Maersk Drilling – a Drilling Company of 1972 A/S has announced that it has entered into a definitive agreement to combine with Noble Corporation in a primarily all-stock transaction. The two merged drilling giant will now addressed as Noble Corporation, and its shares will be listed on the New York Stock Exchange and Nasdaq Copenhagen. […]

After three days in Glasgow for COP26, you can’t help but ask yourself where do we go from here as an African energy sector. I maintain my disappointment with the global elites for failing to invite the oil and gas industry. Oh well, they invited me. With dire warnings about the impending dangers of climate […]

Lagos — Construction of the 160, 000 barrels Amukpe-Escravos pipeline The Amukpe-Escravos Pipeline Project (AEPP) is a 20”X67km Crude Oil pipeline which will serve as an alternative (ultimately the mainstay) to the existing Seplat/Shell 24”/28” export pipeline to Forcadosis gradually drawing to a close and first crude  in situthe pipeline is expected at the fourth quarter […]

The Saudi Electricity Company and the Egyptian Electricity Transmission Company have recently signed the awarding contracts of the electrical interconnection project between the Kingdom and Egypt. The contracts, which were signed simultaneously between Riyadh and Cairo, included contracts with three consortiums of international and local companies to implement the connection project, which has a capacity […]

EnQuest PLC “EnQuest” or the “Company” is pleased to announce that it has completed the acquisition (“Completion”) of a 26.69% non-operated equity interest in the Golden Eagle Area Development (the “Acquisition”). As the Acquisition constitutes a reverse takeover under the Listing Rules, the admission of the Company’s ordinary shares (the “Ordinary Shares”) to the premium […]

Tullow Oil plc is pleased to announce the appointment of Phuthuma Nhleko as an independent non-executive Director and Chairman-designate of Tullow. Phuthuma will join the Board as a non-executive Director on 25 October 2021 and will take over as Chairman of Tullow from Dorothy Thompson, CBE, following a suitable handover period and after Dorothy steps […]

The Norwegian Petroleum Directorate has issued a drilling permit to Aker BP ASA for well 24/12-7, to be drilled from the Deepsea Stavanger drilling facility. The drilling programme for well 24/12-7 relates to the drilling of a wildcat well in production licence 1041. Aker BP ASA is the operator with an ownership interest of 55 […]

Shearwater GeoServices Holding AS has announced the award of a 3D seismic survey contract for acquisition in South Africa.The survey will acquire over 6,000 sqkm of 3D seismic data and be acquired by the Amazon Warrior. The project is planned to last approximately four-months. The Amazon class vessels are seismic acquisition vessels designed from the […]

The Board of Eni, chaired by Lucia Calvosa, has approved the launch of a process for an Initial Public Offering and listing of shares in Eni’s newly merged Gas&Power retail and renewables business. Eni has concluded that an IPO is the preferred route to crystallize the value of the business and plans to complete the […]

Yinson has revealed that the FPSO Anna Nery project is still on track with over 10.5 million manhours without any Lost Time Injuries (LTIs) thus far. Upon completion of repair and life extension works at CoscoChangxing, the vessel has recently moved to CoscoQidong where topside module integration and testing have commenced.  Despite the challenges brought […]