The International Maritime Organization (IMO) and the World Shipping Council (WSC) have hit back at the accusations stemming from the recently published study by the InfluenceMap on the IMO’s approach to tackling carbon emissions from shipping. The report claims that the shipping industry has aggres
An oil worker from Scotland employed on a Stena Drilling-owned drillship has reportedly died after falling into a harbor in the Canary Islands. According to a Monday report by BBC, the worker was a member of the crew on the Stena IceMAX drillship, which is currently moored in Las Palmas. UK’s Evenin
U.S. oil and gas company Hess is selling its assets in Equatorial Guinea to raise cash for its offshore development project in Guyana. The company on Monday said it would sell its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for a total consideration of $650 million, e
Uruguayan Navy has detained four stowaways that threatened the crew aboard the bulk carrier Friederike. The four men reportedly boarded the 57,400 dwt bulker while it was in the Nigerian port of Lagos. In the morning hours of October 21 the authorities received a distress call from the ship’s captai
The OPEC-Non-OPEC producing countries that last year agreed to a deal to keep the oil production limited to stabilize oil prices are delivering more than promised, the Joint Ministerial Monitoring Committee (JMMC) said on Friday. According to JMMC, for the month of September 2017, OPEC and participa
The Ministry of Mines and Hydrocarbons of Equatorial Guinea, the national oil company GEPetrol, and the U.S.-based oil company Kosmos Energy have signed three new production sharing contracts (PSC) for Block EG-21, Block S and Block W offshore Rio Muni. The deal marks Kosmos’ first PSCs in Equatoria
Six crew members, including the captain, were kidnapped from the Liberian-flagged containership Demeter while the ship was sailing some 50 nautical miles south-west of Bonny, Nigeria on October 21st. An armed group of eight pirates managed to board the boxship after an exchange of fire, a Dryad Mari
The United States Energy Association, together with the Department of Energy will unveil an LNG handbook designed to aid sub-Saharan Africa to develop LNG infrastructure.
Addax Petroleum Exploration (Nigeria) has withdrawn contract termination notice for the Sendje Berge FPSO following the contract extension with BW Offshore’s subsidiary. Sendje Berge Limited, a subsidiary of BW Offshore, and Addax have agreed terms of the contract extension for the FPSO on the Okwor
Sendje Berge Limited, a subsidiary of BW Offshore Limited (BWO), has agreed terms of a contract extension for the FPSO Sendje Berge with Addax Petroleum. BW Offshore said on Monday that the extension for the FPSO, working on the Okwori field offshore Nigeria, had been submitted to relevant Nigerian
NEC Europe has appointed Hironobu Kurosaki as president and CEO. In this role, Kurosaki will lead the growth of NEC Europe’s business for a broad range of customers spanning across its key business segments of public safety, public IT services and telecom carrier solutions in the EMEA region (Europe
Popular news, October 16 – 22, 2017