Africa
New Canal Opening: Heavy Security Measures in Port Said
Heavy security measures have been adopted in Port Said ahead of the opening of the East Port Said Canal, scheduled for Wednesday, February 24, 2016. The canal opening ceremony will be attended by Prime Minister Sherif Ismail, Chairman of the Suez Canal Authority Mohab Mamish and several ministers, g
DW: Offshore marine players need to breakaway from prevalent operating models
The protracted low price environment is pushing the offshore marine supply chain to breaking point. Rig managers, OSV contractors and subsea vessel owners are trading at 60-70% discounts to 2013 highs and every week seems to usher in a new wave of profit warnings, impairments or defaults, Douglas-We
Orca wraps up offshore program on Songo Songo
Orca Exploration Group has announced the completion of its offshore workover and drilling program on the Songo Songo gas field development offshore Tanzania, and the release of the Paragon M826 drilling workover rig. The offshore program of the Songo Songo Main Field development program included wor
Eni to Develop Zohr Gas Field Offshore Egypt
The Egyptian Ministry of Petroleum and Mineral Resources has approved that the Egyptian Natural Gas Holding Company (EGAS) grants Eni the Zohr Development Lease, which allows for the development of the gas field located in the Shorouk Concession, offshore Egypt. The development plan envisages the st
Fugro Scoops Kaombo Deal Off Angola
Fugro is to provide offshore survey and positioning services at the Kaombo oil development offshore Angola. Under a contract awarded by Technip, Fugro will provide offshore deepwater survey and positioning services to a total of seven installation vessels and construction support vessels. Peter Boon
Eni to get licence for giant Egypt gas field
Italy’s Eni said on Sunday it has completed the authorization process for the development of the giant Zohr natural gas field, offshore Egypt. The Egyptian Ministry of Petroleum and Mineral Resources has approved that the Egyptian Natural Gas Holding Company (EGAS) grants Eni the Zohr development le
Egypt to grant Zohr field licence to Eni
The Egyptian Ministry of Petroleum and Mineral Resources has approved that the Egyptian Natural Gas Holding Company (EGAS) grants Eni the Zohr Development Lease, which allows for the development of the gas field, located in the Shorouk Concession, offshore Egypt. The development plan envisages the s
Fugro to take part in Kaombo development offshore Angola
Fugro, a provider of survey services to the international offshore oil and gas industry, will provide offshore survey and positioning services at the Kaombo oil development offshore Angola. Under a contract awarded by Technip, Fugro will provide offshore deepwater survey and positioning services to
Popular news, February 15 – 21, 2016
Read the most popular news of the week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (February 15-21, 2016). VIDEO: Brightlingsea Dredging Scheme Progresses Well Brightlingsea Harbor Authority has just released a video about the Waterside Marina dredging project, which is currently underway. DEM
Chariot concludes 3D survey offshore Namibia
UK-based Chariot Oil & Gas, the oil and gas exploration company focused on the Atlantic margins, has completed its 3D seismic survey in Blocks 2312 & 2412A offshore Namibia. The survey started in January 2016. Chariot’s partners in the project are AziNam, NAMCOR and Ignitus who hold 20%, 10% and 5%
Oil prices set to end week higher on output freeze talk, but stocks build
By Ahmad Ghaddar LONDON (Reuters) – Oil prices fell on Friday but are set for their first weekly increase this month as talk of a coordinated plan by producers to freeze output levels was tempered by a record build in U.S. crude inventories. Brent futures LCOc1 were down 45 cents at $33.83 a barrel