Africa
Erin Energy starts production from Oyo-7 well offshore Nigeria
Erin Energy Corporation, formerly known as CAMAC Energy, has started production from the Oyo-7 well located in OML 120 offshore Nigeria. Erin Energy is the operator of the Oyo field and has a 100% interest in the block. According to the company, Oyo-7 was drilled to a total depth of approximately 8,
SeafarerHelp Assisted over 7,700 Seafarers in 2014
SeafarerHelp, the 24 hour helpline for seafarers run by the International Seafarers’ Welfare and Assistance Network (ISWAN), assisted 19% more sefarers during 2014 when compared to the preceeding year. The helpline reported a 53% increase in the number of calls, dealt with 1,920 new cases and helped
Halcrow Prize for XBEACH Gravel Model
Robert McCall (coastal morphology expert), Pieter van Geer (coastal engineering expert) of Deltares, Gerd Masselink and Timothy Poate of the University of Plymouth will be awarded the Halcrow Prize for their scientific publication about the XBEACH gravel model. The new numerical XBEACH gravel model
GSF: CO2 Emissions from Maritime Shipping Could Grow by 250 Pct
Left unchecked the carbon emissions from international maritime shipping could increase by 250 per cent, according to the Global Shippers’ Forum. The assessment by the International Maritime Organisation (IMO) is highlighted in the fourth edition of the GSF Maritime Emissions policy briefing which w
Libya’s NOC to Open More Ports Following Strikes
The National Oil Company (NOC) of Libya has revealed plans to open more ports during the coming month of Ramadhan that were closed following strikes by local workers and tribal militias demanding jobs and better pay. The move comes as NOC aims to increase Libya’s output to 600,000 barrels per day. T
BIMCO: Crude Tanker Market in Swansong throughout 2015
Crude oil tanker operators have two more strong quarters to look forward to before the tide turns on the supply side in 2016, according to BIMCO. Global oil demand for Q2 is the weak point for 2015 as a whole. However, demand is forecast by OECD/IEA to reach the highest level ever at 94.07 million b
Picture of the Day: CSD Zheng He Dredging the Suez
Jan De Nul Group, expert in dredging and marine construction activities, has just released a photo of its cutter suction dredger (CSD) Zheng He working in the New Suez Canal, Egypt. According to Jan De Nul, CSD Zheng He is the record-holder in dredging volume. She dredged 20 million m³ since the sta
Low oil price hits $200 billion in mega-projects
Deepwater oil projects and complex gas facilities worth around $200 billion have been cancelled or put on hold worldwide in recent months due to the sharp drop in oil prices over the past year, consultancy Ernst and Young said on Tuesday.
Exclusive Photo Coverage: Egypt Dredging Summit
The Egypt Ports & Waterways Summit (9-11 June), hosted by IQPC, brought together industry leaders, government officials and investors to discuss the future of the country’s dredging projects, ports and waterways. IQPC is also organizing the Coastal and Canal Zone Development Conference taking place
Seadrill sells drillship West Polaris
Seadrill Limited has entered into an agreement with Seadrill Operating LP, a subsidiary of Seadrill Partners LLC, pursuant to which Seadrill Operating will acquire all of the shares of Seadrill Polaris Ltd., the entity that owns and operates the drillship, the West Polaris from Seadrill. The Polaris
Wentworth hits more gas at Mnazi Bay
Wentworth Resources, the independent, East Africa-focused oil & gas company, said it has completed the drilling operations at the MB-4 development well in the Mnazi Bay Concession, southern Tanzania.
Wentworth hits more gas at Mnazi Bay
Wentworth Resources, the independent, East Africa-focused oil & gas company, said it has completed the drilling operations at the MB-4 development well in the Mnazi Bay Concession, southern Tanzania.