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Africa

FDS2 vessel - Saipem
Fossil Energy

Saipem to bag nearly $1 bln from two new deals in Ivory Coast

Saipem has been awarded two new contracts in Ivory Coast worth approximately 1 billion euros (around $956 million) overall.

about 4 years ago
Port of Antwerp
Clean Fuel

ESG: Is there too much focus on the E?

Over the past couple of years, the maritime industry stakeholders have stepped up their sustainability efforts by producing their ESG strategies and starting to publish their first sustainability reports. Over the board, the companies agree they need to decarbonize their operations at least by 2050,

about 4 years ago
GMS Evolution vessel (for illustration purposes); Source: GMS
Fossil Energy

UAE player’s new MENA deal reflects growing demand and higher rates

UAE-headquartered Gulf Marine Services (GMS) has secured a new long-term contract for one of its large-size class vessels.

about 4 years ago
Fourth Gabon well drilling results exceed expectations while FSO and field reconfiguration ops near completion
Fossil Energy

Fourth Gabon well exceeds expectations while FSO and field reconfiguration ops near completion

Vaalco is expecting a boost to its reserves and production after the fourth well in its drilling programme off Gabon goes online next month.

about 4 years ago
BP’s Tortue FPSO
Clean Fuel

No significant damage on BP’s new Tortue FPSO, partner says

BP’s new Tortue FPSO for the GTA project in Mauritania and Senegal has been returned to the quayside of the COSCO shipyard in China.

about 4 years ago
Port of Los Angeles
Clean Fuel

Green corridors: can they catalyze the transition to zero-emission shipping?

Green corridors are coming forth as the central link that is expected to facilitate the shipping industry’s transition to alternative fuels and full-scale decarbonization. Several green corridors are already in the making linking ports within Europe or those connecting Europe with Asia and America.

about 4 years ago
U.S. player gets green light for Equatorial Guinea project with first oil slated for 2026
Fossil Energy

U.S. player gets green light for Equatorial Guinea project with first oil slated for 2026

Vaalco Energy has received approval for its plan of development (POD) for a discovery located on Block P in Equatorial Guinea.

about 4 years ago
Energean - Abu Qir concession in Egypt.
Fossil Energy

Gas production starts from new well off Egypt

E&P company Energean has announced a new gas production from the Abu Qir concession located offshore Egypt.

about 4 years ago
Illustration (Courtesy of IRENA)
Marine Energy

Renewable energy jobs remain resilient with 12.7 million employed globally

Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year, according to a new report by International Renewable Energy Agency (IRENA).

about 4 years ago
Offer put forward for ‘largest and most prospective oilfield’ off Benin
Fossil Energy

Offer put forward for ‘largest and most prospective oilfield’ in Benin

Zenith Energy has handed over an offer for a block with “significant untapped, independently assessed oil and gas reserves” offshore Benin.

about 4 years ago
Illustration (Courtesy of IRENA)
Clean Fuel

IRENA: Greater international collaboration needed to get the world on net-zero track

International Renewable Energy Agency (IRENA) has released a new report, setting out urgent priorities to rapidly make more clean technologies the most affordable options in key sectors.

about 4 years ago
KSOE
Clean Fuel

KSOE bags order for 4 LNG-powered boxships, 4 petrochemical carriers

KSOE bags order for 4 LNG-powered boxships, 4 petrochemical carriers

about 4 years ago
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