Africa
BMT to work on LNG power project in Côte d’Ivoire
BMT Asia Pacific, a unit of the UK-based engineer BMT Group, on Thursday said it has been appointed owners engineer and lead design consultant by Endeavor Energy to develop LNG import infrastructure in Côte d’Ivoire.
Interview: Kidnappings for Ransom Easy and Less Risky
In 2016, piracy has yet again emerged as one of the key problems seafarers face during their voyages at sea. A particular concern is the ever growing number of kidnappings for ransom against merchant vessels, which has significantly increased in areas off the Niger Delta, with at least 16 of the kid
Eni increases production in Nooros field off Egypt
Eni, an Italian multinational oil and gas company, has reached 65,000 barrels of oil equivalent per day production from its Nooros field in Egypt, ten months after discovery. The company stated on Wednesday that its Nidoco North 1X and the Nidoco North West 4 development wells brought the level of p
Drewry: 2016 to Be Weakest Box Production Year since 2009 as Prices Hit New Lows
2016 could prove to be the weakest year for box production since the collapse of 2009, with equipment increasingly in surplus and the prices decreasing, according to the global shipping consultancy Drewry. Prices for new dry freight containers declined to their lowest point since 2002 during the fir
APM Terminals Readies for Container Weighing
The Netherlands-based APM Terminals is planning to provide container weighing services at 29 locations globally to enable compliance with the upcoming SOLAS verified gross mass (VGM) regulations, effective 1 July 2016. Namely, the new container weighing regulation prescribes that all packed shipping
Repsol Calls Polarcus for Morocco Shoot
Seismic player Polarcus has received a letter of intent (LOI) from Repsol for a broadband 3D survey offshore Morocco. According to the Oslo-listed company the survey is scheduled to start in Q3 2016. Polarcus did not reveal how long the project would run, nor the vessel which should be assigned for
Emas Offshore bags several charter deals
Singapore’s offshore vessel supplier Emas Offshore has informed that it has secured several new contracts worth up to $32 million in total. Emas said these new charters will see its Anchor Handling Tug, Anchor Handling Tug and Supply and Platform Supply vessels supporting National Oil companies (“NO
Kosmos Energy hits more gas off Senegal
Kosmos Energy on Monday said its Teranga-1 exploration well offshore Senegal encountered 31 meters (102 feet) of net gas pay, underpinning the potential for the development of an LNG project.
Polarcus, Repsol in Morocco seismic deal
Seismic company Polarcus is getting ready to deploy a seismic vessel in Morocco. The company on Wednesday said it received a Letter of Intent from the Spanish oil company Repsol for the job. Under the agreement, Polarcus will carry out a broadband 3D survey offshore Morocco, starting in the third qu
Dutch Minister Launches International Delta Coalition
Melanie Schultz van Haegen, Dutch Minister of Infrastructure and the Environment, officially kicked off the International Delta Coalition today. The governments of the Netherlands, Bangladesh, Colombia, Egypt, France, Myanmar, Indonesia, Japan, Mozambique, the Philippines, South Korea and Vietnam ar
Report: Shell evacuates workers in Nigeria after security threat
Oil giant Shell has reportedly evacuated workers from some of its facilities in Nigeria following a security threat. According to Nigerian newspaper Vanguard, the company during the weekend airlifted most of the workers from its Eja OML 79 offshore platform, and some of its workers from the nearby B
Drewry: Q1 Ordering Slump Good for Tanker Market, But Will It Last?
Newbuilding orders of tanker ships have seen a sharp reduction, but the slowing trend needs to be sustained for the longer-term health of the market, global shipping consultancy Drewry said in its Tanker Forecaster. After numerous orders in recent years, newbuilding activity in the tanker market dec