BW Energy: Signs long-term lease for the Maromba drilling and wellhead platform BW Energy announces that the short-term lease for the Super Gorilla class jack-up rig BW MAROMBA B signed in September 2025 has been successfully converted into a long-term project lease agreement with Minsheng Financial Leasing Co. Ltd. (MSFL). The new lease agreement covers the rig purchase and all costs required to bring the MAROMBA B wellhead platform to drilling and production readiness. This represents USD 274 million of the previously communicated Maromba CAPEX and provides an efficient lease financing s...
AUCTUS PUBLICATIONS ________________________________________ Corcel (CRCL LN)C; Target price of 1.40p per share: Equity raise from blue chip new investors bolsters balance sheet ahead of busy 2026 – Corcel has raised £3 mm of new equity at a price of 0.35 p per share from two blue chip new investors. Following the raise, Corcel’s cash balance is expected to reach ~£6 mm by YE25. In addition, Sintana Energy will pay Corcel ~US$2 mm in cash upon closing the acquisition of a 5% interest in KON‑16. ...
BW Energy: Strategic entry offshore Angola through acquisition of 10% in Block 14 and 5% in Block 14k BW Energy has in a consortium with Maurel & Prom signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola from Azule Energy. Within this transaction, BW Energy’s net share will be 10% in Block 14 and 5% in Block 14K, providing a strategic foothold in Angola aligned with the Company’s long-term regional growth strategy. “The entry to Angola is a key step in BW Energy’s West Africa growth strategy and provides further diversificatio...
TGS Awarded Streamer 4D Contract Offshore Brazil OSLO, Norway (11 December 2025) – TGS, a leading provider of energy data and intelligence, is pleased to announce the award of a streamer 4D contract in the Campos basin, offshore Brazil. A Ramform vessel is scheduled to mobilize for the survey in the second half of 2026, with the contract expected to last approximately 75 days. Kristian Johansen, CEO of TGS, commented, "We are very pleased to secure this 4D streamer contract for an independent energy company in Brazil. By leveraging our purpose-built Ramform designed vessel, equipped wit...
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