KOIL Energy Solutions has formed an alliance with Pipeline Network to expand its subsea products, rental equipment, field services and customer support across the Eastern Hemisphere.
Petrobras has completed the acquisition of a 75% stake and assumed operatorship of Block 3 offshore São Tomé and Príncipe. Oranto holds 15%, while the national petroleum agency holds 10%.
Eni has approved the Coral North floating LNG project off Mozambique, mirroring Coral South to double the nation’s LNG output beyond 7 million tonnes and reinforce Africa’s growing role in global energy supply.
TotalEnergies CEO Patrick Pouyanné confirmed the Mozambique LNG project remains budgeted at $20.5 billion as work transitions toward construction.
