The contract will cover the design and manufacturing of tree systems, flexible flowlines, a manifold, and controls, as well as installation of the subsea production system.
UK-based oil and gas company Tullow Oil has signed a sale and purchase agreement with TEN Ghana to acquire the Prof. John Evans Atta Mills FPSO for a gross consideration of $205 million.
In February 2026, Kosmos Energy reported that Ghana’s parliament ratified license extensions for the West Cape Three Points and Deepwater Tano petroleum agreements to 2040, underpinning up to US$2.00 billion of additional investment, expanded drilling at the Jubilee field, and a cost-saving FPSO acquisition at the TEN fields.
Venture Global Inc. signed a long-term LNG agreement with Hanwha Aerospace Co. Ltd., an affiliate of the Hanwha Group.
Glenfarne Group’s subsidiary, Alaska LNG LLC, has signed a letter of intent with TotalEnergies to supply 2 million tpy of LNG for 20 years, pending project approval.
TGS has announced the launch of the Nigeria Laide multi-client 3D survey offshore Nigeria, covering approximately 11,700 square kilometres, the company said on Friday.
Mabrouk oilfield has increased production to 25,000 bopd following the commissioning of a new early production unit, Libya’s National Oil Corporation (NOC) announced on Sunday.
President John Dramani Mahama has announced that the Tema Oil Refinery (TOR) has resumed processing crude oil into petroleum products for the first time since 2018.
Russia’s oil exports were essentially flat in 2025 compared to a year earlier, with most supplies – a massive 80% — going to China and India, Russian Deputy Prime Minister Alexander Novak said on Friday.
Equinor ASA, Norway’s biggest oil and gas producer, is looking to sell a number of Angolan fields, according to people familiar with the matter.