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Seismic specialist Polarcus has won a contract to carry out a 3D marine seismic acquisition project offshore Africa. One of Polarcus’ vessels; Source: Polarcus The seismic company said on Thursday that the project would be carried out in West Africa, without providing any details on the client, or the value of the deal. According to …
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A Vitol-led consortium has agreed to acquire a Petrobras’ offshore fields in Nigeria for $1.407 billion. The consortium buying the stake is comprised of Vitol, Africa Oil, and Delonex. Under the deal, the consortium will buy a 50 percent share in Petrobras Oil and Gas B.V., a company owning a share in oil fields offshore Nigeria. BTG Pactual …
Continue reading "Vitol-led consortium buys Petrobras’ Nigerian assets for $1.4B"
A Vitol-led consortium has agreed to acquire a Petrobras’ offshore fields in Nigeria for $1.407 billion. The consortium buying the stake is comprised of Vitol, Africa Oil, and Delonex. Under the deal, the consortium will buy a 50 percent share in Petrobras Oil and Gas B.V., a company owning a share in oil fields offshore Nigeria. BTG Pactual …
Continue reading "Vitol-led consortium buys Petrobras’ Nigerian assets for $1.4B"
Eni CEO Claudio Descalzi; Source: Eni/FlickrItalian oil company Eni, French Total, and  Algerian state-owned Sonatrach have signed two agreements which include an exclusive partnership for offshore exploration in Algeria in a virtually unexplored geological province. The Chairman and Director General of Algeria’s state oil company Sonatrach, Abdelmoumem Ould Kaddour, the Chief Executive Officer of Eni, Claudio Descalzi, and the …
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Oil and gas company New Age has completed a two-well appraisal campaign at the Etinde block offshore Cameroon and confirmed additional resources in the block. Topaz Driller; Source: Vantage DrillingNew Age is the operator of the Etinde field with a 37.5% working interest. Bowleven and Lukoil are partners with a 25% and 37.5% working interest, …
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by  Andreas Exarheas Rigzone Staff | Saipem signs new offshore engineering and construction contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of approximately $400 million. Saipem revealed Monday that it has signed new offshore engineering and construction (E&C) contracts in Azerbaijan, the North Sea and the Republic of Congo …
Liberia's Offshore and Gas Technology Department head Stephen Bomgardner; Source: LISCR Liberia has established its Offshore and Gas Technology Department, renewing the registry’s focus in these sectors. The creation of the department strengthens Liberia’s presence in the offshore and gas sectors and is a response to the registry’s growth in 2018. Liberia, dubbed the fastest …
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Italian oilfield contractor Saipem has signed new offshore E&C contracts in Azerbaijan, the North Sea and Congo. The overall value of the contracts is approximately $400 million. One of Saipem’s vessels; Source: Wikimedia; Author: Kees Torn – under the CC BY-SA 2.0 licenseIn Azerbaijan, Total has awarded a SURF contract to the consortium between Saipem’s subsidiary, Saipem Contracting Netherlands …
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Ocean Rig Poseidon; Image source: Pancontinental Chariot Oil & Gas has failed to encounter a hydrocarbon accumulation at its Prospect S well on the Central Blocks license, offshore Namibia. Chariot is the operator of the license with a 65% interest and its partners are Azinam with a 20%, NAMCOR with 10%, and Ignitus with the remaining …
Liberia's Offshore and Gas Technology Department head Stephen Bomgardner; Source: LISCR Liberia has established its Offshore and Gas Technology Department, renewing the registry’s focus in these sectors. The creation of the department strengthens Liberia’s presence in the offshore and gas sectors and is a response to the registry’s growth in 2018. Liberia, dubbed the fastest …
Continue reading "Liberia forms O&G technology department in response to fleet registry growth"
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