South Africa News

 

Dolphin Drilling, Vantris Ink Marketing Deal for Blackford Dolphin Semi-Sub

Feb 18, 2026

Dolphin Drilling Offshore, a wholly owned subsidiary of Dolphin Drilling, and Sapura Drilling Asia, a wholly owned subsidiary of Vantris Energy, have entered into a marketing agreement for the semi-submersible drilling unit Blackford Dolphin.Under the agreement, Vantris will market the rig on a non-exclusive basis in Indonesia, Malaysia, Myanmar, Thailand, Vietnam and other locations as may be agreed…

Eco Wave Power Wraps Up Feasibility Study for South Africa’s Wave Project

Feb 17, 2026

Eco Wave Power has completed a feasibility study for a potential wave energy power station at the Port of Ngqura in South Africa, identifying the technical potential to deploy approximately 8.3 MW of installed capacity along the port’s breakwater infrastructure…

Eni Confirms Large Gas, Condensate Find off Ivory Coast

Feb 16, 2026

Eni has made a significant gas and condensate discovery offshore Ivory Coast after drilling the Murene South-1X well in Block CI-501, confirming the potential of the Calao channel complex.The discovery, named Calao South, is estimated to contain up to 5…

Chevron-Led Group Seals Offshore Gas Exploration Deals in Greece

Feb 16, 2026

A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United States' presence in the eastern Mediterranean.The deal doubles the amount of Greek maritime…

ConocoPhillips Submits $2B Greater Ekofisk Gas Redevelopment Plans

Feb 13, 2026

ConocoPhillips Skandinavia and its partners have submitted two Plans for Development and Operation (PDOs) to Norway’s Ministry of Energy for a combined redevelopment of the Albuskjell, Vest Ekofisk and Tommeliten Gamma fields in the Greater Ekofisk Area of the North Sea…

Petrobras’ P-79 FPSO Arrives to Brazil to Support Búzios Growth Plan

Feb 12, 2026

Petrobras has welcomed its P-79 floating production, storage and offloading (FPSO) unit to the Búzios field in Brazil’s Santos Basin pre-salt, in line with the planned schedule.The unit, capable of producing 180,000 barrels of oil per day and compressing 7…

TGS Embarks on Multi-Client 2D Survey off Angola

Feb 11, 2026

Energy data and intelligence TGS has started the Ultra Profundo multi-client 2D survey offshore Angola.The survey covers approximately 12,600 line kilometers, with Ramform Victory having already started operations earlier in 2026.Data acquisition…

Transocean Secures $184M for Drilling Rigs Operating off Norway

Feb 11, 2026

Offshore drilling contractor Transocean has secured contract awards and extensions totaling approximately $184 million for two of its harsh-environment semisubmersible rigs operating in Norway.The company said the fixtures represent about $184 million in firm contract backlog…

Chevron Enlists Subsea7 for Mediterranean Sea Job

Feb 10, 2026

Subsea7 has secured contract by Chevron for subsea installation in the Eastern Mediterranean.Subsea7’s scope includes the transport and installation of approximately 17 kilometers of subsea flowlines and umbilicals.Project management and engineering…

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Feb 10, 2026

Offshore drilling contractor Vantage Drilling has secured a contract with Oil and Natural Gas Corporation (ONGC) for its ultra-deepwater drillship Platinum Explorer for operations off India.The binding Notification of Award (NoA) from ONGC comes…

Shell Reserve Decline Raises Need for Deals or Discoveries

Feb 10, 2026

Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to maturing fields unable to meet its output targets, the company and analysts say…

EnQuest Secures Extension for Vietnam's Offshore Block

Feb 09, 2026

EnQuest has been grated a four-year extension to the Block 12W production sharing contract by PetroVietnam.The extension, granted on the contract’s existing terms, runs until July 2034 and allows EnQuest and its partners to continue development activities across Block 12W…

Namibia Flags Approval Need for TotalEnergies, Petrobras Offshore Stakes

Feb 08, 2026

Government officials stated on Sunday that Namibia would not recognize the purchase of offshore stakes by TotalEnergies or Petrobras announced last week until the oil companies followed the proper approval route.A spokesperson for the Presidency…

BW Energy’s Planned Angola Entry Challenged by Pre-Emption Rights

Feb 06, 2026

BW Energy has informed that one of the existing joint venture partners in Angola's offshore blocks 14 and 14K has indicated its intention to exercise pre-emption rights in relation to the previously announced acquisition agreement.BW Energy…

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Feb 06, 2026

Japan's Mitsui & Co is close to buying a stake in the second phase of QatarEnergy's massive North Field project as it seeks to secure stable liquefied natural gas (LNG) supply, five sources close to the matter told Reuters.If reached, the deal…

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