Africa
VAALCO Acquires Interest in Block P, Offshore E. Guinea
VAALCO Energy, Inc. has acquired a 31% non-operating working interest in a production and development area (“PDA”) in Block P, offshore Equatorial Guinea from Malaysia’s Petronas. In a press release published yesterday, November 1, VAALCO said it paid $10 million for the working interest. The PDA, w
Seven Crew Members from ‘Bourbon Liberty 249′ Liberated from Captivity (Nigeria)
BOURBON confirms that the 7 crew members, 6 Russians and 1 Estonian, abducted during the boarding of the Bourbon Liberty 249 off the coast of Nigeria, on October 15, 2012, were released today. Despite difficult conditions while in captivity, they all appear to be in good health. They are currently b
Bourbon Workers Released from Captivity (Nigeria)
France-based owner of offshore support vessels, Bourbon, has confirmed that the 7 crew members, kidnapped from the Bourbon Liberty 249 vessel in Nigeria, on October 15, 2012 were released today. The company informed that 7 crew members, 6 Russians and 1 Estonian, all appear to be in good health. “Fo
Egypt: NIOF Chooses Saab Seaeye’s Tiger ROV for Mediterranean Studies
Egypt’s National Institute of Oceanology and Fisheries (NIOF) has chosen a Tiger ROV from Saab Seaeye as their preferred vehicle to undertake a range of studies in the Mediterranean. The NIOF chose the Tiger over other makes of ROV as it can handle the strong currents of the Mediterranean and dive t
ENH, Galp Energia to Cooperate in Rovuma Basin Off Mozambique
The National Oil and Gas Company of Mozambique, Empresa Nacional de Hidrocarbonetos, EP (ENH), and Galp Energia recently signed a technical, operational and financial cooperation agreement with focus on their respective stakes in the Rovuma basin, offshore Mozambique. The aim of this agreement is to
Chariot Oil & Gas Renews Licences Offshore Namibia
Namibian Ministry of Mines and Energy has granted approval for Chariot Oil & Gas to enter the Second Renewal Phase of Licences 14 and Licence 15. The licences cover Chariot’s Northern Blocks 1811 A&B and Southern Block 2714B offshore Namibia. The Second Renewal Phase of these Licences runs from 27 O
Ghana: Takoradi Port Expansion to Begin in 2012
The Ghana Ports and Harbours Authority (GPHA) will start expansion works at the Takoradi Port in the Western Region this year, as part of measures to decongest the ports in the country. The Takoradi Port, which was built in 1928 by Sir Gordon Guggisberg, during the colonial era, has seen no major ex
Afren: First Oil Flows from Okoro Field Extension (Nigeria)
First oil has started flowing from Afren plc’s Okoro Field Extension, offshore south east Nigeria, at a stabilised rate of 5,000 bopd of 38° API oil, increasing total output from the Okoro area to approximately 21,500 bopd. The Okoro-14 (Okoro Field Extension) development well was drilled by Afren a
Bumi Armada Takes Delivery of Accommodation & Work Barge (Malaysia)
Malaysian ship owner Bumi Armada yesterday took delivery of Armada Hibiscus vessel, from Sam Jung Holdings Limited. Armada Hibiscus, previously known as GSP Bigfoot 3, is a 100m, 300-man accommodation work-barge with a gross weight of 10,650 tons, that was built by Oriental Precision Engineering in
Wartsila Wins Power Plant Contract in Mauritania
Wärtsilä, a leading global supplier of flexible and efficient power plant solutions, has signed a turnkey contract to construct, supply and engineer a major power plant to be built in Nouakchott, Mauritania in West Africa. The contract is valued at EUR 128 million. The power plant order has been pla
GL Noble Denton Seeks Oil Professionals’ Opinion on the Industry Outlook
GL Noble Denton has called upon hundreds of oil and gas sector professionals to contribute to a comprehensive new research programme investigating the issues the industry is expected to encounter in 2013. Working in association with independent partner Longitude Research, GL Noble Denton has invited
GE Bags Lianzi Subsea Gig from Chevron Offshore West Africa
GE Oil & Gas announced that it has received a £102 million (US$165 million) contract to supply production equipment to Chevron’s Lianzi project, situated offshore between Angola and the Republic of Congo. GE will provide a range of technologies to enable EPC (engineering, procurement and constructio