As investments in tight oil increased from 2016 to 2018 and offshore investments decreased, according to Norwegian energy intelligence group Rystad Energy.
Available assets, lack of capital, and sluggish fundamental market improvement are keeping rig values under pressure
Parts of the mining cutter suction dredger (CSD) Julia dredge and the Wet Concentrator Plant for the WCP C development are arriving on site at the Moma Mine in Mozambique, Kenmare Resources plc said in their latest announcement. The dredger was dismantled and than shipped from the Netherlands to Moz
UniSite Group, a Ningbo based company involved in dredging, land reclamation, offshore projects, marine, mechanical engineering and green remediation projects, took part in some very significant projects all over the world in the third quarter of 2019. Q3 Highlights: UniSite successfully supplied nu
ADES has entered into a second deepwater drilling campaign with a top tier international oil company for deepwater drilling services in the Egyptian Mediterranean area.
Ellicott Dredges, a Baltimore, MD, based manufacturer of cutter suction dredgers and dredge equipment, has successfully delivered a portable cutter suction dredger (CSD) to their customer in Malawi, southeastern Africa. In 2018, the Millennium Challenge Account of Malawi (MCA-M) awarded Ellicott Dre
Unique Group has signed an agreement to acquire five unmanned surface vessels (USV) DriX units from French high-technology company iXblue. Unique Group’s new addition is designed for a wide range of tasks such as geophysical and hydrographic surveys, touchdown monitoring of pipelines, subsea positio
Ghanaian company Springfield Exploration and Production Limited has started drilling the Afina-1x well located off the coast of Ghana.
A consortium between JGC Corporation, Fluor Corporation, and TechnipFMC has been awarded an Engineering, Procurement and Construction (EPC) contract for the Rovuma LNG onshore liquefied natural gas (LNG) production complex project located in Cabo Delgado, Mozambique.
MainOne has landed its submarine cable in Grand Bassam, Cote D’Iviore, which is the final leg of the ongoing expansion to reach Senegal and Cote D’Ivoire. The Grand Bassam landing which follows the recent completion of the landing in Dakar Senegal will extend the reach of the cable into Cote D’Ivoir
U.S. energy giant ExxonMobil is lining up a $500 million investment for the initial construction phase of its Rovuma LNG project in Mozambique.
Jack-Up Barge has teamed up with Saipem to support the construction of FLNG offloading and berthing facilities for the Greater Tortue Ahmeyim field offshore Mauritania and Senegal.
