The Lake Albert development, including export pipeline, will cost $15 billion with contracts expected to be dished out following final investment decision (FID) on April 11.
Oil & Gas
Qatargas will exercise two options for additional work on the North Field Production Sustainability (NFPS) offshore project under a contract with Saipem.
Puma Energy has equipped 14 of its sites in Ghana with solar power, with total capacity of 422 kWp.
Energy service firm Petrofac today announced the award of a one-year extension to its integrated services contract with North Sea operator Neo Energy.
Sasol is seeking suppliers to provide it with renewable energy at its South African operations.
Shell North Sea boss Steve Phimister is moving to the Middle East as part of a new role with Petroleum Development Oman (PDO).
A Norwich-headquartered offshore engineering solutions firm has secured its largest riser analysis deal to date.
Kosmos Energy has appointed two former Cobalt International Energy executives to run its exploration business.
Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction.
A price war may be looming in the global oil market as rising output from OPEC+ and the Middle East boosts the competitiveness of the region’s shipments, potentially forcing other suppliers to discount their barrels.
Jersey Oil and Gas has announced the appointment of Les Thomas to its board as an independent non-executive director.
Italy’s Eni has expanded its acreage position around a major gas discovery offshore Vietnam after acquiring a 100% interest in Block 115/09 from struggling Singapore company KrisEnergy.
EnQuest has handed in the decommissioning plans for its Heather platform in the North Sea.
Trade body Subsea UK has entered into a partnership with its counterpart in the electronics industry to unlock untapped opportunities.
Santos is seeking buyers for a 20-30% stake in its large Dorado oil project and Bedout exploration portfolio offshore western Australia estimated to be worth up to $200 million. Significantly, there is expected to be global interest in the sales process, which could be particularly appealing for Asian national oil companies (NOCs).
UK-listed Advance Energy has successfully raised the capital to acquire a 50% stake in the Buffalo project off East Timor. Drilling at the redevelopment project later this year is targeting a potential oil bonanza.
Japan’s Toho gas is the latest Japanese company to receive a liquefied natural gas (LNG) cargo that has had its emissions offset by carbon dioxide (CO2) credits. Significantly, the Nagoya-based gas company has pledged to buy more carbon neutral LNG after receiving its first shipment on 8 April.
The Argos platform for the BP-operated $9 billion Mad Dog 2 project has arrived in the US after completing its 16,000-mile journey from South Korea.
Laboratory services firm Oleochem Project Management (OPM) has "broadened" its offering through the acquisition of a north-east rival.
George Maxwell has been named as Vaalco Energy’s new CEO, replacing Cary Bounds.
Worley has won a maintenance and integrity contract in Oman, working with Arabian Industries Projects (AIP).
The Nigerian Content Development and Monitoring Board (NCDMB) is ready to work with former militants, although warning that the oil and gas industry will not be able to provide all the jobs required.
Penspen has won a four-year contract to procure and construct flowlines and wellheads for 51 wells for ADNOC Onshore.
ION Geophysical has won 3D work offshore Kenya, ahead of a licence round expected in the near term.
The world’s largest construction vessel, Pioneering Spirit, completed a large-scale operation in the Firth of Forth on the weekend.