Africa
LATC Marine denies reports of pirate attack offshore Nigeria
Following reports on Wednesday that an offshore vessel had been attacked offshore Nigeria ,the vessel owner denies any such thing happened. To remind, Asket.co.uk on Wednesday reported that the MV Chilosco vessel had reportedly been attacked some 31 nautical miles south of Brass, Nigeria on Tuesday,
Report: Offshore vessel attacked offshore Nigeria
An offshore vessel has reportedly been attacked in the Gulf of Guinea, offshore Nigeria. According to Asket.co.uk, the MV Chilosco vessel was reportedly attacked some 31 nautical miles south of Brass, Nigeria on Tuesday, December 13. Offshore Energy Today is working to verify this info, and will pro
Eni’s FPSO Armada Olombendo reaches final destination off Angola
Eni’s floating production storage and offloading (FPSO) vessel Armada Olombendo has arrived at its final destination on Block 15/06 offshore Angola. The vessel was built by Keppel’s shipyard in Singapore for the Malaysian FPSO operator Bumi Armada, and chartered to the Italian oil company Eni. Eni n
UK’s oil & gas inspection firm wins seven new contracts
Inspection Verification Bureau (IVB), a Great Yarmouth-based oil and gas verification and inspection company, has won new overseas contracts worth more than $7 million. IVB said on Monday that the seven new contracts are for work in The Netherlands, Egypt, and the Middle East. Namely, the contracts
IADC Dredging in Figures 2015 Available
The International Association of Dredging Companies (IADC) has just released its Dredging in Figures 2015, an annual review of the global dredging market. The edition focuses on the global dredging industry in 2015 and IADC aims to be thorough and precise in the figures presented in this document. T
Drewry: Going ‘Strategic’ with 2M Best HMM Could Have Hoped For
Entering into ”a strategic cooperation” with Maersk Line and the Mediterranean Shipping Company (MSC) via their 2M vessel sharing alliance and not becoming a fully fledged member is the best Hyundai Merchant Marine could have hoped for given what ”a traumatic year” this has been for the South Korean
Rosneft Buys Stake in Eni’s Zohr Field Off Egypt
Eni has agreed to sell to Rosneft a 30% participating interest in the Shourouk Concession, offshore Egypt, where the supergiant Zohr gas field is located. Eni, through its subsidiary IEOC, currently holds a 90% stake in the block following the recent dilution of 10% to BP which completion is ongoing
Rosneft buys into Eni’s giant gas discovery (Egypt)
Italian oil and gas company Eni is trimming its stake in the giant Zohr discovery, offshore Egypt. Namely, the company will sell a 30 percent stake in the Shourouk Concession, containing the Zohr, to Rosneft. The sale, announced on Monday, follows a recent divestment of a ten percent stake in the li
Non-OPEC nations agree to cut oil output
Following the recent agreement by OPEC members to cut production to stabilize oil prices, the cartel on Saturday held a meeting with a number of non-OPEC nations which have committed to cut their output as well. Oil price on Monday rose to highest level since mid-2015. Ministers from OPEC met with s
Clarksons Research: Car Carrier Sector Braces For a Bumpy Road Ahead
The car carrier sector has seen an increase in scrapping and almost no new orders in 2016 as vessel owners are trying to combat a decline in global seaborne car trade, according to Clarksons Research. Given the strong link between economic growth, consumer demand and car sales, the car carrier secto
Eni in another Shorouk concession stake sale
Italian oil and gas company Eni on Monday informed it has agreed to sell to Rosneft a 30 percent participating interest in the Shourouk Concession, offshore Egypt, where the gas field Zohr is located.
Popular news, December 5 – 11, 2016
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