Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) has signed a series of offshore exploration agreements with Shell, Chevron, TotalEnergies and other international operators covering deepwater blocks across the Kwanza and Congo basins. ANPG signed risk-service contracts for deepwater Blocks 19, 34 and 35 with Shell, Equinor and Sonangol E&P. The agreements establish terms […]
Oil majors Shell (SHEL.L), opens new tab and Chevron (CVX.N), opens new tab have signed a non-binding agreement for the acquisition of production rights over Ghana’s South Deepwater Tano Cape Three Points oil and gas block, Ghana’s energy minister said. The memorandum of understanding with Ghana National Petroleum Corporation, signed on Tuesday, comes as the […]
TechnipFMC (NYSE: FTI) announced that its subsidiary, FMC Wellhead Equipment Sdn. Bhd., has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI®) contract by PETRONAS Carigali Sdn. Bhd. (PETRONAS) for the Limbayong deepwater project offshore Malaysia. This greenfield development will benefit from both our Subsea 2.0® configure-to-order (CTO) platform and iEPCI® execution of […]
Global energy technology company SLB (NYSE: SLB) today announced it has been awarded four integrated well construction contracts by Aramco to support oil and gas development across the Kingdom of Saudi Arabia. Under the contracts, SLB will manage end-to-end well construction services, delivering more than 450 wells in the three-year term, with an optional extension […]
This article first appeared in The Edge Malaysia Weekly on August 31, 2026 – September 6, 2026 LAST Thursday, The Edge reported online that national oil company Petroliam Nasional Bhd (PETRONAS), the Employees Provident Fund (EPF) and the Lim family, which owns substantial equity in and runs floating production storage and offloading (FPSO) player Yinson […]
Shape Digital has expanded deployment of its artificial intelligence-powered flare monitoring technology to 10 MODEC FPSOs in Brazil following a successful pilot, targeting reductions in unplanned gas flaring and improved offshore operating efficiency. The company’s Shape Lumen platform analyzes data across an asset’s oil, gas and water production systems to identify the root causes of […]
Heritage Oil Limited (“HOL”) is pleased to announce that it has appointed Wessel de Haas as Chief Operating Officer of HEOSL with effect from 1st September 2026. Wessel brings over twenty-five years of international oil and gas experience, having worked in Africa, Asia, and Europe. Wessel’s has spent the last 5 years in Nigeria with […]
Vitol has bought at least 25 million barrels of Iraqi crude in September, two sources told Reuters, as the world’s largest oil trader capitalises on its global shipping and logistics clout to help Iraq export oil stranded by the US-Iran war. The purchases underscore how the war has reshaped Middle East oil trade, allowing companies […]
The Chief Executive Officer of Pecan Energies Ghana Limited, Kadijah Amoah, has called for greater innovation in mobilising African capital to finance the continent’s energy development. Speaking during the Finance Leadership Exchange at AOW 2026 in Accra, Kadijah joined senior leaders from the banking, development finance and energy sectors to explore the financing models required […]
West Africa-focused Tullow Oil (TLW.L), opens new tab reported a sharp improvement in first-half free cash flow on Monday, driven by strong output from its Ghana fields, stronger-than-expected new-well performance and higher oil prices stemming from the Iran war.Here are details: Tullow’s free cash flow swung to $4 million for the first half ended June […]