Africa
CAMAC Energy Finalizes Acquisition of Allied
CAMAC Energy Inc. closed the acquisition of the remaining economic interests that it did not already own in the production sharing contract covering Oil Mining Leases 120 and 121 (“OMLs”) offshore Nigeria, which include the currently producing Oyo Field, from Allied Energy Plc (“Allied”). CAMAC Ener
NATO Warship Rescues Eight Seamen in Gulf of Aden
On Friday, 21 February 2014, NATO warship HNLMS EVERTSEN rescued 8 Yemeni seamen who were found in the water in the Gulf of Aden. Earlier that morning, an automated distress call was received by the UK Coast Guards in Falmouth, United Kingdom, indicating that a ship was in distress off the north-eas
Technology Is Useful Component in Fight against Piracy
The long-term solution to piracy off the coasts of East and West Africa military intervention or armed security guards but economic and political support according to an expert in piracy matters. In a speech to WISTA-UK members held on Thursday 20 February at Tower Bridge House in London, Aleck Burr
Egypt: Officials Ink Damietta Port Dredging Agreement
Transport Minister Ibrahim el-Demiri paid a visit to Damietta Port yesterday. During this visit, he witnessed the signing of an agreement on a dredging program between Damietta Port Authority and el-Temsah Ship Building Company, one of the Suez Canal Authority’s companies. Damietta Port is located 8
Saipem Nets $520 Mln Worth E&C Offshore Contracts in Indonesia and Congo
Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo, for a total amount of approximately $520 million. In Indonesia, Eni has awarded a consortium led by Saipem the EPCI contract for a new built barge Floating Production Unit (FPU) for the Jangkr
New Engineering & Construction Offshore Contracts for Saipem
Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo, worth a total of approximately $520 million. In Indonesia, Eni has awarded a consortium led by Saipem the EPCI contract for a newbuild barge Floating Production Unit (FPU) for the Jangkrik Com
Half a billion worth of contracts for Saipem
Italy’s Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo
CAMAC acquires Allied. Focuses on drilling program
CAMAC Energy Inc. announced that it has closed the acquisition of the remaining economic interests that it did not already own in the production sharing contract covering Oil Mining Leases 120 and 121 (the “OMLs”) offshore Nigeria, which include the currently producing Oyo Field, from Allied Energy
Kosmos to spud Foum Assaka block well in March (Morocco)
Kosmos Energy has confirmed that its management expects the FA-1 well, which is located within the Foum Assaka Licence, offshore Morocco, to spud in March. According to Fastnet Oil & Gas, a partner in the field, the FA-1 well will target the Eagle prospect, which is estimated by the operator, Kosmos
Top News of the Week February 17 – 22, 2014
First Jack-Up Vessel Built in Germany for Offshore Wind Farms Leaves Sietas Shipyard It is a first in the German shipbuilding industry: The “Aeolus”, the first jack-up vessel for offshore wind farms designed and built in Germany, which was constructed at Sietas Shipyard for the prestigious Dutch mar
Most popular news of the week, Feb 17 – 23, 2014
Check out the most popular articles of the week, February 17-23, 2014.
Top News – February 17 to 23, 2014
The Netherlands: Boskalis Expands Partnership with Infor Infor, a leading provider of business application software serving more than 70,000 customers, today announced that Boskalis, a leading service provider of all-round dredging and maritime solutions, will implement the Infor 10x version of Info