Africa
Eni Sells Interest in Area 4 in Mozambique to CNPC
Eni CEO, Paolo Scaroni, and the CEO of Petrochina Company Limited, controlled by China National Petroleum Corporation (CNPC), Zhou Jiping, signed an agreement in Beijing for Eni’s sale to CNPC of 28,57% of Eni East Africa’s shares, owner of the 70% interest in Area 4, in Mozambique. With this operat
VIDEO: SGB302 Wetland Amphibious Excavator at Work
SGB302 wetland amphibious excavator is a type of multipurpose excavator designed especially for operation in lake area, marsh soft land surface and shallow water operation, and can be used for engineering such as ditch excavation, pond dredging, man-made lake dredging etc, it features large range of
GE Power Conversion’s Technology Helps Make Greener Cruise Ships
GE’s Power Conversion business yesterday announced that the latest addition to the MSC Cruises’ fleet, MSC Preziosa, has successfully completed sea trials that will move it closer to commissioning. The vessel is one of the newest cruise ships that is part of a growing global electrification trend th
Ethiopian Shipping Enterprise Receives Pair of Newbuid Vessels
The Ethiopian Shipping & Logistics Services Enterprise (ESLSE), the only company involved in sea freight activity in the country, recently received a pair of newbuild vessels, named “Assosa’’ and “Bahir Dar’’, from a Chinese shipbuilder, according to Ethiopian news portal Addis Fortune. The two vess
Anadarko Selling Mozambique Gas to Japan
Anadarko Petroleum Corp., a US-based independent oil and gas exploration and production company, is in talks with Japanese companies to supply LNG produced from its offshore Mozambique gas fields, Bloomberg Businessweek has reported. The news agency quoted Steve Hoyle, vice president of LNG marketin
Anadarko in Mozambique LNG Talks with Japan
Anadarko is in negotiations with potential customers in Japan to purchase supplies from the planned Mozambique LNG project, Bloomberg reported, citing Steve Hoyle, Anadarko’s vice president of LNG marketing as saying. “We are advancing efforts with selective companies in Japan and we’re hopeful that
Nigeria: Governor Ajimobi Supports Dredging Projects
Governor Abiola Ajimobi of Oyo State inaugurated the Secretariat-Bodija Bridge in Ibadan, with a pledge that his administration would put a stop to the wanton destruction of lives and properties occasioned by flooding. The bridge, which is in the heart of Ibadan, was one of the bridges washed away b
Foy-Johnston: Exploration Begins in Eastern Region (Cameroon)
Foy-Johnston announces that it now has the two exploration dredges on site and in operation in the Eastern Region of Cameroon. The company has now successfully transported the second phase of equipment from the staging area in USA via container to Cameroon. This finishes the movements needed of the
Wood Mackenzie Predicts Robust Outlook for Global Gas Demand
While gas demand in Europe will struggle to recover to pre-financial crisis levels until the latter half of this decade, overall global gas demand continues to grow strongly, Ben Hollins, Head of Gas & Power Research for Wood Mackenzie told delegates in a presentation at FLAME 2013 in Amsterdam toda
Somali Pirates Release Another Tanker from Captivity
It has been a busy couple of days for EU Naval Force (EU NAVFOR) flagship ESPS Méndez Núnez. The Spanish warship, which is conducting EU counter piracy patrols off the Somali coast, was once again able to provide much needed protection, this time to super tanker MV Smyrni, after the vessel was relea
Cooper Energy Weeks from Spudding Hammamet Offshore Well (Tunisia)
Cooper Energy Limited, the operator for the Bargou Joint Venture and the Hammamet West-3 well offshore Tunisia, has advised the Company that the ‘GSP Jupiter’ jack-up drilling rig left the port of Tuzla in Turkey on March 10. The rig was previously working in the Black Sea and it was necessary to pa
GBI: Yearly Offshore Drilling Investment in Africa and Middle East to Exceed $17 Bln by 2016
An increase in offshore discoveries is prompting a surge in exploration activity across the Middle East and Africa and driving up the amount spent on drilling, states the latest report form business intelligence firm GBI Research. The company’s latest oil and gas report forecasts offshore drilling e