The leading Portuguese energy and power solutions provider Efacec has received an international contract worth US$11.14mn for the construction of two power substations in Bor, the capital of Guinea-Bissau, in order to double the electrical capacity of Bissau
Source: African Review
Efacec wins international contract to build power plants in Guinea-Bissau
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The Saudi navy seizes a boat carrying weapons as it approached the kingdom’s offshore Marjan oilfield in the Gulf.
Source: Offshore
Saudi Navy Seizes Boat With Weapons Near Offshore Oilfield
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Industry Technology Facilitator (ITF) is launching a series of tech talk events to support and promote the developer community and increase interaction with oil and gas operators.
Source: Offshore
Industry to Benefit from Tech Talk Events
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EQT to buy Rice Energy for $6.7 billion in its biggest deal ever, as it looks to expand its natural gas business.
Source: Offshore
Oil And Gas Producer EQT To Buy Rice Energy In .7B Deal
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The Oil and Gas Authority (OGA) announces a number of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS).
Source: Offshore
OGA Announces Measures to Stimulate UKCS Interest
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Libya’s oil production has risen by over 50,000 barrels per day (bpd) to 885,000 bpd after the state oil firm settled a dispute with Germany’s Wintershall.
Source: Offshore
Libya's Oil Output Rises To 885,000 Bpd Following Wintershall Deal
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Rosneft discoveres hydrocarbon deposits on the Eastern Arctic shelf.
Source: Offshore
Rosneft Discovers Hydrocarbons on Eastern Arctic Shelf
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Mexico’s Gulf of Mexico shallow water auction nets 10 bids on 15 blocks June 19 – an amazing result for Mexico, analysts say.
Source: Offshore
Mexico Whets Foreign Oil, Gas Appetite: Awards 10 Shallow Water GOM Blocks
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As Mexico opens its energy market to more private investment, the country’s drive to exploit untapped deepwater oil riches has raised safety concerns.
Source: Offshore
Mexico Oil Sector Accidents Raise Doubts About Deep Water Exploration
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Oil prices fell about 1 percent to a seven-month low.
Source: Offshore
Oil Falls To 7-Month Low On More Signs Of Growing Crude Glut
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