Africa
Hapag-Lloyd Launches New Levante Express Service
Hapag-Lloyd is launching the new Levante Express Service (LEX). First sailing of the weekly service which further enhances Hapag-Lloyd’s port coverage in the Tyrrhenian Sea and Levant will be June 18 from Cagliari. The LEX links ten ports in Italy, Turkey and Egypt including the hub ports Cagliari,
Total, QPI Cooperate in Moho North Project (Congo)
Qatar Petroleum International (QPI) and Total have anounced the signing of a framework of Agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15% share capital increase of this company. This participation reinforces Qatar’s commitment to invest in Africa and illus
Cameroon: Gas, Condensate Discovery Confirmed at IM-5 Well
The Executive General Manager (EGM) of the National Hydrocarbons Corporation (SNH) in Cameroon, Adolphe Moudiki and the Executive Chairman of EurOil Limited (EurOil), Chief Tabetando, today announced, that a discovery of condensate and gas was confirmed, following the drilling of the IM-5 appraisal/
Chariot Granted First Renewal Phase Extension Off Namibia
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, today announces that the Ministry of Mines and Energy in Namibia has granted a one year extension for the First Renewal Phase on the Central Area Blocks, (Licence 19, covering Blocks 2312 A & B and Northern halv
EU to Provide Over EUR 37 Million to Fight Piracy in Eastern and Southern Africa
The EU will provide some €37 million to strengthen the fight against piracy in several Eastern and Southern African countries through support for the Programme to promote Regional Maritime Security (MASE). In the past decade, the level of maritime insecurity in the region’s waters has become the hig
Genscape Buys Vesseltracker.com
Genscape, the company that pioneered the placement of thousands of patented, in-the-field energy monitors to measure market fundamentals in real-time, today announced the acquisition of Vesseltracker.com GmbH. This acquisition significantly expands Genscape’s network of proprietary real-time energy
AGR Secures Well Management Contract from Genel Energy in North/West Africa
Global oil services provider AGR Petroleum Services has signed an £18million/ NOK 160 million contract with Genel Energy. The company is to deliver Well Management services for Genel Energy’s North/West Africa offshore drilling campaign. The contract, secured by AGR’s Aberdeen-based team, involves p
Chariot Gets Namibian Licence Extension
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, today announces that the Ministry of Mines and Energy in Namibia has granted a one year extension for the First Renewal Phase on the Central Area Blocks, (Licence 19, covering Blocks 2312 A & B and Northern halv
AGR to Get $27 Mln for Drilling Services in Africa
Norway’s AGR Petroleum Services has signed a 160 million NOK ($27.6 mln) contract with Genel Energy to deliver well management services for Genel Energy’s North, West Africa offshore drilling campaign. Under the terms of the contract, AGR will provide full well management and related services, inclu
Chevron Divesting Downstream Assets in Egypt and Pakistan
Chevron, a California-based oil and gas giant, is in talks with several companies to divest its downstream assets in Egypt and Pakistan, Reuters reports citing banking sources. The company is hoping to collect up to $300 million from the divestments. Three bids have been launched from interested par
HRT Announces Sub-Commercial Oil Discovery Offshore Namibia
HRT Participações em Petróleo S.A., announces that its first exploration well (Wingat-1 2212/07/1) in a multi well offshore program in Namibia has found oil although not in commercial volumes. This well is located in Petroleum Exploration License 23 (“PEL-23”), in the Walvis Basin, offshore Republic
Oceaneering to Supply Umbilicals for Burullus Phase IXa Offshore Egypt
Oceaneering International, Inc. announced that it has secured a contract from Saipem to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development located offshore Egypt. The order consists of ten subsea production control umbilicals totaling approximately 84 kilometers (52.2 mi