Africa
Update on Teekay’s 2012 Tanker Market Review (VIDEO)
2012 was a “year of two halves” for the conventional tanker industry. In this Teekay video update, Research Manager Christian Waldegrave gives his review of the 2012 tanker market and looks ahead to what can be expected in 2013. TeekayCorp, June 13, 2013
Maintenance Shutdown for Offshore FA Platform (South Africa)
In an effort to improve efficiency, National Oil Company PetroSA will suspend operations at its Mossel Bay facilities for 37 days later this year for a planned statutory maintenance shutdown. The maintenance shutdown, which will start on 22 September, will affect the Mossel Bay Gas-To-Liquids (GTL)
BP Statistical Review of World Energy 2013: Record US Oil Output in 2012
The BP Statistical Review of World Energy 2013 – the 62nd annual report – is launched today, revealing that 2012 had the largest single-year increase in US oil production ever recorded, and new evidence of the flexibility of the world’s energy system in meeting rapid global change. The US recorded t
VIDEO: Van Oord – Marine Ingenuity Defined (The Netherlands)
Van Oord is a leading international contractor specialising in dredging, marine engineering and offshore projects. Dredging is Van Oord’s biggest and most important market. “It is our signature talent, one that we have perfected continuously since our business was founded. We use our dredging soluti
Reuters: “Nigerian cook survives two days under sea in shipwreck air bubble”
After two days trapped in freezing cold water and breathing from an air bubble in an upturned tugboat under the ocean, Harrison Okene was sure he was going to die. Then a torch light pierced the darkness.
Sierra Leone: Leonkhain Holdings Company on Right Track
A new company known as Leonkhain Holdings Company Sierra Leone Limited (LHC-SL LTD) is a leading Sierra Leonean general merchandise and high-tech dredging and sand mining company with strong links with the Ellicott Dredge and Sand Mining LLC in the United States of America. According to the Chairman
Samsung Heavy Bags Another Large-Scale Order
Samsung Heavy Industries (SHI) has revealed today that its Nigerian subsidiary has won a USD 3 billion worth order for the construction of an FPSO (floating production storage and offloading) unit for an unknown customer. The FPSO will be the largest one in the world to be built until now. SHI’s Sou
Samsung to Build Largest FPSO in the World
South Korea’s shipyard, Samsung Heavy Industries has announced its Nigerian subsidiary has secured an order to build a Floating Production Storage and Offloading Vessel for Total Upstream Petroleum Nigeria Limited. The value of the order is approximately $3.0 billion, which will make the vessel the
Panoro Sells Share in OML 113 Licence Offshore Nigeria
Panoro Energy ASA’s has agreed in principle the terms of sale with an undisclosed buyer for its 6.502 % participating interest in the OML 113 license offshore Nigeria, which includes the Aje field, for a total consideration of USD 30 million saction to be paid in cash upon closing. Execution of the
PetroSA, Sasol to Search for Oil Together (South Africa)
South Africa’s National Oil Company, PetroSA, has signed a Technical Cooperation Permit (TCP) agreement with Sasol to explore a block in the country’s offshore area. The TCP represents the first such cooperation in exploration between the two companies in 10 years. It allows the two companies to exp
Avedia Energy: LPG Tanks Arrived at Saldanha Port, South Africa
Western Cape industrial and domestic users of liquefied petroleum gas (LPG) can sigh in relief at the arrival of the tanks intended for the province’s first permanent LPG storage facilities this week, a giant step towards securing a permanent availability of LPG to the region. Cape Town-based oil an
IADC Secretary-General René Kolman: Dredging Monitoring Debate
IADC has published an article in which René Kolman, IADC secretary-general, considers whether adaptive monitoring can help save money and time. Kolman stated that monitoring at dredging sites for port expansion and maintenance is a necessary element in the planning and development process. It provid