Africa
ADX Energy Increases Lambouka Stake, Offshore Tunisia
ADX Energy Ltd announces that a Sale and Purchase Agreement has been executed to buy back a further 10% interest in the Lambouka Prospect Area in the Kerkouane Permit from PharmAust Limited and to cancel the option of PAA to purchase an interest in that part of the Lambouka prospect that extends int
Global Shipping Industry Calls for UN Armed Force Against Somali Pirates
The global shipping industry (represented by the Round Table of international shipping associations) has called for the establishment of a U… (MaritimeIndustries) [mappress] Source: MaritimeIndustries, September 9, 2011;
African Petroleum Accelerating Multi Well Drilling Program Offshore Liberia
African Petroleum has completed drilling the first well (Apalis-1) in deep water offshore Liberia in Block LB-09. The results of Apalis-1 confirm Blocks LB-08 and LB-09 (100% owned by African Petroleum) are located in a prospective oil basin, which is a major step forward. The geological and geophys
Fearnleys Says LNG Tanker Rents Exceed USD 100,000
The cost of hiring liquefied natural gas carriers on year-long charters exceeded $100,000 a day for the first time since 2006 as a shortage… (businessweek) [mappress] Source: businessweek, September 9, 2011.
Call for End of Unsustainable Deep-Sea Fishing
A team of leading marine scientists from around the world is recommending an end to most commercial fishing in the deep sea, the Earth’s largest ecosystem. Instead, they recommend fishing in more productive waters nearer to consumers. In a comprehensive analysis published online this week in the jou
Fearnleys Says LNG Tanker Rents Exceed USD 100,000
The cost of hiring liquefied natural gas carriers on year-long charters exceeded $100,000 a day for the first time since 2006 as a shortage… (businessweek) [mappress] Source: businessweek, September 9, 2011;
Offshore Energy 2011: Executives GDF Suez, Chevron and Shell/NAM Discuss Future of North Sea Gas
Top representatives of GDF Suez E&P Nederland, Chevron E&P Netherlands and NAM, the joint venture of Shell and ExxonMobil, share their vision on the future of North Sea gas production during the Offshore Energy conference. The conference will take place on 11 and 12 October in Amsterdam and will run
LNG Tanker Insurance Rates Going Up
The cost of insuring liquefied natural gas (LNG) tankers has risen as naval containment of piracy fails and surging global demand spurs traf… (arabianbusiness) [mappress] Source: arabianbusiness, September 8, 2011;
LNG Tanker Insurance Rates Going Up
The cost of insuring liquefied natural gas (LNG) tankers has risen as naval containment of piracy fails and surging global demand spurs traf… (arabianbusiness) [mappress] Source: arabianbusiness, September 8, 2011;
DCNS and KND Form Partnership for Promotion, Construction and Sale of OPVs in South Africa
DCNS and KND have signed a memorandum of understanding (MoU) for the promotion, construction and sale of offshore patrol vessels (OPVs) in South Africa. The Gowind OPV leverages the most innovative technologies to ensure the success of maritime safety & security (MSS) and counterpiracy missions. DCN
President Koroma Launches ACE Submarine Cable Project Connecting South Africa and Europe
On Friday afternoon, President Ernest Bai Koroma formally launched the $25 million West Africa Regional Communication Infrastructure … By Abibatu Kamara (awoko) [mappress] Source: awoko, Sptember 08, 2011;
Jan De Nul Accuses Nigerian Ports Authority of Shady Deal
A firm, Jan De Nul Limited, has accused the Nigerian Ports Authority, NPA, and its consultants, Messrs AIM Consultants of breaching due … By Ifeyinwa Obi (vanguardngr) [mappress] Source: vanguardngr, September 8, 2011;