Ethiopia signed a deal with DP World, Somaliland Port Authority to acquire a 19% stake in the Port of Berbera.
An international group of experts, working together on the validation of numerical modelling tools for wave energy converters, have presented their first phase findings.
Golar LNG is moving the LNG carrier Gandria to a shipyard in Singapore for conversion into an FLNG unit meant for the Fortuna development off Equatorial Guinea.
High scrapping and market consolidation are expected to contribute to better returns for tanker owners.
Luxembourg-flagged product-chemical tanker attacked by pirates while anchored in the Bay of Cotonou.
Armed pirates attacked two vessels on February 24 off the coast of Bonny Island, Nigeria.
2018 is not likely to be the turning point for the crude oil tanker market amid continued VLCC deliveries.
Italian oil company Eni has started the mobilization of the Saipem 12000 drillship to drill the RD-1 well offshore Morocco.
EU-backed Master in Renewable Energy in the Marine Environment (REM) initiative has opened the application process for the 2018-2020 edition.
Oil and gas exploration company Chariot Oil & Gas is working to secure funds to drill a well on its Prospect S offshore Namibia.
Ocean Rig has signed a new drilling contract with Tullow Namibia for a one-well drilling program plus options for drilling offshore West Africa.
Africa Energy Corp. has received notice from the Petroleum Agency of South Africa granting a two-year renewal of the exploration right for Block 2B offshore South Africa.
