Africa
Shipowners Urge IMO to Set Timeline for Reducing GHG Emissions
The world’s national shipowner associations represented by the International Chamber of Shipping (ICS) have urged the International Maritime Organization (IMO) to develop a timeline for the further reduction of the shipping sector’s Green House Gas (GHG) emissions as a response to the Paris Agreemen
Total-led consortium to build LNG terminal in Ivory Coast
Ivory Coast on Tuesday signed a contract to set up a consortium led by Total in order to build an FSRU-based LNG import terminal to cover the demand for electricity generation.
Oceaneering Extends AUV Operations to West Africa
Oceaneering Internationa is expanding its presence for autonomous underwater vehicle (AUV) survey services to the West African region. Oceaneering currently serves the U.S Gulf of Mexico with a fleet of commercial AUVs, designed for survey operations in water depths reaching 4,500 meters. The compan
Eni signs major gas sales deal as Coral FLNG sanction looms
Italian oil giant, or in this case gas giant, Eni, has made a major step ahead of the expected final investment decision for the development of the giant Coral gas field offshore Mozambique. Namely, Eni and its partners in the Area 4 concession have managed to find a major customer for the gas to be
Subsea in September
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The most attention from our industry readers was reserved for the recently launched company, Rovco. The Bristol-based firm, focused on underwater integrity, remot
Mozambique, Eni ink LNG supply deal with BP
Italy’s Eni and Mozambique have signed a 20-year deal with UK-based BP for the supply of liquefied natural gas from the Coral FLNG project, moving the project further forward.
IADC Annual Report Available
The International Association of Dredging Companies (IADC) has just published their “Annual Report”, in which they present an overview of the state of affairs of the IADC and its activities in 2015. The report highlights various projects that the Association has undertaken for the year. Highlights o
Paris Agreement Cleared for Takeoff after EU Approves Ratification
The European Parliament has approved the ratification of the Paris Agreement by the European Union. With the approval by the European Parliament, the European Council can now formally adopt the Decision. In parallel the EU Member States will ratify the Paris Agreement individually, in accordance wit
Algerian LNG cargo bound for Portugal
REN’s Sines LNG import terminal on Portugal’s Atlantic coast in the industrial area of Sines port is scheduled to receive a cargo from Algeria next week.
Clarksons: Vessel Ordering Takes a Nosedive in Q3
Overall contracting of new vessels plunged in the three-month period from July to September to a mere 88 units, according to data provided by Clarkson Research. When compared to the same period in 2015, the orders dropped by some 81 percent from 481 vessel orders. Due to an oversupply in the shippin
Kongsberg Equipment Package for New Angolan Research Vessel
Kongsberg Maritime has been awarded a contract by Damen to provide a diverse, integrated technology solution for a new 74-metre fishery research vessel (FRV), which will be built at Damen Shipyards Galati, Romania. The vessel is planned to be delivered to the owner, the Angolan Ministry of Fisheries
Tullow declares Force Majeure on Seadrill rig contract
Offshore drilling contractor Seadrill Partners has received a notice of Force Majeure from Tullow for the West Leo rig contract. According to the driller, Tullow sent the notice effective October 3, 2016, claiming the field the rig has been hired for, is subject to a drilling moratorium by the gover