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ANGOLA: TechnipFMC Awarded Significant Contract by TotalEnergies for Subsea 2.0™ Production Systems

TechnipFMC has been awarded a significant contract by TotalEnergies EP Angola to supply subsea production systems for the CLOV3 development in Block 17, offshore Angola. It is the first contract under … Read More

Libya Ready to Bridge Europe’s Oil & Gas Needs

In the presence of the President of the Italian House of Representatives, the Prime Minister of Italy and many European international institutions personalities, the President of the Italian Republic opened … Read More

UGANDA: Schlumberger Awarded Extensive Service Contract for Tilenga Onshore Oil Development

Schlumberger has announced that it has been awarded an extensive contract for drilling, completions and production services by TotalEnergies for its Tilenga onshore oil development in Uganda. The scope of … Read More

UGANDA: Seven Recommendations After the Final Investment Decision

Source: Natural Resource Governance Institute On Tuesday 1 February 2022, the project’s joint venture partners, TotalEnergies, China National Offshore Oil Corporation (CNOOC) and Uganda National Oil Company (UNOC), announced that … Read More

Africa Oil Announces Record Financial Results and 2022 Management Guidance

Highlights Record full-year net income of $190.7 million or $0.40 per share. Cash balance at December 31, 2021 of $58.9 million. Our corporate facility has been fully repaid and $100m of the facility remains available for general corporate purposes … Read More

NAMIBIA: TotalEnergies Makes a Significant Discovery at the Venus Prospect

TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X … Read More

Gas Output from Sub-Saharan Africa set to Double by 2030, Driven by Deepwater Developments

Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent per day (boepd) in … Read More

NAMIBIA: Shell Strikes Oil at Graff-1 Deepwater Wildcat

The National Petroleum Corporation of Namibia (NAMCOR), the Namibian state-owned oil company, and its partners, Shell Namibia Upstream B.V and Qatar Energy, are pleased to announce that the Graff-1 deep-water … Read More

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