In a disheartening revelation, the International Transport Workers Federation (ITF) has unveiled alarming statistics regarding the abandonment of vessels in 2023. The figures reflect a worrying increase compared to the previous year, signifying an unsettling trend that demands urgent attention from
Three rigs are carrying out operations for three giant oil and gas players – the UK’s Shell, France’s TotalEnergies, and Portugal’s Galp – offshore Namibia.
CMA CGM Scandola will be the first LNG-powered containership of the French shipping company CMA CGM to call West African ports.
London-headquartered engineering consultancy Longitude Engineering, part of ABL Group, has won a contract to deliver design and engineering services for the subsea development at a gas field located offshore Egypt. Longitude Engineering will provide detailed design and engineering services for the s
Argeo’s subsea vessel Argeo Searcher has completed a job in Nigeria for Shell and is now set to mobilize for work in the Indian Ocean. In its most recent vessel schedule, Argeo reported that its backlog update was currently running at around NOK 550 million (over $52.3 million), with a further sales
Trident Energy has embarked on a three-well infill drilling campaign on Block G offshore Equatorial Guinea.
China-based provider of clean energy services Wison New Energies, formerly known as Wison Offshore & Marine, has initiated the design validation and pre-FEED phase for two floating LNG (FLNG) projects in Nigeria. Following the signing of the contract and disbursement of mobilization funding, Wison N
Africa Oil Corp. has tucked the final approval under its belt for the acquisition of additional interest in a block it operates in the Orange Basin off South Africa.
Nigeria’s oil and gas regulator, NUPRC, has taken steps to combat the oil theft challenges by joining forces with the country’s police force.
Aside from European gas prices being down 45%, Wood Mackenzie’s forecast indicates that flat global demand is on the horizon this year.
Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally
Following the divestment, the oil major plans to turn all its attention to deepwater and integrated gas businesses in Nigeria.
