Africa
NATO and Russian Federation in Counter Piracy Exercise
A boarding team comprising Italian marines from the NATO flagship ITS SAN MARCO, in charge of Operation Ocean Shield, and assault forces of the Russian Federation ship SEVEROMORSK trained together in counter-piracy activities as part of a bilateral exercise between NATO and Russia in the Gulf of Ade
Atlantic Energy Takes Part in Nigerian Oil and Gas Conference
Atlantic Energy was a platinum sponsor at the recently concluded 13th Nigerian Oil and Gas conference, one of Africa’s largest oil and gas conference held in Abuja was a gathering of over 1000 national and international senior level delegates from the Upstream, Midstream and Downstream sectors of th
Economic Times: Anadarko, Videocon Selling Stake Offshore Mozambique
Anadarko, a US-based independent oil company, and India’s Videocon are looking to sell stake in Rovuma Area 1 offshore Mozambique, The Economic Times has reported. According to the ET, Videocon plans to receive between USD 2.5 and 3 billion for its 10% stake in the gas rich area. Anadarko, the opera
Final Study on GHG Emissions Estimate for Shipping Expected in 2014
Work to update the greenhouse gas (GHG) emissions estimate for international shipping moved forward during an Expert Workshop at IMO Headquarters last week, (26 February to 1 March 2013), attended by more than one hundred participants from IMO Member Governments and Observer Organizations. A final s
Drewry: Average Vessel Size in LPG Orderbook Doubles in Two Years
Rising demand has prompted owners to order more and larger LPG vessels, according to the latest LPG Forecaster from Drewry Maritime Research. The increased demand has been further improved by a growing consumption base in emerging economies, with supply bolstered by an expected emergence of new expo
VIDEO: Castor Green Terminal – A Zero Emissions Future
Cutting emissions on global scale has become one of the top priorities among maritime industry players inciting them to turn to renewable sources of energy in order to remain competitive on the market. Take a look at a video of Castor Green Terminal developed by Wallenius Wilhelmsen Logistics. Casto
Dana Gas Starts Production from Egypt Fields
Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has announced the West Sama-1 and Allium-1 fields in Egypt have commenced commercial production, less than 2 months after initial well testing was conducted. These new fields are among the three discoveri
VIDEO: Crowley’s ATB Program for Safe Transportation
Tugboats play an important role in the maritime industry, especially when it comes to the way of transportation of vessels that cannot move by themselves, such as barges, disabled ships, log rafts or oil platforms. To ensure safe and reliable petroleum transportation Crowley Maritime pioneered a pro
Drewry: LNG Short-Term Freight Index Remains Unchanged
Drewry Maritime Research’s latest LNG Shipping Insight report saw the LNG Short-Term Freight Index remain unchanged at January’s level. This was largely because increased heating demand across the Northern Hemisphere, particularly in Asia, was balanced by an adequate supply of tonnage. This supply l
Spanish Warship in Counter-Piracy Mission with EU NAVFOR
After navigating the Suez Canal and Bab-el-Mandeb strait, ESPS Rayo joined EU Naval Force (EU NAVFOR) Somalia – Operation Atalanta on Tuesday 26 February. Having completed her first patrol in the Southern Red Sea and Gulf of Aden, the Spanish warship is currently alongside Djibouti, together with EU
SPE Conference Focuses on Africa’s Oil and Gas Market
The Society of Petroleum Engineers London Section (SPE London) today announced that Africa’s oil and gas market is a key focus for its upcoming conference and exhibition, which takes place on 22-23 May at Savoy Place in central London (UK). Africa in general has seen renewed interest in its energy s
Mozambique: Nacala Port Development Project Gets Financial Boost
Mozambique will receive financial help from the government of Japan for the first phase of the Nacala Port Development Project, located in Nampula province. According to macauhub.com, the loan money (US$84 million) will be invested in: – dredging program along the north quay, – land reclamation and