Africa
Circle Oil spuds its first offshore well (Tunisia)
Circle Oil Plc has started drilling of the well EMD-1 on the offshore Mahdia Permit using the drillship PetroSaudi Discoverer. The well is located within the vicinity of many producing fields, including the Tazerka, Birsa, Oudna, and Halk El Menzel oil fields, and the Maamoura gas field. The well is
Norway to Build $80m Research Vessel
Norway is to build one of the most advanced research vessels in the world as part of an ongoing project with the Food and Agriculture Organization of the United Nations (FAO) to support developing countries improve the management of their fisheries. The new $80m research vessel Dr Fridtjof Nansen wi
VAALCO CEO becomes Chairman of the Board
VAALCO Energy, Inc. today announced that the Board of Directors has appointed Steven P. Guidry, VAALCO’s Chief Executive Officer, to the additional role of Chairman of the Board. VAALCO also announced that the Board has determined that James B. Jennings will continue in his current role as Lead Dire
Greek Shipping Market Draws Global Attention
As the Greek fleet expansion programme continues unabated, the world’s vessel registries are vying for the attention of the Greek owners and a slice of the 370 vessel deliveries they expect by 2016. A total of 28 vessel registries participated at Posidonia 2014, hoping to attract the attention of Gr
MCTAYS Now Distributor of Doosan Engines
MCTAYS, the shipbuilding subsidiary of HS Ocean Holdings (HSOH), has signed an agreement to distribute Doosan Marine Diesel Engines in the UK, Nigeria, Gabon and Congo. Doosan is recognised as a global leader in the production of marine diesel engines. MCTAYS will supply both mechanical engines and
Most popular articles of the week, June 2 – 6, 2014
Most popular offshore news of the week
Top News – June 2 to 8, 2014
Boskalis Bags USD 95 Mln Worth of Contracts in UK and Sweden Royal Boskalis Westminster N.V. (Boskalis) has acquired two contracts in the United Kingdom and Sweden. Brazil Needs Assistance for $1.5 Bln Dredging and Seaport Improvements Brazil asked for assistance from U.S. and foreign companies to
MMF Approves $1.8bn for Newbuilds and Shipyards, Brazil
The Board of Directors of Brazil’s Merchant Marine Fund has a approved financial package worth approx $1.8 billion that will be used to support the construction of new ships and an upgrade of the country’s three shipyards. The decision for funding 14 domestic companies it a total amount of R$ 4,2 bi
Port Expansion Feasibility Study Needed for Port Victoria, Seychelles
The existing quay of Port Victoria, the main port of the Seychelles and the only port that can handle the import and export of goods for the country, is in need of urgent repair work. The port is facing congestion due to the high demand for the limited berthing space available. Due to these issues,
Baker Hughes: Offshore rigs in May down by 1
Baker Hughes Incorporated announced today that the international rig count for May 2014 was 1,350, up 1 from the 1,349 counted in April 2014, and up 67 from the 1,283 counted in May 2013. The international offshore rig count for May 2014 was 326, down 3 from the 329 counted in April 2014, and down [
Contract for Ocean Rig Skyros Signed
Ocean Rig, a global provider of offshore deepwater drilling services, and Total E&P Angola have signed definitive documentation for the 6 year contract for ultra deepwater drillship Ocean Rig Skyros. Ocean Rig Skyros, built at Samsung Heavy Industries Shipyard in South Korea, is 7th generation deepw
SeaBird Wraps Up Somalia 2D Survey
Soma Oil & Gas Exploration Limited, the Somalia focused oil and gas exploration company, has completed its offshore seismic acquisition programme which started in February 2014. The seismic acquisition programme was carried out by SeaBird Exploration (“SeaBird”) and concluded in June 2014 with over