Africa
Transocean nets $953M in drilling contracts
Transocean Ltd. has, since April 17, received new drilling contracts valued $953 million in total. In its fleet status report, the drilling contractor said that its Dhirubhai Deepwater KG1 drillship was awarded a three year contract offshore Brazil at a dayrate of $440,000 ($482 million estimated ba
Kenya Grants Pancontinental One Year L10B Exploration Extension
Pancontinental Oil & Gas NL has advised that the Government of Kenya has granted a 12-month extension to the current Initial Exploration Period of the L10B offshore licence. Following the current Period (as extended), the joint venture can then elect to move into the First Additional Exploration Per
Pancontinental in search for L10B drilling partner (Kenya)
Pancontinental Oil & Gas NL has informed the Government of Kenya has granted a 12-month extension to the current Initial Exploration Period of the L10B offshore licence. Following the current Period (as extended), the joint venture can then elect to move into the First Additional Exploration Period
Ackermans & van Haaren: Good Start in 2014 for DEME
Ackermans & van Haaren, a diversified group active in 5 key segments: Marine Engineering & Infrastructure, Private Banking, Real Estate, Leisure & Senior Care, Energy & Resources and Development Capital, has announced its interim financial report for the first quarter of 2014. Marine Engineering & I
BG Sees Only One or Two Cargoes from Egypt in 2014
LNG player BG Group does not expect more than one or two LNG cargoes out of Egypt in 2014, the company’s Chairman Andrew Gould said on Thursday. Gould also said he did not expect BG to make any significant progress in its talks with Egypt on higher prices for gas which Egypt is diverting to its dome
Vessel Sharing Agreement for NileDutch and CMA CGM
Two leading container shipping lines, NileDutch and CMA CGM, have concluded a vessel sharing agreement (VSA) for services from South America to West Africa. This agreement will take effect in late May, and will enable both companies to offer their customers a better and more efficient service. Initi
Ophir Plans Drilling Up to Further 10 Wells in 2014
Ophir Energy plc provides an Interim Management Statement and Operational Update for the period 1 January 2014 to 15 May 2014. Corporate Highlights – Completed the sale of a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy. The Company received US$1,255million in cash including complet
SapuraKencana nets several contracts worth $312M
Malaysian oilfield services provider SapuraKencana has secured several new contracts through its subsidiaries. The total value of the contracts is $312 million.
HMAS Darwin Seizes $132 Mln of Drugs off Somalia
HMAS Darwin operating in the Indian Ocean in international waters, 40 nautical miles off the east coast of Somalia, intercepted a suspected drug smuggling dhow on 13 May 2014, seizing 449 kilograms of heroin with an estimated street value of $132 million dollars. Darwin’s Commanding Officer, Command
Dredging to Bring Larger Vessels to Nigerian Ports
The Nigerian Ports Authority said it will continue the dredging of Nigerian waterways to enable more big vessels to call at the nation’s ports. The Managing Director of NPA, Mallam Habib Abdullahi, disclosed this during the inaugural call of West Africa Maximum (MAFWAS) to Onne Port in Rivers State.
EXCLUSIVE: Interview with Dragflow Export Manager
Dragflow S.r.l. is a world player in solid pumping solutions with over 25 years of experience in manufacturing heavy duty pumps and complete dredging equipment. Hereby we are bringing you an exclusive interview with Mr. Massimo Contri, Export Manager of Dragflow, who provided us with invaluable insi
Boat Accidents’ Death Toll in the Mediterranean Raises Concern
The UN refugee agency on Tuesday said it was deeply saddened at a rising death toll from boat accidents in the Mediterranean Sea this year as increasing numbers of asylum-seekers and refugees make the journey on unseaworthy boats, often at the hands of ruthless smugglers. UNHCR spokesman Adrian Edwa