Africa
MODEC Secures FPSO Contract for Tullow’s TEN Fields
MODEC, Inc. announced that Tullow (“Tullow”), a wholly owned subsidiary of Tullow Oil plc., has awarded TEN Ghana MV25 B.V., a subsidiary of MODEC, contracts for the supply, charter and lease, operations and maintenance of a Floating Production, Storage and Offloading (“FPSO”) vessel for the Twenebo
MODEC Secures FPSO Contracts for TEN Project (Ghana)
MODEC, Inc. announced today that Tullow Ghana Limited, a wholly owned subsidiary of Tullow Oil plc., has awarded TEN Ghana MV25 B.V., a subsidiary of MODEC, contracts for the supply, charter and lease, operations and maintenance of a Floating Production, Storage and Offloading (FPSO) vessel for the
Tullow Awards Ghana FPSO Contract to Modec
MODEC, Inc. announced today that Tullow has awarded TEN Ghana MV25 B.V., a subsidiary of MODEC, contracts for the supply, charter and lease, operations and maintenance of a Floating Production, Storage and Offloading (“FPSO”) vessel for the Tweneboa, Enyenra, and Ntomme (“TEN”) fields in the Deepwat
Technip Secures Moho Nord Subsea Contract Off Congo
Technip was awarded by Total E&P Congo an important engineering, procurement, and supply contract for the Moho Nord project, the largest development ever in the Republic of Congo, located 75 kilometers offshore Pointe Noire. The Moho Nord project consists of two developments: Moho Phase 1bis and Moh
Technip Wins Contract for Moho Nord Project, Congo
Technip was awarded by Total E&P Congo an important engineering, procurement, and supply contract for the Moho Nord project, the largest development ever in the Republic of Congo, located 75 kilometers offshore Pointe Noire. The Moho Nord project consists of two developments: Moho Phase 1bis and Moh
Rig Problems Force Camac to Delay Oyo Drilling Plans (Nigeria)
CAMAC Energy Inc. has been informed by Allied Energy PLC that the assignment of the Sedneth 701 rig, proposed for July 31, 2013 under the previously announced Deed of Assignment with Transocean Ltd. and Nigerian Petroleum Development Corporation Limited (“NPDC”) for the drilling of Oyo Well #7 has b
Top News of The Week July 29 – August 3, 2013
1. Footbridge Collapses Between ‘Floatel Superior’ and ‘Kvitebjorn’ 2. VIDEO: Gudrun Load Out, Sail Away and Offshore Installation 3. Gallery: Oil Spill Hits Thai Tourism. Greenpeace Calls for Drilling Ban 4. Eni Makes Significant Oil & Gas Discovery Offshore Congo 5. Seadrill Orders Two New
EIA: LNG Key Part of Egypt’s Role in International Energy Markets
Egypt plays a vital role in international energy markets through the operation of the Suez Canal and Suez-Mediterranean (Sumed) Pipeline. In 2012, about 7% of all seaborne traded oil and 13% of liquefied natural gas (LNG) traded worldwide transited through the Suez Canal. Egypt’s 2011 revolution and
Platts: Five West African Grades of Crude Oil Added to Price Assessment List
Platts, a leading global energy, petrochemicals and metals information provider and top source of benchmark price references, has begun publishing daily price assessments for five West African grades of crude oil. The new price assessments, launched on August 1, provide end-of-day values on the open
Govts Urged to Help in Fighting Coastal Erosion around the Mediterranean
The EU-funded Mare Nostrum Project, which aims to explore new ways of protecting and managing the Mediterranean coastline, called on governments to take immediate and coordinated action to fight cliff erosion. Mare Nostrum partners met last week in Volos, Greece for a landmark workshop. One of the m
Keppel FELS Secures Jack-Up Rig Order (Singapore)
Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract to build a jackup rig for US$206million from Parden Holding, a company based in Uruguay. Scheduled for delivery in 4Q 2015, the jackup rig is intended for operations in offshore Mexico. It wil
PIRA Energy: Winter Faces LNG Supply Risk
PIRA Energy Group believes that the winter faces LNG supply risk. In the U.S., gas production from Marcellus as well as portions of Utica was significantly above June 2012. In Europe, Norway has slightly boosted its estimated supply loss in the first 10 days of August. Specifically, PIRA’s analysis