Africa
Angolan Shipyard Holds Naming Ceremony for FPSO CLOV
One recent landmark event and one milestone event today are propelling Angolan shipyard, Paenal to star alongside other players on the world shipyard stage. Since July of this year when the inauguration of Jamba, the yard’s Heavy Lift Crane (HLC) 2500t took place, Paenal can boast to be the first an
Tangiers Launches Jacka Takeover Offer
Tangiers Petroleum Limited and Jacka Resources Limited have entered into a Bid Implementation Agreement (“BIA”) in respect of an off-market takeover offer to be made by Tangiers for all of the issued ordinary shares in Jacka. The statement reads that “combining the two companies will deliver a str
Total Hosts FPSO CLOV Naming Ceremony at Paenal Shipyard (Angola)
One recent landmark event and one milestone event today are propelling Angolan shipyard, Paenal to star alongside other players on the world shipyard stage. Since July of this year when the inauguration of Jamba, the yard’s Heavy Lift Crane (HLC) 2500t took place, Paenal can boast to be the first an
CLOV FPSO Naming Ceremony at Angolan Yard
One recent landmark event and one milestone event today are propelling Angolan shipyard, Paenal to star alongside other players on the world shipyard stage. Since July of this year when the inauguration of Jamba, the yard’s Heavy Lift Crane (HLC) 2500t took place, Paenal can boast to be the first an
IBC: Africa Port Development Forum Approaches
IBC Asia’s Africa Port Development Forum (3-6 March 2014, Hilton Durban, South Africa) will address current issues and challenges in port and related infrastructure capacities, user & investor expectations and how the African region as a whole is gearing up to attract more investments. Project updat
Spanish Ocean Patrol Vessel Joins Operation Atalanta
On Tuesday 3 December, Spanish Ocean Patrol Vessel, ESPS Tornado joined the European Union’s counter piracy task force operating off the coast of Somalia. The warship will be part of the EU Naval Force for four months as Spain’s contribution to Operation Atalanta. Commissioned in 2012, ESPS Tornado
Ghana: Takoradi Port Expansion Kicks Off
President John Mahama will today perform a ground breaking ceremony for expansion works at the Takoradi Port. The works, part of a government’s port infrastructure expansion programme, is being carried out in phases to modernise the country’s ports to meet projected increases in maritime activities.
Sterling Gets Madagascar Government’s Blessing for Ambilobe Farmout
On 1 November 2013, Sterling Energy Plc, an oil & gas exploration and production company, announced that it had executed a Farmout Agreement for the Production Sharing Contract of the Ambilobe Block (the “PSC”), located offshore Madagascar, with Pura Vida Mauritius . The consent of the Government
Ofon Phase 2 Process Platform Sailing Toward Nigeria
The Ofon Phase 2 process platform (OFP2) is on its way to the Ofon field located in the Oil Mining Lease (OML) 102, 50km off the coast of Nigeria in 40m water depth. The field is owned by Total E&P Nigeria Limited (TEPNG) 40% in partnership with the Nigerian National Petroleum Corporation (NNPC) 6
Sunergy Raises USD 150,000 Through Combination of Loans and Equity
Sunergy, Inc. has announced that it has raised $150,000 in a combination of loans and equity in the months of November and December. These funds will primarily be used to enable the Company to commence seasonal dredging operations in Sierra Leone and Liberia. The Dredgemaster, David Price, is leavin
Zagreb-1 Rig En Route to Libya
Zagreb-1 semi-submersible drilling rig left Croatia last Thursday and is now sailing towards Libyan water to start its drilling contract with Total. Upon arrival, later this week, the rig will be moored at the offshore concession A1-16/3, northwest of Tripoli. The contract includes drilling of two e
Piriou Receives Order for Two FPSVs
French shipbuilder Piriou has received an order from Suisse Outremer to deliver two Fast Passenger & Supply vessels (FPSV). The 53m long vessels, to be named the “Kathrin T” and the “Karol W”, are expected to be delivered in May and September 2014. Upon delivery, the vessels used for transporting of