Tullow awards TechnipFMC first iEPCI contract offshore Ghana

TechnipFMC has secured its first integrated engineering, procurement, construction and installation (iEPCI) contract with Tullow Oil for the Jubilee South East development offshore Ghana. The contract covers supply and offshore installation of all major subsea equipment, including manifolds and associated controls, flexible risers and flowlines, umbilicals, and subsea structures. The company said it had utilized... Continue Reading →

Report: Angola Owes $1 Billion to Western Oil Firms

(Reuters) Angola has accumulated around $1 billion in debt to western oil companies operating its oilfields, with the bill prompting the African country’s recently launched sale of stakes in its flagship offshore blocs, three industry sources told Reuters. The magnitude of the debt, built up over several years, is a sign of deepening financial woes... Continue Reading →

Chevron Hires Shelf Drilling Jack-up Rig for Angola Drilling

Jack-up drilling contractor Shelf Drilling has been awarded a one-year contract for the Shelf Drilling Tenacious jack-up rig with Chevron's Angola subsidiary Cabinda Gulf Oil Company. The contract in Angola is expected to start in January 2022, and, according to the offshore drilling rig owner, includes multiple option periods.David Mullen, Chief Executive Officer, Shelf Drilling,... Continue Reading →

TotalEnergies books Valaris drillship

Offshore drilling contractor Valaris has been awarded a one-well contract for a drillship with Total for operations offshore Ivory Coast. Valaris said on Tuesday that the contract has been awarded to the drillship Valaris DS-12. The contract is expected to start in the third quarter of 2021. No further information about the contract have been... Continue Reading →

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