SLGC) project offshore Angola. Specifically, the project comprises the construction and installation of the Lean Gas Platform (LGP) system in Block-0 off Angola. It takes place at a water depth of a
TDI-Brooks has completed a geophysical and geotechnical campaign for Trident off the coast of Equatorial Guinea in the Elon Field. Offshore survey player carried out the site survey work off its owned and operated research vessel the R/V Proteus. The goal was to assess seabed conditions prior to the
The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.
Mubadala Petroleum has signed a concession agreement for the Shell-operated Block 4 located in the Red Sea offshore Egypt.
London-based Energean has taken the final investment decision on the North El Amriya and North Idkunea (NEA/NI) concession subsea tieback project offshore Egypt. The NEA concession contains two discovered and appraised gas fields (Yazzi and Python) while the NI concession contains four discovered ga
The UK offers operators best profit conditions to develop big offshore fields and Kuwait and Canada follow, according to Rystad Energy.
FAR Limited has executed a sale and purchase agreement with Woodside related to the sale of FAR’s interest in the Senegal RSSD Project.
Partners in Israel’s largest natural gas fields Leviathan and Tamar will invest in new pipeline system to export the fuel to Egypt. Chevron, as the operator of both gas fields, has entered into an agreement with Israel Natural Gas Lines (INGL) for the provision of transmission services of natural ga
