Africa
BP hits more gas off Egypt
BP Egypt said it has made another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta.
BP hits more gas off Egypt
BP Egypt said it has made another important gas discovery in the North Damietta Offshore Concession in the East Nile Delta.
Alfa Laval to supply pumps for two FPSOs (Angola)
Sweden-based Alfa Laval, a provider of specialized products and engineering solutions, has won an order to supply Framo pumping systems for FPSO projects in Angola. The order, booked in the Marine & Offshore Pumping Systems segment, has a value of approximately SEK 260 million ($30.7 million) and de
Popular news, March 1 – 8, 2015
The most read article at Offshore Energy Today this past week was the one on BW Offshore recovering bodies of three Brazilian workers who went missing after an explosion on an FPSO in Brazil, on February 11, 2014. The final death toll from this incident stands at nine. The second most popular articl
Readers’ Picks of the Week (2-6 of Mar)
JR Shipping Takes Over Universal’s Bankrupt Vessels Harlingen-based JR Shipping Group is taking over six container feeder vessels from Universal Marine upon request from Dutch Bremer Landesbank, the principal financier of the shipping CVs which operate the vessels.…Read more Shipowners Still Not Sol
Offshore energy industry not just for boys!
Despite great strides made by the international women’s rights movement over many years, women around the world are still facing restrictions in the energy industry; specifically within oil & gas. 440,000 people in the UK employed within the energy sector, only 3.7% were female. Undoubtedly the oil
Picture of the Day: Photo Shooting at New Suez
The New Suez Canal is the name of a new waterway project in Egypt, expanding the existing Suez Canal between the Mediterranean Sea and the Red Sea. This program is part of the Suez Canal mega project, which includes the development of several seaports in the three governorates bordering the canal, S
Mauritius to Tackle Coastal Erosion
Long term data (1967 to 2012) available by aerial photographs and satellite images shows that about 11% of the Mauritius coastal areas have been eroded, with severe erosion at Albion, Bel Ombre and Mon Choisy, while over the last ten years, an average decrease from 50 % to 27 % of live coral in the
Worldwide offshore rig count rises in February
Baker Hughes Incorporated announced today that the worldwide offshore rig count for February 2015 rose to 379 active units. The number rose up from January this year, which had 370 rigs, and February 2014, with 374. The rig data provider separates the rigs into two groups, North America (U.S. and Ca
BP Inks Final Agreements for West Nile Delta Project
BP has signed the final agreements of the West Nile Delta project to develop 5 trillion cubic feet (tcf) of gas resources and 55 million barrels (mmbbls) of condensates with an estimated investment of around $12 billion by BP and its partner. Production from WND is expected to reach up to 1.2 billio
BP moves ahead with West Nile Delta gas project (Egypt)
BP today announced that it has signed the final agreements of the West Nile Delta project to develop 5 trillion cubic feet (tcf) of gas resources and 55 million barrels (mmbbls) of condensates with an estimated investment of around $12 billion by BP and its partner. Production from WND is expected t
PetroSa gets cash to fund Jubilee and TEN fields
PetroSA Ghana, a subsidiary of PetroSA, South Africa’s National Oil Company, has secured a seven year US$150 million reserve based lending credit facility, which will be used to refinance existing loans and to fund expansion capital expenditure in the Jubilee and TEN offshore fields. PetroSA bought