Africa
Equatorial Guinea leaves licensing round open until April
The Ministry of Mines and Hydrocarbons of Equatorial Guinea has extended the official closing date of the EG Ronda Licensing Round to April 28, 2017. The Government of Equatorial Guinea said on Monday that, in response to a wave of new exploration interest, it wants to give companies more time to pa
Oversupply Keeps January Vessel Orders at Record Low
Global ordering activity has fallen to 26-year low in January 2017, shipbuilding data from Maritime & Trade by IHS Markit show. Specifically, demand for bulk carriers and gas carriers has plummeted as there were no booked orders in January. The appetite of shipowners for tankers over 10,000 dwt has
South African Land Reclamation Plans on the Table
Bomo Edith Edna Molewa, the Minister of Water and Environmental Affairs of South Africa, has introduced a white paper which will allow government and private entities to begin the process of reclaiming land from the ocean for development. “The regulations seek to provide an administrative framework
Drewry: Carriers Reluctant to Narrow Supply-Demand Gap
Amid a huge gap between supply and demand in the container shipping industry, carriers seem to be reluctant to fully seize the opportunity to narrow the difference, according to shipping consultacy Drewry. Namely, the shipping companies are not expected to take the advantage and delay gratification
Cheniere’s unit cashes in $800 mln, plans new $1.35 bln offering
US LNG export player Cheniere said its Sabine Pass Liquefaction unit plans to offer US$1.35 billion senior notes due 2028.
Kosmos: Seismic Acquisition Underway Off Mauritania
Kosmos Energy, an oil and gas exploration and production company, informed that the seismic data acquisition is underway over blocks C6 and C12 offshore Mauritania. The seismic survey began in January 2017 and it’s expected to be completed during the first quarter of 2017. Kosmos holds 28% interest
Farstad scores several charter deals. Returns two PSVs from layup
Norway’s Farstad Shipping has secured charter deals for several of its offshore vessels. The company, soon to be part of the Solstad Farstad company after a recent merger deal, said on Monday it had found work for six of its vessels, of which five platform suppliers and one anchor handler. The Far S
Algeria’s Sonatrach in talks to begin offshore drilling – source
By Lamine Chikhi ALGIERS (Reuters) – Algeria’s Sonatrach wants to start offshore oil drilling and has begun discussions with U.S. operators Exxon Mobil Corp <XOM.N> and Anadarko <APC.N> as well as Italy’s Eni <ENI.MI>, a source at the state energy company told Reuters on Sunday. The North African OP
Total sells stakes in Gabon assets to Perenco
French oil company Total has signed an agreement for the sale of stakes and the transfer of operatorship in various mature assets in Gabon to Perenco. According to Total’s statement on Monday, this agreement includes the sale of the group’s 100%-owned affiliate Total Participations Petrolières Gabon
Top news, February 20 – 26, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from February 20 – 26, 2017.
Popular news, Feb 20 – 26, 2017
The most popular articles of the week.
Top news of the week February 20-25
Shell’s first LNG Outlook: LNG demand to grow at twice the rate of gas demand The Hague-based LNG giant Shell on Monday launched its first” LNG Outlook”, an assessment of the global liquefied natural gas (LNG) market. Explosion hits Nigeria LNG pipeline Nigeria LNG, the operator of the 22 mtpa lique