Africa
Top News of The Week, December 16 – 22, 2013
The most popular stories of the week.
APM Terminals Signs Abidjan Terminal 2 Project (Ivory Coast)
The APM Terminals-led consortium formally signed the agreement with the Government of the Ivory Coast on December 19, 2013 for the construction and operation of a new terminal at the Port of Abidjan. Known as TC2, the terminal will be the second in operation at the port, which handled approximately
Cairn to Abandon FD-1 Well Offshore Morocco
Cairn Energy has informed that is FD-1 wildcat exploration well offshore Morocco will be plugged and abandoned. The FD-1 exploration well is located in 1,500 metres (m) of water approximately 120km offshore Morocco in the Foum Draa block (Cairn 50% Working Interest (WI) and Operator). The primary ta
Namibia Sets Three-Year Ban on Seabed Mining
A moratorium on the issuance of Environmental Impact Assessment (EIA) clearance certificates on bulk seabed mining for industrial minerals as well as base and rare metals in Namibian waters will be in place for a minimum of three years. Cabinet made this decision during its 13th ordinary meeting in
Nigeria Port Authority: LNG Shipment Handled in 3Q Down 20 Pct
Nigerian Ports Authority (NPA) announced the results of cargo throughput for the third quarter of 2013. Report show that the total Liquefied Natural Gas (LNG) shipment handled in the period under review amounted to 4,859,453 million MT showing a decrease of 20 per cent from the 2012 third quarter fi
Port Reforms Attract Larger Vessels to Nigerian Ports
Larger vessels of above 232.33 meters with capacity of 4,500 TEUS requiring draught of 13.5 meters have started visiting the Nation’s seaports. This has provided shipping companies with a high level of efficiency and economic space which has enhanced their turnover and turnaround time. Generally, st
BP Returns Its Luderitz Basin Interest to Serica (Namibia)
Serica Energy plc has announced that, following a portfolio review, BP has decided not to exercise an option to increase its interest in Luderitz Basin licence 0047, offshore Namibia. The option, which expires at the end of 2013, required BP to drill a well on the licence before the end of 2015. A
Moroccan Gov’t Approves Tarfaya Block Farm-Out Agreement
Tangiers Petroleum Limited has informed that the Ministries of Energy and Finance in Morocco have officially approved the assignment of a 50 per cent interest in the Tarfaya Offshore Block from Tangiers to Galp Energia (Galp). Tangiers will maintain a 25 per cent interest in the Tarfaya Offshore Blo
PM Terminals: Nigeria Port Welcomes Bigger Ships
The 4,500 TEU capacity Maersk Copenhagen called APM Terminals’ West Africa Container Terminal (WACT) in Onne (Port Harcourt), Nigeria on December 3rd, becoming the largest vessel to visit the Eastern Nigerian port. The port is located along the Bonny River near Port Harcourt in Rivers State and serv
APM Terminals: Onne Port Welcomes Bigger Vessels (Nigeria)
The 4,500 TEU capacity Maersk Copenhagen called APM Terminals’ West Africa Container Terminal (WACT) in Onne (Port Harcourt), Nigeria on December 3rd, becoming the largest vessel to visit the Eastern Nigerian port. The port is located along the Bonny River near Port Harcourt in Rivers State and serv
Esau: Scoping Period to Determine End Date of Deep-Sea Phosphate Mining Moratorium
The Namibian Minister of Fisheries and Marine Resources, the Hon. Bernhard Esau, made the following announcements relating to the Moratorium on Deep-sea Phosphate Mining in an interview with NAMPA (Namibia Press Agency) earlier this week: In September 2013 his Ministry had made a submission to Cabin
Dolphin Starts 2D Seismic Survey Off Namibia for Chariot
Chariot Oil & Gas Limited announces that it has commenced a 2D seismic survey in Southern Block 2714B offshore Namibia, which was re-awarded to the Company in June 2013 (Chariot 85%, Operator, with NAMCOR and Quiver Oil holding a 10% and 5% carried interest respectively). The Company has contracted