Africa
Global Shippers Issue Ebola Risk Guidance
Three global shipping organisations issued on Monday guidance to their members on the risks posed to ships’ crews calling in countries affected by the Ebola virus. The ICS (International Chamber of Shipping), IMEC (International Maritime Employers’ Council), and the ITF (International Transport Wo
EMAS AMC Boasts Its Subsea Order Intake
Ezra Holdings Limited, a provider of integrated offshore solutions to the oil and gas industry, today announced that its Subsea Services division, EMAS AMC, has been awarded several projects around the world worth close to USD 110 million, including options. The scope of work for the projects incl
Slim Carrier Financials Boost Container Leasing
The container leasing sector experienced another year of stellar growth in 2013 thanks to the continuing weakness of carrier financials, according to shipping consultant Drewry’s recently published Container Leasing report. Drewry forecasts that this trend will continue. The leased container fleet
EMAS AMC grabs contracts worth up to $110M
Ezra Holdings Limited, a contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that its Subsea Services division, EMAS AMC, has been awarded several projects around the world worth close to US$110 million, including options. The scope of work for
Quantum, Golar Join Forces on Ghanaian LNG Terminal
Golar LNG and the Ghanaian subsidiary of Quantum Pacific have teamed up on construction of a USD 500 million liquefied natural gas import terminal, according to Reuters Africa. The parties have signed a deal to build the terminal offshore the eastern port city of Tema. The terminal is expected to
Kenyan Lamu Port to Get First 3 Berths
Contracts for the construction of the first three berths at Kenyan Indian Ocean Lamu Port have been signed between Kenya Ports Authority and China Communication Construction Company. The value of the contracts is approximately USD 480 million. The signing ceremony was attended by the Kenyan Presiden
Report: Shell, Nigeria Gov’t do nothing to clean up Niger Delta pollution
Environmental organisations have launched a report in which they accuse Shell and the Government of Nigeria of a “shocking lack of action” with regards to the clean-up of pollution in the Niger delta. Friends of Earth Europe, Amnesty International, Environmental Rights Action, Platform and the Centr
TOC: Secretary General of ACS to Discuss Future Port Strategies
TOC Events Worldwide has announced that H.E Ambassador Alfonso Múnera, Secretary General of the Association of Caribbean States (ACS) will give a keynote address at the 14th edition of its TOC Americas conference and exhibition, taking place on October 14-16 in Cartagena, Colombia. This will be the
Kosmos returns to 2Q profit
Kosmos Energy Ltd. announced today financial and operating results for the second quarter of 2014, which included net income of $57 million, or $0.15 per basic and diluted share as compared with a net loss of $71 million, or $0.19 per basic and diluted share in the same quarter last year. As previou
CAMAC Hits Oil and Gas in Oyo Field (Nigeria)
CAMAC Energy Inc. has announced the preliminary results of a successful Oyo field development well offshore Nigeria in OML 120. The Oyo-8 well started drilling operations on June 15, 2014 and has both a vertical and a horizontal section. The vertical section was designed to test for additional hydro
CAMAC: Oyo-8 well hits oil (Nigeria)
“We are one step closer to bringing these two high-impact development wells on production” says Senior Vice President of Exploration and Production
Pinsent Masons: Sharp spike in oil & gas arbitration cases in 2013
A high oil price and global political unrest has led to a sharp spike in major oil and gas arbitration cases for settling complex multi-million pound legal disputes. Research by legal firm Pinsent Masons found a leading arbitration body had received double the number of energy related cases in 2013