Africa
Camac: Leaks stop Oyo-8 drilling (Nigeria)
Camac Energy, an oil and gas exploration company focused on Africa, has stopped drilling offshore Nigeria following leaks discovered.
Aker Solutions clinches $465M subsea job in Brazil
Aker Solutions’ subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a five-year optio
Most popular articles of the week, September 8 – 14, 2014
VIDEO: How Auger platform escaped decommissioning Shell has launched a short movie, explaining why Auger, a tension leg platform in the U.S. Gulf of Mexico is special. BP against Scottish independence As the Scottish referendum approaches, everyone seems to have an opinion whether the Scots should
Readers’ Picks of the Week (Sep 08-14, 2014)
Unmanned Vessels to Take Over Our Seas? Researchers at Norwegian Marine Technology Research Institute (MARINTEK) believe that in ten to twenty years time there will be 200 metre cargo vessels plying the oceans without the need of a captain or crew.…Read more Limited Data Put Svendborg Maersk in Dire
Highlights of the Week – Readers’ Choice
DEME: Sabetta Port Project (VIDEO) Arkhangelsk Branch of Rosmorport resumed the Sabetta Port dredging work in early August, as soon as the summer navigation period commenced. Van Oord Completes Koper Dredging The Netherlands-based company Van Oord has completed the first phase of deepening operati
Oceaneering extends CSV ‘Bourbon Oceanteam 101’ charter
Oceanteam Shipping ASA has announced that Oceaneering International, Inc. has exercised both one year options on the CSV Bourbon Oceanteam 101 up to February 2017. The vessel will continue its field support services for work offshore Angola on blocks 18 and 31. Upon delivery in December 2007, this D
Oceaneering Exercises Options for CSV ‘Bourbon Oceanteam 101’
Oceaneering International, Inc. has exercised both one year options on the CSV Bourbon Oceanteam 101 up to February 2017. The vessel will continue its field support services for work offshore Angola on blocks 18 and 31. Upon delivery in December 2007, this DP2 Construction Support Vessel has been op
Mitsubishi Acquires Interest in Block CI-103 Off Ivory Coast
Mitsubishi Corporation (MC) has agreed to acquire a 20% ownership interest in Block CI-103 Hydrocarbon Production Sharing Contract from US-based Anadarko Petroleum Corporation. Block CI-103, which is located off the coast of Côte d’Ivoire, is currently in appraisal. The transfer of the interests wil
Tanzania Expedites Megaport Project Start
Construction of the USD 11 billion Bagamoyo megaport has been pushed forward by the government of Tanzania from January 2015 to the last trimester of 2014, following the successful negotiations with Chinese officials, Global Construction Review reports. China Merchants Holdings International, the wo
Global Oil Demand Growth Slumping
The IEA Oil Market Report (OMR) for September trimmed global oil demand growth for 2014 and 2015 to 0.9 million barrels per day (mb/d) and 1.2 mb/d, respectively, because of a pronounced slowdown in demand growth in the second quarter of this year, and a weaker outlook for Europe and China. Demand i
Safer Seas 2013 to Be a Sobering Reminder
The National Transportation Safety Board has released “Safer Seas 2013: Lessons Learned From Marine Accident Investigations,” a compilation of accident investigations that were published in 2013, organized by vessel type with links to the more detailed accident reports. The introductory message from
Mitsubishi acquires stake in Anadarko exploration block off Ivory Coast
Mitsubishi Corporation (MC) has agreed to acquire a 20% ownership interest in Block CI-103 Hydrocarbon Production Sharing Contract from US-based Anadarko Petroleum Corporation. Block CI-103, which is located off the coast of Côte d’Ivoire, is currently in appraisal. The transfer of the interests wil