Africa
Maersk Line Expands its Asia-Port Said Loop to Turkey
Maersk Line, one of the world’s biggest shipping companies, has widen its weekly Asia-Port Said shuttle AE5 beyond Port Said to Turkey. The company has also adde a call in Guangzhou’s Nansha terminal. The AE5 now has a rotation of Ningbo, Shanghai, Shenzhen-Yantian, Gaungzhou-Nansha, Tanjung Pelepas
European Union to Expand Range of ‘Operation Atalanta’ Activities
The European Union’s anti-piracy naval force, Operation Atalanta, is reflecting deeply on extending the range of their activities to the beaches of Somalia, where the piracy developments are deemed to be the most intensive. The EU committee has requested the force’s commander to develop plans for re
CAMAC Energy Signs Heads of Agreement to Acquire Avana Petroleum
CAMAC Energy Inc. a U.S.-based energy company engaged in the exploration, development and production of oil and gas in West Africa and China, today announced that it has signed a heads of agreement (“HOA”) to acquire one hundred percent of the issued share capital of Avana Petroleum Limited, a priva
Nigerian LNG Heads for Portugal
Portugal’s Port of Sines is scheduled to receive a shipment of LNG from Nigeria on January 7, according to the Port of Sines website. The LNG Oyo liquefied natural gas carrier, with a capacity of 140,500 cubic metres, is sailing from Nigerian Bonny terminal. The terminal is held by REN Atlântico and
Providence Completes Sale of Interest in Aje Field Offshore Nigeria
Providence Resources P.l.c. confirms that it has closed its transaction to divest its Nigerian subsidiary, which holds its interest in OML 113 offshore Nigeria to Jacka Resources Limited. Under the terms of the transaction, the total consideration payable by Jacka is $16 million, $10 million of whic
Providence Resources Unloads Stake in OML 113 Offshore Nigeria
Providence Resources P.l.c., an Irish based oil and gas exploration company, confirmed today that it has closed its transaction to divest its Nigerian subsidiary, which holds its interest in OML 113 offshore Nigeria to Jacka Resources Limited, (“Jacka”) an ASX-listed company. Under the terms of the
Researchers Explore ‘Dragon Vent’ in Indian Ocean
British experts in the first ever expedition to explore and take samples from the “Dragon Vent” in the south-west Indian Ocean have found a remarkable array of creatures, some of them new to science. Dr. Jon Copley, a marine biologist at the University of Southampton who guided the exploration of th
HMAS Parramatta Provides Life Saving Assistance to Iranian Flagged Vessel
HMAS Parramatta has provided essential life saving assistance to an Iranian flagged vessel in distress on Christmas Eve. Parramatta is on patrol in the Gulf of Aden conducting the Australian Operation Slipper rotation 27 under tasking to Combined Task Force 150 (CTF 150). On 23 December, HMAS Parra
Egypt: Fairmount Sherpa Tows Jack-up Rig Baharia I to Gulf of Suez
Tug Fairmount Sherpa has successfully towed jack-up drilling rig Baharia I to her new position in the Zeit Bay oil field in the Gulf of Suez. The Fairmount Sherpa is one of five supertugs owned by Rotterdam based Fairmount Marine. The rig move for Egyptian oil company Zeitco came just after deliveri
Sierra Leone: Sunergy Announces Positive Financial Results
Sunergy Inc has announced positive financial results in 2010: During 2010 the Company nearly doubled its Assets from $1,000,054 to $1,903,002, largely through the completion of Allied Mining and Supply ($753,497) and its 140.1 sq.km. Gold, Diamond and Rare Earth Pampana River Concession in Sierra Le
Hyperdynamics Restarts Offshore Guinea Drilling
Hyperdynamics Corporation today announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynami
Hyperdynamics Resumes Drilling on Sabu-1 Exploration Well Offshore Guinea
Hyperdynamics Corporation today announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynami