Africa
LNGWN poll: shareholders say yes to Shell-BG merger
Shareholders of BG Group and Royal Dutch Shell will approve the multi-billion merger of the two energy giants at meetings scheduled to take place this week, according to two polls conducted by LNG World News.
ITF to Check Seaferers’ Working Conditions in East Asia
Inspectors of the International Transport Workers’ Federation (ITF) have joined forces with dockers’ and seafarers’ union members in a campaign aimed at checking pay and working conditions on board vessels as part of the first East Asian maritime action week of 2016. The action week will be held fro
Report: Oil & Gas industry repeating past mistakes
A majority of senior oil and gas professionals (56%) believe that the industry is repeating the mistakes of previous downturns and have concerns over the loss of jobs and experience and lack of efficiency, according to a new report published today by DNV GL, a technical advisor to the oil and gas in
Ophir brings Schlumberger on board Fortuna FLNG
London-based Ophir Energy revealed on Monday it has partnered up with Schlumberger on the Fortuna FLNG project in Equatorial Guinea.
TEN FPSO en route to Ghana
The Prof. John Evans Atta Mills FPSO, to be deployed at the TEN offshore development in Ghana, has set sail from Singapore to its W. Africa location. The FPSO left Singapore during the weekend. Converted from an oil tanker in Sembcorp Marine’s Singapore yard, the TEN FPSO is 340 metres long and has
Research: Oilfield services sector to see surge in M&A. North Sea to rebound
A desire to capitalise on distressed situations, grow international market share and acquire new technology will drive a surge in M&A activity in the global oilfield services sector during 2016, according to a new research from international law firm Pinsent Masons. The survey of 200 senior executiv
Schlumberger eyes Fortuna FLNG interest
Ophir Energy, an independent oil and gas company, and Schlumberger, the world’s largest oilfield services provider, have entered into a non-binding Heads of Terms Agreement whereby Schlumberger will get a 40% economic interest in the Fortuna FLNG project, offshore Equatorial Guinea. Fortuna sits wit
Readers’ Picks of the Week (18th – 22nd Jan, 2016)
Pirates Attempt to Board RORO Ship in Gulf of Guinea Armed pirates attempted to board a RORO vessel confirmed as MV Silver Sky owned by Dubai-based Sallaum Lines while the ship was on its way in the Gulf of Guinea, some 64 n… Read More Badly Damaged Car Carrier Enters Tyneside Yard for Repairs The [
Popular news, January 18 – 24, 2016
Read the most popular news of the week.
Highlights of the Week (January 18-24)
Dredging Today brings you an overview of the most popular stories from the past week (January 18-24). Maryport’s Harbor Dredging Project Starts Next Month Van Oord, a Dutch dredging company, has won the Maryport’s harbor dredging contract. Chinese Duo Wins Major Port Deal in Algeria Two Chinese
BIMCO: 40m of Dry Bulk Tonnage to Be Scrapped in 2016
Dry bulk shipping capacity of 40 million DWT will be sold for demolition during 2016, making this year the busiest year on record for shipbreaking, according to BIMCO’s forecasts. The prediction comes on the heels of a yet another miserable year start for the industry sector with eroding freight rat
Moody’s slashes oil price estimate for 2016
Moody’s Investors Service has reduced its price estimates for Brent crude and West Texas Intermediate crude amid continued oversupply in the oil markets and the risk of additional supply from Iran. Moody’s has lowered its price estimate in 2016 for both Brent crude oil, the international benchmark,