Africa
Senegal power plant inaugurated
A power plant in Senegal, with plans to be converted to run on regasified liquefied natural gas, was inaugurated on Monday, June 13. The new Cap des Biches 53 MW Flexicycle power plant comprises three Wärtsilä 46 internal combustion engines and a combined cycle heat recovery system, the Finnish engi
Drewry: Container Shipping Rates Still Short of Previous Levels
Although container shipping spot rates should be more stable through the rest of the year, presuming carriers have ended their rate war, the average rates in 2016 are expected to be lower than last year, according to shipping consultancy Drewry. In recent weeks there have been some large increases i
Moody’s: Paris Climate Agreement to Boost Wind Turbine Sales
Wind turbine makers are set to benefit from the Paris Climate Agreement (COP21) as the call for increased investments to meet a targeted reduction in CO2 emissions is expected to positively impact their sales figures, according to Moody’s Investors Service. The increased investment, particularly in
DNV GL’s guideline moves to trash excess subsea paperwork
Offshore and maritime classification society DNV GL has launched a guideline which “trashes unnecessary subsea documentation.” According to DNV GL, customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation. The guideline “Technical d
Coming wave of gas puts focus on finding new shores
Energy giants such as Royal Dutch Shell and Total are looking to build terminals and power plants in new markets to soak up the industry’s rapidly burgeoning supply.
IADC Presents ‘Facts About’ Underwater Drilling and Blasting
The International Association of Dredging Contractors (IADC) has just published a new ‘Facts About’ publication on underwater drilling and blasting. ‘Facts About’ is a series of concise, easy-to-read leaflets which give an effective overview of essential facts about specific dredging and maritime co
Amec Foster Wheeler awarded Mozambique job by Sasol
Amec Foster Wheeler said it has been awarded a detailed design and engineering contract by Sasol Petroleum for Phase 1 Tranche 1 of the PSA development for surface facilities at Temane.
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (June 06 – June 12). Det norske has awarded a subsea contract for christmas trees to Aker Solutions for Alvheim field, Det norske’s core area of production. In addition, Subsea 7 has been awarded a con
Top news of the week June 6-11, 2016
Angola LNG loads first cargo after 2014 shutdown The Chevron-led $10 billion Angola LNG project has loaded its first cargo of the chilled fuel since the facility was closed in April 2014, due to a major rupture on a flare line. Shell sets new strategy, updates BG synergies target Hague-based LNG gia
Isabel dos Santos pledges transparency, efficiency at Angolan state oil giant
Angolan state energy giant Sonangol is spinning off non-core investments in areas such as banking and real estate into a separate fund to allow it to focus exclusively on oil, new CEO Isabel dos Santos said on Thursday.
Eni and BP Score Gas Off Egypt
Eni and BP have made a new gas discovery in the Baltim South West exploration prospect, located in the Baltim South license, in the Nile Delta, offshore Egypt. This new discovery, achieved through the Baltim South West 1X well, is placed 12 kilometers from the coast, 25 meters of water depth and 10
Petrofac inks 3-year contract on Bumi’s Angola-bound FPSO
Petrofac has been awarded a three-year contract to provide a condition monitoring program for Bumi Armada’s Olombendo floating, production, storage and offloading (FPSO) bound for offshore Angola. Currently under conversion in Singapore, the FPSO Armada Olombendo will be deployed at Eni’s Block 15/0