Africa
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
Fairmount Glacier Assists in Refloating of Bulk Carrier in Mozambique
Fairmount Marine’s tug Fairmount Glacier has successfully assisted in the refloating of Greek owned bulk carrier Akiba which was grounded offshore Maputo, Mozambique. The salvage operation was conducted by Greek salvage company Five Oceans Salvage under a Lloyd’s Open Form. When contracted the Fairm
Shell Closer to Cove Acquisition. Offers USD 1.8 bln
Shell Bidco, a subsidiary of international supermajor, Shell, has increased its Cove Energy takeover bid. The company has placed a bid of around USD 1.8 billion which is a significant increase when compared to the initial USD 1.56 bln that Shell offered in February. Shell’s February bid was cancelle
Morocco: Archirodon Wins Jorf Lasfar Port Contract
OCP S.A (Office Cherifien des Phosphates) and ONE (Office National de l’Electricité) of Morocco, have awarded Archirodon the US $ 240 million EPC Contract for lnfrastructure Rehabilitation and Execution Works in Jorf Lasfar Port, 20 km south-west of the city of El Jadida, in Morocco. Jorf Lasfar is
NIWA: River Niger Dredging Successful and Beneficial (Nigeria)
Alhaji Ahmed Yar’Adua, the Managing Director of National Inland Water Ways (NIWA), said that the Lot 5 dredging site of the River Niger is successful and done according to specification. Yar’Adua made this known during the visit of the members of the House Committee on Marine Transport in the area t
Ivory Coast: Rialto Resumes Gazelle Drilling
Rialto Energy Limited, an exploration and production company focused on West Africa region, today announced that it has resumed drilling operations at the Gazelle-P3 ST Well, offshore Ivory Coast. Since the last report, the stuck pipe was freed to a depth of 870 metres MD, a cement plug was set and
TE SubCom Completes Construction of TGN-EA (Jeddah) and TGN-Gulf Undersea Cables
TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology has completed construction of the TGN-EA (Jeddah) and TGN-Gulf undersea cables for Tata Communications. TGN-EA (Jeddah) connects Saudi Arabia, Egypt and India, while TGN-Gulf links Oman, India, Un
Egypt Scraps Gas Deal with Israel
Ampal-American Israel Corporation said that it has been advised by East Mediterranean Gas Co. (EMG), in which Ampal has a 12.5% interest, that Egyptian General Petroleum Corporation (EGPC) and the Egyptian Natural Gas Holding Company (EGAS) notified EMG that they were terminating the Gas Supply and
Kenya: Van Oord Completes Mombasa Port Dredging
According to the Daily Nation, the Mombasa port is now able to accommodate large vessels. The dredging project, which took 18 months to complete, was carried out by a Dutch company, Van Oord Dredging and Marine Contractors, at a cost of $62 million (Sh5.1 billion). “The turning basin has also been d
Bayfield Energy Gets Exploration Rights Offshore South Africa
Bayfield Energy Holdings plc, an independent oil and gas exploration and production group with production and exploration interests in Trinidad & Tobago, has announced the formal execution of an exploration right over the Pletmos Inshore Block (“Pletmos”) offshore South Africa with an effective date
Namibia: Afri-Can Signs Contract with IMDH to Start Geophysical Survey
Afri-Can Marine Minerals Corporation has reached agreement with International Mining and Dredging Holding Ltd to start a geophysical survey on Exclusive Prospecting Licence 3403 marine diamond concession in Namibia on or about April 28, 2012. Afri-Can has chartered the vessel SP Star from IMDH to ca
Willis Global Marine – Another Difficult and Uncertain Year for Maritime Industry
After an inauspicious start, 2012 will be another difficult and uncertain year for the maritime industry faced with the aftermath of the Costa Concordia, further problems in the Euro zone, pirate attacks and increased sanctions, according to Willis Global Marine, part of Willis Group Holdings, the g