Africa
Golar strikes Ghana FSRU deal with WAGL
Golar LNG has signed a contract with West African Gas to charter an FSRU to be used as LNG import terminal in Ghana.
Eni, Sonangol strengthen gas cooperation
The Chairman of Sonangol, Francisco de Lemos Maria, today met Eni’s CEO, Claudio Descalzi, in Rome.
Moody’s: Steady Winds Ahead for Global Shipping Industry
The outlook for the global shipping industry is stable, according to Moody’s Japan K.K., reflecting expectations for low single-digit percentage aggregate year-over-year EBITDA growth for its rated shipping companies during the coming 12-18 months. “This growth rate is lower than the mid-to-high sin
Subsea in October
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The month of October marked announcements from some of the major subsea players including Subsea 7, Technip and Saipem. The trio managed to secure new contracts i
ICTSI’s Revenue Takes a Hit in 3Q
Manila-headquartered container terminal operator International Container Terminal Services, Inc. (ICTSI) managed to improve its revenue from port operations in the first nine months of 2015 by 2% compared to the same period a year earlier, despite an 11% revenue dip in the third quarter ended Septem
Green light for Sirius to drill first appraisal well on Ororo (Nigeria)
Sirius Petroleum has received approval to drill the proposed Ororo-2A well on the Ororo Field, offshore Nigeria, from the Department of Petroleum Resources (DPR) in Nigeria. The approval was received by Guarantee Petroleum, one of Sirius’ local partners in the Ororo Field. The Ororo-2A well is Siriu
IMB: Piracy Crackdown in Southeast Asia Bears Fruit
A piracy crackdown in Southeast Asia appears to be having a positive impact on the number of piracy attacks in the region with only two hijackings reported in the third quarter of the year, according to the latest piracy report issued by International Maritime Bureau’s Piracy Reporting Centre (IMB P
APL Boxship Hits Gantry Crane at Port Said, No Injuries
A Singapore-flagged containership owned by APL struck a ship-to-shore gentry crane while berthing in Egypt’s Port of Said last week. The incident has been confirmed to World Maritime News by an APL Spokesperson, saying that “on 27 October 2015 at 1642 hours local time, APL Temasek came into contact
Chevron Brings Lianzi Field Online
Chevron’s subsidiary, Chevron Overseas (Congo) Limited, has started oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola. Located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters) of water, Lianzi
Chevron sees first Lianzi oil
Chevron Corporation has started oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola. Located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters) of water, Lianzi is Chevron’s first operated asset i
Kosmos boosts 3Q profit
Kosmos Energy, an oil & gas exploration and production company, has posted a net income of $60.3 million for the third quarter of 2015, as compared to net income of $19.1 million, in the same quarter last year. When adjusted for certain items that impact the comparability of results, the company gen
Boskalis Active in Angola
Royal Boskalis Westminster N.V. is working on a dredging project in Africa related to maintaining the access channel and turning basins of the Soyo LNG port. Works on the project, awarded to Boskalis by Angola LNG Ltd., started few months ago and will be completed by the end of 2017. The project wil