McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract for the Rovuma LNG Phase 1 Project in Mozambique, a joint venture between ExxonMobil Development Africa B.V., Eni S.p.A. and CNODC Dutch Cooperatief U.A. The Rovuma LNG Phase 1 project represents a significant development […]

The Nigerian presidential spokesman and senior special assistant Stanley Nkwocha disclosed that ExxonMobil has unveiled plans to invest $10 billion in Nigeria’s deepwater oil development. Nigeria’s Vice President Kashim Shettima “welcomed ExxonMobil’s proposed $10 billion investment in Nigeria’s deep-water oil operations, describing it as a clear testament to the administration’s economic reforms and investment-friendly policies,” […]

Further to the announcement of 14 June 2024 regarding the entry into a conditional binding Sale and Purchase agreement for the partial divestment by Sound Energy of its Moroccan assets (the “SPA”) by way of the disposal by the Company of the entire issued share capital of the Company’s wholly owned subsidiary Sound Energy Morocco […]

Chariot Limited has presented its interim results outlining the workstreams and progress across its business pillars through June and post-period to date. Within each of these verticals, the company is looking to develop domestic energy resources that can provide accessible, sustainable solutions and help alleviate power poverty across the African continent. This is the ethos […]

As part of the Board’s effort to boost access to in-country marine vessel capacities, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled the Marine Vessel Information System Software (MAVIS) to industry stakeholders in Lagos. The application was unveiled at an engagement organized by the Board in Lagos on Wednesday. Speaking at the program, […]

Italy’s Eni considers Libya a key country for upstream activities and plans to start exploration in the Ghadames basin next year, the energy group’s head of North Africa and Levant said on Monday. “We have never stopped looking at Libya as a crucial region for oil and gas production,” Martina Opizzi said during a panel […]

Corcel, the pan Angola-Brazil focused energy company, has announced that its 90% subsidiary, Atlas Petroleum Exploration Worldwide Limited (APEX), has received authorisation from the National Concessionaire of Angola, the National Agency for Petroleum, Gas and Biofuels (ANPG) for the assignment of an additional 20% interest in its operated block KON-16, onshore Angola. The assignment of […]

Specialist provider of offshore support services, Interocean Marine Services (Interocean), has announced it is supporting a groundbreaking floating dock ship project in Ghana. In partnership with Prime Meridian Docks Ghana, this major initiative involves the building and operation of a floating dock ship repair facility at the port of Takoradi. This promising project, nicknamed ‘Project […]

In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd. has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects. NNPC Ltd.’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the sidelines of the ongoing 2024 […]

In the course of boosting the country’s investment portfolio in the energy industry, NNPC Limited is actively participating in key discussions at Gastech 2024 in Houston, Texas, focusing on the exchange of insights regarding real-world strategies and business models that are driving climate actions. The globally acclaimed energy event which has currently entered Day 2, […]