Africa
Benthic in Golfinho Field Geotechnical Survey
Benthic, a global geosciences company, has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation for a deepwater geotechnical investigation in the Golfinho Field off the coast of Mozambique. Benthic’s PROD (Portable Remotely Operated Drill), operating from the Jaya Vigilant, will
Salamander board endorses Ophir offer
Ophir Energy and Salamander have reached an agreement under which Ophir will take over Salamander in an all-share transaction. The proposed deal is subject to Salamander’s shareholders vote. Under the agreement, Salamander shareholders will receive 0.5719 Ophir share for each Salamander share. Accor
Eni moves step ahead with $6B Sankofa development
Ghana Government has completed negotiations with Eni and Vitol, approving exploration and production at the Sankofa project, located in the Cape Three Points offshore block. The $6 billion project, operated by Italy’s Eni, is expected to start commercial oil and gas production by mid-2017, according
Ebola Turns Up the Heat on West Africa Trade
West Africa trade continues to acutely feel the pressure of the Ebola outbreak with export trade estimated to be down by as much as 30% since the start of the outbreak, UK’s shipping consultant Drewry said in its weekly container insight. Capacity dipped 4.9% dip to 207,000 teu in October, albeit th
Plunging Oil Prices Driving Down Fuel Costs
Fuel costs could be cut by as much as USD 1 million a year if current price levels stay put for ships that burn 24 tonnes of fuel per day while steaming, the Baltic and International Maritime Council (BIMCO) said. This would be applicable assuming a difference from the average of the first half of 2
Atlas Provides Professionals to New Suez Canal Project
A consortium consisting of the world’s biggest dredging companies has started on the “New Suez” Canal project in Egypt. The companies will work together to create another canal that will run alongside the existing Suez Canal, in order to allow ships to simultaneously pass one another. Atlas Professi
IMRF: Dealing with Media Pressure Key in SAR Operations
Media pressure, and particularly the posting of unverified stories on social media, has become a significant factor in major maritime search and rescue (SAR) events, according to Bruce Reid, CEO of the International Maritime Rescue Federation (IMRF). Planning and preparation remain the key to dealin
Lower US Demand Reshuffles West African Crude Moves
West African crude moves have shifted from the U.S. to Europe as lower demand from the U.S. has forced a reshuffle of the global crude oil markets, according to the latest tanker market review by shipbroker Poten & Partners. Namely, in order to make their crudes more competitive West African supplie
‘Dredge Design’ from ASLA
To dredge simply means to scoop up sediment, often underwater, and move it to another location. While this process is often associated with moving contaminated soils to a place where they can be safely capped, today, dredging is also increasingly about harnessing natural processes to create new land
NLNG open to increased LPG supply to Nigeria
Nigeria LNG’s CEO affirmed the company’s commitment to supplying the nation with sufficient volumes of LPG from its Bonny facility.
Benthic inks geotechnical investigation deal with Anadarko
Benthic, a global geosciences company, has been awarded a contract by a subsidiary of Anadarko Petroleum Corporation for a deepwater geotechnical investigation in the Golfinho field off the coast of Mozambique. Benthic’s PROD (Portable Remotely Operated Drill), operating from the MPSV Jaya Vigilant,
Popular news, November 17 – 23, 2014
The articles you have read the most this past week include the one on Halliburton’s take-over of Baker Hughes; the production kick off at Tubular Bells; two Greenpeace activists injured in protest against offshore drilling; Repsol starts drilling offshore Canary Islands; Gulf of Mexico platform blas