PACC Offshore Services (POSH) has selected design and engineering consultancy Longitude as a subcontractor to deliver marine hook-up operations engineering for the installation of the Republic of Congo’s landmark FLNG project – the Nguya FLNG.
The Republic of the Congo has signed a $23 billion hydrocarbon deal with Chinese oil and gas company Wing Wah for the integrated development of the Banga Kayo, Holmoni and Cayo permits, aiming to raise national oil output to 200,000 bpd by 2030.
The FPU will be deployed northwest of the Djeno Terminal, offshore the Republic of Congo, at a depth of approximately 35 metres.
Perenco Congo has confirmed a major investment project with the construction of a new offshore platform, Kombi 2. Kombi 2 is currently under construction at the Nieuwdorp shipyard (Netherlands) by Dixstone, a sister company of Perenco, which provides integrated solutions for the oil and gas industry.
Hilong Offshore, a subsidiary of China-based Hilong Group, has secured a transportation and installation contract for phase two of Eni’s Congo LNG project. The deal is valued at approx. $55 million USD (400 million yuan).
The Republic of Congo will officially launch its licensing round for open oil and gas blocks at the upcoming Congo Energy and Investment Forum (CEIF), scheduled to take place on March 25-26 in Brazzaville.
The Chinese oil company, Wing Wah, operates the Banga Kayo conventional oil field, which has drilled some 250 wells to date.
The Republic of Congo aims to increase its hydrocarbon production to 500,000 barrels per day (bpd).
APA-Brazzaville (Congo) – Production cuts are intended to stabilise the Congolese domestic market while encouraging new investment in oil exploration.
Oil and gas supermajor TotalEnergies has announced that it will invest $600 million to strengthen exploration and production activities in the Republic of Congo in 2024. The investment will be used to finance exploration and maintain production in the country’s deep offshore Moho Nord field, which accounts for approximately half of all Congolese oil production, or roughly 140,000 bpd.
Muanda International Oil Company (MIOC), Perenco’s offshore DRC subsidiary, has made an oil discovery during its drilling campaign off the coast of the Democratic Republic of Congo (DRC), which is said to be the first offshore exploration success in the African country in nearly three decades.