Africa
Much Bigger Fleet for LNG Shipping Needed in the Long Term
Continuing weak demand and excess tonnage are expected to depress LNG shipping earnings in the near term. But longer term the sector could face vessel shortages as ordering slows and liquefaction projects come on stream, according to the LNG Shipping Market Annual Review and Forecast report publishe
Cairn Confirms Oil Presence in FAN-1 Well Offshore Senegal
Oil samples have been recovered in the FAN-1 exploration well being drilled offshore Senegal by FAR Ltd and its joint venture partners Cairn Energy PLC (Operator), ConocoPhillips and Petrosen – the Senegalese national oil company. Elevated gas and fluorescence were encountered in a shallow secondary
Container Carriers Bringing Down Carbon Emission
BSR’s Clean Cargo Working Group (CCWG) said in its latest annual CO2 emission performance data for the container shipping industry that on an average, its member carriers have reduced CO2 emissions per container transported in 2013 by 7.7%. 7.7% reduction of CO2 emissions per container in 2013 Cle
Alfa Laval pumps for world’s largest FPSO
The FPSO will be 330 meters long , 61 meters wide and 34 meters tall. It will be able to carry 2.3 million barrels of crude.
PetroSA scraps Mossel Bay FLNG plans
Following extensive research into the feasibility of establishing a Floating Liquified Natural Gas (FLNG) import terminal in Mossel Bay, PetroSA, South Africa’s National Oil Company (NOC), has resolved not to pursue the project in the Southern Cape. A study undertaken by the international profession
Ophir Moves Back to Exploration in Tanzania and Equatorial Guinea
Ophir Energy plc provides an update on its operations in Tanzania and Equatorial Guinea. Successful Mzia-3 flow-test The Mzia-3 appraisal well in Block 1, Tanzania was completed in November 2013 having successfully encountered gas in the main Lower and Middle sand targets. The well was located appro
Cairn hits oil offshore Senegal
Oil samples have been recovered in the FAN-1 exploration well being drilled offshore Senegal.
BG Group Mzia tests show LNG hub development potential
BG Group said the results from a recently completed second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, provided further support for a hub development to supply a potential onshore LNG project. The DST on the Mzia-3 appraisal well, drilled in approximately 1 80
Ophir Energy: FLNG still on, despite poor Tonel North-1 appraisal
Nick Cooper, CEO, commented: “The Tonel North-1 result has slightly reduced the size of the Tonel field but this remains a commercial asset within the overall 2.5mmtpa FLNG project.”
BG Group: Mzia results speak in favor of LNG hub in Tanzania
BG Group plc , a UK based oil and gas company, today announced that results from a recently completed second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, provided further support for a hub development to supply a potential onshore LNG project. The Drill Stem Te
Slow Week for Dry Bulk Newbuilds
A couple of orders to report in dry sector this week with Santoku Senpaku adding further Kamsarmax to their orderbook, this time for two firm 82,000 DWT bulk carriers at Tsuneishi Zosen with delivery in 2017, according to Clarkson’s Hellas S&P Weekly Bulletin. Navibulgar has also contracted four fir
RWE Dea starts gas production at CTP of Disouq in Egypt
RWE Dea said the production from the central treatment plant (CTP) of the Disouq development project in Egypt commenced at an initial rate of 45 million standard cubic feet gas per day. RWE Dea ramped up production progressively during the last few days to reach a rate of around 90 million standard