Africa
PhD student from RGU explores offshore renewables in Nigeria
Victor Osu, a PhD student from Robert Gordon University (RGU), is working with Bayelsa State Government in Nigeria to investigate the best way to establish a viable offshore renewable energy industry in the country. Osu has focused his research on how best to foster the transition to offshore renewa
Egypt set for Nigerian LNG cargo
Höegh Gallant FSRU, which started serving as Egypt’s first LNG import terminal in April, is to receive an LNG cargo from Nigeria.
Minister: Morocco to shortlist LNG suppliers soon
Morocco’s energy minister Abdelkader Amara said the country could shortlist three companies for the LNG import contracts within the next two weeks.
Sonardyne’s LBL Acoustic Network for Total’s Kaombo
French oil major Total and its project partners installed a Long BaseLine (LBL) acoustic positioning network, using the Sonardyne Fusion 6G technology, at Kaombo oil field offshore Angola. The campaign to deploy, calibrate and make ready for work the field-wide array of transponder frames, was compl
Cruise Orderbook Hits Record Level
Cruise lines seem to have abandoned their cautious approach to ordering new ships this summer as the cruise orderbook has achieved record level, with the sector hoping to take advantage of the mobility of its assets to tap the enormous potential in emerging markets, according London-based industry a
Cruise Orderbook Hits Record Level
Cruise lines seem to have abandoned their cautious approach to ordering new ships this summer as the cruise orderbook has achieved record level, with the sector hoping to take advantage of the mobility of its assets to tap the enormous potential in emerging markets, according London-based industry a
Erin Energy encouraged by ESWT Block resource evaluation (Ghana)
Erin Energy Corporation, previously known as CAMAC Energy, on Monday announced that the resource volume assessment of the three previously discovered fields (Tano North, Tano West, and Tano South) has been completed in the Expanded Shallow Water Tano (ESWT) Block, located offshore Ghana. The ESWT bl
Shell kicks off production from Bonga Phase 3 (Nigeria)
Shell has announced the start-up of production from the Bonga Phase 3 project, offshore Nigeria. Andrew Brown, Shell’s Upstream International Director, said: “This new start up is another important milestone for Bonga, adding valuable new production to this major facility.” Bonga Phase 3 is an expan
Shell Begins Production from Bonga Phase 3 Off Nigeria
Shell Nigeria Exploration and Production Company (SNEPCo) has announced the start-up of production from the Bonga Phase 3 project. Bonga Phase 3 is an expansion of the Bonga Main development, with peak production expected to be some 50,000 barrels of oil equivalent. This will be transported through
DW Monday: Suffering of oilfield stocks continues
Oil prices have stabilised in the $45-50 range over the last month, however, performances of major oilfield stocks have continued to suffer, Douglas-Westwood, an energy intelligence group wrote in its DW Monday report. According to analysis undertaken by DW, a decline of a further 8% has been seen t
Oil up as Russia mulls OPEC talks, rig count drops
By Christopher Johnson LONDON (Reuters) – Oil rose on Monday after Russia said it was ready to meet other producers to discuss the market, where prices have more than halved from last year’s highs due to a supply glut. A report showing a fifth weekly fall in the number of oil rigs drilling in the [&
Supertanker Rates Top USD 100,000 a Day
Supertankers carrying crude oil from Saudi Arabia to Japan earned USD 104,256 a day on Friday, October 2nd, the highest rate since July 2008, based on the data from London-based Baltic Exchange. The hike in rates came amid speculation that the demand from China has dried out the fleet capacity avail