
The State Oil Company of the Republic of Azerbaijan (SOCAR) has entered Africa’s offshore energy realm by acquiring a stake in an oil and gas field development off the coast of Côte d’Ivoire.

French provider of tubular solutions Vallourec has won a contract with Subsea7 to supply carbon steel seamless line pipe and thermal insulation coating for Petrobras’ Sepia 2 project in the pre-salt Santos Basin offshore Brazil. The award, described as major, will see Vallourec supply approximately