Engineering, drilling, and construction company, Saipem, has been awarded a $325 million contract by Brazil’s state-run oil company, Petrobras, for the installation of a rigid riser-based subsea system offshore Rio de Janeiro.

BW Offshore, a leading operator of floating production storage and offloading vessels, has received a further extension from Petrobras concerning the Cidade de São Vicente field.

Ghana has named the Floating Production, Storage and Offloading (FPSO) vessel 'John Agyekum Kufuor' commissioned by Eni, Vitol, and Ghana National Petroleum Corporation (GNPC). John Agyekum Kufuor was Ghana’s former President.

Partners in Ghana’s Jubilee field continue with provisional fixing of the floating production, storage and offloading unit's (FPSO) turret bearing problems, expected to be completed in February 2017.

BW Offshore has signed a short-term interim extension agreement for the floating production, storage and offloading (FPSO) unit Abo with Eni subsidiary, Nigerian Agip Exploration.

Arnlea Systems has been awarded a contract to carry out inspection services for African-focused Tullow Oil Plc.

Ghana's Minister of Energy and Petroleum, Emmanuel Armah-Kofi Buah, said his country would relentlessly grow its oil reserves in order to ramp up and sustain oil and gas production