Africa
Chevron cancels rig deal with Maersk Drilling
Offshore driller Maersk Drilling has received a notice of early contract termination from Cabinda Gulf Oil Company Limited (CABGOC), Chevron Corporation’s affiliate in Angola, for the ultra-deepwater semi-submersible rig Mærsk Deliverer. Mærsk Deliverer has been on contract with CABGOC since May 201
No oil found in Dana’s Cameroon well
Dana Petroleum, an oil and gas exploration and production company, has completed drilling operations on the Manatee-1 exploration well in the Bakassi West block in Cameroon. The well is operated by Dana Petroleum with 55% interest, and SDX Energy, an exploration and production company with assets in
Weapons Shipment Heading for Somalia Seized
A large weapons cache was seized aboard a dhow in the Northern Indian Ocean by the French naval personnel, according to the Combined Maritime Forces (CMF). The illegal cargo was being shipped to Somalia when it was spotted by the navy’s helicopter during a routine maritime security and counter terro
Nigerian LNG cargo heading for Portugal
Portugal is scheduled to receive a cargo of liquefied natural gas shipped from Nigeria at REN’s Sines LNG terminal.
Five Crewmembers Taken by Pirates off Nigeria
Five crew members have been kidnapped from a 6,436 dwt tanker after pirates attacked the vessel offshore Niger Delta, Nigeria on March 26, according to the UK-based security broker agency Asket. At least eight pirates boarded the chemical tanker MT Sampitiki after midnight and remained onboard the v
Exxon Mobil in talks to buy into Eni’s giant Mozambique gas field -sources
MILAN/LONDON (Reuters) – Exxon Mobil is in talks to buy a stake of around 15 percent in Italian oil major Eni’s giant Area 4 gas field in Mozambique, two sources familiar with the matter said. Exxon is seen as a front-runner to buy into Eni’s gas development and this would be the U.S. firm’s first [
EGAS books two April cargoes
The Egyptian Natural Gas Holding Company (EGAS) has reportedly managed to secure the two LNG cargoes for delivery in Aril despite initial difficulties.
Exxon Mobil in talks to buy into Eni’s giant Mozambique gas field -sources
MILAN/LONDON (Reuters) – Exxon Mobil is in talks to buy a stake of around 15 percent in Italian oil major Eni’s giant Area 4 gas field in Mozambique, two sources familiar with the matter said. Exxon is seen as a front-runner to buy into Eni’s gas development and this would be the U.S. firm’s first [
Popular news, March 21 – 27, 2016
Read the most popular news of the week.
Top news of the week March 21-26, 2016
Woodside shelves multi-billion Browse FLNG project Australian LNG player Woodside and its partners have decided not to move ahead with the multi-billion Browse FLNG project at this time due to the current economic and market environment. Veresen agrees first Jordan Cove LNG deal with Jera Veresen sa
Fitch: Oil & gas firms made 33 pct of 2015 downgrades
Energy (oil & gas) and natural resource companies made up 33% of downgrades, excluding sovereign related, during 2015, according to Fitch Ratings. Persistently weak oil prices have continued to lead to capex reductions or delays and have been a primary driver for weakened investment and sub-investme
Kidnapped BOURBON Crew Freed
French offshore vessel contractor BOURBON announced earlier today that the two crew members abducted on board the Bourbon Liberty 251 off the coast of Nigeria on February 23 have been released. The two crew members were on board the BOURBON-owned anchor handling and tug supply vessel (AHTS), the Bou