(WO) –TotalEnergies announced the Ntokon oil and gas discovery on OML102 offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 m of net oil pay and 15 m of net gas pay, while its side-track Ntokon-1G1 encountered 73 m of net oil pay, in well-developed and excellen...

(WO) – Perenco in Cameroon announced the signing of a new Production Sharing Contract for the continued development of the Rio del Rey basin offshore Cameroon. Valid for 20 years, the contract with Société Nationale des Hydrocarbures (SNH) presents the opportunity for Perenco to continue its investment in the basin, which today accounts for app...

(WO) – Petrofac has entered into a definitive agreement with STEP Polymers SPA (‘STEP’, a 100% subsidiary of Sonatrach) for the design and build of its petrochemical complex in the Arzew Industrial Zone in Algeria. As previously announced, Petrofac will deliver the $1.5 billion project with its joint venture partner, China Huanqiu Contr...

(WO) – MicroSeismic, Inc. will receive $1,096,839 as part of a Phase 2 Department of Energy SBIR Grant program in support of scientific energy innovation and clean energy development. The Phase 1 DOE/SBIR grant MicroSeismic received in 2022 covered the modeling, design, and planning for the installation, and operation of a turnkey microseismic mo...