Africa
NMDC and the New Suez Canal (VIDEO)
National Marine Dredging Company (NMDC) of Abu Dhabi, has just released a video about its involvement in the News Suez Canal project. The giant project involved the creation of a new Suez Canal parallel to the current channel of a total length of 34 kilometers, led by the Suez Canal Authority (SCA).
Eni expands offshore acreage in Egypt
Italy’s Eni has acquired stakes in two offshore blocks in the Egyptian waters of the Mediterranean Sea. The company has been awarded a 37.5% participating interest and operatorship in North El Hammad, where it partners with BP (37.5%) and Total (25%), and a 50% participating interest in North Ras El
Drewry: Free Trade Agreements Good for Container Shipping
The recently signed Trans-Pacific Partnership (TTP) deal is the latest and biggest of the growing number of free trade agreements (FTAs) that promise heightened container growth for participating countries, according to U.K.-based shipping consultant Drewry. There is still much to be done before TPP
Drewry: Free Trade Agreements Good for Container Shipping
The recently signed Trans-Pacific Partnership (TTP) deal is the latest and biggest of the growing number of free trade agreements (FTAs) that promise heightened container growth for participating countries, according to U.K.-based shipping consultant Drewry. There is still much to be done before TPP
Bolloré Orders 13 More Konecranes RTGs for West Africa Operations
Finnish port automation solutions provider Konecranes has received a repeat order for thirteen Rubber Tired Gantry (RTG) cranes from Bolloré Group to be delivered to container terminals operated by Bolloré Africa Logistics in Benin and Togo in the second half of 2016. Five cranes will be delivered t
Bolloré Orders 13 More Konecranes RTGs for West Africa Operations
Finnish port automation solutions provider Konecranes has received a repeat order for thirteen Rubber Tired Gantry (RTG) cranes from Bolloré Group to be delivered to container terminals operated by Bolloré Africa Logistics in Benin and Togo in the second half of 2016. Five cranes will be delivered t
Eni wins two more licenses off Egypt
Eni revealed it has been awarded two new exploration licenses in the Egyptian offshore of the Mediterranean Sea, North El Hammad and North Ras El Esh, as a result of the 2015 EGAS bid round.
Vaalco changes Gabon plans due to bad weather
Vaalco Energy, Inc. on Monday announced a re-sequencing update to its drilling and workover program offshore Gabon in the Etame Marin block. To remind, the company in September, 2015, announcing first production North Tchibala field development well, said it would mobilize the Transocean Constellati
IMT, SA Navy Conduct AUV MCM Experiment
The Mine Counter Measures (MCM) division of South African Navy conducted an experiment in reviving the MCM capabilities in the Mine Warfare Squadron from October 05-09, 2015. In the last few years, the Mine Warfare capability has experienced a steady decline in both skilled personnel and equipment,
Readers’ Picks of the Week (Oct 5th-Oct 9th)
Images: Livestock Carrier Sinks in Brazil Lebanonflagged livestock carrier MV Haidar has capsized earlier today while docked at Porto Vila do Conde in Brazil with around 5000 heads of cattle on board… Read More Update 2: Damage to Flinterstar Worse than Expected Dutch shipping company Flinter said t
Readers’ Picks of the Week (Oct 5th-Oct 9th)
Images: Livestock Carrier Sinks in Brazil Lebanonflagged livestock carrier MV Haidar has capsized earlier today while docked at Porto Vila do Conde in Brazil with around 5000 heads of cattle on board… Read More Update 2: Damage to Flinterstar Worse than Expected Dutch shipping company Flinter said t
Saipem Lands Work for USD 680 Mln
Saipem has been awarded two new E&C offshore contracts cumulatively valued at more than EUR 600 million (USD 680 million). The first EPCI contract, awarded by Saudi Aramco, involves the engineering, procurement, transportation and installation of offshore structures including observation platform, w