Africa
Infographic: Greatest Ocean Treasures Ever Found
Did you know that a gold bar found off the coast of South Carolina was sold for a record breaking USD 7.5 million? Maybe today’s article on the bountiful seas that hold as many as three million shipwrecks scattered across the ocean floor will give you a better picture of some of the greatest shipwre
TSHD ILEMBE to Arrive in Durban in January
The 5,500m3 trailing suction hopper dredger ILEMBE is now on its way from Royal IHC’s shipyard in Kinderdijk to its home port in Durban. The ILEMBE is going to be the largest dredging vessel of its kind operating in South Africa and will be deployed to work mainly in the international seaports of So
Central Dredging Association’s Webinar in January
The Central Dredging Association’s (CEDA) webinar, entitled “Adaptive Management for Dredging”, is scheduled for January 19, 2016 from 14:00-15:00 hrs CET. The webinar will be presented on behalf of the CEDA Environment Commission by Gerard van by Gerard van Raalte, Chairman of the CEDA Working Grou
FMC Technologies Delivers Another Tree for TEN Project
FMC Technologies has delivered eighth subsea tree for the Tullow Oil-led TEN Project offshore Ghana. FMC Technologies is assembling and testing all subsea trees for the TEN Project at its recently expanded facility in Takoradi. A total of 22 subsea trees will be installed as part of the TEN Project
Kidnapped Polish Crew Released
The kidnapped Polish crew, including the captain of the Cyprus-flagged MV Szafir cargo ship has been released, Polish Foreign Affairs Ministry informed. “We would like to announce that the five Polish sailors who were abducted off the Nigerian coast on 27 November have been released. They are safe a
Ophir inks six Fortuna FLNG deals, reduces project costs
UK-based Ophir Energy Ophir said it has signed heads of agreements for LNG offtake from its Fortuna FLNG project in Equatorial Guinea. The agreements were signed with six counterparties, all of whom are “established LNG buyers in European and Asian markets“, Ophir said in a statement released on Wed
Spotted: Red Eagle Spreads Its Wings
P&O Repasa, a new company formed by the acquisition of the majority of the shares in Spanish towage firm Repasa by P&O Maritime, has taken delivery of Damen’s Fast Crew Supplier 5009 Red Eagle which will be operated from Malabo on Bioko Island, Equatorial Guinea. According to Damen, the Red Eagle wi
BP boosts West Nile Delta stake (Egypt)
UK oil and gas giant BP has expanded its foothold in Egypt by acquiring an additional stake in the West Nile Delta (WND) project from Hamburg-based DEA Deutsche Erdoel AG. BP is the operator of the WND project in which it now owns 82.7% stake. In May 2015, DEA agreed with its joint venture partner i
WODCON XXI Dredging Congress Opens for Registration
Western Dredging Association (WEDA) has begun preparations for the 21st World Dredging Congress and Exposition (WODCON XXI) to be held at the Hyatt Regency Miami from June 13-17, 2016. The WODCON is held once every three years by WODA, the World Organization of Dredging Associations. First formed in
Ophir pens gas offtake deals, lowers cost for Fortuna FLNG
Ophir Energy has signed Heads of Agreements (“HoAs”) for LNG offtake from the Fortuna FLNG project, offshore E. Guinea, with six counterparties. The company on Wednesday said that all the parties involved were “established LNG buyers in European and Asian markets.” Furthermore, Ophir Energy has redu
BP ups stake in West Nile Delta gas development
BP of UK said it has raised its stake in the West Nile Delta (WND) gas development in Egypt to 82.75%, after completing a deal with Hamburg-based DEA. The oil and gas giant bought 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from
Interview: Insufficient Finances Blocking Development of LNG Bunkering
The LNG shipping market has been faced with lower rates amid growing LNG carrier fleet, a drop in liquid fuel prices and a lower demand for LNG in Asian markets. On the other hand, lower shipping rates are good news for sellers and end users of LNG, which is becoming ever more popular as an alternat