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
Exploration
Reconnaissance Energy Africa highlights multiple drilling prospects for Kavango basin
Reconnaissance Energy Africa Ltd has provided an exploration update for the Kavango Basin in NE Namibia and NW Botswana, highlighting multiple drilling prospects and new play types following the integrated analysis of the two stratigraphic test wells and first phase of 2D seismic
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
Eni's CEO discusses Egypt's gas hub ambitions with President of Egypt
Claudio Descalzi, CEO of Eni, has met with the President of the Arab Republic of Egypt, Abdel Fattah el-Sisi to discuss Eni’s activities in the country and the areas of common interest and collaboration
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