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News
Exxon awards $1.1B in contracts for Mozambique's Rovuma LNG project (XOM:NYSE)
2+ hour, 6+ min ago (29+ words) Exxon Mobil said it awarded $1.1B of pre-investment equipment contracts for its Rovuma LNG Phase 1 project in Mozambique, the clearest signal yet that the long-delayed project will proceed....
Chevron discovers oil and gas condensate offshore Angola (CVX:NYSE)
8+ hour, 57+ min ago (25+ words) Chevron discovered oil and gas condensate at an exploration well offshore Angola, adding to its push to increase production in sub-Saharan Africa through infrastructure-led exploration....
South Africa's top court blocks Shell's offshore oil exploration campaign (SHEL:NYSE)
3+ day, 10+ hour ago (53+ words) Seeking Alpha South Africa's Constitutional Court ruled Friday that offshore oil exploration led by Shell (SHEL) cannot proceed, marking a key loss in the company's five-year legal fight with environmental activists. Shell (SHEL) will not be allowed to renew an…...
TechnipFMC scores 'significant' Azule Energy contract (FTI:NYSE)
5+ day, 14+ hour ago (14+ words) TechnipFMC wins a $75M–$250M contract for Azule Energy’s West Hub Tails in Angola....
Leading indicator index slips slightly more than expected in June
4+ week, 8+ hour ago (55+ words) Seeking Alpha The U.S. leading indicator index fell 0.2% M/M to 99.1 in June vs. -0.1% consensus and +0.1% in May, according to data released by The Conference Board on Monday. The print partially unwinds two months of gains but represents a much...
Welcome To Trillionistan. Don’t Get Comfortable
4+ week, 2+ day ago (120+ words) Seeking Alpha - For decades, steady jobs were safe while entrepreneurs gambled. The corporate ladder offered a predictable path with a paycheck, title, and a sense of progress. - Today, trillion-dollar quantities have become commonplace in economic and financial life. - Inflation is…...
SLB's OneSubsea wins EPC contract for Eni project offshore Ivory Coast (SLB:NYSE)
1+ mon, 4+ day ago (80+ words) SLB said its OneSubsea joint venture was awarded a multi-well engineering, procurement, and construction contract by Eni for Phase 3 of the deepwater Baleine project offshore Côte d’Ivoire. claffra/iStock Editorial via Getty Images sSLB (SLB) confirmed Monday that its OneSubsea…...
TechnipFMC to supply flexible pipes for Azule Energy’s Greater PAJ project (FTI:NYSE)
1+ mon, 3+ week ago (22+ words) TechnipFMC said it was awarded a "significant" contract from Azule Energy to supply flexible flowlines and risers for the Greater PAJ development offshore Angola....
Eni-BP JV approves $5.1B Angola offshore oil project (E:NYSE)
1+ mon, 3+ week ago (74+ words) Eni-BP joint venture Azule Energy said Monday it has issued a final investment decision for the $5.1B Greater PAJ offshore oil project in Angola. Panama7/iStock Editorial via Getty Images The Eni-BP (E) (BP) joint venture Azule Energy said Monday it has…...
Ghana's Gold Mining Reforms: Resource Nationalism By Regulation
2+ mon, 2+ week ago (124+ words) Seeking Alpha - Ghana's Minerals Commission found a more elegant mechanism - mandating that all mining operations be conducted by Ghana-owned contractors, effectively separating the license holder from the physical act of mining. - While the government has stated that the contractors have…...