Africa
Angola: Cameia Beats Pre-Drill Expectations
Cobalt International Energy, Inc. today provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola. The Cameia-1 Well was drilled in 5,518 feet (1,682 meters) of water to a total depth of 16,030 feet (4,886 meters), at which point an extensi
Lebanon: Tripoli Port Expansion Project Progresses Well
February 2, 2012 witnessed the completion ceremony of Phase II Expansion Project of Lebanese Tripoli Port. The ceremony was attended by Mikati as the Prime Minister of Lebanon, Wu Zexian as Chinese Ambassador to Lebanon, Ge Hua as commercial counselor, and Li Guowei as General Manager of the UAE Reg
Liberia: APM Terminals Port Privatization Project Ahead of Schedule
In a world where slow growth is the norm for many countries, the International Monetary Fund has forecast an economic growth rate of 5.5% for sub-Saharan Africa in 2012 as a region. More importantly, Liberia’s GDP of approximately $1 billion USD has been forecast to expand by 9.4% for the year, amon
Liberia: Monrovia Port Projected for Record Growth in Africa
In a world where slow growth is the norm for many countries, the International Monetary Fund has forecast an economic growth rate of 5.5% for sub-Saharan Africa in 2012 as a region. More importantly, Liberia’s GDP of approximately $1 billion USD has been forecast to expand by 9.4% for the year, amon
Infield Systems Launches Subsea Market Forecast to 2016
As operators face the dual challenge of sustaining their production levels in mature regions and effectively exploiting the uncapped reserves in growth areas, such as, West Africa, US Gulf of Mexico and Brazil, the potential for subsea capital expenditure throughout the forecast period has increased
Angola: James Fisher Secures 5-year Contract with BP
James Fisher and Sons plc (JFS) announces that its subsidiary James Fisher Angola Ltda has been awarded a five-year contract by BP Angola for the provision of export tanker support services off the coast of Angola. The contract involves the operation of three anchor handling tugs and diving services
James Fisher Wins Five-year Contract by BP, Offshore Angola
James Fisher and Sons plc (JFS) announces that its subsidiary James Fisher Angola Ltda has been awarded a five-year contract by BP Angola for the provision of export tanker support services off the coast of Angola. The contract involves the operation of three anchor handling tugs and diving services
Angola: James Fisher Lands 5-year Deal from BP
James Fisher and Sons plc (JFS) announces that its subsidiary James Fisher Angola Ltda has been awarded a five-year contract by BP Angola for the provision of export tanker support services off the coast of Angola. The contract involves the operation of three anchor handling tugs and diving services
Nigeria: Delta State Government Bans Sand Dredging
The Delta State Government has banned the dredging of sand in the 25 local governments… By Okungbowa Aiwerie (thenationonlineng) [mappress] Source: thenationonlineng, February 8, 2012;
Polarcus Secures 3D Acquisition Project Offshore East Africa
Polarcus Limited announces that the Company has been contracted by an undisclosed client for a 3D seismic acquisition project offshore East Africa. The project will commence in February and is expected to run for approximately 45 days. About Polarcus Polarcus is a pure play marine geophysical compan
Nigeria: Global Workboats Charters Otto Marine’s AHTS Vessel
Otto Marine Limited, offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announces that it has entered into a time charter contract for an initial value of US$ 20.8 million over 3 years, with an option to e
Nigeria: Otto Marine Sends Another AHTS to Africa
Otto Marine Limited, a Singapore based company that builds complex offshore support vessels, and offers specialized offshore services, entered into an AHTS time charter contract for an initial value of US$ 20.8 million over 3 years, with an option to extend for a further 1 + 1 year, bringing the pot