Woodside has finalised an agreement with Noble Energy and Glencore to farm in to the Tilapia Production Sharing Contract (PSC) off the coast of Cameroon.The 3875 km² block is located within the Douala Basin, offshore southwest Cameroon in water depths ranging from the shoreline to 1100 m…
Energy demand in South East Asia is expected to grow at twice the rate of the rest of the world. DNV GL has appointed Arve Johan Kalleklev regional manager for Oil & Gas in South East Asia just as the company is establishing a dedicated LNG and Gas Consulting unit in Singapore…
Ferguson Group announced the appointment of Richard Smith to lead its executive team. This appointment follows on from the acquisition of Ferguson Group by the global supply-chain logistics company, Brambles Limited, in September 2014. Richard…
The future of EU–China relations, the country’s investment in Europe as well as sustainable growth and environmental protection in the Chinese economy were just some of the topics on the agenda at the 6th Hamburg Summit last weekend. To foster…
Avisar Paz, the chief financial officer of Israel Corp, will take over as the conglomerate's chief executive once its reorganisation is complete, the company said on Monday.Israel Corp is planning to spin off some of its less profitable…
Drydocks World signed an agreement today with Petrofac to build the BorWin3 high voltage direct current (HVDC) converter platform in the North Sea, named BorWin gamma. When completed, this will provide an essential renewable offshore resource to meet increasing energy demands…
Mr Lui Tuck Yew, Minister for Transport, Singapore, will conduct SGMF’s Global Launch on Stand No. 33 on Wednesday 15th October 2014 at 10.15am in connection with SIBCON 2014 confirms SGMF’s Brand, Marketing and Membership Manager, John Saunders…
Oil and gas explorer and producer Samson Energy Company LLC is selling its offshore Gulf of Mexico assets that could fetch more than $1 billion, according to people familiar with the situation.The Tulsa, Oklahoma-based company has tapped Jefferies LLC…
Morgan Stanley said on Friday that there is 'no assurance' a deal to sell its physical oil trading business to Russian oil company Rosneft will close.The Wall Street bank cited a contractual requirement to get regulatory approvals by year end…
Sierra Leone is aiming to increase its power capacity tenfold by 2017, a plan the energy minister said should be driven by foreign investors despite the outbreak of Ebola and a history of bureaucratic difficulties.Sierra Leone has recorded…
Kenya is yet to decide whether to turn east Africa's only oil refinery into an oil storage facility or pay for its upgrade after buying the remaining 50 percent stake from India's Essar Energy, the energy minister said on Friday.Fuel…
Uganda will auction new oil exploration acreage by December and compensate land owners at the site of a planned crude oil refinery, a government official said on Friday.Investor interest in Uganda's hydrocarbons potential has been growing…
Saqr Port Authority has advised that, with effect from 16 October, new procedures will come into force for personnel attendance Off Port Limits (OPL).Documents required for OPL Mina Saqr personnel attendance (less than 3 days) for Operations…
Harvey Gulf, a strong driver in the U.S. OSV market and a true leader in the incorporation of LNG-as-fuel in marine vessels, announced that it establishing Harvey Gulf International Marine de Mexico S.A.P.I. de C.V. Recently approved changes…
SGX Mainboard-listed Swissco Holdings Limited announced it has secured three chartering contracts with options worth US$17.3 million. The offshore support vessels, comprising two new workboats and one anchor handling tug supply vessel, will be deployed in the Middle East under the contracts…
