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The contracts amount to nearly US$135mn in total.

Exploration

A significant demand boost in West Africa and other regions reflected in Saipem's latest wins as the company announced new offshore drilling contracts amounting to nearly US$135mn in total 

Eni Ghana Exploration & Production Limited and Eni Côte d’Ivoire Limited have booked the Santorini, a seventh-generation drillship, for extended operations in Ghana and Côte d’Ivoire respectively, ahead of the next drilling campaign in the Mediterranean Sea.

Another seventh-generation drillship, the Deep Value Driller, has completed its operations in Ghana on behalf of Eni Ghana Exploration & Production Limited and will be employed for a new project in Indonesia for Eni Ganal Deepwater Limited, with activities expected to commence by the end of the year.

The Scarabeo 9, having recently completed a successful drilling campaign in Egypt for Burullus Gas Company, an Egyptian oil and gas company active in offshore gas production, has started operations in Libya under a new contract with Eni North Africa BV, that will keep the rig active until early 2026.

Saipem's drilling units are known for bringing in reliability and operational strength to major projects.

 

Stryde’s technology offers true scalability for large-scale seismic acquisition. (Image source: Stryde)

Geology & Geophysics

Exploration services company, Argas, has purchased 30,000 Range+ STRYDE nodes and Stryde’s Nimble Seismic System, marking the first-ever deployment of nodal technology for onshore seismic acquisition in Egypt

The first deployment of the newly acquired Stryde system will be on a very large 2D seismic survey in Egypt. The technology will be used to acquire high-quality seismic data across highly prospective sedimentary basins, supporting oil and gas exploration efforts in one of Egypt’s most promising frontier regions.

Impressed by its cost-efficiency and operational agility, Argas made the strategic decision to integrate Stryde’s technology into its operations.

Stryde’s technology offers true scalability for large-scale seismic acquisition. Its ultra-lightweight Range+ nodes, coupled with a state-of-the-art, high-capacity charging, harvesting, and QC ecosystem, enable thousands of nodes to be rotated daily.

This ensures faster acquisition cycles and rapid delivery of high-quality seismic data, giving Argas a competitive edge in Egypt’s rapidly evolving energy sector.

“After working with Stryde’s system on previous projects, it became clear that this technology brings a significant advantage to both us and our clients,” said Soufiane Azzi, Director of Commercials and Collaborations of Argas.

“The system has proven to drastically reduce deployment time, reduce headcount and vehicles count, simplifies logistics, improve recording time window, and delivers excellent seismic data. We are proud to be the first to bring node technology to Egypt.”

“This is a major milestone, not only for STRYDE and ARGAS, but for Egypt’s energy sector as a whole,” said Mehdi Tascher, sales director at Stryde.

“ARGAS’s purchase is spot on, and reflects the growing demand for scalable and efficient seismic acquisition systems that enable high-density data capture for superior subsurface imaging, empowering more confident and informed exploration decisions. This sale underscores the global trust in STRYDE’s technology and its proven ability to transform seismic operations through operational excellence and data quality.”

 

The technology provides a lightweight offline intervention solution.

Technology

In a first divestment development for FrontRow Energy Technology Group, its subsidiary, WellSense, a rapid fibre-optic well diagnostics provider, has sold FiberLine Intervention licence to oilfield services company, Halliburton

The agreement terms secure a global licence for Halliburton to deploy WellSense FiberLine Intervention (Fli) technology for use in well stimulation monitoring.

A FrontRow Energy Technology Group company, WellSense, will continue to deploy the technology globally for all other oil and gas applications, including well plug and abandonment (P&A), well integrity and leak detection, as well as carbon capture, utilisation and storage (CCUS).

Annabel Green, CEO of WellSense, said, “The successful completion of this deal is a defining moment for WellSense and for our parent company, FrontRow Energy Technology Group. Not only is it a strong industry endorsement of our technology and the value it delivers, but also our business model of bringing new and innovative solutions to market.

“Our unique bare fibre dynamic despooling technology delivers superior data quality for a detailed subsurface understanding. Unlike other well monitoring techniques it provides a lightweight offline intervention solution with disposable probes for significant efficiency savings and reduced risk.

“Meeting the complex challenges of upstream oil and gas requires the adoption of technologies that fundamentally improve how the industry operates. This agreement is the result of a decade of focused innovation, collaboration and delivery and I would like to extend my sincere thanks to all our employees, past and present, whose dedication has built the strong foundation that made this success possible.”

Steve Kent, CEO of FrontRow, said,“This deal is a major milestone for FrontRow and is a clear example of how UK-born innovation can solve industry challenges and attract global attention.

“This is FrontRow’s first commercial licence sale and a landmark in our journey. It demonstrates that innovation, when nurtured with the right expertise and support, can deliver technical success as well as real commercial value.”

The agreement was signed in Maputo by the Eni-led joint venture. (Image source: Eni)

Gas

As Eni's Coral South project effectively continues to be in production, the major has now reached the final investment decision (FID) for the development of the Coral North FLNG project in Mozambique, with an aim for project delivery by 2028 

The agreement was signed in Maputo by the Eni-led joint venture behind the project, in the presence of the President of Mozambique, Daniel Francisco Chapo, and Eni CEO, Claudio Descalzi. 

While Eni is leading the venture with a 50% share, other partners include CNPC (20%), Kogas (10%), ENH (10%) and ADNOC-subsidiary XRG (10%). Eni will be investing on the development of a state-of-the-art floating LNG facility in the Rovuma Basin, where it will be generating gas volumes from the northern part of Area’s 4 Coral gas reservoir.

Eni CEO Claudio Descalzi commented: “Coral North project leverages Eni’s unmatched exploration skills, our trademark fast-track and capital disciplined development capabilities, Mozambique’s vast gas resources and its strategic geographic position. With Coral North we will contribute to supply the worldwide growing demand for LNG, doubling both Mozambique's contribution to global energy security, and the benefits for the country and its citizens in terms of economic and industrial growth”. 

Coral North will be Eni’s second development in Mozambique and the second large-scale FLNG delivered in ultra-deep waters worldwide after Coral South. 

With a production liquefaction capacity of 3.6MTPA, the newly built Coral North FLNG - coupled with its predecessor Coral South - will bring Mozambique’s overall LNG production to exceeding 7MTPA, making the country the third-largest LNG producer in Africa and further reinforcing its role in the global energy scenario.

The new 750-meter quay will double the terminal’s capacity. (Image source: Adobe Stock)

Downstream

As part of production optimisation strategy, the Republic of Congo is advancing investments on infrastructure development

With aims to expand the container terminal at the Port of Pointe Noire, a €230mn in financing has been generated to onboard freight forwarding service Africa Global Logistics (AGL) for the project.

The new 750-meter quay – scheduled for completion by 2027 – will double the terminal’s capacity to 2.3 million containers annually and support the country’s growing oil and LNG exports.
The Pointe Noire project is being executed by AGL’s subsidiary Congo Terminal in collaboration with engineering firm China Road and Bridge Corporation. Backed by both international and Congolese banks, the €400mn platform will include 26 hectares of quayside, a dredged 17-meter-deep basin, and the installation of 16 gantries. It forms a key part of Congo’s strategy to boost hydrocarbon production to 500,000 barrels of oil per day and LNG output to 3 million tons per annum within five years.

In Angola, AGL also launched operations at its Lobito Terminal in March last year. The terminal – Angola’s second-largest port hub – handles over one million tons of bulk cargo and more than 100,000 20-ft equivalent unit containers annually, with 730 employees operating deepwater berths and modern equipment. The project comes at a pivotal time for Angola, which is preparing to bring several major energy developments online between 2025 and 2028. These include the Cabinda Oil Refinery in 2025, the Agogo Integrated West Hub development in late-2025, the Quiluma and Maboqueiro gas fields in 2026 and the Kaminho Deepwater Development in 2028.

Meanwhile, in Ivory Coast, AGL is playing a vital role in Phase 2 of the Baleine offshore development - West Africa’s first net-zero emissions project. In partnership with engineering firm Saipem, AGL began manufacturing critical subsea structures for the Baleine field in April 2024 at its Carena shipyard in Abidjan. The works include anchoring systems and underwater fixtures totaling over 200 tons, to be deployed in ultra-deep waters. AGL has mobilized 100 skilled local workers – including certified welders, painters and crane operators – reinforcing its commitment to local content, capacity building and sustainable energy infrastructure in Ivory Coast’s rapidly growing oil and gas sector.

AGL’s recent activities in Africa align with its broader vision to support the continent’s energy infrastructure. In addition to the Republic of Congo, Angola and Ivory Coast, the company is currently modernising the Walvis Bay terminal in Namibia while playing a key role in major energy logistics across Mauritania, Senegal and Mozambique. 

 

The theme for ADIPEC 2025, "Energy. Intelligence. Impact." (Image source: dmg events)

Event News

ADIPEC 2025 will take place in Abu Dhabi, UAE, from 3-6 November 2025, with an expanded conference and exhibition programme aimed at addressing the challenges facing the global energy sector

The event will focus on two critical imperatives: building resilience in the energy system and scaling transformative solutions to accelerate global progress.

The theme for ADIPEC 2025, "Energy. Intelligence. Impact.", underscores the need for secure energy to drive inclusive growth, the intelligence to navigate the complexities of today's energy landscape, and the impact that translates vision into tangible progress for markets, people, and the planet. Over the course of four days, the event will explore four key themes, from new energy technologies and geopolitics to digital transformation and building a resilient, future-ready energy system.

This year, the ADIPEC conferences have been streamlined into two comprehensive programmes: the Strategic Conference and the Technical Conference. The event will feature over 380 sessions, with more than 1,800 speakers, including ministers, CEOs, academics, industry experts, and youth leaders. The aim is to turn dialogue into action by showcasing solutions and catalysing collaborations that drive real, measurable impact across the energy sector. The platform will promote intelligent choices, focusing on leveraging all viable energy sources and technologies to build sustainable systems that can deliver energy to more people, at lower cost, and with reduced carbon emissions.

The ADIPEC 2025 Exhibition will span 17 halls and host more than 2,250 exhibitors from across the global energy ecosystem, including 54 National Oil Companies (NOCs), International Oil Companies (IOCs), National Energy Companies (NECs), and International Energy Companies (IECs). It will also feature 30 dedicated country pavilions and four specialised industry zones focused on decarbonisation, digitalisation, maritime and logistics, and artificial intelligence.

ADIPEC 2025 is expected to attract more than 205,000 attendees from around the world, creating unique opportunities for collaboration, innovation, and progress within the energy sector.