Swiss Mediterranean Shipping Company (MSC) has reached an agreement with the Somali government on the release of MSC Alice, the company told World Maritime News. The ship was detained by the Somali authorities after the ship reportedly severed an underwater fibre-cable causing Internet blackout for
Hyperdynamics Corporation, soon to spud its 650 mboe Fatala prospect in Guinea, has reminded owners of its of its common stock to submit their vote on a company proposal that would authorize its board of directors at its discretion to implement a reverse stock split. The company is working to get th
Norwegian offshore shipowner GC Rieber Shipping has secured a four-month charter extension for its Polar Onyx SURF vessel. GC Rieber won the initial contract for the vessel in early March. At the time, the company said that the charter would see the vessel continue operating in West Africa. The init
Norwegian offshore vessels provider GC Rieber Shipping said it has agreed an extension of the firm period, securing the Polar Onyx commitment until the end of August 2017. The vessel is operating in West Africa under a four-month time charter agreement signed in March this year, which included a two
The Nigerian Navy has foiled an attempted hijacking of a merchant vessel some 16 nautical miles off the coast of Bonny, Nigeria. Six persons in a skiff boarded a general cargo ship underway in the early morning hours on July 13, according to the IMB Piracy Reporting Centre. IMB added that the alarm
MODEC said its unit, SOFEC has been awarded the turret mooring system supply contract for the Eni-led Coral South FLNG project by the joint venture consisting of TechnipFMC and JGC Corporation.
Sofec, a Modec Group company, has been awarded the turret mooring system supply contract for the Coral South Project by the joint venture consisting of TechnipFMC and JGC Corporation. This is for the engineering, procurement and construction (EPC) of internal turret mooring system for the Coral Sout
Panoro Energy a partner in the Dussafu oilfields, offshore Gabon, has approved the operator’s proposed work program and budget to move forward “at full speed” with the development of the fields. According to Panoro, the operator BW Energy Gabon plans to develop the project via two initial horizontal
Sofec, a Modec group company, has been awarded the turret mooring system supply contract for the Coral South Project by the joint venture consisting of TechnipFMC and JGC Corporation. Italy’s Eni, as the operator, sanctioned the Coral South floating LNG (FLNG) project offshore Mozambique at the begi
Hyperdynamics and its partner South Atlantic Petroleum will be given two years for appraisal work in the event of an oil discovery in the Fatala-1 well, offshore Guinea. Hyperdynamics said that the letter granting the assurance for the two-year appraisal period was signed by the Director of ONAP (Gu
Very large gas carriers (VLGC) have seen their earnings dwindle 42 percent below trend, as the tanker market moved into negative territory in the first half of this year, Clarksons Research reported in a half-year review. “The larger ships are feeling the biggest correction as fleet growth, particul
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