Africa
VLCC Market Holding Its Ground
The track record so far for the large crude oil tankers seems to be holding its ground and while the year-to-date performance has been stellar, it seems as though things may get even better, according to Allied Maritime Research’s weekly market update. Namely, demand for energy continues to surge an
Picture of the Day: Van Oord’s Hector at New Suez
The Non-Governmental Organization (NGO), Dredging Suez Canal, has posted on its official facebook page this amazing photo of Van Oord’s cutter suction dredger Hector, working on the New Suez Canal dredging program. At the moment, 37 dredging vessels are involved in the project. Some of the world’s t
Anadarko, partners moving forward with Mozambique LNG project
Texas-based Anadarko and its partners are making progress on the remaining agreements and approvals that are required to support investment in the Mozambique LNG project. “There has been substantial engagement with the new administration, including the President, Prime Minister and key ministers,” A
Anadarko, partners moving forward with Mozambique LNG project
Texas-based Anadarko and its partners are making progress on the remaining agreements and approvals that are required to support investment in the Mozambique LNG project. “There has been substantial engagement with the new administration, including the President, Prime Minister and key ministers,” A
Golar Gimi Lands 20-Year Gig
Bermuda-headquartered owner and operator of liquefied natural gas (LNG) carriers Golar LNG has signed a 20-year tolling contract with Ophir Energy for the floating liquefaction and storage vessel GoFLNG Gimi, scheduled to start operations offshore Equatorial Guinea in the first half of 2019. Golar a
Golar nets Equatorial Guinea FLNG contract
Golar LNG said it has signed a binding heads of terms with Ophir Energy for the provision of the GoFLNG vessel Gimi. The deal has been approved by Ophir’s Equatorial Guinea, Block-R upstream partner GEPetrol, and will be formally ratified by GEPetrol next week, Golar said in a statement on Tuesday.
Golar nets Equatorial Guinea FLNG contract
Golar LNG said it has signed a binding heads of terms with Ophir Energy for the provision of the GoFLNG vessel Gimi. The deal has been approved by Ophir’s Equatorial Guinea, Block-R upstream partner GEPetrol, and will be formally ratified by GEPetrol next week, Golar said in a statement on Tuesday.
Bowleven sees board changes
Bowleven, an independent exploration and development company focused on Africa, announced that Chief Tabetando and Peter Wilson will both step down from the Board, and that John Martin has been appointed as a Non-Executive Director. The company said that these changes were made following the recent
Capsized Trawler Adrift in Shipping Lane off South Africa
South Africa’s charity National Sea Rescue Institute (NSRI) issued a warning that a large fishing vessel capsized and has been floating in a shipping lane some 9.8 miles south off Cape Point since May 1. Smit Amandla Marine, the company contracted to respond to maritime emergencies off of the South
Egypt Invites Bids for 2nd LNG Import Terminal
Energy-craving Egypt has issued a tender for its second liquefied natural gas (LNG) import terminal. “We launched yesterday a tender to lease a second LNG import terminal for a period of five years. We have sent it to eight international companies and we expect to get a reply within a week,” Khaled
GAC: Saleef Port Operations Unaffected by Airstrikes
Operations at the port of Saleef, the second most vital port in Yemen, are continuing as scheduled, unaffected by airstrikes on a military base in the region, GAC informed. The attacks were launched on Thursday, April 30th on a military base that is far from al-Saleef port, situated northwest of the
DW: Almost 100.000 oil workers out of work due to oil price plunge
The oil & gas industry currently suffers a shortage of mid-career professionals primed for leadership & supervisory roles, the legacy of the last oil price downturn in the 1980s to mid-90s, Douglas Westwood, an energy industry intellignce group, writes in its DW Monday report. At that time the ind