Africa
Tullow restarts production from Ghana’s Jubilee field
Oil exploration and production company Tullow Oil has restarted production from the Jubilee field offshore Ghana following issues with a turret on the field’s FPSO, the Kwame Nkrumah. At the end of April the oil company said it was expecting for the off-take and production from the field to resume ‘
Harkand North America and Africa to Relaunch as Ethos Offshore
A team led by AJ Jain, Harkand North America managing director, has agreed to a management buyout (MBO) of Harkand’s North American and African business. The new company, to be named Ethos Offshore Ltd, will continue to provide subsea engineering and construction services to Harkand’s existing US, M
Management buys out Harkand N. America and Africa business. Forms new company Ethos Offshore
Following news of offshore inspection and installation specialist Harkand going into administration, a team led by AJ Jain, Harkand North America Managing Director, has agreed to a management buyout (MBO) of Harkand’s North American and African business. The new company, to be named Ethos Offshore L
International offshore rig count up sequentially, down YOY
Oilfield services provider Baker Hughes reported on Friday that the international offshore rig count in April 2016 was up sequentially, but down year over year. According to Baker Hughes’ report, the international rig count for April 2016 was 946, down 39 from the 985 counted in March 2016, and down
Update: EGAS receives first Rosneft LNG cargo
The Egyptian Natural Gas Holding Company (EGAS) has received its first cargo from Rosneft.
Grounded Bulker Refloated in Suez, Traffic Unaffected
A 182,307 DWT bulk carrier ran aground during its transit of the Suez Canal with the Southbound convoy at about 18:50 hours local time on Thursday, May 5th. The vessel’s position and details correspond to that of 2011-built Panama-flagged Eibhlin, which was last reported to be stopped in the Suez Ca
Militants ‘blow up’ Chevron’s platform in Nigeria
Chevron’s platform in Nigeria’s oil rich Niger Delta was reportedly attacked by militants on Wednesday. Chevron, the operator of the join venture with the Nigerian National Petroleum Corporation (NNPC), told Reuters that its Okan offshore facility in the Western Niger Delta region was breached by un
Oil prices dip as strong dollar outweighs supply disruptions
By Henning Gloystein SINGAPORE (Reuters) – Oil prices dipped on Friday, dragged down by a surging dollar that at least temporarily outweighed supply disruptions in North America, where a massive wildfire was threatening Canada’s huge oil sands operations. The dollar firmed against the euro and yen o
Tanker Thwarts Pirate Attack off Nigeria
The string of attacks in the Gulf of Guinea continues as pirates attempted to board a tanker earlier today while underway some 36 nautical miles south west of Bayelsa coast, Nigeria. Specifically, a group of armed pirates in a speedboat chased and fired upon a tanker underway, the Maritime Trade and
Crewless Ship Washes Ashore in Liberia
A product tanker identified as Tamaya 1 has beached ashore near Robertsport, northern Liberia coast, Liberia Maritime Authority confirmed to World Maritime News. Based on the reports from Liberia Radio, the 1980-built 1,441 DWT ship washed ashore on May 4th without anybody on board. It is not known
IRENA Launches Upgraded Global Atlas for Renewable Energy
The International Renewable Energy Agency (IRENA) has launched a new version of the Global Atlas for Renewable Energy, the online renewable energy mapping platform, which now allows users to download resource data for offline analysis, and to print and export map images. The enhancements include an
MT Marina Arrested under Suspicion of Illegal Bunkering Ops
A tanker identified as MT Marina was arrested due to suspected illegal bunkering activities by the Nigerian Navy personnel on April 28, according to the navy. At the time of the arrest the vessel, which was loaded with 100 metric tons (MT) of illegal refined automotive gas oil, was conducting a rout