
Houston-based Vaalco Energy has disclosed a new contract with Borr Drilling for a jack-up rig that will carry out its 2025/2026 drilling program off the coast of Gabon, Africa.

With the swift surge in geopolitical upheavals, a rising tide of offshore security risks is playing out across the globe, putting vessels, undersea cables, and offshore oil and gas installations in danger of increasingly becoming sitting ducks for “gray zone” attacks, which WTW interprets as actions

Borr Drilling has won a new long-term, multi-well assignment for one of its jack-up rigs with an undisclosed operator off the coast of West Africa.

Germany’s Securing Energy for Europe (SEFE) has signed an agreement for the supply of liquefied natural gas (LNG) with Angola LNG, a joint venture (JV) between Chevron, Azule Energy – formed by BP and Eni – Sonangol, and TotalEnergies.

The state-owned Egyptian Natural Gas Holding Company (EGAS) has signed an agreement with the U.S. energy infrastructure player New Fortress Energy (NFE) to lease a floating storage and regasification unit (FSRU).

Equinor has crossed the finish line for the divestment of its upstream assets in Azerbaijan and Nigeria, bringing a consideration of up to $2 billion to fuel the firm’s oil and gas portfolio optimization mission.

Noble Corporation has secured further work for two floaters in Nigeria with France’s TotalEnergies and in the UK with TAQA while one of its jack-up rigs also got more work in Britain with BP. However, Inpex has decided to break off the deal in Australia for one of the rig owner’s floaters.

Shelf Drilling (SHLF) has landed a new drilling assignment for one of its jack-up rigs off the coast of Nigeria in West Africa.

Galp has struck light oil and gas-condensate in the first well within its second exploration and appraisal program in the Orange Basin, where oil discoveries were made during the first campaign within license PEL 83 off the coast of Namibia.

Eni has enriched its offshore oil and gas portfolio in Côte d’Ivoire with four new exploration blocks while closing in on the finish line to bring the second stage of its oil and gas development online.

Welcome to the Live Blog! That’s a wrap! As OEEC 2024 comes to a close, Navingo invites all attendees to join for the final celebration! After two dynamic days of exploring innovations in the offshore energy sector, it’s time to relax, reflect and network over drinks and bites. Join us at the Stage

QatarEnergy is enlarging its portfolio of assets in the Orange Basin, thanks to a deal with France’s energy giant TotalEnergies, which will enable it to acquire additional interests in two blocks located about 300 kilometers off the coast of Namibia.