Africa
Reef Subsea Receives Subsea Construction Contracts Offshore West Africa
Reef Subsea has secured two contracts for offshore operations in the West Africa region with a combined value of more than US$15M (£9.8 Million). The firm’s IMR and Construction division, based in Bergen, Norway, is working with two major oil and gas companies on the projects in The Republic of Cong
Eni CEO Meets Prime Minister of Mozambique
The Prime Minister of the Republic of Mozambique, Alberto Vaquina, and Eni’s CEO, Paolo Scaroni, met today in Rome to discuss Eni’s activities in the country. During the meeting, Eni’s CEO updated the Prime Minister on the progress of ongoing projects, which are considered strategic for both Eni and
Heerema to Build Offshore Platform for Marathon in E. Guinea
Heerema Fabrication Group (HFG) in the Netherlands has been awarded the EPCI (Engineering, Procurement, Construction and Installation) contract for the 6,000 ton Alba PSC B3 compression platform for client Marathon E.G. Production Limited. Heerema Fabrication Group has been awarded an EPCI contract
Drewry: Multipurpose Shipping Market Review and Forecast 2013
The Multipurpose sector faces a difficult couple of years, but its long-term prospects are good, according to Drewry Maritime Research’s latest Annual Multipurpose Shipping Market Review and Forecast report. Most owners of Multipurpose ships (MPVs) were fairly upbeat at the start of 2012 and, in spi
VIDEO: Global Marine Trends 2030
Report issued today at events in Singapore and London indicates strong growth for the maritime sector in the years up to 2030 and an even bigger role for China in the maritime world, as seaborne trade increases from 9 billion tonnes annually to between 19-24 billion tonnes. Lloyd’s Register, Qinetiq
Cap Energy Completes Acquisition of Guinea Bissau Blocks
Cap Energy Limited, a company focused on upstream oil and gas exploration in sub-Saharan Africa, has completed its acquisition of a majority shareholding in Sphere Petroleum Corporation. Sphere BVI holds interests in two offshore Guinea Bissau oil and gas exploration licences. The additional conside
Exxon Mobil Acquires 80 Pct Interest in LB-13 (Liberia)
Exxon Mobil Corporation announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80 percent interest in Liberia Block 13 (LB-13), comprising more than 625,000 acres (2,500 square kilometers) offshore Liberia in water depths ranging from 250 to 10,000
EU NAVFOR: Operation Atalanta Receives Swedish OPV into Service
Swedish Ocean Patrol Vessel (OPV) HSwMS Carlskrona joined the EU Naval Force (EU NAVFOR) Somalia – Operation Atalanta on 6 April 2013, in Djibouti. HMS Carlskrona is a 106 meter long OPV with a crew of 139, including the boarding team and helicopter crew. She is a former flagship of EU NAVFOR (2010)
BW Offshore Extends Contracts for Two FPSOs
BW Offshore has agreed an contract extension for FPSO Abo with Nigerian Agip Exploration Ltd of nine months and an contract extension for FPSO Sendje Berge with Addax Petroleum Exploration Ltd of three months. These extensions have been agreed to secure operational continuity while joint work to det
Maritime Lawyers, Shipowners to Promote Ratification of International Maritime Conventions
The Comité Maritime International (CMI) – the international association for maritime lawyers – has joined forces with the International Chamber of Shipping (ICS) and the International Shipping Federation (ISF) – which represent the operators of over 80% of the world merchant fleet – to promote those
Stena DrillMAX to Drill Starfish-1 Well Offshore Ghana
Tap Oil Limited announces the award by the Accra Joint Venture of the Drilling Rig Services contract for the drilling of the Starfish prospect to Stena Drilling. The Starfish-1 well will be drilled by the Stena DrillMAX, Dual Derrick Drillship which has recently drilled eight efficient and successfu
BW Offshore Secures Contract Extensions for Two FPSOs
BW Offshore has agreed an extension for FPSO Abo with Nigerian Agip Exploration Ltd of nine months and an extension for FPSO Sendje Berge with Addax Petroleum Exploration Ltd of three months. These extensions have been agreed to secure operational continuity while joint work to detail longer term pr