Saipem wins major Baleine contracts, targeting 2023 start
Eni and Petroci have awarded two contracts for work in Cote d’Ivoire to Saipem, worth around 1 billion euros ($956 million).
Cote d’Ivoire
Adnoc, Eni talk up acceleration of Ghasha plan
Adnoc and Eni have held high-level talks on accelerating development at the Ghasha sour gas project, in a bid to increase global supply.
DNO makes move into West Africa with Foxtrot fling
Norway’s DNO has struck a deal to buy a stake in Foxtrot International, which owns gas producing assets in Cote d’Ivoire.
Eni boosts Baleine discovery with follow-up exploration
Eni (MIL:ENI) has drilled an exploration well marking a second discovery on the Baleine structure, offshore Cote d’Ivoire.
IHS sketches out development plans for Africa’s Atlantic discoveries
Major deepwater discoveries will require major project developments to commercialise, with gas playing a crucial role, analysts from IHS Markit have said during a recent webinar, in association with the African Energy Chamber.
Glencore cops to global bribery scheme, to pay $1bn penalty
Glencore has agreed to pay penalties of $1.06 billion to US and Brazilian authorities. More is to come in a UK settlement with the Serious Fraud Office (SFO).
Exploration is back on the menu in Africa, with big finds and strong prices
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
Eni sees African opportunities, including in its trees
Eni’s Scope 1 and 2 emissions increased in 2021, largely as a result of its African operations, but it offset this through the acquisition of 2 million tonnes of CO2 equivalent in forestry credits.
ESG uncertainty continues to disrupt industry M&A
High energy prices have revived interest in Africa’s oil and gas, but financing remains painfully hard to secure, amid ESG uncertainty.
Local content on the rise in Cote d’Ivoire
Cote d’Ivoire’s oil and gas has a history dating back to 1977 but it is Eni’s recent Baleine discovery that has rejuvenated interest in the country.
Eni flags Africa and gas growth to tackle demand crunch
Africa will play a critical role in providing more supply for Eni’s portfolio, CEO Claudio Descalzi set out during the company’s capital markets day.
Tullow flexes positive plans on improved optimism
Amid higher oil prices, Tullow Oil is beginning to scale up its growth plans once more, raising near term possibilities for drilling around TEN and further out plans for gas and Kenya.
Tullow aims for production growth in 2023
Tullow Oil’s shift to a more conservative stance is paying off, it seems, with debt down and cash flow on the rise.
Eni scopes out net zero gas plan for Baleine
Eni is working on net zero plan for its Baleine discovery, offshore Cote d’Ivoire, in a pioneering industry move.
Eni, Cote d’Ivoire talk Baleine development
Eni CEO Claudio Descalzi has held talks with Cote d’Ivoire President Alassane Ouattara on plans to fast track the development of the Baleine 1-X discovery.
Eni breaks open new play offshore Cote d’Ivoire
Eni has made a major discovery offshore Cote d’Ivoire at its Baleine-1x well.
Groupe Filatex ups ambition in Madagascar and beyond
Groupe Filatex is a Madagascan company that has plans to be a leading light in Africa’s renewable energy sector.
Valaris wins TotalEnergies well in Cote d’Ivoire
Valaris has won a one-well contract from TotalEnergies for work in Cote d’Ivoire, as operations begin to resume in the West African state.
GE touts ‘no regrets’ in gas for Africa
Developing gas and renewables together will provide a “no-regrets path” to cutting emissions and increasing electrification, GE Gas Power Sub-Saharan Africa’s CEO has said.
Two die on Espoir Ivoirien FPSO
An accident on the Espoir Ivoirien floating production, storage and offloading (FPSO) vessel, offshore Cote d’Ivoire, has caused two deaths.
Tullow focuses on West African delivery
Tullow Oil is moving away from its focus on asset sales and has set out a long-term vision, under which it will generate $7 billion over the next 10 years.
Sapura wins Qatari, Congolese work from Total
Sapura Energy has won a number of contracts, including pipeline works for Qatar’s Al-Khalij field, from Total E&P Golfe.
A new normal for energy?
COVID-19 has changed the world in many ways and energy hasn’t been excused. In early 2020, there was a perfect storm of excess supply and massive reductions in demand. Since then, the market has become far more balanced and the oil price seems to be tightly bound in a narrow price range.
Sapura wins Cote d’Ivoire drilling
Sapura Energy will drill offshore Cote d’Ivoire in the first quarter of 2022 for Foxtrot International.
FMO backs Lumos expansion in Cote d’Ivoire
The Netherlands’ FMO development bank has set out new funding for solar power company Lumos for expansion in Cote d’Ivoire.