Eni SpA is looking to sell assets in Norway and the Republic of Congo as oil’s slump prompts companies across the industry to rein in spending, according to people with knowledge of the matter.
A South African oil-exploration company has turned to U.S. courts in a bid to enforce a $619 million arbitration award against the Democratic Republic of Congo.
London-listed Soco International has struck a deal to sell its assets in Congo for $10 million.
A north-east man has died in an industrial accident while working off the coast of Africa.
Total today confirmed first production for its offshore Congo development.
Blaze Manufacturing ended 2016 on a roll with a series of contract wins that ensure a robust start to 2017, despite the harsh times still being endured by the North Sea oil & gas industry.
A worker died yesterday after a fire broke out on a platform off the Republic of Congo, Italian energy firm Eni has said.
SOCO has commenced drilling from the Baobab Marine-1 well in the Mer Profonde Sud block, offshore the Republic of Congo.
Total said the Moho Phase 1b project in the Republic of the Congo has been brought on stream. The company said the site, which is 75 kilometres off the coast of Pointe-Noire, has a production capacity of 40,000 barrels of oil equivalent per day. The project will involve the drilling of 11 new subsea well and the installation of the two most powerful subsea multiphase pumps in the world.
Subsea company Ocean Installer has been awarded a contract for deep water UFR (umbilicals, flowlines and risers) installation work with Total at the Moho Nord field off the coast of the Republic of Congo.