Africa
Tullow: TEN Project Development Continues
The Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) in Hamburg has rejected Côte d’Ivoire’s request that Ghana be ordered to suspend all oil exploration and exploitation in the disputed zone including the TEN Project, Tullow informed. Development work on the TEN Project c
Drewry: Forget Faster Services, Demand Reliability
Some shippers want faster services but they would probably be better served demanding better reliability first as carriers are too far down the slow streaming road to change course now and would require heavy persuasion even to consider introducing faster options, according to the UK-based Drewry Sh
Sterling: CGG Starts Ambilobe 3D Shoot
Sterling has kicked off its planned 3D seismic survey of 1,250 km² over a high-graded portion of the Ambilobe Block, located offshore Madagascar. The acquisition is being undertaken by CGG Services SA, on behalf of the Joint Venture Partners, and completion is expected within 45-50 days. The Ambilob
Photo Update: Busy Day in New Suez Canal
Fifty kilometers to the south of Port Said on the Mediterranean Sea, a new waterway is being excavated parallel to the existing canal. This program is part of the Suez Canal mega project, which includes the development of several seaports in the three governorates bordering the canal, Suez, Ismailia
Tanker Market Keeps Up the Momentum
In the first quarter of 2015, tanker earnings for crude oil tankers have climbed to new strong levels, with averages not seen since 2008, BIMCO said in the latest market overview. The demand for crude oil tankers remain high even after the winter months as the market appears to have kept the momentu
Kosmos Energy discovers gas offshore Mauritania
Kosmos Energy has announced today that the Tortue-1 exploration well, in Block C-8 offshore Mauritania, has made a significant, play-opening gas discovery. Based on the preliminary analysis of drilling results and intermediate logging to a depth of 4,630 meters, Tortue-1 has intersected 107 meters (
Sterling starts seismic shoot offshore Madagascar
Sterling Energy Plc, the AIM listed oil & gas exploration company, has started its planned 3D seismic survey of 1,250 km² over a high-graded portion of the Ambilobe Block, located offshore Madagascar. According to Sterling, the acquisition is being undertaken by CGG Services SA, on behalf of the Joi
McDermott, Hydra in Ghana JV
McDermott has created of a new joint venture, McDermott Marine Construction Ghana Limited (MMCGL), that will pursue key offshore opportunities in Ghana and other developments in the African market. Building McDermott’s presence in Ghana with minority partner Hydra Offshore Group of Accra, Ghana, the
McDermott forms JV to pursue offshore opportunities in Ghana
McDermott International, Inc. has announced the creation of a new joint venture, McDermott Marine Construction Ghana Limited (MMCGL), that will pursue key offshore opportunities in Ghana and other developments in the African market. Building McDermott’s presence in Ghana with minority partner Hydra
Kosmos Hits Gas Offshore Mauritania
Kosmos Energy announced that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a gas discovery. Based on the preliminary analysis of drilling results and intermediate logging to a depth o
Kosmos Energy hits gas off Mauritania
Kosmos Energy said that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery.
Kosmos Energy hits gas off Mauritania
Kosmos Energy said that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a significant, play-opening gas discovery.