The field will produce 4.5 million scm/day of gas which will contribute about 8,500 boe/day to Eni’s equity share production. Eni has started gas production from the Tuna field, within the Temsah Concession, which is located in the Mediterranean off the coast of Egypt. By the end of its ramp-up peri
Argentina’s natural gas imports more than doubled last year, to 2.66Bm3 from 1.3Bm3 in 2008, according to Opec’s 2009 statistics bulletin… [mappress] Source: bnamericas, July 19, 2010;
The American company Black&Veatch is reviewing the possibility of building a liquified gas terminal in Zakarpattya Region, Ukraine, the… [mappress] Source: oilandgaseurasia, July 19, 2010;
VAALCO Energy, Inc. provided an update on the Southeast Etame No. 1 exploration well which, as previously announced, was drilled to a total depth of 9,045 feet (2,757 meters) offshore Gabon encountering approximately sixteen feet (five meters) of Gamba sandstone section which logged oil full to base
Seadrill informs that the ultra-deepwater semi-submersible rig West Orion has commenced drilling operations for Petroleo Brasileiro S.A – Petrobras offshore Brazil. West Orion, which was delivered from Jurong Shipyard in Singapore on April 20 this year, arrived offshore Brazil in early July and has
RWE Dea, the gas and oil exploration and production unit of German utility RWE AG, said Monday it will jointly invest $9 billion in the development of two offshore gas fields in Egypt with project operator BP PLC (BP). The investment will be made for the development of the North Alexandria and West
Last Wednesday, Defence Minister Peter MacKay was in Halifax, along with Public Works and Government Services Minister Rona Ambrose, to trumpet a major shipbuilding contract. The price tag alone — approximately $2.6 billion for two new supply ships for the navy — should have been cause for celebrati
The Cruise Vessel Security and Safety Act 2010 imposes substantial requirements on cruise ships carrying over 250 passengers on international voyages which embark or disembark passengers in any US port. Non-compliance can result in denial of entry into US ports, civil penalties up to $50,000 per vio
The fishing industry in Queensland says Labor should be worried about what regional voters think of plans for a Coral Sea conservation zone. Environment Minister Peter Garrett is considering a ban on all fishing in a one million square kilometre area and a decision is expected next year.
A modern car carrier – the first in a series of four – was delivered from Xiamen Shipyard to Norwegian ship-owner Höegh Autoliners on the 16th of July. Being the first car carrier built for Höegh in China, she was aptly named “Höegh Beijing”. The three sister vessels are due for delivery October 201
Most of the Indian shipping companies are largely insulated from the heavy fall of Baltic Dry Index (BDI) due to their limited exposure to dry bulk fleet and long-term contracts, according to Crisil Research. The last one month has been turbulent for dry bulk shippers with the BDI falling by more th
The Palfinger Group is acquiring a 75% interest in the Dutch company Ned-Deck Marine B.V. (NDM). NDM manufactures rescue boat davits, a special application of marine cranes. The company is headquartered in the Netherlands and has another production facility in Vietnam. The existing management team w
A guard vessel is now in operation on the Sheringham Shoal Offshore Wind Farm to ensure the safety of marine traffic around the foundation… [mappress] Source: yourindustrynews, July 19, 2010;
Royal Van Lent has delivered the 68.00m (223’1”) Feadship Lady Christine to her owners. Built for experienced yacht owners, Lady Christine features a radical different exterior design from De Voogt Naval Architects and a remarkable debut superyacht interior from British designer Rodney Black. The ow