Africa
Hyperdynamics hires Pacific drillship for Guinea campaign
Independent oil & gas exploration company Hyperdynamics Corporation has signed a letter of award with drilling contractor Pacific Drilling to engage the Pacific Bora drillship. The rig will be used for a drilling campaign offshore the Republic of Guinea in the second quarter of 2017. The letter of a
BIMCO: Dry Bulk Market Still in Terrible Condition
Despite better demand side conditions on the “road to recovery” for the dry bulk shipping industry, the supply side is worse off, according to international shipping association BIMCO. As ship owners’ interest in demolition has cooled, the supply side is worse off today than earlier estimates projec
IRENA: Offshore Wind Could Reach 100GW Capacity by 2030
Offshore wind power has the potential to grow from 13 gigawatts (GW) in 2015, to 100GW in 2030, driven by technology advancements and further cost declines, according to new analysis from the International Renewable Energy Agency (IRENA). ‘Innovation Outlook: Offshore Wind’, launched at the World Wi
IRENA: Offshore Wind Could Reach 100GW Capacity by 2030
Offshore wind power has the potential to grow from 13 gigawatts (GW) in 2015, to 100GW in 2030, driven by technology advancements and further cost declines, according to new analysis from the International Renewable Energy Agency (IRENA). ‘Innovation Outlook: Offshore Wind’, launched at the World Wi
ConocoPhillips advances deepwater exploration exit with Senegal assets sale completion
ConocoPhillips has completed a transaction for the sale of its shares in ConocoPhillips Senegal BV, which holds a 35 percent interest in three exploration blocks offshore Senegal, to Australia’s Woodside Petroleum. ConocoPhillips said on Friday that the total sales price of the transaction between i
Popular news, October 24 – 30, 2016
The most popular news of the week.
IMO Sets 2020 Date for 0.5% Global Sulphur Cap
The implementation date for the 0.5% global sulphur cap is set for 2020, the International Maritime Organization (IMO) Marine Environment Protection Committee decided at its 70th session in London this week. In 2008, the IMO unanimously adopted the global sulphur cap requiring all ships to use fuels
TGS to Beef Up Seismic Data Library in MSGBC Basin
TGS said it plans to expand its North-West African Atlantic Margin (NWAAM) multi-client library in the MSGBC Basin with acquisition of more than 11,500 km of long-offset broadband 2D seismic data as well as magnetic and gravity data, in the Republic of Guinea, Guinea Bissau and the AGC joint explora
Oceaneering gets more work with BP off Angola
Subsea engineering company Oceaneering has informed that a unit of BP has agreed to a two-year extension through January 2019 under the field support vessel services contract that was entered into with the company for work offshore Angola on Blocks 18 and 31. Under this contract term extension, the
OEEC 2016 – Great Success
With 667 exhibitors, 25.000m² floor space and visitors representing 99 nationalities, Offshore Energy Exhibition & Conference 2016 (OEEC) was not only a great success, the event also grew compared to last year. A great achievement in the current offshore energy market. 11.989 people came to Amsterda
Oceaneering Wins BP Extension in Angola
Oceaneering and BP have agreed a two-year extension through January 2019 under the field support vessel services contract that was entered into for work offshore Angola on blocks 18 and 31. Under this contract term extension, the Ocean Intervention III will remain chartered through April 2017, with
TGS to expand African multi-client library with new 2D seismic survey
TGS, a provider of multi-client geoscience data to oil and gas companies, has decided to expand its multi-client library offshore Africa by an additional 11,500 kilometers of long offset broadband 2D seismic data in cooperation with PGS and GeoPartners. Namely, the expansion regards the Northwest Af