Africa
Oyo-7 Well Results Exceed Pre-Drill Expectations (Nigeria)
CAMAC Energy, Inc. announced it has been informed by Allied Energy PLC (“Allied”) of preliminary results from the Oyo-7 well in OML 120 offshore Nigeria. The results exceed internal pre-drill expectations. Oyo-7 commenced drilling operations on September 9, 2013. Based on logging while drilling (“LW
GMC to Deliver Equipment for Total’s Moho Nord Project
GMC Inc. announces the award of a contract to deliver its high strength fatigue resistant mechanical connector product as part of Total’s Moho Nord TLP project. GMC will supply over 100 sets of its concentric thread, pin and box type connectors under contract to Hutchinson Offshore’s Techlam S.A. wh
GMC Wins Moho Nord Connector Deal
GMC Inc. announces the award of a contract to deliver its high strength fatigue resistant mechanical connector product as part of Total’s Moho Nord TLP project. GMC will supply over 100 sets of its concentric thread, pin and box type connectors under contract to Hutchinson Offshore’s Techlam S.A. wh
Dryad Maritime: Two Vessels Attacked in Four Days Indicates Resurgence of Somali Piracy
Following the attack on a British managed merchant vessel on Friday in the Somali Basin, the UK’s leading maritime intelligence provider, Dryad Maritime Intelligence has renewed their calls for heightened vigilance, stating that just one successful hijack and holding to ransom of a large merchant ve
Kosmos, BP Enter Farm-Out Agreements (Morocco)
Kosmos Energy announced that it has entered into three farm-out agreements with BP plc, covering three blocks in the Agadir Basin, offshore Morocco. Under the terms of the agreements, BP will acquire a non-operating interest in each of the Essaouira Offshore, Foum Assaka Offshore and Tarhazoute Offs
FMC Technologies Bags Subsea Systems Contract (Ghana)
FMC Technologies, Inc. announced today that it has received an order from Tullow Ghana Limited to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN Project) offshore Ghana. The order has an estimated value of $340 million in revenue. FMC Technologies’ scope of supply includes su
Tullow Ghana Awards Subsea Contract to FMC Technologies
FMC Technologies, Inc. announced today that it has received an order from Tullow Ghana Limited to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN Project) offshore Ghana. The order has an estimated value of $340 million in revenue. FMC Technologies’ scope of supply includes su
Egypt Issues Tender for FSRU
EGAS of Egypt has issued a tender for an FSRU which it hopes to use by next April, Reuters reported, citing EGAS’s deputy chairman Khaled Abdel Badie as saying. “We are renting it,” he said. “It is expected to be used by next April. We hope so. It depends on the offers,” Abdel Badie added. Egypt, [&
EU Naval Force Confirms VLCC Safe After Attack Offshore Somalia
EU Naval Force can confirm that on Friday, 11 October 2013, a fully laden super tanker, known as a Very Large Crude Carrier (VLCC), was fired upon by eight armed men in two ‘skiffs’ 230 miles off the Somali coast. The attack was successfully repelled by the Armed Security Team on board the super tan
Drydocks World and Suez Canal Authority Discuss Future Cooperation
Drydocks World and Maritime World, the leading global service provider of marine and maritime diverse sectors, received high-level delegation from the Suez Canal Authority, chaired by H.E Admiral Mohab Mohamed Hussien Mameesh, Chairman & Managing Director of the Suez Canal Authority, the delegation
Tanker Shipping – The World of Energy Is Undergoing Fundamental Changes
The dynamic nature of the product tanker market, where refinery locations, local market demand specifications and price arbitrage trades are constant moving objects, turn one main trade into a minor trade within a New York minute. The Atlantic gasoline arbitrage trade is still of relevance, but the
Block C-19 Farm-Out Agreement Approved (Mauritania)
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, reports that, as detailed in the announcement of 8 August 2013, the farm-out agreement signed between its wholly-owned subsidiary, Chariot Oil & Gas Investments (Mauritania) Ltd. and Capricorn Mauritania Limited