Africa
IRENA Explores Potential of Four Ocean Energy Technologies
The International Renewable Energy Agency (IRENA) has published a series of technology papers exploring the potential for power generation and other sustainable applications from ocean energy. The papers cover the main features and current status of four technology types: tidal energy; wave energy;
Nigeria: Seadrill Bags Drillship Contract from Exxon
Seadrill Limited, in cooperation with indigenous partner Field Offshore Design Engineering Nigeria Limited has secured a contract with Esso Exploration and Production Nigeria Limited, an ExxonMobil subsidiary, for employment of the newbuild ultra-deepwater drillship West Saturn, in support of the ER
China’s Trade Surplus Positive Sign for Shipping
China recorded a trade surplus of USD 47.3 billion in July 2014. The record high surplus came on the back of very strong export growth while imports contracted. The world’s second largest economy saw its overseas shipments increase by 14.5% in July as compared to same month last year, as reported by
Woodside to explore offshore Gabon
LNG player Woodside of Australia has acquired a 40% participating interest in an exploration, exploitation and production sharing contract (EEPSC) for Block F15 in the Gabon Coastal Basin. Block F15 is located 140 km off the south-western coast of Gabon and covers over 2,700 km². Water depths range
Exxon hires Seadrill’s drillship for project offshore Nigeria
Seadrill in cooperation with indigenous partner Field Offshore Design Engineering Nigeria Limited has secured a contract with Esso Exploration and Production Nigeria Limited, an ExxonMobil subsidiary, for employment of the newbuild ultra-deepwater drillship West Saturn, in support of the ERHA North
Readers’ Picks of the Week (Aug 4 – 10, 2014)
Egypt to Build New Suez Canal Egypt is looking to build a new Suez Canal parallel to the existing one in a USD 4 billion project aimed at boosting the trade along the Canal, which offers the fastest …Read more Exclusive: Workers Left High and Dry as GoAGT Goes Insolvent Maritime security company GoA
Most popular articles of the week, August 4 – 10, 2014
Biggest jack-up in the world, first female director, video of offshore installation, bribery, project delays etc.
Top News – August 4 to 10, 2014
Thordon Equipment Shows Great Results on DEME’s “D’Artagnan” Water lubricated Thordon Composite cutterhead shaft bearings have performed well for 9 years on one of the largest cutter suction dredgers in the world – Dredging, Environmental and Marine Engineering N.V. (DEME)’s D’Artagnan (28,200 kW to
Top news of the week August 4-8, 2014
BG: US LNG exports could reach up to 70 mtpa by 2025 LNG player BG Group believes that the US could become an exporter of 60 to 70 mtpa of LNG by 2025, Andrew Walker, the company’s Vice President of Global LNG said. Quantum, Golar in USD 500 Mln LNG terminal deal Quantum Pacific’s subsidiary [&helli
Gulf of Guinea Pirates Adopt New Tactics
In the early hours of Saturday, August 9, 2014, the radar of a product tanker transiting south, 200 nautical miles off the Nigerian shoreline detected a probable pirate mother ship lying in wait close to its track. Shortly after detecting the vessel, the crew was engaged by several bursts of automat
Maersk Undeterred by Ebola?
Maersk Line will not stop calling at West African ports stricken by the Ebola virus. However, the company said it would suspend shore leave, as well as crew changes in Nigeria, Liberia, Sierra Leone and Guinea, Lloyd’s Loading List reports. The decision coincides with World Health Organization (WHO)
Top 10 Most Expensive Cruise Ships Ever Built
A cruise ship is a passenger ship used for pleasure voyages. The voyage is a part of experience, as well as the different destinations along the way. Transportation is not the prime purpose, as cruisers operate mostly on routes that return passengers to their originating port. There are even “cruise