Africa
Strong Q1 Performance for UniSite Group
UniSite Group, a Ningbo based company involved in dredging, land reclamation, offshore projects, marine, mechanical engineering and green remediation projects, has reported very busy start of 2017 business year, taking an active part in a lot of projects all over the world. During this period, the C
Pura Vida still hunting for Nkembe rig
Pura Vida Energy is moving ahead in its efforts to provide funding for the drilling program at the Nkembe block offshore Gabon for which it is still looking for a drilling rig. Pura Vida informed on Tuesday that its funding efforts in relation to the drilling campaign at Nkembe is progressing well,
Lloyd’s Register scoops Armada Olombendo FPSO inspection deal
Lloyd’s Register (LR), a global engineering, technical and business services organization, has won an inspection contract with Bumi Armada for the Armada Olombendo FPSO. The vessel was built by Keppel’s shipyard in Singapore and chartered to the Italian oil company Eni for work on the East Hub Devel
Drewry: Charter Market in Unexpected Revival
The charter market has found a new lease of life in the recent weeks driven in part by carriers’ poor network planning ahead of the new alliances, according to shipping consultancy Drewry. In recent weeks time charter rates for some of the biggest available ships doubled since the start of the year.
BW Offshore becomes majority owner of Dussafu block in Gabon
BW Offshore’s subsidiary BW Energy Gabon Pte. Ltd (BWEG), has completed the acquisition of a 66.67% percent stake in the Dussafu production sharing contract offshore Gabon, owned by Harvest Energia, for $32 million in cash. BWEG is owned by BW Energy Holdings Pte. Ltd. (BWEH), a joint venture compan
Top news, April 3 – 9, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from April 3 – 9, 2017.
Popular news, April 3 – 9, 2017
The most popular articles of the week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (April 3-9, 2017). Kingston Harbor Dredging Project Half Way Done The Kingston Harbor dredging scheme, undertaken by concessionaire Kingston Freeport Terminal Limited (KFTL), is now 50% complete, according to the
International offshore rig count on downward spiral
The international offshore rig count for March 2017 was once again down both sequentially and year over year, Baker Hughes reported on Friday. According to monthly rig count reports by the oilfield services provider, the international offshore rig count for March 2017 was 197, down 3 from the 200 co
BP awards global engineering contract to Amec Foster Wheeler
Amec Foster Wheeler has been awarded a global framework contract by BP to provide engineering, procurement support and project management services for pre-FEED (front end engineering and design) and FEED work across a range of projects. The award will allow Amec Foster Wheeler to deliver large, comp
Out of layup & back to work
The worst is over, the layup list is decreasing. But after the most brutal downturn in memory, what are we left with? Written by Inger-Louise Molver, Offshore Analyst at Westshore AHTS will see the quickest recovery Around a third of the AHTS vessels trading the spot market have disappeared since
Oilfield services jobs picking up after massive cuts, analyst says
Oilfield services industry has laid off some 300.000 people since the collapse of oil prices in 2014, however the tide is now turning, according to a Norwegian energy intelligence group. Rystad Energy has carried out a research according to which service companies within the Shale business are now s