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Contracts & Tenders

TechnipFMC Wins Etinde FEED Contract

TechnipFMC an EPC company has been awarded a front end engineering design (FEED) contract for the development of the offshore IM gas condensate field at Etinde by Cameroon government. The Etinde Permit a formerly Block 7 lies in shallow water in the Rio del Rey Basin, offshore Cameroon, and comprises four proven reservoir intervals within […]

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Kosmos, BP Seals LNG Deal

Kosmos Energy said that together with its partners it hassigned an LNG supply deal with BP Gas Marketing for volumes from Phase 1 of the Greater Tortue A h m e y i m p r o j e c t . U n d e r t h e agreement with BP’s unit, the […]

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Tullow, Total to sell Kenyan oilfield stakes retain Natixis

London (Bloomberg) – Tullow Oil and Total are process to sell part of their stakes in oil discoveries in Kenya. According to familiar source, the French energy giant is planning to sell half of its 25% stake in the fields, said one of the people. Tullow said last year that it planned to reduce its […]

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Maersk Drilling receives notice of contract termination for two rigs

The Drilling Company of 1972 A/S (“Maersk Drilling”) announces that it has received notice of early termination for convenience of two drilling contracts. The first is the BG International Ltd contract, a subsidiary of Shell, has terminated the contract for the semi-submersible Mærsk Developer with immediate effect. The original end of contract was expected to […]

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Uganda Approves CNOOC’s Kingfisher project

Uganda’s environmental Ua g e n c y , N E M A , h a s a p p r o v e d C N O O C ‘ s environmental and social impact assessment report for the Kingfisher project following ten months of scrutiny and evaluation. Dr. Tom Okurut, NEMA’s executive director […]

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Egypt, Italy Sign EPC Contract Worth $2.5 billion

The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Italian Ambassador to Egypt, Giampaolo Cantini, witnessed the signing of Engineering, Procurement and Construction (EPC) contract for establishing a Mazut Hydro-cracking Complex in Upper Egypt, according to a press release. The contract was signed by the Head of Assiut National Oil Processing Company […]

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ExxonMobil Reviews Shelf Drilling Jack-Up Contract

ExxonMobil has considered reviewing of Jack-up drilling company Shelf Drilling contract. Shelf Drilling Company is one of the world’s largest jack-up contractors owning to number of its operational fleet size, has recently experienced another rig contract review within a short period. Dubai Petroleum was the first to cut the length of the Shelf Drilling Company […]

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Libongos wins nine-well contract offshore Angola

Sonadrill Holding Ltd., Seadrill Ltd.’s 50:50 joint venture with an affiliate of Sonangol E.P., has secured a nine-well contract offshore Angola for the drillship Libongos. The contract includes six one-well options. The estimated total tract value is $101 million with commencement expected in late 3Q 2019 and running to early 2021. The Libongos is the […]

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Nigeria LNG Seeks $10 Billion Expansion Loan

Nigeria LNG Ltd., the operator of Africa’s largest natural gas plant, is in talks with lenders to finance a $10 billion expansion. The company is discussing with the country’s top-10 lenders including Guaranty Trust Bank Plc and Zenith Bank Plc, to raise as much as $2 billion, and with foreign lenders and export-credit agencies for […]

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Green Energy Gets 40 MW Power Generation Licence

The Nigerian power sector regulator- Nigerian Electricity Regulatory Commission (NERC) has granted Green Energy International Ltd (GEIL), the Operator of the Otakikpo Marginal field an embedded Licence for forty Megawatts of electricity(40 MW) power plant.This is sequel to the company’s application for the power generation Licence for the company to utilize it’s gas resources for […]

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