Africa
Afren, Amni reviewing Okoro FFD options
Afren, a London-listed, independent oil and gas company, is reviewing its plan for the Okoro Further Field Development (FFD), offshore Nigeria. In its operational update today, the company has said that partners in the project, Afren and Amni, are currently in discussions on how to manage the Okoro
Polarcus, NAMCOR Ink MoU
Polarcus and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Memorandum of Understanding (MoU) that aims to assist with the exploration and development of Namibia’s offshore petroleum resources. Under the terms of the MOU, Polarcus will provide 3D/4D marine seismic acquisition a
MarineTraffic: Shipping Industry Can Benefit from Open Data
MarineTraffic, a global AIS vessel tracking service, believes that open data can positively increase the competitiveness and efficiency of the shipping industry. Speaking at the Union for the Mediterranean stakeholder conference, “Towards a Roadmap for Blue Investment and Jobs in the Mediterranean”
Polarcus, NAMCOR to work on development of Namibia’s offshore resources
Polarcus Limited and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Memorandum of Understanding (MOU) that aims to assist with the responsible exploration and development of Namibia’s offshore petroleum resources. According to the press release, this will be done through a coll
PetroSA suspends top executives, CEO included
South African national oil company PetroSA has reportedly suspended three of their top executives, including the Chief Executive Officer (CEO), due to poor performance. Business Day (BD), a national daily newspaper in South Africa, has reported that PetroSA’s Board gave CEO Nosizwe Nokwe-Macamo, CFO
OneSubsea Scoops $330 Mln Contract Off North Africa
OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $330 million for a gas project offshore North Africa. Under the new contract, the scope of supply for the 13-well development includes subsea production equipment, tooling, and ins
OneSubsea nets $330M for work offshore North Africa
OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totalling more than $330 million for a gas project offshore North Africa. According to the company, the scope of supply for the 13-well development includes subsea production equipment, tooling, and
BMT Enters Africa’s First LNG Import Terminal Project
BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, has been appointed Owners Engineer and lead design consultant by Endeavour Energy for the development of the LNG storage and regasification facility, a part of the Ghana 1000 Gas to Power Project and Africa’s first LNG import terminal. Endeavour
LNG Shipping Market Lulled in Q1, Recovery on the Horizon
The first quarter of 2015 saw a material fall in demand and charter rates for LNG shipping, Golar LNG Limited said in a commercial review of LNG shipping and FRSU performance. Average spot rates during the quarter were USD 40-45,000/day for TFDE vessels and USD 30-35,000/day for steam turbine vessel
UTEC NCS Wraps Up West African AUV Ops
UTEC NCS Survey, an Acteon company, has recently completed three months of AUV operations for a number of Saipem projects located in West Africa. UTEC NCS performed pre-lay and as-laid surveys using their Gavia AUV systems on the Mafumeira and Litchendjili fields, offshore Angola and Congo. Using on
BMT strikes Africa LNG contract
BMT Asia Pacific, a unit of BMT Group, has been appointed owners engineer and lead design consultant by Endeavour Energy for the development of a storage and regasification facility, a part of the Ghana 1000 Gas to Power Project and Africa’s first LNG import terminal. Endeavour is co-leading develop
BMT strikes Africa LNG contract
BMT Asia Pacific, a unit of BMT Group, has been appointed owners engineer and lead design consultant by Endeavour Energy for the development of a storage and regasification facility, a part of the Ghana 1000 Gas to Power Project and Africa’s first LNG import terminal. Endeavour is co-leading develop