Africa
Singapore: Sustainable Shipping Initiative Launched
The Sustainable Shipping Initiative (SSI) is at Singapore Maritime Week today, launching a series of practical, collaborative action plans aimed at developing a sustainable shipping industry for the future. The SSI is a cross-sector coalition of 16 global companies and two non-governmental organisat
Shell’s 1Q Earnings Reach USD 7.7 bln
Shell’s first quarter 2012 earnings increased from year-ago levels, through a combination of improved operating performance, increased upstream volumes and strong oil prices.
Seychelles: Minister Visits La Digue
According to the Nation, The new Minister for Environment and Energy, Dr Rolph Payet, visited La Digue last weekend to familiarise himself with the island’s environmental issues. The minister was accompanied on his one-day visit by secretary of state Barry Faure, principal secretary for environment
Afren’s Nunya Well Offshore Ghana Disappoints
Afren plc announces that the Nunya-1x (formerly named Cuda-2) exploration well in the Keta block offshore Ghana has encountered thick and high quality water bearing reservoirs. The objective of the Nunya-1x exploration well was to explore a large four-way dip closed Upper Cretaceous prospect in the
IMB’s Report Shows Increase in Piracy Off West Africa
One hundred and two incidents of piracy and armed robbery have been reported for the first quarter of 2012, with dangerously increasing numbers in West African waters, according to figures released recently in the International Chamber of Commerce (ICC) International Maritime Bureau’s (IMB) global p
French Navy Frigate FS Guepratte Joins EU NAVFOR
The Counter-Piracy force of the European Union (EU NAVFOR), typically comprising 4 – 7 Surface Combat Vessels patrolling the Gulf of Aden and Horn of Africa, was joined by the French navy frigate FS Guépratte today, 25 April 2012. The 125 meter long FS Guépratte with 3600 metric tonnes displacement
Douglas-Westwood Forecasts USD 335 bln Spending in Offshore O&M Sector
The 2nd edition of the World Offshore Operations & Maintenance Market Forecast, by Douglas-Westwood (DW) forecasts over $335 billion worth of expenditure from 2012-2016 on offshore oil & gas operations & maintenance (O&M). With O&M markets considerably less vulnerable to economic downturn than their
UK: Red Spider’s eRed Completes 100 Operations
Red Spider, the Remote Open Close Technology specialist delivering major savings and reduced risk to the oil & gas industry, has announced completing 100 operations using its ground-breaking eRED tool. The work involving eRED has generated multi-million pound sales for Red Spider and has taken place
Kick-off of Angola LNG Scheduled for June
Jose Botelho de Vasconcelos, Angola’s Oil Minister, announced Tuesday that the official kick-off of liquefied natural gas (LNG) exports from the Angola LNG terminal will be in late June, Reuters reported. The Soyo-based plant will be subjected to a shipping test next month and if everything goes wel
SeaBird’s Northern Explorer Seismic Vessel En Route to East Africa
Cyprus-based SeaBird Exploration PLC has been awarded a contract in excess of USD 5.5 million in East Africa for the Northern Explorer vessel by a Multi-Client company. The contract will commence in direct continuation of her current contract with Spectrum ASA, and has an estimated duration of 60 da
SeaBird Secures 2D Seismic Contract in East Africa
SeaBird Exploration PLC has been awarded a contract in excess of USD 5.5 million in East Africa for the Northern Explorer by a Multi-Client company. The contract will commence in direct continuation of her current contract with Spectrum ASA, and has an estimated duration of 60 days with an optional
Statoil Farms Into Deepwater Licence in Ghana
Statoil has entered its first acreage in Ghana, farming into a deepwater licence operated by Hess. The Deepwater Tano/Cape Three Points (DWT/CTP) licence was awarded to Hess Corporation (Hess) in 2006 and lies just south of the licence containing the Jubilee field offshore Ghana. Two wells have alre