Shino backs ReconAfrica in committee talks
Namibian Petroleum Commissioner Maggy Shino has defended Reconnaissance Energy Africa’s conduct in the Kavango region.
GMS reports profit, eyes better days
Gulf Marine Services (GMS) expects day rates to improve in the second half of the year driving EBITDA higher.
ICJ finds for Somalia in offshore carve-up
The International Court of Justice (ICJ) has found in favour of Somalia in a ruling on maritime boundaries in the Indian Ocean.
Ocean Infinity continues deal mania with Red Rock move
Ocean Infinity has bought Red Rock, a technology company that supports autonomous port operations.
BW Energy takes two blocks in Gabon’s delayed round
BW Energy has signed up to two new exploration blocks offshore Gabon as part of the country’s often delayed 12th offshore licensing round.
Mammoet swings into action in Djibouti
Siemens Gamesa Renewable Energy (SGRE) has contracted Mammoet to offload and assemble wind turbines at Djibouti’s Goubet project.
Petroleum no more, QP rebrands as Qatar Energy
Qatar Petroleum (QP) has rebranded as Qatar Energy, describing itself as “your energy transition partner”.
Fuel shortages drive “range anxiety” woes
UK drivers face “range anxiety” as a result of fuel shortages, while a cold winter could push Brent prices to $100 per barrel, BofA Securities has warned.
EG LNG out of action following “incident”
An unspecified incident on September 26 has disrupted operations at Equatorial Guinea’s LNG plant.
Evolving and adapting for the changing times
The world and energy markets are turbulent and demands for change are coming from all areas. For companies to benefit from these changes, they must focus on doing today’s operations in a more sustainable manner, whilst expanding into new areas.
ReconAfrica nears completion of seismic amid complaints
Reconnaissance Energy Africa has come under fire for alleged damage during its 2D seismic campaign, with calls for the Namibian government to withdraw approval.
Fuel prices halve Nigerian oil revenues, piling on debt pressure
High fuel prices have continued to put pressure on Nigeria’s coffers, cancelling out oil price gains for Nigerian National Petroleum Corp. (NNPC).
Petrofac eyes Russian expansion via Gazprom deal
Petrofac has signed up to a strategic partnership with Gazprom, with the aim of establishing itself in Russia.
Geofizyka Torun starts Mozambique seismic for Sasol
Geofizyka Torun has begun shooting 3D seismic onshore in Mozambique for Sasol.
Stabroek hits 10 billion barrel mark with new find
A 21st discovery on the Stabroek block has increased the gross discovered recoverable resource to 10 billion barrels of oil equivalent.
Green financing on the rise
Extreme and tragic weather has brought the issue of climate change back to the spotlight, reinforcing why the issue needs to be top of the global political agenda.
European demand sparks Russia, US supply interest
Europe has “made mistakes”, Russian President Vladimir Putin said on October 6 during talks with his energy officials.
Pay South Sudan to leave the oil in the ground, ICG suggests
South Sudan has largely squandered its oil revenues, with International Crisis Group (ICG) suggesting the state be paid to not produce.
Sasol signs up green hydrogen study in northwest
Sasol has signed up to investigate the potential for a green hydrogen hub at Boegoebaai, in the Namakwa special economic zone (SEZ).
Stena Power, GES launch LNG partnership
Stena Power and LNG Solutions has teamed up with Global Energy Storage (GES) to launch a new partnership on LNG projects.
Nigeria’s southern governors agitate for more
A number of Nigerian governors have called for the federal government to revisit the Petroleum Industry Act (PIA).
HMS Trent sets sights on security in Gulf of Guinea
A Royal Navy ship is on its way to the Gulf of Guinea, amid a continued focus on security.
Exxon, Shell in East African LNG race
ExxonMobil continues to hold out hope for its Rovuma LNG project, in Mozambique, while Shell has held talks with the Tanzanian government on another East African export plan.
Greenpeace advertising protestors arrested at Shell’s Rotterdam site
The Dutch police have arrested a number of Greenpeace activists following a protest focused on greenwashing in the port of Rotterdam.
Libya launches new refinery plans
Libya has established the South Refinery, intended to resolve fuel shortages and unemployment in the country’s south.