1205 results found for 'Libya'

1205 results found for 'Libya'
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  • Mediterranean Oil & Gas Signs Extension of Exploration Period for Offshore Malta Blocks

    2 June 2011
    Business & Finance

      Mediterranean Oil & Gas Plc. announced that the Company has signed an agreement with the Government of Malta to extend the first exploration phase of the Production Sharing Contract (“PSC”) for offshore Malta Area 4 (Blocks 4, 5, 6, 7), by 18 months to January 18, 2013. In addition, the Company is in advanced […]

  • Thousands of Firearms, Ammo Found on Freighter Arrested off Crete

    3 September 2015

    Greek authorities have discovered two containers carrying undocumented ammunition and firearms on the general cargo ship Haddad 1 which was arrested off Crete while en route to Libya, the Hellenic Coast Guard (HCG) reports. As World Maritime News reported earlier, the freighter was arrested along with its seven crew members on Tuesday some 20 nautical miles […]

  • Shipowners Want More Money to Call at Libyan Ports

    22 August 2014

    Reopening of the Libyan ports Ras Lanuf  and Es Sider that were blocked for about a year by federalist rebels, along with the restart of crude oil transport  will see a spike in Mediterranean Aframax freight rates, according to Platts. The first cargoes have already been shipped from the two ports and more crude is […]

  • Libyan Forces ‘in Control’ of North Korean-Flagged Tanker

    11 March 2014
    Business & Finance

    Libyan Navy has taken full control of a North Korean-flagged tanker that loaded crude oil at the rebel-controlled eastern terminal of Sidra port, the government officials reported on Monday. According to the local media, the tanker named Morning Glory was surrounded by the Libyan naval forces while trying to leave the port. Latest reports from […]

  • Oil Firms Still Interested in North Sea Despite Tax Hike, Amec Says

    29 August 2011

    The company, which builds infrastructure of the energy and mining industries, is also poised to re-enter Libya, saying it wanted to play … By Rowena Mason (The Telegraph) [mappress] Source:The Telegraph , August 29, 2011;  

  • Rana Wraps Up FSO Gaza Diving Job for Emas

    9 November 2016
    Business & Finance, Operations & Maintenance

    Italian diving specialist Rana has completed diving campaign for Emas for the installation and hook-up of the new FSO Gaza at Bouri Field offshore Libya. The FSO Gaza will replace the FSO Sloug at Bouri field located 120 kilometers north of the Libyan coast in the Mediterranean Sea in water depths between 145 – 183 meters. The diving […]

  • 13 Tons of Marijuana Seized on Board Cargo Vessel

    8 January 2016

    Over 13 tons of marijuana were seized from a Bolivia-flagged general cargo vessel Joudi some 55 nautical miles off Tobruk, Libya, on January 5, Commander of Turkish Coast Guard Rear Admiral Hakan Üstem said at a press conference. The seizure was conducted as part of the anti drug operation Albatros. The vessel, crewed by 10 people, was sailing along the Egyptian and […]

  • Tanker Hijacked by Migrants Reaches Malta

    28 March 2019

    A tanker which was hijacked by migrants in Libyan waters has arrived at a port in Malta.

  • Trump’s New EO Gives Headaches to Seafarers

    7 March 2017

    Crew members who are nationals from Iran, Libya, Somalia, Sudan, Syria and Yemen shall be denied entry to US ports unless they hold a valid visa, according to the new executive order issued by US President Trump. The new executive order “Protecting the Nation from Foreign Terrorist Entry into the United States” was issued on 6 March 2017 […]

  • Poten: African Sweet Crude Oil Exports Expected to Grow

    11 February 2019

    Low sulphur – the majority of African crude oil exports – to become ‘increasingly desirable’.

  • Italy May Have Found Boat that Killed 900 Migrants

    8 May 2015

    Italy’s Marina Militare published images of what they believe is the wreck of the ship that sank off Libya on April 18, killing up to 900 migrants in what could be the biggest loss of life involving refugees and migrants in the Mediterranean. The Italian Navy used two minesweepers and a smaller navy vessel fitted with sonar […]

  • 400 Missing After Boat Capsizes in the Mediterranean

    15 April 2015

    Italian naval forces are searching for as many as 400 people, many of whom are thought to be unaccompanied children, missing after a boat carrying 550 people capsized 24 hours after departing Libya, Save the Children reports. The children’s charity warns that more landings are expected as instability continues in Libya, raising concerns that many […]

  • Parker Drilling Announces New Contracts for Six Rigs in International Markets

    27 March 2007

    Parker Drilling Company (NYSE: PKD) announced today the award of new contracts for six of the Company’s international land rigs to certain subsidiaries operating in Libya, Mexico and Kazakhstan. Of the six rigs fulfilling these contracts, five are mobilizing from inactive status.

  • GECF Meeting to Be Held in Teheran (Iran)

    28 October 2013

    The 15th ministerial meeting of Gas Exporting Countries Forum (GECF) is scheduled to be held on November 3 in Tehran to pick a new secretary general. The meeting of the 13-member body, to which four countries have observer status, will also discuss gas market, financial and administrative issues, 2014 budget and the agenda of its […]

  • U.S. Forces in Control of Libyan Tanker

    17 March 2014
    Business & Finance

    A team of U.S. Navy SEALs has taken over control of the seized tanker Morning Glory, the Pentagon officials said this morning. The operation, approved by the U.S. President Obama, was carried out last night around 2am GMT upon the request of the Libyan and Cypriot governments. “No one was hurt tonight when U.S. forces, at the […]

  • IMO Welcomes UN’s Resolution on Migrant Smuggling in the Mediterranean

    14 October 2015
    Rules & Regulation

    IMO Secretary-General Koji Sekimizu has welcomed the adoption by the United Nations Security Council of a UN Security Council resolution which authorizes UN Member States to intercept vessels suspected of migrant smuggling off the Libyan coast. UN Security Council Resolution 2240 (2015), adopted on October 9, authorizes UN Member States, for a period of one […]

  • IMO Welcomes UN’s Resolution on Migrant Smuggling in the Mediterranean

    14 October 2015
    Rules & Regulation

    IMO Secretary-General Koji Sekimizu has welcomed the adoption by the United Nations Security Council of a UN Security Council resolution which authorizes UN Member States to intercept vessels suspected of migrant smuggling off the Libyan coast. UN Security Council Resolution 2240 (2015), adopted on October 9, authorizes UN Member States, for a period of one […]

  • NOC Blocks Vessel from ‘Illicit’ Loading

    25 April 2016
    Business & Finance

    Libya’s National Oil Corporation (NOC) has prevented an attempt from the parallel Beida government aimed at loading oil in a tanker at Tobruk’s Hariga terminal, claiming the export cargo was illicit. The company chairman Mustafa Sanalla said that its subsidiary Agoco was instructed on April 21st by a Beyda official to load a ship at Marsa el-Hariga. As disclosed by NOC, a document […]

  • ConocoPhillips Earnings on the Rise

    31 October 2013

    ConocoPhillips today reported third-quarter 2013 earnings of $2.5 billion, or $2.00 per share, compared with third-quarter 2012 earnings of $1.8 billion, or $1.46 per share. Excluding special items, third-quarter 2013 adjusted earnings were $1.8 billion, or $1.47 per share, compared with third-quarter 2012 adjusted earnings of $1.7 billion, or $1.38 per share. Special items for […]

  • Libyan Coast Guard Fires upon Tanker Suspected of Fuel Smuggling

    9 October 2017

    The Libyan Coast Guard has opened fire on a tanker suspected of smuggling Libyan fuel, the Coast Guard said on Saturday, October 7. The Comoros-flagged oil products tanker, identified as Goeast, is reported to have refused to obey instructions from the Coast Guard when approached on Friday while underway near Bukhamash, west of Zuwarah. The […]

  • Ocean Installer Catches Al Jurf SURF

    20 June 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Ocean Installer has been awarded a SURF project at the Al Jurf oil field in the Mediterranean. The Al Jurf oil field is located about 150 km northwest off the coast of Tripoli, Libya, at a water depth of approximately 80-90 meters. The field is operated by Mabruk Oil Operations, a joint venture (JV) between […]

  • Hess shrinks loss despite lower output

    28 January 2021
    Business & Finance, Business Developments & Projects, Exploration & Production

    U.S. oil and gas company Hess Corporation managed to reduce its loss in the last quarter of 2020 compared to the prior-year period despite lower production.

  • Marathon Oil swings to profit

    3 May 2018

    Houston-based energy company and operator of the Equatorial Guinea LNG plant, Marathon Oil, swung to a first-quarter profit as its production increased. 

  • USA: Halliburton Breaks Record with 1Q 2011 Revenue of USD 5.3 Billion

    18 April 2011
    Business & Finance

    Halliburton (announced today that net income for the first quarter of 2011 was $557 million, or $0.61 per diluted share, excluding the Libya charge of $46 million, after-tax, or $0.05 per diluted share, related primarily to reserving certain assets as a result of recent political sanctions.   This charge does not include the operating losses incurred in Libya during the […]

  • Southeast Asia Remains Main Piracy Hotspot

    9 July 2015
    Business & Finance

    Southeast Asia continues to dominate maritime crime incidents globally, with 120 reports of piracy and maritime crime instances occurring in the region since 1st January 2015, an increase of 22% compared to the first six months of 2014, according to Dryad, the UK’s maritime intelligence company. Of these reported incidents, 12 were vessel hijackings – an […]