Africa
Top News of the Week August 26 – September 1, 2013
DSME Enters USD 422 Million Worth Shipbuilding Contract Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) announced today in its regulatory filing that the company has secured an order worth KRW 470.3 billion (approx. USD 422. 3 million) for the construction of three container carriers. Fire in
Top News of The Week August 26-30, 2013
VIDEO: QCLNG Jetty Nearly Complete (Australia) As QGC approaches the final stages of construction to deliver first LNG in 2014, the company provided a video update of where the QCLNG project is in this phase of the project. Construction of the LNG jetty, the final component in the LNG transfer chain
Top News – August 26 to September 1, 2013
HKND Technical Team Conducts Field Inspections in Nicaragua HKND Group recently announced that it has engaged two leading global firms to provide specialized advice and expertise as the company continues its work on the technical feasibility study and route determination. Abducted Dredging Workers
Fire in Two Containers Aboard ‘Maersk Kampala’ Still Burning
Maersk Line reported that the fire is still burning in two containers in the foremost bays on the Maersk Kampala’s deck. The vessel remains in its position south of the Suez Canal. The fire began at approximately 21:00 on 28 August while the vessel was heading north towards the Suez Canal. All crew
$40 Mln for Niko from Hess and OMV Deals
Niko Resources has executed two sets of agreements which, subject to the required government approvals, will provide proceeds of nearly $40 million. Farm-out of Grand Prix PSC in Madagascar Niko has signed a definitive farm-out agreement under which OMV, an integrated international oil and gas compa
Chevron Pulls Out from Olokola LNG, Nigeria
Chevron Nigeria Limited, operator of the Nigerian National Petroleum Corporation/Chevron Joint Venture, has withdrawn from the Olokola LNG (OKLNG) project in Nigeria. Efforts to mature the project have not resulted in a final investment decision, a statement by the company said and that the withdraw
Liberia Storms ahead on MLC Certification
Ninety-four per cent of qualifying Liberian-flag ships have achieved successful Maritime Labour Convention 2006 compliance, just one week after the convention entered force, putting Liberia far ahead of any other international ship registry. MLC 2006 certification is a multi-step process. The first
Apache, Sinpec to Pursue Joint Upstream Oil & Gas Project
Apache Corporation and Sinopec International Petroleum Exploration and Production Corporation today announced they have launched a global strategic partnership to pursue joint upstream oil and gas projects. As the first step in this partnership, Apache will receive $3.1 billion in cash, subject to c
‘Maersk Kampala’ Containership Caught Fire near Suez Canal
Maersk Line yesterday confirmed that their 6,802 TEU containership Maersk Kampala had caught fire near the Suez Canal. The vessel is fully maneuverable but drifting south of the Suez Canal, said Maersk in a press release. All crew are accounted for and no injuries reported and communication with the
Sinopec Buys Stake in Egypt Oil and Gas Business from Apache
Apache Corporation and Sinopec International Petroleum Exploration and Production Corporation today announced they have launched a global strategic partnership to pursue joint upstream oil and gas projects. As the first step in this partnership, Apache will receive $3.1 billion in cash, subject to c
OW Bunker Unveils Physical Supply Operation Offshore West Africa
OW Bunker today confirmed the launch of a physical fuel supply operation offshore West Africa, covering Morocco, Mauritania, Senegal and offshore waters down to the Ivory Coast. OW Bunker Canary Islands will supply customers with the full range of fuels and lubricants from its newly launched 8,250dw
Afren to Complete Ogo-1 Sidetrack Well in September (Nigeria)
Lekoil, has announced that, further to the announcement of 26 June 2013, when the company informed of an oil discovery at the Ogo-1 well,offshore Nigeria, drilling of the Ogo-1 sidetrack well is still ongoing. Lekoil, which owns a 17,14 % participating interest in the OPL310 block, said the sidetrac