Angolan energy company Etu Energias, formerly Somoil, has acquired Galp’s stake in three blocks offshore Angola, operated by TotalEnergies and Chevron.Etu Energias concluded the acquisition of Galp’s working interests in Block 32 (5%), Block 14 (9%) and in Block 14K (4…
SBM Offshore is pleased to announce that it has completed the acquisition of the shares in the lease and operating entities related to FPSOs N’Goma, Saxi Batuque and Mondo from its partner Sonangol EP. Simultaneously, SBM Offshore completed…
Aker Solutions has secured a ‘sizeable’ long-term frame agreement with Azule Energy to provide engineering, procurement, and construction (EPC) services for brownfield projects and modifications for two floating production, storage, and offloading (FPSO) units in Angola…
Offshore drilling firm Shelf Drilling has secured a contract from Chevron's Angola subsidiary for its Shelf Drilling Tenacious jack-up rig for drilling operations offshore West Africa.The total added value of the contract is $66 million, according to Shelf Drilling…
Saipem has been awarded three new contracts by TotalEnergies for the Kaminho project, relating to the development of Cameia and Golfinho oil fields offshore Angola, worth $3.7 billion.The first of the contracts, awarded by TotalEnergies' subsidiary TotalEnergies EP Angola Block 20…
TotalEnergies, along with its partners Petronas and Sonangol, has made a Final Investment Decision (FID) for the Kaminho project to develop the Cameia and Golfinho fields offshore Angola.Located 100 km off the coast of Angola in 1,700 m water-depth…
Italian offshore energy services firm Saipem has secured a contract from Azule Energy, a joint venture between Eni and BP, for the development of Ndungu field as part of Agogo Integrated West Hub Project, offshore Angola.Saipem’s scope of work entails the engineering…
ExxonMobil and its partners have made an oil discovery at Block 15 offshore Angola, while drilling the exploration well located in the Kizomba B development area.The discovery was made while drilling the Likembe-01 well in Block 15, operated by ExxonMobil…
Esgian reports an eventful week with contract confirmations, terminations and suspensions in its Week 18 Rig Analytics Market Roundup.Report SummaryContractsBurullus Gas Company, the self-operated joint venture between Shell Egypt, the Egyptian Natural Gas Holding Company (EGAS)…
Yinson Production has closed the limited recourse term loan facility of up to $1.3 billion for the pre and post-delivery financing of the Agogo FPSO, whish is set for deployment on Azule Energy’s development offshore Angola.The financing is provided by a consortium of 13 lenders…
Blue Water has secured a substantial logistics contract with Yinson Production to oversee the transportation of the topside modules for the Agogo FPSO, which will be deployed on Azule Energy’s development offshore Angola.The Agogo floating storage…
Offshore drilling contractor Transocean has secured contracts for three of its drilling rigs – semi-submersible Transocean Barents and drillships Deepwater Skyros and Deepwater Invictus – worth approximately $326 million.In its quarterly fleet status report…
Malaysian FPSO leasing firm Yinson Production has appointed TMC Compressors to supply a large marine compressed air system for FPSO Agogo, which will be operated by Azule Energy, a BP-Eni joint venture, on a development offshore Angola.Under the contract…
Angola-based Azule Energy has awarded a three-year contract with extension options to Norwegian company FutureOn for its FieldTwin digital design and visualization platform.Azule Energy – a standalone integrated energy company combining the…
Ocean Installer, in consortium with Oceaneering, has secured a significant contract from TotalEnergies EP Angola and its Partners of Block 17 on Girassol FPSO life extension project offshore Angola.Ocean Installer will manage, engineer, and execute the project…