Africa
Afren profit jumps 151 Pct
Afren delivered record revenues and cash flows in the period driven by strong production performance from the Ebok and Okoro fields, offshore Nigeria, benefitting from continued high oil prices. Net working interest production in the year increased to 47,112 boepd representing a like-for-like year-o
Shipowners in Danger from Spurious Oil Fraud Claims
Shipowners are possibly facing new dangers from criminal gangs making spurious oil fraud claims. The ‘victims’/fraudsters try to extort money from owners by bringing action against them for failing to deliver cargoes of oil they allegedly own. Such scams were previously confined to West Africa but n
Ophir Begins Gabon and Tanzania Operations, Bags Myanmar Licence
Ophir Energy plc has been provisionally awarded a block in the Myanmar offshore licensing round. Separately, drilling operations have now commenced on both the Affanga Deep-1 well on the Gnondo Block, offshore Gabon and the Taachui well on Block 1, offshore Tanzania. Nick Cooper, CEO, commented: “We
Polarcus Nadia Starts 3D Seismic Acquisition in OPL 310 Off Nigeria
Lekoil informed that MV Polarcus Nadia vessel has commenced the 3D seismic programme in OPL 310 offshore Nigeria. OPL 310 contains the Ogo discovery announced last year. The 3D seismic programme, designed by the partners in OPL 310 – Lekoil, Afren plc and Optimum Petroleum Development Ltd is located
Ophir drills offshore Gabon and Tanzania, gets licence in Myanmar
Ophir Energy plc has been provisionally awarded a block in the Myanmar offshore licensing round. Separately, drilling operations have now begun on both the Affanga Deep-1 well on the Gnondo Block, offshore Gabon and the Taachui well on Block 1, offshore Tanzania. Nick Cooper, CEO, commented: “We are
Rowan drillship first to achieve ABS’ ISQM notation
ABS, the leading provider of classification services to the global offshore industry, has achieved an industry first with the completion of the Rowan Companies’ Rowan Renaissance drillship. This newbuild, which was built in the Hyundai Heavy Industries (HHI) yard in Ulsan, South Korea, is the first
Polarcus begins seismic survey offshore Nigeria
Lekoil, the oil and gas exploration and development company with a focus on Nigeria and West Africa, provides an update on activities in OPL 310 offshore Nigeria. OPL 310 contains the Ogo discovery announced last year. The Polarcus vessel MV POLARCUS NADIA has started the 3D seismic programme, des
CAMAC Gets Ratification of Expanded Shallow Water Tano Block Agreement
The Parliament of the Republic of Ghana has ratified the Petroleum Agreement between the Government of the Republic of Ghana, Camac Energy Ghana Limited, the Ghana National Petroleum Corporation (GNPC), Base Energy Ghana Limited, and GNPC Exploration and Production Company Limited (GNPC Explorco) co
CAMAC gets go ahead on Tano Basin, offshore Ghana
CAMAC Energy Inc. has announced the Parliament of the Republic of Ghana has ratified the Petroleum Agreement between the Government of the Republic of Ghana, Camac Energy Ghana Limited, the Ghana National Petroleum Corporation, Base Energy Ghana Limited, and GNPC Exploration and Production Company L
TID Training Program for TNPA – Great Success
At the end of February, the Training Institute for Dredging (TID) successfully conducted a three-day training program for the Transnet National Ports Authority (TNPA) in Durban, South Africa. The program’s main focus was to provide harbour masters with valuable insights into the fundamentals of dred
MED PORTS 2014 Takes Place in Morocco
MED PORTS 2014 is the biggest annual Container Ports and Terminal Operations Exhibition and Conference event for the Mediterranean region – now in its 2nd successful year. The 2nd MED PORTS 2014 will take place for the first time in Marrakech, Morocco, at the luxurious 5 star Kenzi Farah Hotel, Marr
Azonto gets more time for Accra Block exploration
Azonto Petroleum (Ghana) Limited announces that it has been granted a six month extension to the current exploration period on the Accra Block in Ghana which now extends to the 23rd of September 2014. The extension of the exploration period will enable Azonto Ghana and its Joint Venture partner Afex