Africa
APM Terminals Invests in New Terminal in Morocco
Maersk’s APM Terminals has been named as the operator of a new container transshipment terminal at the Tangier Med 2 port complex, situated in Morocco, on Africa’s northwest coast near the mouth of the Mediterranean Sea on the Strait of Gibraltar. APM Terminals already operates the APM Terminals Tan
APM Makes New Port Investment in Morocco
APM Terminals has been named as the operator of a new container transshipment terminal at the Tanger Med 2 port complex. The new terminal will have annual capacity of five million TEUs. Total investment in the new terminal is expected to be EUR 758 million. The new terminal is scheduled to open in 2
Shell probed over alleged corruption in Nigerian offshore block sale
Royal Dutch Shell, one of the world’s largest oil companies, has been put under investigation by Dutch and Italian authorities over an alleged corruption related to an acquisition of an oil block in Nigeria in 2011. Global Witness, an international NGO investigating corruption in the energy sector,
Infographic: Half of Capesize Deliveries Pushed Back
As the pains of the dry bulk market protract into this year as well owners feel propelled to delay deliveries of their fleet additions as they struggle to find decent rates for the existing fleet units. This is particularly hurting Capesize owners who have pushed half of their Capesize newbuildings
Kidnapped Tanker Crew Liberated
The four crew members of a chemical tanker that were kidnapped off Nigeria on March 5 have been released and are reported to be in good health, the Hellenic Coast Guard said. The undisclosed owner of the chemical tanker, which has also remained unnamed, told the coast guard that the crew, including
Nominations Open for IADC Safety Award
The International Association of Dredging Companies has just announced that the nominations for the IADC Safety Award are now open. The IADC Safety Award is intended to encourage the development of safety skills on the job and to reward people and companies demonstrating diligence in safety awarenes
Bakker Sliedrecht Works on the World’s Largest Cutter Suction Dredger
Bakker Sliedrecht – designer and producer of electric machines and equipment – is now part of the mega-project to build the world’s largest cutter suction dredger for Jan De Nul Group. The company has been involved in this project from the very beginning, brainstorming with Jan De Nul about the elec
Eni farms into Chariot’s Morocco permits
Chariot Oil & Gas, the Atlantic margins focused oil and gas exploration company, has signed a farm-out agreement with Eni which will acquire operatorship, and a 40% equity interest in the Rabat Deep Offshore exploration permits I-VI, offshore Morocco, in return for a capped carry on drilling the JP-
Erin Energy Hires Island Constructor for Oyo Work
Erin Energy has mobilized the Island Constructor light well intervention (LWI) vessel to the Oyo field, offshore Nigeria. The vessel will be used for LWI service on the Oyo-8 well, which has been necessitated by the failure of the well’s sub-surface controlled sub-surface safety valve (SCSSV) to ope
‘Island Constructor’ en route to intervene at Oyo field
Erin Energy has announced that the Island Constructor light well intervention (LWI) vessel has departed Skalevic, Norway and is en route to the Oyo field, offshore Nigeria. Erin Energy explained that the vessel would be used for LWI service on the Oyo-8 well, which has been necessitated by the failu
MX Oil’s Aje stake sale suffers setback
MX Oil, an oil and gas exploration company, has informed that the sale of its 5% non-operated interest in the Aje Field, offshore Nigeria, has been delayed as the buyer is still gathering funds for the acquisition. MX Oil agreed to sell its interest in the OML 113 licence offshore Nigeria, which inc
Ghana awards more offshore acreage to Eni, Vitol
A consortium comprising GNPC, Explorco, Vitol, Eni and Woodfields, has been awarded a new exploration licence, Cape Three Points Block 4, located in the Tano Basin, offshore Ghana. GNPC, Vitol and Eni are already developing the Sankofa and Gye Nyame fields to provide gas for Ghana’s thermal power se