MEPC 73 adopted today the ban on the carriage of non-compliant fuel oil on board ships.
Offshore Energy Exhibition & Conference (OEEC) 2018 brought together 550 exhibitors and over 10,000 unique visitors in halls 1, 2 & 3 of Amsterdam RAI. The conference and side events attracted over 1,000 delegates. The next Offshore Energy Exhibition & Conference takes place on 7, 8 and 9 October 20
French oil major Total posted a 45 percent increase in the third quarter 2018 profit, boosted by higher production and oil prices.
The Republic of Gabon is set to launch an offshore licensing round offering the country’s shallow and deepwater offshore blocks for oil companies to bid for.
TE SubCom supply contract for the Djibouti Africa Regional Express 1 (DARE1) submarine cable system has come into force, Djibouti Telecom and Somtel informed. The 5,400 km DARE1 submarine cable system is the first step in a planned expansion into eastern Africa, which connects Djibouti (Djibouti), M
Tullow Oil has decided to withdraw from the PEL30 license (Cooper Block) offshore Namibia. This was confirmed by Eco Atlantic, Tullow’s partner in the block.
Former executives of now-defunct oil company Afren were found guilty of fraud and money laundering offenses from which they personally received more than $17m and laundered $45m
Cairn and its partners have submitted the Development and Exploitation Plan for the SNE field offshore Senegal to the Government of Senegal. Furthermore, Cairn has informed that JV partner Woodside Energy has exercised its option to become operator of the SNE field development. Work is already well
EBP Proposal for the upcoming 2020 sulphur turned down at MEPC 73.
Partners in the SNE field offshore Senegal have submitted the development and exploitation plan to the government with approval targeted later this year.
Initial production rates at the BW Energy-operated Tortue field located in the Dussafu Marin PSC, offshore Gabon are fully in line with expectations.
Oil and gas companies need to start spending more – around $600 billion a year – to satisfy future demand growth.
