South Africa’s state-run logistics company Transnet has entered into a cost-sharing agreement with IFC, a member of the World Bank Group, for a Port of Richards Bay LNG import terminal feasibility study.
Dallas-based Kosmos Energy said it expects to reach an agreement on the sell-down of its position in Mauritania and Senegal region to 10 percent by year-end.
Sirius Petroleum is still in limbo regarding the extension of the Ororo license and the subsequent drilling activities on the field.
Dredging Today brings you an overview of the most popular stories from the past week (July 29 – August 4, 2019). Hopper Dredger LESSE Passes Sea Trials The sea trials of the 2,300m³ trailing suction hopper dredger (TSHD) LESSE have been completed successfully, informs Royal IHC. CEMEX Go Innovat
Offshore Energy Today’s most popular news of the past week.
Subsea World News has put together a recap of the most interesting articles from the previous week (July 29 – August 04). https://subseaworldnews.com/2019/08/01/saudi-aramco-taps-mcdermott-for-hasbah-gas-field-work/ https://subseaworldnews.com/2019/08/01/shell-makes-fid-for-powernap-subsea-tie-back-
Seadrill Partners has received an early termination notice for the West Vencedor rig contract offshore Ivory Coast.
Both vessels sustained damages above the waterline.
DP World: Djibouti’s recent action to denounce the Rule of Law is threatening any investment in the country.
Electromagnetic Geoservices (EMGS) has been awarded a contract from Nabirm for a proprietary 3D controlled source electromagnetic (CSEM) survey in the Walvis Basin offshore Namibia. Under the contract, valued in excess of $1 million, EMGS will also provide processing, inversion and interpretation se
EMGS has been awarded a contract from Nabirm Global LLC for a proprietary 3D CSEM survey over Block 2113A, in the Walvis Basin offshore Namibia.
Royal IHC reported today that 2018 was a difficult year and due to cost overruns in the execution of a number of challenging innovative projects, the loss for 2018 ultimately amounted to €80.6 million. IHC has initiated a number of clear actions in order to restore profitability. For example, the or