Africa
New Suez Test Proves Successful
The first test run of the New Suez Canal was performed successfully on Saturday, July 25th, bringing this iconic project one step closer to completion. In total, six different size boxships successfully navigated the new waterway, proving its readiness for full-fledged operations. The trial run is a
NMDC Announces Completion of Suez Dredging
National Marine Dredging Company (NMDC), together with other members of the Challenge Consortium (Jan De Nul, Boskalis and Van Oord), has announced the completion of the New Suez Canal project following its successful trial run on Saturday, July 25. A total of six container ships from around the
Get Ready for Coastal and Canal Zone Development
Egypt’s coastal zones are due for some major changes as numerous multi-billion dollar projects aimed at boosting the national economy take hold and investments transform not only these areas, but the shape of the nation. In preparation for this year’s Coastal and Canal Zone Development Conference, t
Panoro: Drilling starts on Aje-5 well (Nigeria)
Panoro Energy ASA, the independent E&P company with assets in Nigeria and Gabon, has announced that drilling has started on the Aje-5 production well on the OML 113 license, offshore Nigeria. The well is being drilled with the Saipem Scarabeo 3 semi-submersible drilling rig. Panoro entered into a ri
Eni reaffirms investment agreement with Egypt
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, and Eni’s CEO, Claudio Descalzi, have signed an update to the Head of Agreement signed in March 2015. The update was signed on Friday, July 24, 2015, in the presence of the Prime Minister of Egypt, Ibrahim Mahlab, and the Itali
Readers’ Picks of the Week (20-24 of Jul)
Fire aboard Freedom of the Seas A fire broke out in a mechanical space on board Royal Caribbean’s cruise ship Freedom of the Seas on Wednesday, as it was about to enter Falmouth, Jamaica…. Read more Egypt on High Alert ahead of Suez Canal Inauguration Egyptian authorities have raised the alert level
Readers’ Picks of the Week (20-24 of Jul)
Fire aboard Freedom of the Seas A fire broke out in a mechanical space on board Royal Caribbean’s cruise ship Freedom of the Seas on Wednesday, as it was about to enter Falmouth, Jamaica…. Read more Egypt on High Alert ahead of Suez Canal Inauguration Egyptian authorities have raised the alert level
Popular news, July 20 – 26, 2015
Read the most popular news of the week.
Highlights of the Week – Readers’ Choice
Libyan Air Force Sinks Dredger A helicopter of the Libyan air force attacked and sunk a dredger off Benghazi coast yesterday, said General Saqr Al-Jroshi, Commander of the Libyan Air Force. IJmuiden to Get New Sea Lock Rijkswaterstaat (the Dutch Highways and Waterways Agency) intends to […]
Global Petroleum withdraws from Juan de Nova permit as cost cuts loom
Global Petroleum Limited, an oil and gas exploration company presently focused on emerging plays in Africa and the Mediterranean, has decided to withdraw from the application for an extension into the second phase of the Juan de Nova Permit, in the Mozambique Channel. Namely, the company applied for
Eni, Egypt update HoA following recent gas discovery
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, and Eni’s CEO, Claudio Descalzi signed an update to the Head of Agreement signed last March.
Eni, Egypt update HoA following recent gas discovery
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, and Eni’s CEO, Claudio Descalzi signed an update to the Head of Agreement signed last March.