Africa
New Contracts for Seadrill’s Jack-Up Units
Seadrill Limited has secured new contracts for the jack-up units West Tucana, West Telesto, West Ariel, and West Prospero. Additionally, the contract for the West Mischief has been extended by four months. The total revenue potential for the four new contracts and one extension is approximately US$3
EU-Africa Summit an Opportunity to Highlight Piracy
The social partners of the maritime transport sector, ECSA (European Community Shipowners’ Associations) and ETF (European Transport Workers’ Federation), have issued a joint statement ahead of the EU-Africa summit, which takes place in Brussels from 02 to 03 April. ECSA and ETF seize this opportuni
Tullow Oil awards metocean assessment deals to BMT
BMT ARGOSS (BMT), a subsidiary of BMT Group, has announced the award of a number of metocean assessments for Tullow Oil Plc., including comprehensive overviews of meteorological and oceanographic conditions in West Africa and South America, to help support the company’s offshore oil and gas explorat
Tullow raising $500M to repay debt
Tullow Oil plc today announces that it intends to offer $500 million in aggregate principal amount of senior notes due 2022. The Notes, whose net proceeds will be used to repay certain existing indebtedness under the Company’s credit facilities (but not cancel commitments under such facilities), wil
IMO Regional Seminar Stresses Port Security to Reduce Stowaways
Port facilities need to further strengthen their capacities for surveillance and access control, in order to reduce the incidence of stowaways, participants at a regional seminar on stowaways in West and Central Africa agreed. The IMO Regional Seminar on Stowaways in West and Central Africa: Analysi
CAMAC Energy: CEO buys shares to demonstrate commitment
CAMAC Energy Inc. announced today that Kase L. Lawal, Chairman and Chief Executive Officer, has adopted a trading plan in accordance with the guidelines specified by Rule 10b5-1 under the Securities Exchange Act of 1934, to purchase up to two million shares in the open market at prevailing market pr
Drewry: Better Times to Come for Multipurpose Shipping Sector
Drewry’s latest Multipurpose Shipping Market Review and Forecaster report anticipates better times ahead for the sector following a tough 2013. Last year cargo demand for multipurpose and heavylift vessels was adversely impacted by determined competition from other shipping sectors. While cargo dema
OES Releases New Report on Ocean Energy Policies
The report Ocean Energy: Supporting Policies Review is part of the activities of the Annex I – Review, Exchange and Dissemination of Information on Ocean Energy Systems, of the Ocean Energy Systems (OES) work programme. By means of this report, the OES intends to emphasize the range of policy and fu
Video: Maersk Oil launches ‘Quest for Oil’ game tutorial
Maersk has launched a tutorial for its computer game called ‘Quest for Oil’. As the company has said, Maersk is taking the lead in an innovative way by using a video game to open up the oil business to everyone. Quest for Oil is the first game of its kind and with the convergence of […]
SapuraKencana bags Total Congo job. Wins multiple contract extensions
SapuraKencana Petroleum Berhad’s Drilling Division, SapuraKencana Drilling, has won a new contract and three contract extensions worth a total of US$454 million from new and existing blue chip clients in West Africa (Congo and Angola), Brunei and Thailand. The new contract in Congo, worth US$108 mil
The Girls Who Found Themselves at Sea…(Part 2)
Last week, in part 1, Worldwide Recruitment Solutions (WRS) discussed the factors that may attract young men and women to a career working out at sea. The women WRS spoke to are all in their twenties and working on a variety of vessel types, all over the world. They agreed that the benefits, for the
EU Naval Force Commander Visits ESPS ‘Relampago’
Force Commander of EU Naval Force (EU NAVFOR) Somalia Operation Atalanta, Rear Admiral Hervé Bléjean visited the Spanish Offshore Patrol Vessel, ESPS Relampago on March 16th. ESPS Relampago joined Operation Atalanta, the EU’s counter piracy mission in the Gulf of Aden and Horn of Africa region on 13