Africa
Schlumberger Launches New Downhole Reservoir Resting System
Schlumberger announced today the release of the Quartet downhole reservoir testing system enabled by Muzic wireless telemetry, which provides data in real time for validation so that critical information is available to meet the well test objectives. “When working in high-cost environments such as d
Pura Vida Takes Over 50 Pct Share in Ambilobe PSC (Madagascar)
Sterling Energy Pic has signed a Farmout Agreement for the Production Sharing Contract of the Ambilobe Block (the “PSC”), located offshore Madagascar, with Pura Vida Mauritius. Sterling currently holds a 100% interest in, and is the operator of, the PSC. Under the terms of the Farmout Agreement, Pur
EBH SA Plays Proactive Role in Job Creation to Mitigate Maritime Industry Challenges
One of the greatest challenges which industry has to overcome is the current skills crisis which is severely affecting production, as existing resources are stretched to the limit in an effort to meet production targets. However, this is only one aspect of the problem. The challenge of an experience
Moore Stephens: Vessel Operating Costs Expected to Rise over Next Two Years
Vessel operating costs are expected to rise by more than three per cent in both 2013 and 2014 according to a new survey by international accountant and shipping consultant Moore Stephens. The survey is based on responses from key players in the international shipping industry, predominantly shipowne
Proserv Appoints Country Manager in Nigeria
International energy technology services company Proserv has reinforced its expanding global reach by appointing a country manager in one of West Africa’s fast-emerging provinces. Olu Phillips takes up the post in Nigeria where Proserv has experienced rapid growth in demand for its integrated servic
Transport Minister Visits Takoradi Port (Ghana)
Mrs. Dzifa Attivor, Minister of Transport, on Wednesday said the expansion project of the Takoradi Port forms part of a master plan to develop the country’s ports. The Minister, who was speaking to the press during a visit to the Takoradi Port, said the master plan was drawn up before the country’s
Hess Hires PSV Siem Hanne (Equatorial Guinea)
Siem Offshore and Hess Equatorial Guinea Inc. have entered into a contract for the PSV “Siem Hanne” for operations offshore Equatorial Guinea. The charter contract has started and is for a firm period of 12 months and Hess has an option to extend the charter contract by 1 x 6 months plus 6 x 1 [&hel
Aminex, TPDC Gas Sales Negotiation in Advanced Stage (Tanzania)
Aminex PLC announces that gas sales negotiations between its Tanzanian subsidiary Ndovu Resources Ltd. (“Ndovu”) and the Tanzanian Petroleum Development Corporation (‘TPDC’) for its Kiliwani North Field in Tanzania are at an advanced stage and expected to be concluded prior to year end. As part of t
New Charter Contract for PSV Siem Hanne
Siem Offshore and Hess Equatorial Guinea Inc. have entered into a contract for the PSV “Siem Hanne” for operations offshore Equatorial Guinea. The charter contract has commenced and is for a firm period of 12 months and Hess has an option to extend the charter contract by 1 x 6 months plus 6 x 1 [&h
Subsea 7, Technip Awarded Contracts for TEN Project in Ghana
Subsea 7 S.A. announced the award of a contract by Tullow Ghana Limited for the TEN Project offshore Ghana in water depths reaching up to 2000 metres. The contract awarded to a consortium of Subsea 7 and Technip has a combined value of approximately USD 1.23 billion. Subsea 7’s share of the contract
Technip, Subsea 7 Win $1.2 Bln TEN Project Job Offshore Ghana
Technip, leader of a consortium with Subsea7, has been awarded by Tullow Ghana Limited two contracts for the TEN Project, located offshore Ghana, at a water depth reaching up to 2,000 meters. Together, those two contracts have a combined value of approximately USD 1.23 billion, with a Technip share
Proserv Names Country Manager for Nigeria
International energy technology services company Proserv has reinforced its expanding global reach by appointing a country manager in one of West Africa’s fast-emerging provinces. Olu Phillips takes up the post in Nigeria where Proserv has experienced rapid growth in demand for its integrated servic