Africa
Otto Marine Secures Time-Charter Contract in Gabon
Otto Marine Limited, a leading offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services,announced that it has secured a time-charter contract for its Maintenance and Construction/Accommodation support vessel, Sea
Subsea 7 Secures $600 Mln Lianzi Field EPIC SURF (Congo)
Subsea 7 S.A. has been awarded an EPIC SURF contract valued at approximately $600 million from Chevron for the development of the Lianzi field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola. The technical specifications include a 12” wet insulated produ
Congo: Subsea 7 Wins USD 600 Mln Lianzi Contract
Subsea 7 S.A. announced the award of an EPIC SURF contract valued at approximately $600 million from Chevron Overseas Congo Ltd for the development of the Lianzi field offshore Congo and Angola. The technical specifications include a 12” wet insulated production flow-line with direct electrical heat
EU NAVFOR – HNLMS Rotterdam Successfully Disrupts Pirated Dhow
After a three day hunt by NATO and EU counter piracy forces, HNLMS Rotterdam in close cooperation with EU unit FGS Sachsen, has successfully disrupted a pirated dhow. This end game took place in the coastal waters of Somalia. The crew has been freed and is in good condition. The suspected pirates wi
Statoil Farms Down 25 Pct Working Interest in Mozambique Licence
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Tullow Oil plc (Tullow). The licence, which consists of two blocks under one licence agreement is located in area 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down reflects the att
Statoil in Offshore Mozambique Farmout
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Tullow Oil plc (Tullow). The licence, which consists of two blocks under one licence agreement is located in area 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down reflects the att
Statoil Sells Interest in Mozambique Licence
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Tullow Oil. The licence, which consists of two blocks under one licence agreement is located in area 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down reflects the attractiveness o
Tanzania to Deregister 36 Iranian Oil Carriers
Tanzania is de-registering 36 Iranian oil carriers which had taken Tanzanian flag so as to avoid sanctions imposed by the U.S. and the EU against Iran amid Teheran’s nuclear program development, Reuters informs. Having been subjected to harsh criticism from the U.S. House Committee on Foreign Affair
Serica Energy Applies Final Touches on Moroccan Farmouts
Serica Energy, an oil and gas exploration, development and production company with activities in Europe, Africa and Indonesia, is in the final stage of negotiations to farm out its interests in the Foum Draa and Sidi Moussa blocks located offshore Morocco. Serica has also infromed that an applicatio
Uganda Government to Build Alternative Undersea Cable Route
Due to constant breakdowns of the internet cable in Kenya, the Uganda government is planning on building an alternative route for the undersea cable via Mutukula in Tanzania. According to independent.co.ug, the Director for Technical Services at National Information Technology Authority Uganda (NITA
Apache Begins Drilling Mbawa Prospect Offshore Kenya
Origin Energy advises that L-8 operator Apache Corporation has, on behalf of the joint venture, commenced drilling the Mbawa Prospect in Kenya. The Mbawa 1 exploration well spudded at 6:00 hours local time on 10 August 2012. Origin will only advise the market again when well operations have been com
Nigeria: Lekki Port Development Plan Moves Forward
Recently, the initial project of Lekki Port undertaken by CHEC was launched. With a contract value of 680 million U.S. dollars and a construction period of 42 months, including a value of 12 million U.S. dollars and a construction period of six months for the initial period, the project involves mea