Africa
Bechtel Introduces Innovative Port Design Concept
Bechtel, the global engineering, construction, and project management company, has created a revolutionary design for ports that could transform shipping in Africa. The Multi-User Offshore Hub is designed for two or more users and consists of an offshore, smart terminal arrangement and docking syste
Jaya Secures PSV Contract in Mozambique
Singapore’s Jaya Holdings has signed a contract to charter its new build DP2 Platform Supply Vessel (PSV) “Jaya Vigilant” for a long term operation in the Indian Ocean, offshore Mozambique. The two year contract, which includes charterer’s options has a value of more than US$20 million. Jaya Vigilan
Anadarko Sells Stake in Mozambique Gas Field for USD 2.6 Bln
Anadarko Petroleum Corporation announced it has entered into a definitive agreement with ONGC Videsh Ltd. (OVL), a wholly owned subsidiary of Oil and Natural Gas Corporation Limited, to sell a 10-percent interest in Mozambique’s Offshore Area 1 for $2.64 billion in cash. Anadarko will remain the ope
Anadarko Sells Share in Block Offshore Mozambique for $2.64 Billion
Anadarko Petroleum Corporation yesterday announced it has entered into a definitive agreement with ONGC Videsh Ltd. (OVL), a wholly owned subsidiary of Oil and Natural Gas Corporation Limited, to sell a 10-percent interest in Mozambique’s Offshore Area 1 (Area 1) for $2.64 billion in cash. Anadarko
Top News of the Week August 19 – 24, 2013
MV Maersk Mc-Kinney Moller Arrived in Rotterdam The world’s largest containership, MV Maersk Mc-Kinney Moller, arrived in Rotterdam on Friday 16th August 2013, on her maiden voyage from Asia to Europe. The nautical service providers and KOTUG’s RT Champion welcomed the vessel. Massive New Gates for
Top News of The Week August 19 – 24, 2013
Top News of The Week August 19 – 24, 2013
Top News – August 19 to 25, 2013
Malaysia: Inai Kiara to Roll Out TSHD “Inai Kenanga” Tomorrow Inai Kiara SDN BHD, Malaysia’s largest marine services provider, announced that the Prime Minister Datuk Seri Najib Razak will launch the trailing suction hopper dredger Inai Kenanga tomorrow. China: Six People Missing after Dredger Sin
Hydrex Executes Stern Tube Seals Repairs with New Generation Mobdocks
Hydrex has carried out on-site, underwater repairs and replacements on all types of seals for a number of years now. A dry environment is created underwater in which the divers can work. Several major classification societies have also awarded Hydrex certificates that accept the Hydrex revolutionary
Qatar Sends Third and Fourth Free LNG Cargo to Egypt
Qatar has loaded the third and fourth shipments of liquefied natural gas at Ras Laffan port as aid for the Egyptian people, according to Qatar’s state news agency (QNA). The LNG carrier carrying the third shipment has departed from Ras Laffan port, and the fourth LNG shipment is expected to leave on
Eco Atlantic Receives Oil Exploration Rights Off Namibia
Eco (Atlantic) Oil & Gas Ltd. has received final approval from Namibia’s Ministry of Mines and Energy for the inclusion of all oil and gas rights on its Skeleton Coast License #31 which is a transition license that is both onshore Huab Basin and extends offshore Walvis Basin. The License, which the
DW: $106 Bln to Be Spent on Subsea Vessels by 2017
The subsea vessel operations market is poised to see an increase in demand in the near term with day rates for some vessels set to increase. Between 2013 and 2017, Douglas-Westwood (DW) forecast $106 billion (bn) of expenditure on subsea vessel operations – an increase of 54% over the preceding five
Pirates Move Fishing Vessel Naham 3 to Somali Shoreline
On Thursday 22 September, a Spanish Maritime Patrol Aircraft from EU Naval Force overflew the pirate controlled fishing vessel FV Naham 3 and observed that the vessel had moved from its sea anchorage to a Somali beach in the Galmudug region. Armed men have been sighted on board FV Naham 3, however,