Africa
Port of Beira Dredging About to Begin (Mozambique)
During the next few days the 2500 m3 TSHD turn-key dredger “Macuti” is expected to commence a dredging program in the Port of Beira, Mozambique. This dredging project will ensure a depth of at least 8 metres in the so-called Macuti bend, an area in the Beira Port where a high concentration of silt t
PIRA Energy: Asian LNG Demand Heads Toward Summer Peak Buying
PIRA Energy Group reports that Asian LNG demand heads toward summer peak buying. Mexican gas flows move to trade forefront. In Europe, the need for stronger injections remains. Specifically, PIRA’s analysis of natural gas market fundamentals has revealed the following: Asian Demand Heads Toward Summ
Unique Hydra Congratulates DCN on Rescue Operation (Nigeria)
Unique Hydra, a Unique Maritime Group Company which is one of the world’s leading integrated turnkey subsea and offshore solution providers, congratulates the DCN Global dive team on the rescue of a crew member onboard a sunken vessel. The DCN Global diving team on board the DPII Vessel “LEWEK TOUCA
Drewry: Short Term Strength for VLCCs
Drewry’s latest Tanker Insight reports that freight rates in most vessel categories remained on the softer side during the month due to weakness in chartering activity in the major loading regions barring Arabian Gulf. The same was reflected in the Drewry Tanker Earnings Index that declined 31% duri
WorleyParsons Wins FPSO Design Gig from Samsung in Nigeria
Samsung Heavy Industries (SHI) has awarded WorleyParsons a contract for the detailed design and engineering for the topsides process modules of the floating production, storage and offloading (FPSO) vessel for a deep-water oil field located offshore Nigeria. This major project will be executed under
Ophir Spuds Starfish-1 Well in Ghana
Ophir Energy plc (Ophir) announces the spud of the Starfish-1 well in the Ophir operated Offshore Accra PSC. The Starfish-1 well is Ophir’s first well in Ghana and will be drilled by the Stena DrillMax drillship. The Starfish-1 well is located in water depths of 1,500m and has a target depth of 3,85
GBI Research Predicts Strong Growth for Deepwater Rigs Market
Depleting shallow water reserves and a lack of new shallow water discoveries means that offshore exploration and production activity in deepwater regions is becoming a new fashion, states a new report by energy experts GBI Research. The new report states that the search for hydrocarbons in more chal
“African Ports Evolution” Set for August (South Africa)
African Ports Evolution (26-28 August 2013, Cape Town International Convention Centre, South Africa) will address the readiness of African ports to receive the newer and bigger vessels, developing, improving and protecting port facilities; securing financing for marine infrastructure; managing conge
Reef Subsea Wins Subsea Construction Job in W. Africa
Reef Subsea today announced that its subsea services division, based in Bergen, Norway, has secured a third subsea construction contract in West Africa and is now sending a second vessel to the region. The project, for regional offshore contractor Stapem Offshore, will include cable lay duties on Pa
Reef Subsea Secures Third Construction Contract in West Africa
Reef Subsea today announced its subsea services division, based in Bergen, Norway, has secured a third subsea construction contract in West Africa and is now sending a second vessel to the region. The project, for regional offshore contractor Stapem Offshore, will include cable lay duties on Palanca
Panoro Sells Stake in OML113 License Offshore Nigeria
Panoro Energy ASA has announced that its wholly owned subsidiary Pan-Petroleum Aje Limited, has entered into a Sale and Purchase Agreement with the Nigerian company Lekoil 113 Nigeria Limited (the “Buyer”) for the sale of Panoro’s 6.502% participating interest in the OML113 license offshore Nigeria
Ocean Rig Skyros Gets LoA for 5 Well Drilling Campaign Off West Africa
Ocean Rig UDW Inc. (the “Company” or “Ocean Rig”), a global provider of offshore deepwater drilling services, announced that it has received a Letter of Award for its ultra deepwater drillship “Ocean Rig Skyros”, from a major oil company. The Letter of Award is for 5 wells or a minimum of 275 days c