Africa
Gasol, Societe BenGaz Form JV Company in West Africa
Gasol plc, the West African energy development company, announced that it has signed a Joint Venture Agreement with Societe BenGaz S.A., following the agreement in principle between the two companies announced on 3 September, 2012. Under the terms of the Agreement, Gasol and Bengaz will form a JV co
South Africa: Durban to Host 2nd Maximising African Port Capacity Summit
ACI’s 2nd Maximising African Port Capacity Summit is scheduled for 22nd-23rd May 2013, and will take place in Durban. This event will address the fundamental issues faced by African ports and terminals in order to present an efficient and attractive option to the shipping lines. The conference will
International Offshore Rigs Down by 2 in November
Baker Hughes Incorporated announced today that the international rig count for November 2012 was 1,267, up 8 from the 1,259 counted in October 2012, and up 82 from the 1,185 counted in November 2011. The international offshore rig count for November 2012 was 300, down 6 from the 306 counted in Octob
Moroccan EUROGATE Terminal Welcomes the World’s Largest Container Ship
The world’s largest container ship docked at the EUROGATE container terminal next to the Strait of Gibraltar yesterday evening. The “CMA CGM Marco Polo” entered service in Ningbo (China) on 5 November and is charting its maiden voyage from there to Hamburg and Bremerhaven, where it is expected to ar
Noble Energy to Spend $3.9 Billion in 2013
Noble Energy, Inc. yesterday announced its 2013 capital program and guidance, and provided updates to the fourth quarter of 2012. Total capital expenditures are estimated at $3.9 billion for the year. The capital program allocates 60 percent to onshore U.S., six percent to the deepwater Gulf of Mexi
South Africa: 2nd Dredging & Port Expansion Event Set for February 2013
The Dredging & Port Expansion Africa 2013 conference, hosted in Durban, is approaching. This conference, scheduled for 11-14 February, 2013, is the only event of its kind on the African continent, and is the essential gathering of maintenance and capital dredging and port construction and developmen
Alcatel-Lucent and Main One Extend Maintenance Contract for Portugal – Nigeria Subsea Cable
Alcatel-Lucent and Main One Cable Company Limited, have renewed their marine maintenance contract for Main One’s submarine cable system connecting Portugal to Nigeria over 7,000 km and contributing to enhance overall African and international connectivity. Delivering high-speed bandwidth of 1.92 Tbi
Chevron Earmarks $33 Bln for Exploration and Production in 2013
Chevron Corporation has announced a $36.7 billion capital and exploratory investment program for 2013. Included in the 2013 program are $3.3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. “Our exploration program continues to discover additional gas reso
Eni Announces New Discoveries in Area 4 Offshore Mozambique
Eni announces new natural gas discoveries within the Mamba Complex, in Area 4, offshore Mozambique, at the Mamba South 2 and Coral 2 delineation wells, which are respectively the sixth and seventh wells drilled back to back in Area 4. The new discoveries add 6 tcf of gas in place to Area 4, confirmi
Eni Finds More Gas Off Mozambique
Eni announced new natural gas discoveries within the Mamba Complex, in Area 4, offshore Mozambique, at the Mamba South 2 and Coral 2 delineation wells, which are respectively the sixth and seventh wells drilled back to back in Area 4. The new discoveries add 6 tcf of gas in place to Area 4, confirmi
Eni Makes New Gas Discoveries Offshore Mozambique
Italy’s Eni announces new natural gas discoveries within the Mamba Complex, in Area 4, offshore Mozambique, at the Mamba South 2 and Coral 2 delineation wells, which are respectively the sixth and seventh wells drilled back to back in Area 4. The new discoveries add 6 tcf of gas in place to Area 4,
South Africa: Inauguration of New Building at Damen Shipyards in Cape Town
On December 3rd, 2012, Kommer Damen, President of Damen Shipyards Group, officially opened the new, multifunctional building of Damen Shipyards Cape Town (DSCT). The clever and outstanding design combines a 1.125m2 services workshop and logistics centre on the ground floor topped off with offices an