Africa
Egypt launches tender for second FSRU
Egypt has reportedly launched a five-year tender on Sunday to lease a second floating storage and regasification terminal. State-owned Egas sent the tender to eight international companies and expects to get a reply within a week, Reuters cited the company’s Chairman Khaled Abdel Badie as saying. Th
Egypt launches tender for second FSRU
Egypt has reportedly launched a five-year tender on Sunday to lease a second floating storage and regasification terminal. State-owned Egas sent the tender to eight international companies and expects to get a reply within a week, Reuters cited the company’s Chairman Khaled Abdel Badie as saying. Th
Erin Energy starts production from Oyo field offshore Nigeria
Erin Energy Corporation has started production from the Oyo-8 well located in OML 120 offshore Nigeria. Erin Energy, previously known as CAMAC Energy, is the operator of the Oyo field and has a 100% interest in the block. Oyo-8, which was drilled in the third quarter of 2014 to a total depth of appr
O&G equipment and services deals rise in March
Global oil and gas equipment and services deal activity, including capital markets and Mergers and Acquisitions (M&A), increased in overall value from $563.4 million across 29 deals in February 2015 to $3.2 billion from 38 transactions in March, a rise of over $2.6 billion, according to research and
New Suez: 62.9 Pct of Dredging Finalized
Up to 157.260 million cubic meters of water-saturated sand have been dredged so far as part of the Suez Canal Development Project, said executive director supervising the dredging process Wagdi Zaki. This rate represents 62.9 percent of a total 250 million cubic meters that should be dredged as part
10 Migrants Dead, 5,800 Rescued off Libya
10 migrants died and around 5,800 were rescued off Libya in a series of operations launched over the last several days, the Italian Navy and the Italian Coast Guard report. Seven bodies were found on two of the rubber boats carrying migrants desperate to escape poverty and conflicts, while the remai
Shell, Total buy MACH data set
BMT ARGOSS Ltd, the Met Office and Oceanweather Inc., have announced the launch of their joint Mid-Atlantic Current Hindcast (MACH) data set, resulting in two data sales to Shell International Petroleum Company Limited and Total S.A. The Met Office deals with data assimilation and large scale, compl
New Regulation for Seabed Mining
The U.N. International Seabed Authority (ISA) recently issued a “Report on the draft framework for the regulation of deep seabed exploitation activities“. The ISA report on the draft regulation of marine mining is open for comment until May 15th. The WOC (World Ocean Council) is working to help ensu
Hyperdynamics elects new Chairman
Hyperdynamics Corporation, a company that is exploring for oil and gas offshore the Republic of Guinea in West Africa, has announced the appointment of new Chairman. The company said that Robert A. Solberg has retired as Chairman of the Board of Directors and the company elected Ian Norbury as a new
Readers’ Picks of the Week (Apr 27 – May 1)
Maersk’s Boxship Catches Fire off Mauritius The 8,700 TEU container ship Maersk Londrina caught fire while en route from Malaysia to Brasil on April 25, forcing the vessel to divert to Mauritius, Maersk’s Senior Press Officer Michael … Read more Interview: APM Terminals Stands Ready for Giant Boxshi
Shipowners: IMO Should Not Jump the Gun on Ballast Water Convention
The International Maritime Organization (IMO) should not ratify the Ballast Water Management Convention if there is no realistic implementation schedule that recognises the timetable for US type-approved Ballast Water Management Systems (BWMS) to be available in sufficient quantities, international
Chariot gets more time to explore offshore Mauritania
Chariot Oil & Gas Limited has secured a one year extension on the current exploration phase of the C-19 licence in Mauritania, as the evaluation of the prospectivity across this acreage has taken longer than expected, said the company. Chariot holds 55% interest as the operator, while its partners C