Africa
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 29 – March 06). Oil services company Subsea 7 has recorded a loss at the end of fourth quarter on high impairments and lower fleet activity. In the fourth quarter 2015, the Oslo-listed firm b
Top news of the week Feb. 29-Mar. 5, 2016
Ann Pickard joins Woodside Australian LNG player Woodside informed on Monday it has appointed Ann Pickard as a non-executive director. Anadarko slashes 2016 capex, expects “minimal” investment in Mozambique LNG Woodlands-based Anadarko on Friday said it will slash its 2016 spending by almost 50 perc
SeaIntel: Skipping Suez Would Save Money to Carriers
Circumventing the Suez Canal on Asia-USEC and Asia-North Europe services may save carriers on average USD 235,000 per voyage as they would not need to pay the canal fee. However, opting to sail south of Africa instead of through the Suez and Panama Canals adds more days to the overall voyage. In its
Nigeria says producers to meet in Moscow, sees dramatic impact
Some members of OPEC plan to meet other oil producers in Russia around March 20 for new talks on an oil output freeze, Nigeria’s petroleum minister said on Thursday, forecasting the meeting would spark a dramatic reaction in crude prices.
Eni’s Clean Sea to Survey Mediterranean and West Africa
Clean Sea, proprietary technology designed by Eni’s research laboratories, will be used for the first time for marine environmental monitoring and offshore asset inspection in the Mediterranean region and West Africa. Clean Sea is the result of one of Eni’s most recent R&D projects, focusing on envi
DNV GL Adds Scrubber Ready Class Notation
Norwegian-based ship classification society DNV GL has developed a new class notation aimed at helping shipowners to prepare newbuildings for the installation of a scrubber. As DNV GL claims, Scrubber Ready standard ensures that the necessary preparations are in place for a smooth and cost-efficient
PPPFM and Vitol Team Up on Bunkering Operation in Nigeria
Nigerian-based PPP Fluid Mechanics Limited (PPPFM) and Vitol Group from the Netherlands have jointly launched a new bunkering operation in Nigerian waters backed by the Secure Anchorage Area (SAA) West Africa. PPPFM has entered the agreement with Vitol, which is fully licensed by Nigerian Department
Micoperi scores Tema LNG EPC deal
Italian offshore contractor, Micoperi aid on Friday it has been selected as the engineering, procurement and construction (EPC) contractor for Tema LNG project in Ghana.
Nigeria LNG names new tanker
Nigeria LNG recently named a liquefied natural gas carrier built by Samsung Heavy Industries for its shipping unit, Bonny Gas Transport.
Nigerian LNG heading for UK, first in 18 months
Nigerian LNG facility on Bonny Island has shipped its first cargo to the UK’s South Hook terminal in 18 months.
Construction Starts at Damerjog LNG Terminal in Djibouti
The construction of the Damerjog liquefied natural gas (LNG) terminal in Djibouti officially started today with a groundbreaking ceremony held at the site, the Djibouti Ports & Free Zones Authority informed. According to the operator and developer of the new terminal China’s POLY-GCL Petroleum Group
TEN FPSO arrives in Ghana
The floating production, storage and offloading (FPSO) vessel, Prof. John Evans Atta Mills, has reached Ghana following a journey from Singapore. The FPSO, which departed from Singapore on January 23, will be deployed at the Tullow-operated Tweneboa-Enyenra-Ntomme (TEN) offshore oil fields. Converte