Africa
Exceptional Year for Van Oord
The year 2014 was exceptional in many ways, Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, announced today. From a financial perspective, Van Oord achieved a record turnover of EUR 2.104 billion (2013: EUR 1.641 billion). It is the first time in the company’
FaunaGuard: Scientific Method for Deterring Marine Fauna
Regulators, funding agencies and proponents worldwide are imposing increasingly strict environmental regulations to minimize the potential impact of marine construction activities, and more specifically, the underwater sound generated by such activities. Marine fauna may be adversely affected by mar
JDR Strengthens Position in West Africa
JDR has establised a new service and maintenance facility in Port Harcourt and Lagos, Nigeria in partnership with Royal Niger Emerging Technologies. In the agreement, which also establishes a long-term trade partnership, the Global Service division of JDR is providing local content to the West Afric
ITIC Warns of Growing Funds Diversion Frauds
International Transport Intermediaries Club (ITIC) says fraudulent diversion of funds is on the increase in the maritime sector. Having previously issued a warning about the fraudulent diversion of port expenses, ITIC says it is now seeing evidence of similar frauds being perpetrated across the wide
News in Photos: New Suez Canal Dredgers
The New Suez Canal development scheme is progressing according to the plan, and is scheduled to be completed this August. The opening of the new waterway will almost double the Suez Canal capacity and is expected to increase annual revenues to $13.5 billion by 2023. The project was launched by the C
Aminex gets Nyuni drilling deadline extension (Tanzania)
Aminex has announced that the Tanzanian authorities have agreed to the deferral of a two well drilling commitment on the Nyuni Area PSA, which was due to be completed by the end of October 2015, into the four-year First Extension which expires October 2019. The deferral is conditional on an Environm
DW: Wi-Fi, good food on flotels boost worker efficiency
The global offshore accommodation market has seen significant growth over the past five years, with PoB requirements increasing by 27% between 2009 and 2014, Douglas Westwood, an energy industry intelligence group, writes in its “DW Monday” report. Although the recent oil price decline has negativel
MES Delivers Bulker to Lepta
Japan’s Mitsui Engineering & Shipbuilding (MES) completed and delivered a 56,000 dwt bulk carrier MV Alam Makmur to a Liberian shipping company Lepta Shipping at its Chiba Works on March 16, 2015. This is the eighth ship in the shipbuilder’s ”neo56BC” eco-ship series. At little under 190 meters in l
Egypt, Eni sign investment agreement
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail and Eni’s CEO, Claudio Descalzi, signed a Head of Agreement aimed at the development of the oil and gas resources of the country while preserving the return of Eni’s investments.
Egypt, Eni sign investment agreement
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail and Eni’s CEO, Claudio Descalzi, signed a Head of Agreement aimed at the development of the oil and gas resources of the country while preserving the return of Eni’s investments.
Eni, Egypt ink framework agreement to develop oil & gas resources
The Egyptian Minister of Petroleum and Mineral Resources, Sherif Ismail, has signed with Eni’s CEO, Claudio Descalzi, a Head of Agreement aimed at the development of the oil and gas resources of the country while preserving the return of Eni’s investments. The Head of Agreement envisages investments
JDR expands in Nigeria
JDR, a provider of technology connecting the offshore energy industry, has expanded its footprint by establishing a new service and maintenance facility in Port Harcourt and Lagos, Nigeria in partnership with Royal Niger Emerging Technologies. In the agreement, which also establishes a long-term tra