Africa
Eni and Nigeria strengthen energy ties
The Minister of Petroleum Resources and the chairman of the Nigerian National Petroleum Corporation (NNPC), Emmanuel Ibe Kachikwu, and Eni CEO, Claudio Descalzi, have signed a MoU to further strengthen the longstanding partnership in Nigeria. NNPC and Eni, through its subsidiaries Nigerian Agip Oil
Poten & Partners: Large Tanker Orderbook Not as Scary as It Looks
Based on the delivery schedule of the current orderbook, deliveries of new tankers in 2017 will reach the highest level since 2009, however, Poten & Partners argues that the orderbook may not be as scary as it looks. While, it is difficult to see how the market can absorb such a large orderbook with
Seabed Geosolutions scores OBN contract off West Africa
Seabed Geosolutions, a joint venture between Fugro and CGG, has secured a 4D baseline ocean bottom node (OBN) project offshore West Africa. The company said last Friday that the contract would last for with six weeks and that the crew is currently in the mobilization phase of the project. According
Equatorial Guinea offers to join OPEC in 2017
Equatorial Guinea has submitted its offer to become the 14th member of the Organization of Petroleum Exporting Countries (OPEC) in 2017. Equatorial Guinea Ministry of Mines and Hydrocarbons said on Monday that Minister Gabriel Mbaga Obiang traveled to Vienna on January 20 to meet with OPEC officials
Clarksons: Contracting Activity Drops to 30-Year Low
The previous year was very weak for newbuild ordering as contracting activity fell to its lowest level in over 30 years in numerical and tonnage terms, according to Clarkson Research. Low levels of newbuild demand have continued to limit ordering across the majority of vessel sectors, and the majori
BW Offshore agrees short-term extension for FPSO Abo as talks go on
Norway’s BW Offshore has signed an interim extension agreement for the Abo FPSO with a subsidiary of Eni, Nigerian Agip Exploration, until March 31, 2017. BW said on Monday that the short-term extension was agreed to secure operational continuity while joint work is continuing to conclude the negoti
BW Offshore Gets Another Abo FPSO Extension
BW Offshore has signed an interim extension agreement for floating production storage and offloading (FPSO) Abo with Nigerian Agip Exploration, a subsidiary of Eni. The agreement was extended until March 31, 2017. According to BW Offshore, the short term extension has been agreed to secure operation
Cairn kicks off appraisal campaign offshore Senegal
Cairn Energy started drilling the SNE-5 appraisal well, offshore Senegal, the first of two firm wells planed to further evaluate the SNE oilfield, on Saturday, January 21. Cairn recently said the 2017 drilling program off Senegal includes two new, firm wells. Cairn’s partners in three blocks offshor
Eni enhances energy cooperation with NNPC
Eni, the holder of a 10.4 percent stake in the Nigeria LNG project is looking to strengthen its partnership in the African country.
Popular news, January 16 – 22, 2017
The most popular articles of the week, January 16 – 22, 2017
Readers’ Picks of the Week (January 16 – 20, 2017)
Readers’ Picks of the Week (January 16 – 20, 2017)
Top news, January 16 – 22, 2017
Tidal Energy Today has compiled the top news from tidal and wave energy industry from January 16 – 22, 2017.