
Saipem has won a number of contracts in various countries, mostly related to subsea work, worth over $500 million.

Italian oilfield contractor Saipem has been awarded several EPCI contracts in various countries around the world worth over $500 million.

Azinam Limited, the Seacrest Capital-backed oil & gas exploration company, has completed a farm out of 20 percent participating interest in Block 3B/4B Orange Basin, offshore South Africa, to Africa Oil.

Wood Mackenzie has lowered its oil demand forecast for Q1 2020.

Trident Energy has started a 4D seismic survey over its Block G assets which contain the Ceiba and Okume fields offshore Equatorial Guinea. The field are located some 15 kilometers offshore in water depths ranging from 100 to 1,200 meters. The acquisition, which kicked off on January 22, 2020, is be

New Age and Victoria Oil & Gas have signed a non-binding Letter of Intent (LOI) for the supply of gas from the Etinde field, offshore Cameroon.

DeepOcean has seen more opportunity to grow in the Africa region and therefore decided to centre its operations from Montpellier, France. By centering Africa operations in the South of France it allows DeepOcean to be closer to the customers, with good transport links to the target countries, the co

Trident Energy has begun a 4D seismic acquisition operations on its Block G assets, which contain the Ceiba and Okume Fields, offshore Equatorial Guinea.

Norway’s Uptime International has been awarded a contract from Eiffage Génie Civil Marine for the supply of access solutions for the LNG Hub Marine Terminal for BP’s Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal.

Norwegian offshore service provider UPTIME International has been awarded a contract from Eiffage Génie Civil Marine for the supply of access solutions for the LNG Hub Marine Terminal for BP’s Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal.

Oil and gas company Tower Resources has started conducting a site survey for a well in the Thali block offshore Cameroon.

Demand from the world’s top oil companies for floating drilling units is set to rise through 2020 and 2021, according to Norwegian energy research and consultancy firm Rystad Energy.