Bibby Line’s troubled bulk carrier MV Cheshire is being towed to Gran Canaria as of August 21, over a week after an overheating incident in the ship’s cargo holds. “On August 21, the salvors managed to get a tow line attached and the Cheshire is now under tow and heading towards Gran Canaria at a [&
Independent oil and gas exploration and production company, Kosmos Energy, completed the drill stem test of the Tortue-1 well.
During the first six months of this year, the global container port throughput rose by 6.7 percent and the growth is on track to hit over 6 percent for the full year, a six-year high, according to Alphaliner. The estimate was made based on the survey results from over 250 ports, with a combined annu
Ghana and Equatorial Guinea are closing in on an agreement for the supply of liquefied natural gas (LNG) to augment Ghana’s energy security.
Independent oil and gas company African Petroleum (AP) has refuted media claims that its Gambian offshore licenses have expired and are up for grabs for interested parties. According to Premium Times, The Gambia’s presidential spokesperson, Amie Bojang, told the media that African Petroleum’s rights
Cairn Energy, a London-listed oil company, has shed some light on the development progress of its large SNE oil discovery offshore Senegal. The company said on Monday detailed planning was underway for the for phased development of SNE field using a standalone FPSO with subsea wells and expansion ca
Over the last five years, 12 to 19 crew abandonment incidents were reported annually and 1,013 seafarers were involved in total, the International Labour Organization (ILO) told World Maritime News. Furthermore, figures from this year, as of July 31, show that 28 abandonment cases were reported, inv
The International Association of Dredging Companies (IADC) has just revealed the 6th nominee for its Safety Award 2017 – the Jan De Nul Group’s Controlled Connection of Floating Pipelines. The manual process of connecting floating pipelines has always been a risky task. Calm water conditions and com
The Asia to Southern Africa market has witnessed a significant growth as spot rates reached their highest in seven years, according to shipping consultancy Drewry. Instead of an earlier expected 13% decline in southbound volumes in the first quarter, Container Trade Statistics (CTS) is now reporting
Dredge projects are tendered around the globe on a daily basis. Consequently, dredging contractors have to make new calculations, involving various production parameters, when preparing their project quotations. Damen has introduced an online dredge job calculator to unburden contractors of this tim
Swiss trading company Gunvor has been nominated as the preferred LNG buyer for offtake from the Ophir Energy-operated Fortuna FLNG project in Equatorial Guinea. The Ministry of Mines and Hydrocarbons, Ophir, OneLNG, a joint venture between Golar LNG and Schlumberger, and La Compania Nacional De Petr
Ophir Energy has informed that Gunvor Group has been nominated as the preferred buyer of LNG for offtake from the Fortuna FLNG project, offshore Equatorial Guinea. According to Ophir, principal commercial terms subject to finalizing a Sale and Purchase Agreement (“SPA”) for the offtake ahead of the
