Africa

Earnings , Technology

Offshore, International, Digital Drive 4Q Results at SLB

Offshore sector’s long-cycle developments and continued international investments contribute to upcycle.

January 22, 2024

Reservoir Evaluation , Artificial Intelligence , Drilling , Subsea

E&P Highlights: Jan. 12, 2024

Here’s a roundup of the latest E&P headlines, including an SLB-Nabors collaboration and new contract awards.

January 15, 2024

Investment

TotalEnergies Ups Stake in Two Blocks Offshore Namibia

TotalEnergies is acquiring an additional 10.5% participating interest in Block 2913B and an additional 9.39% participating interest in Block 2912.

January 10, 2024

Liquefied Natural Gas (LNG) , Transactions

Vopak Consortium Selected to Operate New LNG Terminal in South Africa

Vopak, in a partnership with Transnet Pipelines, was selected to develop and operate an LNG terminal at the Port of Richards Bay in South Africa for 25 years.

January 10, 2024

Rig Counts

Despite GoM Struggles, 2024 is Still Ripe for Offshore Rigs

Though industry experts are predicting 2024 to be a slow year for rigs in the Gulf of Mexico, there is plenty of opportunity for contracts to be awarded in other markets.

January 7, 2024

Solar , Wind , Energy Storage , Hydrogen , Renewables , International

Energy Transition in Motion (Week of Jan. 5, 2024)

Here is a look at some of this week’s renewable energy news, including a step forward for BP’s efforts to transform an old oil refinery into a biofuel facility.

January 5, 2024

Liquefied Natural Gas (LNG) , Investment

Eni Introduces Gas into Republic of Congo’s Tango FLNG Facility

Eni made a final investment decision for the offshore Tango FLNG facility 12 months ago.

January 1, 2024

International , Crude Oil

Angola Leaves OPEC, in Blow to Producer Group

Angola, which joined OPEC in 2007, produces about 1.1 MMbbl/d, compared with 28 MMbbl/d for the whole group.

December 21, 2023

Acquisitions & Divestitures

Harbour to buy Wintershall Dea’s Global Upstream Assets for $11.2B

Harbour Energy reached an agreement with Wintershall Dea shareholders BASF and LetterOne to buy its upstream assets in Europe, South America, North America and Africa.

December 21, 2023

Joint Ventures , Hydrogen

ACWA, Egypt Ink $4B Hydrogen Deal

ACWA Power and Egypt’s framework agreement lays out plans to develop a green ammonia project and a larger green hydrogen project.

December 20, 2023