Orca Energy intends, through its subsidiaries, to kick off arbitration proceedings against the country’s government and a state-owned company for alleged violations of several agreements related to a gas field in Tanzanian waters, if no agreement is reached within the timelines the firm has set to t
Global Petroleum has engaged in discussions to secure a farm-in agreement with an undisclosed potential operating partner for PEL 94 offshore Namibia.
Tower Resources has been invited to apply for an extension of the initial exploration period for its license off the coast of Namibia.
French oil major TotalEnergies has awarded offshore drilling contractor Northern Ocean with another contract extension for one of its semi-submersible rigs for continued work in Africa. TotalEnergies hired the Deepsea Mira rig on a multi-country drilling contract in December 2022 and exercised the f
Petronas Carigali Nile Limited (PCNL) is withdrawing from the Republic of South Sudan as part of its long-term investment plan.
Golar LNG has made arrangements with BP to put into effect a commercial reset for an FLNG deployed at a gas project off the coasts of Mauritania and Senegal.
Shipping can play a key role as an enabler of the hydrogen economy, according to a new report, presented by the International Chamber of Shipping (ICS).
Tunisia has signed six memoranda of understanding (MoU) with European companies for the production of green hydrogen.
TotalEnergies has made up its mind to pull out of several blocks off the coast of South Africa after its partner in one of these blocks decided to do the same.
With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshore rig supply and demand dynamics.
Borr Drilling has won a series of new contracts, extensions, and potential assignments for three premium jack-up rigs, covering 1,779 days and bringing $332 million in contract revenue, including mobilization and demobilization compensation.
Eni has cleared all the regulatory hurdles that stood in the way of selling its subsidiary focused on onshore oil and gas and power generation in Nigeria.
