February 7th, 20190John Fredriksen’s Seadrill has announced the formation of a 50:50 joint venture with Empresa de Serviços e Sondagens de Angola, an affiliate of state-owned Sonangol, which will operate four drillships with a focus on opportunities in Angolan waters. Both Seadrill and Sonangol will bareboat charter two drillships into the joint...
January 10th, 20190Japan is pushing ahead with its largest ever overseas port development, which flies in the face of neighbour China’s One Belt, One Road initiative. Trading house Toyota Tsusho and state-run Japan Bank for International Cooperation are joining forces to raise funds for a huge port in southern Angola that could cost up to 70bn yen...
June 15th, 201712The NGO Human Rights At Sea (HRAS) has issued a shocking 18-page report on the plight of the suicidal former crew of a platform supply vessel detained in Angola since March. The former crew of the are currently facing a criminal trial in Soyo, Angola for allegedly being complicit in the theft of fuel despite not being arrested. The...
March 10th, 20160Total E&P Angola has awarded Technip Angola Engenharia, a joint venture (JV) between Technip and state energy company Sonangol, a three-year engineering services contract for four of its floating production storage and offloading (FPSO) units. The JV will provide engineering, technical assistance and other procurement-related...
February 24th, 20160Harkand and its local partner Esopeg have established Harkand Angola, a joint venture that will provide subsea inspection, repair and maintenance (IRM) services in the African country. “This new venture, combined with the operations of the Swordfish DP2 multi-purpose vessel in the country, provides a very sound and sustainable...
May 18th, 20150Athens: ENI Angola, part of Italy-based energy producer ENI, has extended its timecharter of one Ocean Rig drillship and extended its contract on another. Ocean Rig Olympia has won a new contract to drill in offshore Angola, starting in the third quarter of 2015. The contract is for a minimum period of eight months with a total...
May 1st, 20150San Francisco: ExxonMobil has begun oil exploration at its offshore Angola project Kizomba Satellites Phase 2 earlier than scheduled, the company announced on Thursday. Under this project the American multinational oil and gas giant is developing – along with some co-venture partners - three fields in the South Atlantic Ocean off of...
April 21st, 20150London: Puma Energy has opened what it says is the “world’s largest” conventional buoy mooring (CBM) system for loading and discharging fuel at its Fishing Port storage terminal at Luanda, Angola. The CBM is able to accommodate vessels of up to 225,000 dwt and draft of up to 19.3 metres, which includes some VLCCs. The mooring...
