Africa
IMB Warns of West Africa Piracy Threat
The ICC International Maritime Bureau (IMB) is asking ships to be extra vigilant when transiting West Africa as piracy in the region becomes a growing concern. IMB’s Live Piracy Map shows that since the beginning of the year, one vessel, MT Kerala, has been hijacked and six were boarded in West Afri
Hyperdynamics investigation forces Tullow to declare Force Majeure (Guinea)
Tullow has declared a Force Majeure on its operations in Guinea after the U.S. authorities opened investigations into the activities of one of its partners in a concession off the African country’s coast. Hyperdynamics, the partner in question, said that Tullow stated in its notice, dated March 11,
Nigeria: Lagos Takes Action on Illegal Dredging
The Lagos State Government has closed down eight illegal dredging sites in Ikorodu axis of the State. They said that 16 illegal dredgers met on some of the sites were arrested and taken into custody. The Ministry has persistently warned against illegal dredging and has promised stiffer penalties aga
Van Oord Delivers Strong 2013 Results
Van Oord had a better business result in 2013 than in 2012. The year closed with an almost equal turnover of EUR 1,641 million (2012: EUR 1,676 million). At EUR 130 million, the net profit was considerably higher than in 2012 (EUR 98 million), and the company’s order portfolio was similar to the pre
Libyan Forces ‘in Control’ of North Korean-Flagged Tanker
Libyan Navy has taken full control of a North Korean-flagged tanker that loaded crude oil at the rebel-controlled eastern terminal of Sidra port, the government officials reported on Monday. According to the local media, the tanker named Morning Glory was surrounded by the Libyan naval forces while
Ghana: Works on gas plant almost done. Jubilee gas to flow in 3Q
Following months of delays, natural gas from the Jubilee oil field offshore Ghana, is now expected to reach the shore in the third quarter of 2014. Ghana National Petroleum Company’s CEO Alex Mould said that mechanical works on the $750 million plant, which will be processing the Jubilee gas, would
CMA CGM Improves Its SAMWAF Service
The CMA CGM Group has announced the improvement of its SAMWAF service from South America to West Africa with the addition of a new call in Tema, Ghana. This new call in Tema will allow the CMA CGM to offer a direct service to the Ghanaian market from South America East Coast as well as […]
SacOil and Partners Begin 3D Seismic OBC Survey Off Nigeria
SacOil, the South African based independent African oil and gas company, provides an update on its on-going operational activities in Nigeria and Malawi. Satisfactory progress has been made across the existing portfolio of exploration and appraisal assets. The Company also continues to evaluate a nu
SacOil: 3D seismic project to start offshore Nigeria
SacOil, the South African based independent African oil and gas company, reports that a 3D Seismic Data Acquisition project contractor has begun mobilization process in OPL 233 block, offshore Nigeria.
Caterpillar Presents New Cat 311F RR Excavator
Caterpillar has introduced its new Cat® 311F RR excavator, powered with a 70 net horsepower (52 kW) C3.4B engine that meets U.S. EPA Tier 4 Final emissions standards. The new machine features a reduced radius that limits over-the-side tail swing to just 20 inches (508 mm). A massive 5,400-pound (2 4
Top News of the Week March 3 – 8, 2014
Gondan Shipyard to Build New Vessel for Marine Research Institute of Norway Gondan shipyard has been awarded the construction of a new oceanographic vessel for the Institute of Marine Research of Norway. The contract is due for signing on 14 March. STX O&S Wins New Tankers Order from Greece STX Offs
Most popular articles of the week March 3 – 9, 2014
Most popular articles of the week March 3 – 9, 2014