Africa
African Petroleum Finds Senegal and Gambia Farm-In Partner
African Petroleum said it has signed a non-binding heads of terms and a binding exclusivity agreement with an undisclosed oil and gas company said to have a strong track record in offshore deep-water drilling. The deals provide a framework for the incoming third party to secure a 70 percent operated
African Petroleum looking to farm out West African licenses
Independent oil and gas exploration company African Petroleum (AP) has signed non-binding heads of terms and a binding exclusivity agreement with an unnamed firm described as “well funded, listed oil and gas company with a strong track record in offshore deep-water drilling.” The heads of terms and
Panamanian Tanker Attacked in Gulf of Aden
A Panamanian-flagged oil tanker Alheera was rescued by Chinese Navy from a pirate attack on Saturday, April 15 while underway in the Gulf of Aden. The ship was approached by a skiff with five pirates on board who were trying to board the tanker south off Balhaf, Yemen. As understood, the pirates fir
Drewry: Bigger Ships to Continue Pressuring Freight Rates
Westbound Asia to Mediterranean volumes have been disappointing thus far in 2017, but shipments heading in the opposite direction are surging, according to shipping consultancy Drewry. Similar to the Asia-North Europe trade, the backhaul market is currently on top in the Asia-Mediterranean/North Afr
Oil falls after failed North Korean missile test, U.S. rig count gains
By Aaron Sheldrick TOKYO (Reuters) – Crude oil fell on Monday in quiet trading after the three-day Easter break on signs the United States is continuing to add output, undermining OPEC efforts to support prices, and as the market digested North Korea’s failed missile launch on Sunday. Benchmark Bren
VIDEO: TechnipFMC Sends Umbilicals for Total’s Kaombo
The video shows the load-out of steel tube umbilical at the TechnipFMC Houston facility, bound for Total’s Kaombo project. The Kaombo project is located in Block 32 offshore Angola in water depths up to 2,000 meters. TechnipFMC’s scope of work covered the engineering, procurement and fabrication of
Popular news, April 10 – 16, 2017
Popular news, April 10 – 16, 2017
Top news, April 10 – 16, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from April 10 – 16, 2017.
Extreme conditions analysis tool for WECs gets update
The WEC Design Response Toolbox (WDRT) for extreme response and fatigue modeling and analysis received an update to its environmental characterization model.
Survey: Carriers’ Service Rated as Poor to Average
The service provided by container shipping lines is rated as poor to average and has deteriorated in the past year, according to a survey conducted by Drewry and the European Shippers’ Council (ESC). Several hundred of exporters, importers and freight forwarders from all over the world were contacte
KBR scores Chevron contract
Houston-based LNG engineer KBR has signed a deal with Chevron to provide services for the energy giant in multiple global locations. Under the ten-year master contract, KBR’s engineering offices in various global locations could provide Chevron with engineering and procurement services across all ph
Lloyd’s Register and GOSCO Team Up in Ghana
Lloyd’s Register has formed a joint venture with GOSCO to provide well project management, well engineering and associated site survey, geotechnical and rig inspection services, in the territorial waters of the Republic of Ghana. The aim of the joint venture company, known as ‘Lloyd’s Register Wells