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FPSO Awards Are Set To Recover To Seven Vessels Next Year

Hit by the second industry downturn in five years, global awards for floating production, storage and offloading (FPSO) vessels will likely be limited to a single unit in 2020, Rystad … Read More

FNB Consortium to Fund Total’s LNG Project in Mozambique

South African lender FNB Mozambique has announced that it is extended $15.8 billion to French Oil major Total to fund its massive liquefied natural gas (LNG) project in northern Mozambique. According to … Read More

NAMIBIA & BOTSWANA: Reconafrica Completes Technical Evaluation of the Conventional Structures Throughout The Entire Kavango Basin

Reconnaissance Energy Africa Ltd has pleased to announce the Company has completed a comprehensive subsurface evaluation delineating large scale, prospective conventional hydrocarbon bearing structures, throughout the entire Kavango Basin. The … Read More

EGYPT: TechnipFMC Signs a Major Contract For a New Hydrocracking Complex

TechnipFMC has signed a major Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery … Read More

CONGO: Zenith Signs Joint Venture Agreement For Acquisition of Second Oil Production Asset

Zenith Energy Ltd. has announced that it has entered into a joint venture agreement  with a local oil & gas company in the Republic of the Congo.  The primary objective … Read More

TANZANIA: African Energy Chamber Calls for a Quick Resolution After Arrest of Oil Companies Executives

The African Energy Chamber expresses its concerns over the alleged arrest and detention of three energy executives in Tanzania last week. Total Tanzania’s Managing Director Jean-Francois Schoepp, Puma Supply Manager … Read More

MOROCCO: Sound Energy Concludes A Re-negotiation of the Terms of its Anoual Exploration Permits

Sound Energy has announced that it has, together with its licence partners, successfully concluded a re-negotiation of the terms of its Anoual Exploration Permits with Morocco’s  National Office of Hydrocarbons … Read More