DOF Group Secures Major Subsea Contract, Deploys Six Vessels to Africa
Norwegian offshore supply vessel operator DOF Group has landed a substantial subsea umbilical, riser, and flowline (SURF) contract for an undisclosed energy company offshore Africa. As part of this high-value project, DOF will manage project execution, engineering, logistics, and the installation of flexible flowlines, risers, cables, and associated subsea structures. The company is also tasked […]
Equatorial Guinea to Launch Major Oil and Gas Licensing Round for 2025/2026
Equatorial Guinea has relaunched its open-door licensing process for 2025, setting the stage for a significant oil and gas licensing round at the end of 2025 or early 2026. This move is part of the country’s broader strategy to attract investment, increase hydrocarbon production, and enhance its global competitiveness. Minister of Mines and Hydrocarbons, Antonio […]
U.S. EXIM Re-Approves $4.7B Loan for Mozambique LNG
The U.S. Export-Import Bank (EXIM) has re-approved a $4.7 billion loan for TotalEnergies’ Mozambique Liquefied Natural Gas (LNG) project, one of Africa’s largest natural gas ventures. Initially approved in 2019, the loan was delayed due to security concerns in Mozambique’s Cabo Delgado province, which forced TotalEnergies to suspend development. However, following improved security conditions and […]
