Oil & Gas DECODED
Latest edition: 22 May 2024
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Spotlight
Saipem secures $3.7bn Angola contracts with TotalEnergies
The contracts are for the development of the Cameia and Golfinho oilfields roughly 100km off Angola's coast.
Latest news
Oil and gas contract momentum declines in Q1 2024
Europe recorded most of the contracts, with 381 contracts in Q1 2024, followed by North America and Asia with 345 and 229 contracts, respectively during the quarter.
ExxonMobil and Shell considering bids for stake in Galp's Namibia oilfield
TotalEnergies and Equinor are also interested in acquiring the 40% stake that Galp is looking to sell.
Hess faces three lawsuits over Chevron acquisition disclosures
The lawsuits come right before Hess shareholders vote on the $53bn deal on 28 May.
Perenco announces oil discovery offshore Congo
The company claimed that it is the first exploration success in the region in almost three decades.
BW Energy makes oil discovery in Hibiscus field offshore Gabon
BW Energy has reported a significant oil discovery on the northern flank of the Hibiscus field in the Dussafu licence offshore Gabon, following drilling of the DHIBM-7P pilot well.
TotalEnergies makes FID on Kaminho deepwater project in Angola
TotalEnergies, in partnership with Petronas and Sonangol, has reached a final investment decision (FID) for the Kaminho deepwater project in Block 20 in the Kwanza basin offshore Angola.
In our previous edition
Oil & Gas Decoded
Oil market faces uncertainties after Iranian president's death
21 May 2024
Oil & Gas Decoded
3R Petroleum agrees to merge with Enauta in $1.2bn deal
20 May 2024
Oil & Gas Decoded
WM weighing sale of $3bn renewable natural gas unit
17 May 2024
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