Africa
Chariot Secures Rig for Drilling Offshore Namibia
Chariot Oil & Gas Limited has signed a drilling rig contract with Maersk Drilling for a one well drilling slot using the Maersk Deliverer ultra deepwater semi-submersible rig offshore Namibia. The rig is expected to arrive on location at the end of March 2012 and that the drilling of the Tapir South
Norway: Fugro Nets USD 120 mln Worth Seismic Survey Deals
Fugro Geoteam has recently signed letters of award with four major international oil companies for 3D and 4D seismic surveys in East Africa and the North Sea for a total amount of close to USD 120 million. The surveys will be undertaken during the summer months using Fugro Geoteam’s industry leading
EU NAFVOR Warship Disrupts Pirate Action Group in Gulf of Aden
EU NAFVOR warship FGS BERLIN has successfully engineered the release of an Indian flagged dhow and crew, disrupting a Pirate Action Group and destroying two attack skiffs. On 28 February 2012, EUNAVFOR Warship FGS BERLIN received a distress call from a merchant vessel reporting that they had success
Ghana: Dredging of Obosomase and Daboase Intake Points Kicks Off
Intermerc Ghana Limited, has began dredging the Obosomase and Daboase Intake points in the Eastern Region to enable the Ghana Urban Water Limited (GUWL) to extract enough water from the Pra River for production and distribution to consumers. The project, which is estimated at GH¢3.4 million, will ta
Drewry Sees Increasing LPG Trade (UK)
Owners of LPG carriers can look forward to increasing trade in 2012, despite the uncertain economic environment and the dampening effect of the mild winter in the northern hemisphere. According to Drewry’s latest LPG Forecaster, stagnant demand in Western economies has been balanced by strong domest
Nigeria: Committee Investigates Lagos Illegal Dredging
A Committee, established by the Lagos State House of Assembly to investigate and evaluate illegal dredging and reclamation of land on Lagos Waterways, has initiated the verification of documents obtained by firms to operate on Lagos waterways, reports the Daily Sun. Chairman of the Committee, Rotimi
Polarcus Receives LoI for 3D Seismic Survey Offshore West Africa
Polarcus Limited announces that the Company has received a Letter of Intent from an undisclosed client for a 3D seismic acquisition project offshore West Africa. The project will commence in April and is expected to run for approximately 4 months. About Polarcus Polarcus is a pure play marine geophy
Polarcus Gets LOI for 3D Seismic Offshore West Africa
UAE-based Polarcus Limited has received a Letter of Intent from an undisclosed client for a 3D seismic acquisition project offshore West Africa. The project will commence in April and is expected to run for approximately 4 months. The company did not disclose the value of the contract. Polarcus, hea
International Guidelines for Maritime Security Companies Underway
Internationally, efforts are being made to develop guidelines for security companies used to protect ships against piracy. At a meeting held on 28 February 2012, the Industrial Working Group 3 under the Contact Group on Piracy off the Coast of Somalia (CGPCS) almost finalized a document addressed at
Congo: Chevron to Invest USD 1.9 bln in Lianzi Development
Chevron, one of the U.S. largest oil producers, plans to invest $1.9 billion in the development of Lianzi oil field. The Lianzi is an offshore oil field located in in the deepwater area between the Republics of Angola and Congo. Richard Phillip Cohagan, Chevron’s executive responsible for Africa reg
Nigerian Pirates Take Hostages From Vessel
A vessel has been hijacked by pirates off the coast of Nigeria and for the first time two crew members have been taken hostage, with one still unaccounted for. The attack on the 1991-built, 5,900 dwt reefer Breiz Klipper is the seventh in this region in the first two months of 2012 compared with [&h
Kosmos to Splash USD 600 mln on Exploration and Development in Ghana
Kosmos Energy, announced today its 2012 organic capital program, which totals approximately $600 million. Exploration and appraisal activities represent approximately 55 percent of the amount, with development comprising the remaining 45 percent. Over 90 percent of the 2012 program is anticipated to