Africa
LPG Charter Rates Going Up
Record liquefied-petroleum-gas shipments are eroding a glut of the tankers hauling the fuel used in stoves, cars and lighters… (bloomberg) [mappress] Source: bloomberg, October 18, 2011
Italy’s Saipem Inks Multiple Offshore Contracts Worth USD 1.5 Billion
In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian Gulf, approximately 550 kilometres south-east of Baghdad. The co
More than 5 Pct of the World Fleet to Adopt LNG Propulsion by 2020
A ground breaking report published by the maritime cleantech market insight firm MEC Intelligence estimates more than 5% of the world fleet will adopt LNG propulsion by 2020 a huge growth considering less than 100 vessels presently. Best Option for Newbuilds Strict environment regulations requiring
Bowleven Announces Drilling Success, Offshore Cameroon
Bowleven, the West Africa focused oil and gas exploration group traded on AIM, on Friday (October 14) announced the discovery of oil at the Sapele-3 exploration well drilling in the Douala Basin, offshore Cameroon. Sapele-3 drilling update The Sapele-3 well is located circa 16 kilometers North West
ENI Restarts Greenstream Pipeline Between Libya and Italy
NOC (National Oil Corporation) Libya and Eni through Greenstream BV Libyan Branch, the gas transportation Joint Venture Company (NOC 50%, Eni 50%), have initiated testing activities for the release of natural gas into the Greenstream pipeline, which connects the treatment plant of Mellitah on the We
Cameroon: Phase 1 of CHEC’s Kribi Deepwater Port Project Launched
On October 8 local time, the launch ceremony for Phase 1 of the deepwater port project in Kribi, Cameroon, undertaken by China Harbour Engineering Company Ltd. (CHEC), was held. Cameroonian President Paul Biya and Chinese Ambassador in Cameroon Xue Jinwei were present. Located about 30 kilometers so
Cameroon: Phase 1 of CHEC’s Kribi Deepwater Port Project Launched
On October 8 local time, the launch ceremony for Phase 1 of the deepwater port project in Kribi, Cameroon, undertaken by China Harbour Engineering Company Ltd. (CHEC), was held. Cameroonian President Paul Biya and Chinese Ambassador in Cameroon Xue Jinwei were present. Located about 30 kilometers so
Ghana Orders Two 46 m Patrol Vessels from China’s Poly Technologies Incorporated
Ghana has ordered two 46 metre patrol vessels from China’s Poly Technologies Incorporated as part of a larger drive to modernise its navy… (gahaweb) [mappress] Source: ghanaweb, October 14, 2011;
Ghana: President Supports Ada Sea Defence Project
President John Evans Atta Mills on Wednesday cut the sod for work to commence on the Ada Sea Defence project… (modernghana) [mappress] Source: modernghana, October 14, 2011;
Eni and NOC Plan to Restart Greenstream Pipeline Between Libya and Italy
NOC (National Oil Corporation) Libya and Eni through Greenstream BV Libyan Branch, the gas transportation Joint Venture Company (NOC 50%, Eni 50%), have initiated testing activities for the release of natural gas into the Greenstream pipeline, which connects the treatment plant of Mellitah on the We
Hyperdynamics Spuds Sabu-1 Well, Offshore Republic of Guinea
Hyperdynamics Corporation announced the commencement of drilling operations today at its initial exploration well in its concession offshore the Republic of Guinea. The Sabu-1 well will be drilled by the Jasper Explorer drill ship. The water depth at this location is approximately 700 meters. The ta
Nigeria: CCSS Condemns Foreign Firms Over Calabar River Dredging
A group, under the aegis Concern Citizens of South South has condemned the way in which foreign dredging firms have haggling over the … By Godwin Oritse (vanguardngr) [mappress] Source: vanguardngr, October 13, 2011;