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Transocean rig duo staying longer on drilling gigs in Norwegian waters

Switzerland-based offshore drilling contractor Transocean has picked up multimillion-dollar extensions for two of its harsh environment semi-submersible rigs deployed off the coast of Norway. Thanks...

BP Q4 2025 underlying RC profit falls 32% to $1.5bn

  BP said profit declined compared with Q3 2025 because upstream realisations were lower and its production mix changed.British oil and gas company bp has reported...

Access Bank’s bid for South African bank collapses

Access Holdings Plc has confirmed that its banking subsidiary, Access Bank Plc, has failed to complete its proposed acquisition of a 100 per cent...

Vantage Drilling’s 2010-built drillship lines up multi-year gig in India

Vantage Drilling International, a Bermuda-exempted offshore drilling contractor, has landed a long-term assignment for its 16-year-old drillship off the coast of India with the...

Pre-emption twist may block or delay BW Energy’s entry into Angola’s oil & gas arena

    Oslo-listed oil and gas E&P player BW Energy is facing a pre-emption challenge, spurring uncertainty over its acquisition of two blocks off the coast...

Airport cargo agents halt operations over tariff hike

Cargo agents at Murtala Muhammed Airport have halted cargo processing in protest against the Federal Airports Authority of Nigeria’s upward review of cargo tariffs....

Karpowership’s affiliate dishes out millions to take over Seatrium’s US shipyard

With the completion of a multimillion-dollar sale deal, Seatrium AmFELS, a subsidiary of Singapore’s Seatrium, has handed over a shipyard in Texas to Karpower...

Cancelled sailings pierce New Year optimism

Container market volatility has continued into the New Year with the expected pre-Lunar New Year rush grinding to a halt well ahead of the...

Corpus Port Christi posts 2025 volume decline

The Port of Corpus Christi volumes in 2025, declined marginally by 1.5% to 203.4 million tonnes compared to 206.5 million tonnes in 2024. Last year,...

TCN announces power outage in parts of Abuja

The Transmission Company of Nigeria has announced a scheduled maintenance exercise at its Apo 132/33kV Transmission Substation, warning that several areas in Abuja may...

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