South Africa News

 

Sanctions Force Vantage Drilling to End Platinum Explorer Contract

Oct 20, 2025

Offshore drilling contractor Vantage Drilling has announced the termination of the contract for its ultra-deepwater drillship Platinum Explorer.The termination, with immediate effect, is for the 260-day campaign the Platinum Explorer drillship was hired earlier in 2025…

CIP Places Bid in Colombia’s First Offshore Wind Round

Oct 17, 2025

Colombia received a bid from a subsidiary of Denmark's Copenhagen Infrastructure Partners (CIP), to develop a project in the South American country's first offshore wind energy round, the head of its hydrocarbons agency said on Thursday.Orlando Velandia…

TGS Gets Streamer Acquisition Job off Africa

Oct 15, 2025

Energy data and intelligence firm TGS has secured a streamer acquisition contract in Africa.Acquisition is scheduled to commence in the fourth quarter of 2025.The contract, with an undisclosed party, has a duration of approximately 50 days.'We…

Eversource Expects $75m Charge Due to Offshore Wind Sale Settlement

Oct 14, 2025

Utility firm Eversource Energy said on Tuesday it expects a $75 million or 20 cents per share after-tax charge in the third quarter due to an increased liability for the two wind projects sold to Global Infrastructure Partners (GIP).In 2024…

Vietsovpetro Brings BK-24 Oil Platform Online Two Months Early

Oct 13, 2025

Vietsovpetro, the Vietnamese-Russian joint venture, has started commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oil field, more than two months ahead of schedule.On October 11, 2025, Vietsovpetro achieved…

Beacon Offshore’s Shenandoah FPS Marks Deepwater Production Milestone

Oct 10, 2025

Texas-based exploration and production company Beacon Offshore Energy has completed the ramp-up of the four development wells as part of the first phase of its operated deepwater Shenandoah field, reaching the target rate of 100,000 bopd/117…

Nigeria Commissions its first FSO Vessel to Boost Oil Output

Oct 08, 2025

Nigeria has commissioned its first wholly owned Floating Storage and Offloading vessel near its Bonny export terminal, one of the companies which developed it said, as Africa's biggest oil producer seeks to improve its crude export infrastructure…

Shelf Drilling Shareholders Clear Merger with ADES

Oct 08, 2025

The shareholders of Dubai-based Shelf Drilling have approved the proposed cash merger with offshore oil contractor ADES International Holding, following the revised offer the Saudi Arabian firm.An extraordinary general meeting was held on October 6…

IEA Cuts Renewables Growth Outlook to 2030

Oct 07, 2025

The International Energy Agency on Tuesday cut its global forecast for renewable power growth by 2030 by 248 gigawatts from last year's outlook, citing weaker prospects in the United States and China, even as solar power continues to drive record additions…

Galp Joins Shell to Explore São Tomé and Príncipe’s Offshore Block 4

Oct 07, 2025

Portugal’s Galp has reached a farm-in agreement with KE STP Company, a Shell affiliate, for the acquisition of a 27.5% stake in São Tomé and Príncipe’s Block 4, forming a joint venture with Shell, Petrobras and ANP-STP.With the agreement, Galp expands its presence offshore São Tomé and Príncipe…

TotalEnergies Names Senior Vice-President for Oil and Gas Exploration

Oct 06, 2025

TotalEnergies has appointed Nicola Mavilla as Senior Vice President Exploration.Effective November 1, 2025, Nicola Mavilla is replacing Kevin McLachlan, who held this position since 2015.Mavilla has 25 years of experience in the oil and gas…

QatarEnergy Acquires Interest in Egypt Block

Oct 05, 2025

QatarEnergy agreed with Shell to acquire a 27% participating interest in a block offshore Egypt from the oil and gas major, it said in a statement on Sunday.QatarEnergy has in recent years acquired stakes in oil and gas basins including in Guyana…

Japan Picks Two New Areas for Offshore Wind Development

Oct 03, 2025

The Japanese government said on Friday it had designated two sites off the coast of Akita and Fukuoka prefectures as 'promising zones' for developing offshore wind farms.Japan wants to accelerate renewable energy development to reach carbon neutrality by 2050…

Eni Greenlights Mozambique’s Coral North FLNG Project

Oct 03, 2025

Eni and its partners China National Petroleum Corporation (CNPH), Empresa Nacional de Hidrocarbonetos (ENH), Korea Gas Corporation (KOGAS) and XRG have reached the Final Investment Decision (FID) to develop the Coral North deepwater FLNG project…

Eni Set to Sign FID for Coral North FLNG in Mozambique

Oct 02, 2025

Italian energy group Eni is expected to agree a final investment decision for Mozambique's second floating liquefied natural gas (LNG) platform at an event in the capital Maputo on Thursday, two sources familiar with the matter told Reuters…

Logistics News

Stolt-Nielsen Limited Executive Management Update

Stolt-Nielsen Limited Executive Management Update

Trump Administration Seeks to Negotiate with China on Shipping

Trump Administration Seeks to Negotiate with China on Shipping

CMA CGM Reverses Mali Suspension

CMA CGM Reverses Mali Suspension

LNG Canada Starts Up Kitimat Train 2

LNG Canada Starts Up Kitimat Train 2

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