Africa
Golar Seals Deal for Third GoFLNG
London-based liquefied natural gas shipping company Golar LNG Limited has executed agreements for conversion of the 126,000 m3 LNG carrier Gandria to a Golar floating liquefaction facility (GoFLNG) with Singapore’s Keppel Shipyard Limited (Keppel). The Gandria conversion contract marks the exercise
First Test of New Suez on Saturday
The first trial run of the New Suez Canal has been set for Saturday, July 25, 11 days before the official inauguration of the new waterway. According to the Mohamed Sakr, the head of navigational management department at the Suez Canal Authority, different size ships will participate in the trial of
Xplorer makes steps to enter Boujdour block (Morocco)
Xplorer plc has signed a memorandum of understanding (MoU) for the acquisition of a significant working interest in five shallow offshore exploration permits off the coast of Morocco. Xplorer is a company formed for the purpose of acquiring a company, business or asset that has operations in the oil
Nigeria Bans 113 Tankers from Its Waters
Nigeria’s national oil company NNPC has prohibited 113 oil tankers from its waters effective immediately, Reuters reports citing a letter circulated by the company. According to the letter, the ban has been ordered by President Muhammadu Buhari, but reasons behind the decision have not been disclose
Nigeria Bans 113 Tankers from Its Waters
Nigeria’s national oil company NNPC has prohibited 113 oil tankers from its waters effective immediately, Reuters reports citing a letter circulated by the company. According to the letter, the ban has been ordered by President Muhammadu Buhari, but reasons behind the decision have not been disclose
OPV Market in Growth Mode
The total number of Offshore Patrol Vessels (OPVs), the fastest growing segment of the naval vessels market, ordered last year marked a 4 percent increase, while the number of planned orders has also increased by 4 percent, OPV Market Report for 2015-2016 by Defence iQ finds. At least 24 countries a
OPV Market in Growth Mode
The total number of Offshore Patrol Vessels (OPVs), the fastest growing segment of the naval vessels market, ordered last year marked a 4 percent increase, while the number of planned orders has also increased by 4 percent, OPV Market Report for 2015-2016 by Defence iQ finds. At least 24 countries a
Total starts production from Dalia Phase 1A (Angola)
French oil and gas company, Total, has started production from Dalia Phase 1A, a new development on its deep offshore operated Block 17, located 135 km off the coast of Angola. According to Total, Dalia Phase 1A will develop additional reserves of 51 million barrels and will contribute 30,000 barrel
Total Begins Production from Dalia Phase 1A
Total has started production from Dalia Phase 1A, a new development on its deep offshore operated Block 17, located 135 km off the coast of Angola. Dalia Phase 1A will develop additional reserves of 51 million barrels (Mb) and will contribute 30,000 barrels per day (b/d) to the block’s production. “
Tanker Orderbook Set to Beat 2013 Record?
Investment in construction of tankers driven by stronger appetite in ordering of new tonnage so far this year has all the signs of beating the 2013 record, Gibson said in its weekly tanker report. A total of 34 Very Large Crude Carriers (VLCCs) have been ordered during the first half of 2015, just m
Tanker Orderbook Set to Beat 2013 Record?
Investment in construction of tankers driven by stronger appetite in ordering of new tonnage so far this year has all the signs of beating the 2013 record, Gibson said in its weekly tanker report. A total of 34 Very Large Crude Carriers (VLCCs) have been ordered during the first half of 2015, just m
Libyan War Planes Sink Ship
A ship was bombed and sunk on Sunday in an air strike conducted by Libyan war planes in the vicinity of town of Mareesa, Reuters reports citing a spokesman of the air force allied to the country’s internationally recognized government, Nasser al-Hassi. According to al-Hassi, “the vessel was sunk bec