Africa
New Terra et Aqua Released
The International Association of Dredging Companies (IADC) has just released the latest issue of Terra et Aqua, their official quarterly publication. The magazine is supported solely by the IADC as a service to the world-wide dredging community and represents IADC’s commitment to the highest standar
Eco Atlantic to Acquire Seismic in Cape Three Points West Block
Eco Atlantic has completed acquisition of an interest in the Deepwater Cape Three Points West Block, located in the Tano Cape Three Points Basin, offshore Ghana. The company is to acquire approximately 1,000 km2 of 3D seismic data for the Block and expects to begin pre-processing and reprocessing im
Nigeria LNG commissions LNG quartet
Bonny Gas Transport (BGT), a unit of Nigeria LNG recently commissioned four new vessels as part of an expansion program aimed at boosting its share of the growing global market.
African Petroleum gives up half of its Sierra Leone licence. Enters next phase
African Petroleum, an independent oil and gas exploration company, has announced that its subsidiary European Hydrocarbons Limited (EHL) has entered into the first extension period on the SL-03 licence, offshore Sierra Leone. The expiry date of the first extension period is April 23, 2017. The initi
Portugal awaits Nigerian LNG cargo
REN’s Sines LNG terminal in Portugal is expected to receive a cargo from Nigeria next week.
Gener8 Has the Greenest Fleet Delivering in 2016
As the public pressure mounts on reducing CO2 footprint across the board, the ship owners are investing heavily in greening up the global fleet. This is evident when taking a look at the fleet of ships being delivered next year, as over half of newbuilds, excluding small dry ships, feature eco engin
Lekoil buys Afren’s stake in block offshore Nigeria
Oil and gas company Lekoil has agreed to buy Afren’s stake in a licence offshore Nigeria. According to the agreement, Lekoil will buy Afren’s 22.86% stake in the OPL 310 block, which contains the Ogo discovery. Lekoil will pay $13 million for the transaction. Since Lekoil already owns a share in the
Kidnapped Polish Sailors “Safe and Sound”
The five kidnapped sailors of the Polish cargo ship Szafir have contacted their families and are reported to be “safe and sound”, the Polish Foreign Affairs Ministry said in an update. “Today, the kidnapped sailors have contacted their families in Poland by phone and said they were safe and sound. T
Report: Hijackers of Iranian Fishing Boat Killed
Several Somali pirates were killed in an armed clash with security forces off the coast of Somalia on Sunday, according to AFP. The gun battle at Hararhere, Mudug region, resulted in the freeing of a seized fishing boat which is believed to be the Iranian boat hijacked on November 23 with 15 crew me
Gazprom inks deal to buy gas from Cameroon FLNG project
Gazprom’s subsidiary, Gazprom Marketing & Trading Singapore Pte Ltd (GM&TS), has signed an agreement according to which it will be a sole off-taker from the floating liquefied natural gas (FLNG) project, located off the coast of Kribi, Cameroon. Gazprom inked the eight-year agreement with Société Na
Top 10 cyber security threats for oil and gas industry
With the exploitation of new cost-effective operational concepts, use of digital technologies and increased dependence on cyber structures, the oil and gas industry is exposed to new sets of vulnerabilities and threats, DNV GL writes in an article identifying the biggest cyber security threats to th
Update: Gazprom M&T books full capacity at Cameroon FLNG project
Gazprom Marketing & Trading Singapore signed an eight-year deal with Société Nationale des Hydrocarbures, Perenco and Golar LNG to offtake 1.2 mtpa from the Cameroon FLNG project.