Africa
EU Urges Libya to Prevent Migrant Tragedies at Sea
In the wake of the recent sinking of a migrant boat off the Libyan coast which took the toll of dozens of lives, the European Union (EU) called on the Libyan authorities to intensify their efforts to prevent more tragedies in the future, as Prime Minister Abdullah Al Thinni committed himself to do o
Contact Group on Piracy off Somalia Meets Today in New York
The Contact Group on Piracy off the Coast of Somalia (CGPCS) will hold its Sixteenth Plenary Session at the UN Headquarters in New York today, 14th of May 2014, under the Chairmanship of the European Union. The meeting will focus on three major policy areas: (i) capacity building in the region off t
Evolving Demand Brings About Recovery of Spanish Exports
The Export Situation Survey corresponding to the first quarter of 2014 reveals ongoing growth in exports, the Spanish Government said. The Synthetic Index of Export Activity (Spanish acronym: ISAE) stood at +24.7 points – the highest value since the first quarter of 2007 (+28 points) – and posted si
Additional $44 Tln Needed for Clean Energy by 2050, Says IEA
Electricity will increasingly power the world’s economies in the 21st century, rivalling oil as the dominant energy carrier, according to a new report by the International Energy Agency. Actively managing this transformation is the only way to meet global energy security and climate goals economical
Additional $44 Tln Needed for Clean Energy by 2050, Says IEA
Electricity will increasingly power the world’s economies in the 21st century, rivalling oil as the dominant energy carrier, according to a new report by the International Energy Agency. Actively managing this transformation is the only way to meet global energy security and climate goals economical
RPS provides updated CPR for Azonto’s Gazelle field (Ivory Coast)
Azonto has announced the completion of an updated Resources Report (Competent Persons Report or “CPR”) for Block CI-202 offshore Cote d’Ivoire prepared by RPS Energy Services Pty Ltd (“RPS”) on behalf of Vioco Petroleum Ltd, Azonto’s 35% owned affiliate, as operator of the block. The new CPR updates
Tangiers raising cash for drilling ops in Morocco
Tangiers Petroleum Limited has resolved to place A$5 million worth of shares, before costs, through the private placement of 31.25 million shares to specified wholesale, institutional and sophisticated investors at A$0.16 per share (“Placement”) in Australia, the United Kingdom and Hong Kong. The
‘Polarcus Nadia’ Wraps Up 3D Seismic Survey in Aje Field (Nigeria)
Panoro has announced the completion of a 3D seismic survey over OML 113 license in Nigeria. The Polarcus vessel MV Polarcus Nadia started data acquisition on March 24, 2014 and completed shooting on May 9, 2014. The survey was acquired in conjunction with the neighbouring OPL 310 with Afren and cove
Polarcus completes seismic survey in Nigeria
Panoro has announced the completion of a 3D seismic survey over OML 113 license in Nigeria.
CMA CGM Group Adds More Capacity to Its ASAF Service
The CMA CGM Group is improving its ASAF service which will deploy 12 vessels of 5,700 containers (TEU) in direct service to West Africa starting May 9th thus becoming the first carrier with vessels of this capacity to call West Africa directly. “With the 5, 700 containers (TEU) vessels calling West
Statoil Divests Its Interest in Block 15/06 Offshore Angola
Statoil is divesting its 5% participating interest in the ENI-operated block 15/06 offshore Angola to the concessionaire Sonangol E.P. The transaction, subject to customary closing conditions, includes a consideration of $200 million and an effective date of 1 January 2013. “This transaction is part
Hoegh LNG Inks LOI with Egas for Egypt FSRU
Höegh LNG (HLNG ) said that it has signed a letter of intent (LOI) with Egyptian Natural Gas (Egas) for the use of one of its FSRUs under construction at Hyundai Heavy Industries as an LNG import terminal in the port of Ain Sokhna, located on the Red Sea’s Gulf of Suez. The FSRU will be moored at a