Africa
Polarcus Alima Wraps Up The Gambia Shoot
Polarcus has, on behalf of Erin Energy, completed acquisition of a new 3D seismic survey off the coast of The Gambia. Polarcus was contracted by the Erin Energy to carry out the survey using the Polarcus Alima, 12-streamer 3D/4D seismic vessel. The survey covered approximately 1,613 square kilometre
DW: Gap between oil supply and demand to narrow next year?
As the year approaches the fourth quarter, many industry observers are dusting off their forecasts for 2016 and re-thinking, Douglas-Westwood, an energy intelligence group, has said in its DW Monday report. Last week, HSBC lowered its oil price outlook to $60/bbl for 2016. The EIA, in its latest Sho
Erin Energy finishes 3D survey offshore The Gambia
Erin Energy Corporation has completed the acquisition of a new 3D seismic survey off the coast of The Gambia. Erin Energy contracted Polarcus Ltd. to carry out this survey using the Polarcus Alima, a 12 streamer 3D/4D seismic vessel. The survey covered approximately 1,613 square kilometres on Erin E
Drewry: Rigid Mega Boxships Causing Trickle-Down Effect
As the “arms race” for Ultra Large Container Vessels (ULCVs) of 18,000 TEUs and above heats up, carriers must not overlook the value of having a smaller, but more flexible fleet in slowing market, according to the U.K.-based shipping consultant Drewry. There is no going back from this point Drewry s
Drewry: Rigid Mega Boxships Causing Trickle-Down Effect
As the “arms race” for Ultra Large Container Vessels (ULCVs) of 18,000 TEUs and above heats up, carriers must not overlook the value of having a smaller, but more flexible fleet in slowing market, according to the U.K.-based shipping consultant Drewry. There is no going back from this point Drewry s
Rolls-Royce: First Unmanned Ferry Could Be Just Five Years Away
The first remote-controlled ferry demonstrator could hit the water within four to five years thanks to a new wave of research into operational efficiency based on ship intelligence solutions, according to Oskar Levander, Vice President for innovation, engineering & technology at Rolls-Royce Marine i
Rolls-Royce: First Unmanned Ferry Could Be Just Five Years Away
The first remote-controlled ferry demonstrator could hit the water within four to five years thanks to a new wave of research into operational efficiency based on ship intelligence solutions, according to Oskar Levander, Vice President for innovation, engineering & technology at Rolls-Royce Marine i
ONEE issues tender for Morocco LNG power project
Morocco’s power utility ONEE has launched the international tender in order to select technical advisor for the development of the country’s LNG to power project.
EA Gibson: Tanker Market Outlook Stays Bullish
The turbulent month of August which saw instability in global financial markets, especially in China, has not shaken the outlook for the tanker market which remains bullish and offers highly attractive earnings, according to the London-based shipbroker E.A. Gibson. Irrespective of market fluctuation
EA Gibson: Tanker Market Outlook Stays Bullish
The turbulent month of August which saw instability in global financial markets, especially in China, has not shaken the outlook for the tanker market which remains bullish and offers highly attractive earnings, according to the London-based shipbroker E.A. Gibson. Irrespective of market fluctuation
Montero to Acquire Stake in Greenflash Phosphate Project
Montero Mining and Exploration has entered a binding letter agreement with Greenflash 251 to acquire up to a 75% interest in the Greenflash Offshore Phosphate Project in South Africa (the “Greenflash Project”). Montero has 6 months from signing to complete financial, legal and technical due diligenc
Global Marine Delivers Nigeria-Cameroon Subsea Link
Global Marine Systems, a UK-headquartered specialist in underwater cabling and engineering projects, has just completed a fibre optic installation project in the Gulf of Guinea. This telecommunications project for Huawei Marine Networks (HMN), a Global Marine joint venture partner, will be the first