Africa

Yinson Production achieves industry-first non-Brazil FPSO project bond at $1.46 billion

Yinson Production has closed the largest FPSO project bond to date at $1.458 billion, marking the first-ever non-Brazil issuance for the asset class.

Egypt and Chevron seal Mediterranean oil & gas exploration deal

Egypt secures new investment from Chevron to unlock Mediterranean gas reserves with 3D seismic data and two new wells.

When conditions become marginal, who makes the call?

Who can stop the operation, who can approve its continuation, and who carries overriding responsibility for vessel safety?

Yinson Production and Eni amplifying African FPSO’s gas capacity

Yinson Production has locked in a $600 million backlog boost after signing a contract amendment with Eni to overhaul an FPSO offshore Ghana.

BP taking the wheel of Namibian license trio as farm-in deal clear final regulatory gate

Namibia approves Eco Atlantic's farm-down to BP across three offshore licenses, bringing the partial divestment to the homestretch.

Subsea production systems for Mozambique’s deepwater LNG project ordered from OneSubsea

New JV set up in Nigeria for work with TotalEnergies and other oil & gas majors

TotalEnergies earmarks annual spend of up to $17 billion over next five years

TotalEnergies aims to keep its oil equivalent production steady at around 3 million barrels per day through 2035.

Noble’s 2013-built drillship scoops up 10-well job in Africa with Tullow Oil

Noble Corporation's 13-year-old drillship has lined up a multi-well assignment off the coast of Ghana.

Chevron and Egypt discuss next steps to speed up Mediterranean gas project

Egypt is putting its foot on the gas pedal in a bid to fast-track its Mediterranean energy hub ambitions by holding high-level talks with the U.S.-headquartered energy giant Chevron to secure an accelerated timeline to link its infrastructure to a gas field off the coast of Cyprus.

TotalEnergies greenlights gas project to feed one-third of Nigeria LNG train expansion

France’s energy giant TotalEnergies and its Nigerian local partner AMNI have decided to move forward with the development of a gas field off the African country’s coast, as a low-emission project set to supply roughly one-third of the feedstock required for the nation’s next liquefied natural gas (L

Australian oil & gas firm makes its first foray into Liberia’s deepwater arena

In a move designed to capitalize on renewed global industry interest in oil and gas exploration due to traditional supply chain woes and surging energy demand, Bounty Oil & Gas, an independent Australian oil and gas explorer and producer, has taken a step to widen its portfolio with the acquisition