Africa
OneSubsea nets order from BP (Egypt)
OneSubsea, a Cameron and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development offshore Egypt. The subsea systems scope of supply includes 10 large bore gas trees and related subsea equipment. First deliver
New Hitachi Medium Excavator for African Market
Hitachi Construction Machinery (Europe) NV (HCME) has announced that their ZX350LCH-5G medium excavator will make its European debut at Intermat event in Paris. Designed to be reliable, durable and highly productive, it is capable of meeting the challenges of the African market, such as tough workin
Shell betting big on natural gas, Upstream director says
Shell’s upstream director Andrew Brown has said that demand for natural gas will continue do grow in the long turn, and the world appetite for energy is increasing. During his speech at the IHS CERAweek in Houston, at a session named “Global Gas: How do we maintain momentum,” he said that the indust
Eni CEO: What we’ve discovered in Mozambique is massive (CERAweek 2015)
Claudio Descalzi, Chief Executive Officer of Italian oil company ENI, has revealed what is the most exciting region of the planet, when it comes to commercial success of his company, and the future of oil and gas supply. Considering ENI operates around the globe, Dan Yergin, IHS Ceraweek vice chairm
OneSubsea Lands BP Taurus Libra Deal Off Egypt
OneSubsea, a Cameron and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development offshore Egypt. The subsea systems scope of supply includes 10 large bore gas trees and related subsea equipment. According to
Heerema Hires Applus RTD for Kaombo Testing Gig
Applus RTD, a provider of integrity technology services, has been awarded a contract from Heerema Marine Contractors as part of the Kaombo development offshore Angola. As part of the SURF (subsea, umbilicals, risers, flowlines) development, Applus RTD will provide non-destructive testing for offshor
LR: Time to Adapt to New Emission Caps Fast Running Out
Lloyd’s Register has issued new emissions guidelines and updated technical information to help operators in their investment decisions ahead of the enforcement of a global 0.5% cap for SOx emissions. The time for decisions is fast approaching. If in 2012, when an earlier version of this report was i
Rowan sees new, lower rates for jack-up rigs
Rowan Companies, a Houston-based drilling contractor, has seen several revised operating rates for their rigs contracted by Saudi Aramco. According to its latest fleet status report, five of its jack-up rigs under contract with Saudi Aramco in Saudi Arabia, are under revised operating rates beginnin
ESC to Put Container Shipping Alliances Under Scrutiny
The European Shippers’ Council has revealed plans to start a global review of the container liner shipping market to address growing concerns among manufacturers, retailers and wholesalers about the long term threats of a concentrated container liner shipping industry through alliances, the ESC said
World’s First Standard Container Contract Launched
The world’s first standardised contract terms and conditions for use in container shipping markets worldwide was launched at the 2015 Containerisation International Conference in Hamburg on 22 April. Global Shippers Forum (GSF) has joined forces with the Baltic International Maritime Council Organis
Dryad: Gulf of Guinea Poses Ongoing Threat of Seafarer Kidnap
The Gulf of Guinea proved to be one of the most dangerous piracy hotpots for mariners, according to maritime intelligence agency Dryad’s maritime crime figures for Quarter 1 (January to March) of 2015. Namely, kidnapping of crew for ransom remains the most significant threat to mariners in the regio
Sterling, SNH clash over Ntem permit lapse (Cameroon)
Sterling Energy has received notice from Société Nationale des Hydrocarbures (SNH) that the First Renewal Period of the Ntem Concession, offshore Cameroon, has expired on April 22, 2015 and that the Ntem Concession has lapsed. However, according to Sterling, the First Renewal Period has not expired.