Africa
Pancontinental: Second 2D survey off Namibia ends
Pancontinental Oil & Gas NL advises that a second seismic survey acquisition of 1,000km of 2D data has now been completed within its highly prospective offshore acreage in licence area EL 0037 offshore Namibia, southwest Africa. The 2D acquisition extends to the south beyond a recently completed 3D
Polarcus Concludes EL 0037 2D Survey for Pancontinental
Pancontinental Oil & Gas NL has advised that a second seismic survey acquisition of 1,000km of 2D data has now been completed within its highly prospective offshore acreage in licence area EL 0037 offshore Namibia, southwest Africa. The 2D acquisition extends to the south beyond a recently completed
Most popular articles of the week, April 21 – 25, 2014
Read about new rig contracts, big offshore jackets, Guinness World Record offshore units, new joint ventures, scrapped contract..
Top News – April 21 to 27, 2014
Liverpool2 to Become UK’s Largest Transatlantic Deep-Sea Port Peel Ports Group has awarded a multi-million pound contract to Shanghai-based Zhenhua Heavy Industries Co (ZPMC) to supply state-of-the-art ‘mega’ container cranes for its new Liverpool2 development. USA: Oregon Inlet Emergency Dredging
Evergreen Line Enhances Red Sea Service
In preparation for the coming peak season, Evergreen Line is implementing service enhancements for the Red Sea market. The carrier will adjust the port rotation of its Far East – Red Service (FRS) and launch a new feeder loop. In addition, the line intends to further strengthen its Red Sea service n
Fearnleys Shows Slight Market Recovery
Over the last week, 62 firm newbuilding orders have been reported, according to Fearnleys. Optional vessels are being declared in all segments as newbuilding prices are still firming. Vogemann has declared their option for another 4 Newcastlemax vessels from JES. Price reported to 53 mill USD, which
Genel aims to raise $400M for field development
Genel Energy plc intends to issue $400 million in aggregate principal amount of senior unsecured bonds maturing in 2019. The oil explorer, run by former BP CEO Tony Hayward, said it would employ net proceeds from the Bonds towards a combination of field development costs as well as general corporate
Van Oord Posts Its 2013 Annual Report
Van Oord, a leading international contractor specialising in dredging, marine engineering and offshore projects, published its annual report 2013 today. “Our company had a better year in 2013 than in 2012. We closed the year with the slightly lower turnover of EUR 1,641 million (2012: EUR 1,676 mill
NPA: Positive Impact of PPP on Nigerian Ports
The Managing Director of Nigerian Ports Authority (NPA) Malam Habib Abdullahi has recently identified efficient port services and upsurge in cargo throughput in the nation’s seaports as some of the positive impact of the Public Private Partnership (PPP) in the nation’s ports. He also identified a re
Tullow: No Hydrocarbons at Tapendar-1 Well (Mauritania)
Tullow Oil plc (Tullow) announces that the Tapendar-1 exploration well in the C-10 licence, offshore Mauritania, has not encountered hydrocarbons and the well is being plugged and abandoned. Tapendar-1 is the second exploration well in Tullow’s Mauritania exploration campaign, following the Frégate-
Tullow: No oil at Tapendar-1 well, offshore Mauritania
Tullow Oil plc today announces that the Tapendar-1 exploration well in the C-10 licence, offshore Mauritania, has not encountered hydrocarbons and the well is being plugged and abandoned. Tapendar-1 is the second exploration well in Tullow’s Mauritania exploration campaign, following the Frégate-1 w
New 374F and 390F Hydraulic Excavators from Caterpillar
Caterpillar has introduced its new Cat® 374F and 390F hydraulic excavators, which will include low fluid consumption for minimal operating costs, optimum operator comfort, easy serviceability, and class-leading productivity. With respective net power ratings of 352 kW and 391 kW, the Cat C15 ACERT™