Saipem has been awarded new contracts in offshore drilling in the Middle East and in West Africa for a total amount of more than US$400mn
Saipem wins offshore drilling contracts in West Africa and Middle East
Industry
Helios and Sojitz collaborate in West African gas downstream businesses
Helios Investment Partners, the Africa-focused private investment firm, acting on behalf of funds it advises, and Sojitz Corporation, one of the leading conglomerate investment and trading houses listed on the Tokyo Stock Exchange, has completed the sale of a 25% interest in the holding company of Axxela
Invictus Energy to extend farm-in process for Zimbabwe’s Cabora Bassa project
Invictus Energy has granted Cluff Energy Africa’s (CEA) request to extend its farm-in option expiry and submit an updated binding offer
Chariot provides post-well analysis on Anchois-2 gas appraisal
AIM-listed Chariot, the Africa-focused transitional energy company, has provided an update on the post-well analysis of the successful Anchois-2 gas appraisal and exploration well, completed in January 2022, on the Anchois gas project within the Lixus licence, offshore Morocco
Subtech South Africa completes major B-BBEE transaction in marine economy
Subtech South Africa (Pty) Ltd, a subsidiary of innovative marine solutions provider James Fisher Subtech, has completed a major Broad-Based Black Economic Empowerment (B-BBEE) transaction, transferring a 51% stake in the business to South African Tacenda Consulting (Pty) Ltd and Thembani Shipping (Pty) Ltd
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