Oil and gas company PetroNor has reached a mutual agreement with the Government of The Gambia to settle its arbitration related to the A1 and A4 licenses.
DOF Subsea has secured an integrated field support vessel (FSV) contract with an undisclosed international oil company in Angola. The project will utilise Skandi Seven for a minimum of 303 firm vessel days plus 365 days of options. The contract also includes the potential supply of additional vessel
Oil and gas services provider Sapura Energy has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast.
MDL has implemented organisational changes to its management and business development teams as it targets global growth in the “new normal” energy market. Andrew Blaquiere, previously VP Americas, joins the MDL board as managing director and will be overseeing the day-to-day business operations. The
Aquatic has completed the work scope for Marine Platforms Ltd (MPL) to support its Anyala Madu project offshore Nigeria. The Acteon company supplied the personnel and equipment to assist with the installation of multiple, different sized products. Specifically, Aquatic provided an HLS c/w 50Te tensi
Japanese shipping major Mitsui O.S.K. Lines (MOL) plans to contribute a total fund of about ¥ 1 billion ($9.4 million) over several years to support the recovery of environmental damage caused by the Wakashio fuel spill in Mauritius. The company, who chartered the ship that ran aground in July and s
LNG technology and equipment specialist Air Products has won an order to provide four of its heat exchangers for Sonatrach’s GL1Z LNG facility in Arzew, Algeria.
Some seafarers have now been on board their ships for more than 17 months, exceeding the 11-months limit set out in the Maritime Labour Convention (MLC), IMO Secretary-General Kitack Lim said, urging governments to act on the crew change crisis. It has been almost six months since COVID-19 has been
Chevron-led Angola LNG project has reportedly floated a tender looking to sell a single cargo of the chilled fuel.
Wakashio, the giant Capesize bulker which ran aground on a reef off Mauritius and subsequently split in two, causing a major fuel spill, diverted from its navigation route approaching closer to the coast of the island as the crew was trying to pick up an Internet signal. These are the preliminary fi
U.S.-based oil and gas company Kosmos Energy has entered into an agreement with a subsidiary of Royal Dutch Shell to farm down interests in a portfolio of frontier exploration assets for up to $200 million.
Following its third price collapse in 12 years, the oil and gas industry may be facing a period of transformation. The industry managed to recover from the previous two downturns and continue with business as usual, but this time it seems the recovery might look a bit different from the ones before.
