Oil and gas minister Clotaire Kondja said on Wednesday that Gabon plans to sign production sharing contracts with ExxonMobil and BP within the next six months, Reuters reports. ExxonMobil declined to comment to Reuters on the minister’s stated timeline, and BP did not respond immediately to a request for comment. Both companies have signed preliminary exploration agreements covering offshore acreage in […]
Sierra Leone has signed an offshore petroleum licence agreement with Nigeria-based Marginal Energy, Reuters reported on Thursday. The licence grants exploration and production rights over offshore blocks G-145, G-146, G-147, G-160 and G-161, which together cover approximately 6,800 square kilometres. Under the terms of the agreement, Marginal Energy has committed to conducting a seismic acquisition […]
The Chief Executive Officer of Pecan Energies Ghana Limited, Kadijah Amoah, has been named among the World Economic Forum’s Young Global Leaders (YGL) for the Class of 2026, placing her among a select group of leaders shaping the future of global leadership.
Valeura Energy has secured a long-term offshore drilling rig to support continued development and exploration across its Gulf of Thailand portfolio.
EnerMech has secured a multi-year contract to deliver integrated topside process services across a portfolio of offshore assets in the UK Continental Shelf (UKCS), further strengthening its position in the North Sea.
Seadrill has secured new offshore drilling work in the U.S. Gulf, adding approximately $260 million to its contract backlog and reinforcing ongoing ultra-deepwater activity in the region.
Santos Ltd. is restructuring the company’s oil and gas business in order to cut costs, according to an internal notice seen by Bloomberg, after a string of stymied takeover bids in recent years that have raised pressure to increase shareholder returns.
Saipem has been awarded a new offshore services contract by ExxonMobil Guyana for the Longtail project offshore Guyana, Saipem announced on Tuesday.
The first LNG export cargo has departed Golden Pass LNG in Sabine Pass, Texas, Golden Pass LNG announced on Wednesday.
Traffic via the Strait of Hormuz has been paralyzed again, with Bloomberg reporting there was only one vessel attempting to exit the strait and none trying to enter. The lonely vessel was a bulk carrier.