Africa
Warming Planet Sees Ever Rising Sea Levels
In 2013, the vast majority of worldwide climate indicators—greenhouse gases, sea levels, global temperatures, etc.—continued to reflect trends of a warmer planet, according to the indicators assessed in the State of the Climate in 2013 report, released online on July 17th by the American Meteorologi
Harvest secures Ruche exploitation authorisation offshore Gabon
Panoro Energy ASA has announced the signing of a Declaration of Commerciality (DOC) and the award of an Exclusive Exploitation Authorisation (EEA) by the Gabonese Authorities covering four oilfields in the Ruche area, collectively called “Ruche”. The executed DOC and award of the EEA means that Ruch
Saipem Seals Conversion Deal for Two VLCCs
Saipem SA, France has signed a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million (USD $483.2 million) with Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard. Under the contract, the shipyard is responsible for the conversion of two Very Large Cr
Sembmarine gets FPSO conversion contract for Kaombo Project
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA, France for the conversion of two FPSOs for the Kaombo Project in Offshore Angola. Sembawang Shipyard was awarded this
Most popular articles of the week, July 14 – 20, 2014
Workers stuck on North Sea rig due to helicopter leak A crew consisting of 18 oil workers has been left stranded on a North Sea Ensco 102 rig when discovered that the helicopter, that was supposed to fly them home, is leaking fluid. Saipem bags two FPSO contracts in Brazil and Angola Saipem has [&
19 Migrants Die off Lampedusa, Italy
The Italian Navy has disclosed that nineteen people died in an effort to reach Italy on a boat carrying hundreds of migrants en route to the Italian island of Lampedusa, Reuters reports. The bodies were found in the hold of the boat, leading the Italian Navy to believe that the cause of death is c
Readers’ Pick of the Week (July 14-18, 2014)
VIDEO: Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat, Dockwise, a wholly-owned subsidiary of Royal Boskalis Westminster N.V., provides…Read more LPG Tanker Attacked by Pirates of
Top News – July 14 to 20, 2014
Boskalis Consortium Bags Singapore Port Expansion Contract Royal Boskalis Westminster N.V. (Boskalis) has in consortium been awarded work associated with the expansion of the Singapore Tuas Mega Port development. Experts Doubt Panama Canal Expansion Will Be “Game Changer” The expansion of the Pana
Tullow Buys Interest in Cooper Block, Plans to Carry Out Enlarged 3D Seismic Program
Eco (Atlantic) Oil & Gas Ltd. announces that it has executed a Farm-out agreement with Tullow Kudu Limited, a wholly owned subsidiary of Tullow Oil plc., pursuant to which Tullow has agreed to acquire up to a 40% working interest in Block 2012A, situated in the Walvis Basin, offshore Namibia (the “C
Tullow farms into Cooper Block off Namibia
Eco (Atlantic) Oil & Gas Ltd. has executed a Farm-out agreement with Tullow Kudu Limited, a wholly owned subsidiary of Tullow Oil plc., pursuant to which Tullow has agreed to acquire up to a 40% working interest in Block 2012A (Cooper Block) in the Walvis Basin, offshore Namibia. This Farm-In, in co
PTTEP opens new office in Mozambique
PTT Exploration and Production Public Company Limited or PTTEP held an office ceremony to unveil its new office in Maputo, the Republic of Mozambique. The ceremony was jointly presided by H.E. Esperanca Bias, Minister of Mineral Resources, Mozambique and Tevin Vongvanich, President and CEO of PTTEP.
Experts Doubt Panama Canal Expansion Will Be “Game Changer”
The expansion of the Panama Canal to accommodate a new generation of huge cargo ships is not likely to be “a game changer” for United States ports, John Reinhart, the CEO and executive director of the Virginia Port Authority, told an international audience of maritime economists in Norfolk on Wednes