BP, Angola in Offshore Oil Agreement

BP signed an agreement with Angola aimed at acquiring oil further exploration rights, state news agency Angop reported, the latest in a flurry of agreements between oil majors and Africa's second-biggest exporter. The deal with the country's petroleum regulator ANPG defines the terms for a risk-sharing contract on offshore oil block 18/15 and was signed... Continue Reading →

InterMoor Kicks Off FPSO Chain Inspection Works Off Brazil

InterMoor has started working on a chain inspection job offshore Brazil, in partnership with 3 other Acteon Group sister companies. The team will inspect the mooring lines of six FPSOs. The project consists in performing full inspection on all mooring lines, an equivalent of 28km of chain/polyester. Continue reading

Eni, Total Win Three Angola Blocks

Italian oil major Eni and France's Total were among the successful bidders for rights to develop three offshore blocks in Angola out of 10 auctioned late last year, the country's petroleum regulator said on Thursday. Eni and Total won operator rights to blocks 28 and 29 respectively in the offshore Namibe basin, while Angola's state... Continue Reading →

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