Africa
Seychelles Govt Approves Ophir Farm-In into WHL Energy’s Blocks
Australian energy company WHL Energy Limited informed that the Republic of the Seychelles has signed formal documentation approving Ophir Energy plc’s previously reported farm-in to WHL Energy’s large offshore Seychelles exploration position. Under the agreement Ophir is farming-in to earn a 75% int
WHL Energy’s Seychelles farm-out approved
Australian energy company WHL Energy Limited announced that the Republic of the Seychelles has signed formal documentation approving Ophir Energy plc’s previously reported farm-in to WHL Energy’s large offshore Seychelles exploration position. Under the agreement Ophir is farming-in to earn a 75% in
Heerema and Technip Win Kaombo Contract
The consortium, comprising Heerema Marine Contractors (Heerema) and Technip, was awarded a major lump-sum contract by Total E&P Angola for the engineering, procurement, construction, installation (EPCI) and pre-commissioning for the SURF (subsea umbilicals, risers and flowlines) part of the Kaombo p
Technip, Heerema Awarded $3.5 Bln Subsea Contract by Total
Technip and Heerema Marine Contractors, have signed a major lump-sum contract with Total E&P Angola for the engineering, procurement, construction, installation (EPCI) and pre-commissioning for the SURF (subsea umbilicals, risers and flowlines) part of the Kaombo project, located in Block 32 offshor
Technip, Heerema secure $3.5B Kaombo contract from Total
Technip and Heerema are taking part in the development of Total’s Kaombo project offshore Angola. The consortium, comprising Technip and Heerema Marine Contractors (Heerema), was awarded a major lump-sum contract by Total E&P Angola for the engineering, procurement, construction, installation (EPCI)
Total Gabon: Profit falls on high exploration costs
Total Gabon, a subsidiary of the French oil company Total, reported a drop in net profit for the full year 2013. Net income amounted to $302 million in 2013, down 8% from $330 million a year earlier. The company explained that the contraction stemmed from increases in exploration spending, depreciat
Seamec Secures Contract Extension for DSV “Alliance”
Seamec Limited and Sea Horse General Contracting Establishment, UAE, Dubai, have extended the charter hire contract for the diving support vessel “Alliance”. The contract has been extended until April 30, 2014. The vessel, which is under bareboat charter with Seamec, will be working in offshore Egyp
EnerMech goes shopping in USA and South Africa
Oil and gas engineering specialist, EnerMech, has extended its international presence in the cranes and lifting and valves sectors with two acquisitions in the USA and Africa. The combined value of the deals is said to be approximately £4 million and are forecast to add an extra £25 million to group
IMB Warns about New Charter Party Fraud Tactics
The ICC International Maritime Bureau (IMB) has warned of new charter party fraud incidents and is advising that all counterparties be investigated before deals are carried out. The warning comes after a case where a voyage charterer received payment for freight but failed to pass this on to the shi
Tangiers appoints MD
Tangiers Petroleum Limited has appointed David Wall as Managing Director with immediate effect.
Aker Solutions Nets $2.3 Bln Subsea Equipment Contract in Angola
Aker Solutions won a contract worth $2.3 billion from Total to provide a subsea production system for the Kaombo Block 32 development in Angola. Aker Solutions will deliver 20 subsea manifolds and 65 vertical subsea wellsets. The order also includes associated controls as well as work-over and tie-i
Aker Solutions awarded $2.3B Kaombo subsea contract (Angola)
Aker Solutions secures a contract worth $2.3 billion from Total to provide a subsea production system for the Kaombo Block 32