South Africa News

 

Murphy Oil's Drilling Ops in Africa Yield Non-Commercial Hydrocarbons Find

17 hours ago

Oil and gas firm Murphy Oil has found non-commercial hydrocarbons in a well offshore Côte d’Ivoire in Africa.The Civette-1X well reached a total depth of 13,950 feet (4,252 meters) and encountered non-commercial hydrocarbons across multiple intervals.Murphy Oil, together with its partner Société Nationale d’Opérations Pétrolières de la Côte d’Ivoire (PETROCI), said it will continue its exploration program in Côte d’Ivoire with the Caracal and Bubale prospects…

TotalEnergies, BluEnergies Agree Joint Study on Liberia Deepwater Play

Jan 16, 2026

TotalEnergies has entered into a joint study and application agreement with Canada’s BluEnergies to assess the hydrocarbon prospectivity of the Harper Basin fan play offshore Liberia.Under the agreement, BluEnergies and the Liberian upstream…

Eni Launches Hull for Coral North FLNG Offshore Mozambique

Jan 16, 2026

Eni and its partners have launched the hull of the Coral North floating liquefied natural gas (FLNG) vessel, marking a key milestone in the development of Mozambique’s offshore gas resources.Coral North will be the second floating LNG facility…

ExxonMobil Enlists Shearwater for 3D Seismic Survey in South America

Jan 15, 2026

Offshore seismic services firm Shearwater Geoservices has secured a contract for a large 3D seismic acquisition program for ExxonMobil Trinidad and Tobago Deepwater.The deepwater survey offshore Trinidad and Tobago will cover approximately 6…

TotalEnergies Makes Nigeria Asset Sale, Launches Middle East Trading JV

Jan 14, 2026

TotalEnergies has agreed to sell its interests in Nigerian asset, while launching a new petroleum products trading joint venture in the Middle East, as the French energy major continues to reshape its portfolio and expand its downstream trading activities…

RWE Wins Almost 7GW in UK’s Record 8.4GW Offshore Wind Auction

Jan 14, 2026

The U.K. has awarded a record 8.4 GW of offshore wind capacity in its latest Contracts for Difference allocation round (AR7), with RWE emerging as the largest winner after securing contracts for 6.9 GW and agreeing a long-term partnership with investment firm KKR…

Navitas Eyes More North Falklands Exploration Acreage after Sea Lion FID

Jan 12, 2026

Navitas Petroleum has signed a non-binding agreement to farm into an offshore exploration license in the North Falklands Basin adjacent to its recently sanctioned Sea Lion oil development, as the operator advances plans to expand its footprint in the region…

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

Jan 12, 2026

OceanMight, a subsidiary of KKB Engineering, has secured a contract from Petronas for construction services at greenfield development project offshore Malaysia.The letter of award signed by the companies is for the provision of minor engineering…

Chevron, Vitol and Trafigura in Talks to Export Venezuelan Crude

Jan 09, 2026

Oil major Chevron Corp, global trading houses Vitol and Trafigura, and other firms are competing for U.S. government deals to export crude oil from Venezuela, according to sources familiar with the matter.The competition reflects a desire by…

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

Jan 07, 2026

Vantris Energy Berhad said it has been awarded offshore transportation and installation work orders in Malaysia by Petronas Carigali under existing long-term contracts.The awards were secured by Sapura Offshore, an indirect wholly owned subsidiary of Vantris Energy…

KOIL Energy to Upgrade Equipment for Offshore Installation Firm

Jan 07, 2026

U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a manufacturing contract with an international offshore installation company.The scope of work includes engineering, procurement, and fabrication of major…

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

Jan 07, 2026

State-owned Petrovietnam Gas has awarded its first-ever term supply tender seeking liquefied natural gas (LNG) to energy major Shell, which will deliver the super-chilled fuel to Vietnam from 2027 to 2031.The five-year supply deal will see Shell deliver about 400…

Shell Buys Stakes in Angolan Offshore Blocks from Chevron

Jan 06, 2026

Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron, the European energy major said on Tuesday.European oil majors have said they will spend billions in Angola, Sub-Saharan Africa's second-largest crude oil producer after Nigeria…

Bourbon Completes Financial Overhaul Under New Ownership

Jan 06, 2026

French offshore marine services company Bourbon has completed a financial and capital restructuring, with Davidson Kempner Capital Management LP and Fortress Investment Group becoming its majority shareholders.The restructuring marks the start…

Chevron Delivers First Oil from New Platform Offshore Angola

Jan 06, 2026

Chevron has delivered first oil from its South N’dola platform offshore Angola, marking a major project milestone just over two years after construction began.Located in Block 0, which accounts for around 12% of Angola’s daily energy output…

Logistics News

Nakilat Increases Annual Net Profit by 3.1%, Delivering $460m in FY2025

Nakilat Increases Annual Net Profit by 3.1%, Delivering $460m in FY2025

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Xeneta Warns Unpredictability Could Hurt Ocean Supply Chains as CMA CGM Reverses Red Sea Return Decision

Xeneta Warns Unpredictability Could Hurt Ocean Supply Chains as CMA CGM Reverses Red Sea Return Decision

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