European Investment Bank (EIB), the European Union and the Seychelles Ports Authority have signed agreements related to the financing, the rehabilitation and expansion of the Port Victoria harbor. On the same occasion, the French development agency (AFD) also signed a memorandum pledging a loan in s
The 100MW Ghana wave energy project, being developed by Seabased and TC’s Energy, is gaining momentum with a number of local permits and agreements already secured to support the scheme’s delivery.
The global fleet of liquefied natural gas (LNG) carriers is set to be joined by a record number of vessels this year. According to the data by VesselsValue provided to LNG World News, 22 LNG vessels worth $3.9 billion have been delivered so far in 2018. Another 43 LNG vessels with a price tag of $7.
FAR Limited has awarded a drilling rig contract to Stena Drilling for the provision of the Stena DrillMAX drillship to drill the giant Samo prospect offshore, The Gambia.
Vryhof Anchors has signed a deal with Perenco to supply anchors for the La Noumbi FPSO in the Yombo Field, offshore Congo.
The eleven crew members that were taken hostage by pirates from FWN Rapide are alive and together.
The rebalancing of the tanker market requires further affirmative action in reducing older tonnage.
Tullow Oil has completed the first of three scheduled shutdowns of the FPSO Kwame Nkrumah on the Jubilee field offshore Ghana and is preparing for the second one.
UK-based driller Ensco has won new contracts for a number of its drilling rigs but has also lost one contract and scrapped three rigs.
One of the twelve crew members of FWN Rapide that were last reported missing after a pirate attack has been found.
Van Oord, Dutch contracting company that specializes in dredging and land reclamation, completed the dredging operations in the access channel and the maneuvering basins of Beira Port, Mozambique, earlier this month. Local media reported that the dredging works on this project, which started approxi
In the French Region of La Reunion, DEME Group’s backhoe dredger Pinocchio continues the works for the Nouvelle Route du Littoral. DEME is executing the dredging, gravel bed installation and backfilling works of the 48 gravity-based foundations for the 5,400 m highway viaduct. The Nouvelle Route du
