Petrobras signs memorandum of understanding with Mozambique’s ENH for cooperation in the oil and gas sector

Sept. 26 - Petrobras signed a memorandum of understanding (MoU) with Mozambique's Empresa Nacional de Hidrocarbonetos (ENH) to establish the foundation for strategic cooperation between the companies in the oil and gas sector. The agreement's objectives include joint efforts in studies, assessment, development, and commercialization, as well as knowledge sharing and the exchange of technical... Continue Reading →

September 27, 2026 0

Petrobras signs 8 production sharing contracts in Côte d’Ivoire

Sept. 17 - Petrobras informs that its wholly-owned subsidiary Petrobras Netherlands B.V. (PNBV) has signed, with the Republic of Côte d’Ivoire and PETROCI Holding, Production Sharing Contracts (PSCs) for eight offshore exploration blocks located in the Republic of Côte d’Ivoire. The PSCs cover the offshore blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through PNBV,... Continue Reading →

September 17, 2026 0

Saipem Secures $350M Subsea Job at Azule Energy’s Angola Oil Project

Sept. 14 (OE) Saipem has been awarded a contract worth about $350 million for subsea work on Azule Energy's West Hub Tails oil project offshore Angola, part of the wider Agogo Integrated West Hub Development. The project is located about 180 kilometers offshore Angola in water depths of up to 1,750 meters. Under the contract... Continue Reading →

September 14, 2026 0

Eni, Vitol Eye Two More Offshore Blocks in Ghana

Sept. 11 (OE) Eni Ghana and Vitol have signed two memoranda of understanding (MoUs) with Ghana's government covering two offshore blocks in the Tano Basin, paving the way for the parties to finalize petroleum agreements. The MoUs cover blocks GH WB 3 and GH WB 8, which span about 2,100 square kilometers in water depths... Continue Reading →

September 11, 2026 0

TotalEnergies Finds Oil in Angola’s Block 17, Grows Interest in Two More

Sept. 10 (OE) TotalEnergies has made a new oil discovery at Acacia-5 in Angola's Block 17 and expects to bring it into production just three months after the June 2026 discovery, while expanding its exploration portfolio with operated interests in two additional offshore blocks. The Acacia-5 development will use available capacity on the Pazflor FPSO... Continue Reading →

September 10, 2026 1

ExxonMobil Makes New Oil Discovery in Angola’s Offshore Block 15

Sept. 9 (OE) ExxonMobil has made a new hydrocarbon discovery at the Vicango East-01 exploration well in Angola’s offshore Block 15, marking the third discovery in the prolific block in the past four years. The well encountered about 25 metres (82 feet) of high-quality, hydrocarbon-bearing sandstone with porosity of 22%, Angola’s National Oil, Gas and... Continue Reading →

September 9, 2026 0

ABS certifies FPSO design for South American and West African deep waters

Sept. 9 (offshore-energy.biz) South Korea’s Hanwha Ocean has secured a basic design review (BDR) certification from ABS for a standardized floating production, storage and offloading (FPSO) design developed for the South American and West African deepwater market, as well as related sustainability reviews. The review included the FPSO’s core design documentation and technical standards across key... Continue Reading →

September 9, 2026 0

Equinor Targets 27% International Production Growth by 2030

Aug. 27 (oilprice.com) Alongside boosting exploration and production offshore its home market Norway, Equinor is pursuing an international growth strategy, aiming to significantly increase its overseas oil and gas output by focusing on fewer but more lucrative regions such as the U.S., Brazil, and Angola. In recent years, Equinor has streamlined and high-graded its portfolio... Continue Reading →

August 28, 2026 0

Equinor Eyes Major Oil Discovery Offshore Namibia

Aug. 26 (oilprice.com) Norway’s energy major Equinor hopes to make a “pretty big” oil discovery offshore Namibia, the global exploration hotspot it has just entered, a senior company official said on Tuesday. Equinor hopes that the Petroleum Exploration License 90 (PEL 90) offshore Namibia could hold a big discovery similar to those TotalEnergies and Galp... Continue Reading →

August 27, 2026 0

Petrobras begins negotiations for exploration blocks in Ghana

Rio de Janeiro, August 21, 2026 – Petróleo Brasileiro S.A. – Petrobras informs that it has submitted an expression of interest in exploration blocks located in offshore areas of the Keta Basin, in Ghana, a country on the west coast of Africa. The Ministry of Energy and Green Transition of Ghana has approved the application... Continue Reading →

August 21, 2026 0