News
Azule Energy offloads stakes in two blocks offshore Angola
6+ hour, 19+ min ago (317+ words) Azule Energy has signed a sale and purchase agreement (SPA) with Etu Energias Block 14 (Etu Energias) for the sale of its participating interest in offshore blocks 14 and 14K located in the Lower Congo Basin. This transaction is valued at up to…...
WATCH: FLNG mooring system slides in place offshore Congo
3+ hour, 18+ min ago (304+ words) The company explains that the installation of the FLNG mooring system in the Marine XII block was done in partnership with China's Wison New Energies. Geocean carried out the transport and installation of the FLNG mooring system at Eni's Congo…...
Pancontinental picks up 12-month extension for Namibia’s Orange Basin permit
1+ week, 2+ day ago (388+ words) Pancontinental Orange, a subsidiary of Australia-based petroleum exploration player Pancontinental Energy, has secured a one-year extension of its license off the coast of Namibia. Pancontinental has received a notification from the Namibian Ministry of Industry, Mines and Energy (MIME) stating…...
Seadrill’s JV with Sonangol lines up more work for 2015-built drillship in Angola
1+ week, 3+ day ago (183+ words) Sonadrill has been awarded a contract extension in Angola, thanks to the seven-well priced option for the Sonangol Quenguela'drillship, which extends operations in the country by approximately 480 days. The extension commits the rig into June 2028. Seadrill explains that it earns…...
Angola’s first non-associated gas development goes live
1+ week, 3+ day ago (537+ words) Azule Energy, a joint venture between two energy majors, Italy's Eni and the UK's BP, has'put into operation an offshore project, which is described as the first non-associated gas development in Angola. The Angolan National Agency of Petroleum, Gas and…...
FPSO on its way back to Côte d'Ivoire as US firm continues its drilling ops in Gabon
2+ week, 7+ hour ago (533+ words) While providing an update on the planned dry dock refurbishment for the FPSO Baobab, which ceased hydrocarbon production on January 31, 2025, with the final crude oil lifting in February 2025 before the vessel departed the field in late March 2025 for Dubai for…...
First oil gushes out from Azule Energy’s project in Angolan waters
1+ mon, 1+ week ago (470+ words) The National Agency for Petroleum, Gas and Biofuels (ANPG) and Azule Energy confirmed the Ndungu full field start-up on February 18, 2026, with oil flowing from three production wells. This achievement is seen as another significant milestone within the broader Agogo Integrated…...
Pre-emption twist may block or delay BW Energy’s entry into Angola’s oil & gas arena
1+ mon, 3+ week ago (285+ words) The company, in a consortium with Maurel & Prom, inked an agreement in December 2025 to buy a combined 20% non-operated interest in'Block 14'and 10% in'Block 14K'offshore Angola from Azule Energy, a joint venture between two energy majors, Italy's Eni and the UK's BP....
WATCH: 40-year-old FPSO comes to Spanish shipyard ahead of work in Southeast Asia
1+ mon, 3+ week ago (342+ words) After Amplus Energy acquired the'FPSO Petrojarl'I'last year'and made'progress in preparing the vessel'for future redeployment, Finder Energy picked the vessel for its Kuda Tasi and Jahal oil (KTJ) fields'project in Timor-Leste waters. As a result, the ownership of the FPSO was…...
Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon
2+ mon, 3+ hour ago (468+ words) While discussing the Netherlands-based player's key growth markets, the firm's Chief Business Officer underlined that 13 of the company's 16 FPSOs in operation are on work assignments in South America, with nine being deployed in Brazil and four in Guyana. As a…...