Africa
Italy-Based Saipem Bags New E&C Offshore Contracts Worth USD 1 Billion
Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of $1 billion. In Egypt, Burullus Gas Company awarded Saipem the EPIC contract for new subsea developments in the area of the West Delta Deep Marine Concession, located about 90 kilometres of
Nigeria: FG Plans to Establish New Maritime Training Institutions
Maritime stakeholders are still trying to rationalize the bases of federal governments plan to establishment additional maritime academies… (independentngonline) [mappress] Source: independentngonline, June 10, 2011.
Shermco Lands Deal to Conduct Electrical Maintenance on Offshore Rig in Equatorial Guinea
Shermco Industries, a leader in electrical maintenance for light, medium and heavy industrial trade, is currently performing electrical maintenance and testing work for an offshore oil platform off the coast of Equatorial Guinea. Shermco won the Fortune 500 contract in March for a scope of work whic
Afren Selects RXT for Seismic Shooting Offshore Nigeria
RXT announces that the final contract with Afren Energy Services Ltd for acquisition of 4C seismic data outside the coast of Nigeria is now signed. Estimated value of the contract is approximately USD 41 million and duration is estimated to four and half month and the survey will be acquired by the
RXT Signs Final Contract Worth USD 41 Million with Afren for Acquisition of 4C Seismic Data Off Nigeria
RXT announces that the final contract with Afren Energy Services Ltd for acquisition of 4C seismic data outside the coast of Nigeria is now signed. Estimated value of the contract is approximately USD 41 million and duration is estimated to four and half month and the survey will be acquired by the
Afren Selects RXT for Seismic Shooting Offshore Nigeria
RXT announces that the final contract with Afren Energy Services Ltd for acquisition of 4C seismic data outside the coast of Nigeria is now signed. Estimated value of the contract is approximately USD 41 million and duration is estimated to four and half month and the survey will be acquired by the
Nigeria: CAMAC Energy Secures USD 25 Million Loan to Pay Oyo Field Workover
CAMAC Energy Inc., a U.S.-based energy company engaged in the exploration, development and production of oil and gas, announced today the closure of the $25 million term credit facility with Allied Energy, Plc, which credit facility was originally announced by the Company on March 10, 2011. CAMAC En
Cameroon: Oil Flows at Bowleven’s Sapele-1ST Well
Bowleven, the West Africa focused oil and gas exploration group traded on AIM announces the results of testing activities at the Sapele-1ST appraisal well drilling in the Douala Basin, offshore Cameroon. Drill stem testing was performed within the Deep Omicron interval at Sapele-1ST and a light oil
Ghana: Officials Take Action Against Illegal Dredging
34 illegal small-scale miners, popularly known as ‘galamsey’ operators, including nine foreigners, have been apprehended for mining… (modernghana) [mappress] Source: modernghana, June 8, 2011
China Becomes Top Energy Consumer. Moves USA to 2nd Place, Says BP in 60th Year of Global Energy
China became the world’s largest energy consumer in 2010 overtaking the USA during a year which saw the rebound in the global economy drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks. Demand for all forms of energy grew strongly in 2010 and increases i
Gabon: Sea Trucks Wins Pipe Lay Contract from TOTAL
Sea Trucks Group (“Sea Trucks”), one of the largest and fastest growing oil and gas marine contractors in West Africa, announces the contract award from TOTAL Gabon for the installation of a 32 km pipeline between the Anguille and Torpille fields offshore Gabon. The project comprises a full EPIC sco
Total Gabon Awards Pipeline Installation Contract to Sea Trucks
Sea Trucks Group (“Sea Trucks”), one of the largest and fastest growing oil and gas marine contractors in West Africa, announces the contract award from TOTAL Gabon for the installation of a 32 km pipeline between the Anguille and Torpille fields offshore Gabon. The project comprises a full EPIC sco