Increasing vessel supply will keep liquefied natural gas (LNG) charter rates under pressure in 2018, despite strong growth in trade, according to a report by the shipping consultancy Drewry. Drewry’s short-term outlook for LNG charter rates remains pessimistic because of the high fleet growth rate c
Lekoil has revealed an intention to farm-down its working interest in OPL 325 license offshore Nigeria, following completion of an independent study which identified eleven prospects and leads on the block.
Port of Maputo’s volumes surge by 22% in 2017 as the port moves toward welcoming even larger vessels.
IHS Markit has identified more than five billion quick-to-first-oil barrels of oil equivalent up for grabs in numerous smaller, previously bypassed, or underperforming reservoirs outside North America. These, IHS Markit said, offer oil and gas operators a ’shorter-cycle’ path to production than new,
The Port of Maputo said in its latest release that the volume handled by the port in 2017 has grown 22%, adding that this result was positively affected by the dredging of the access channel, completed in January 2017. Before dredging, with the channel at -11 meters chart datum, the maximum sailing
French oil company Total is reportedly preparing to make a Final Investment Decision for its Ikike field development offshore Nigeria.
Marine Power Systems (MPS) has released a video which shows the lift and tow tests on its recently launched WaveSub wave energy device in Milford Haven.
Hapag-Lloyd is to launch a new weekly service between the Saudi Arabian port of Jeddah and the east coast of Africa.
The full potential of European Union free trade agreements (FTAs) remains untapped.
A deputy sheriff of the court fell into the water while trying to board an anchored Liberian bulker.
Egypt is gearing towards halting liquefied natural gas (LNG) imports by the end of 2017/2018 fiscal year which ends in June.
Spectrum Geo is set to acquire broadband 2D multi-client seismic survey over the Joint Management Area (JMA), managed by Joint Commission, located on the Mascarene Plateau between Mauritius and the Seychelles. This new dataset, covering 20,000 km, lies within exploration blocks already delineated by
