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Off Nigeria

Pirates Attack Product Tanker off Ivory Coast

Armed pirates robbed a petroleum products tanker near Ivory Coast's port of Abidjan, a maritime agency and a private security advisor said on Wednesday, in an indication of the increasing mobility of Nigeria-based gangs. The raid on the tanker came just a day after two failed pirate attacks that occurred just hours apart in waters off Nigeria's southeastern coast, according to the same sources. Pirate attacks in West Africa's Gulf of Guinea, a significant source of oil, cocoa and metals for world markets, have almost doubled from last year, jacking up insurance costs for shipping companies. The vast majority of the region's maritime robberies and hijackings are believed to be carried out by criminal gangs based in Nigeria, and the security advisor said this was likely the case with the three incidents last week. According to the International Maritime Bureau (IMB), a piracy watchdog, the attack occurred at 9.15 p.m. (2115 GMT) on Aug. 27 around 45 nautical miles southeast of Abidjan, one of West Africa's busiest commercial ports. "Twelve armed pirates with guns boarded a drifting product tanker. They took hostage all crew members, stole ship's cash, crew cash and personal effects and escaped," the IMB report stated. The attackers destroyed the vessel's navigation equipment before leaving the ship, but no crew were injured and the tanker was not damaged.


Seadrill Nets ExxonMobil Nigeria Job

Seadrill Nets ExxonMobil Nigeria Job

  ExxonMobil has signed up for a Seadrill newbuild drillship for work off West Africa for up to three years. The ultra-deepwater West Saturn, currently under construction in South Korea, will work for the US supermajor at the Erha North Phase 2 development off Nigeria, Seadrill said on Friday. The Norwegian contractor said the deal with ExxonMobil subsidiary Esso Exploration & Production Nigeria was won along with partner Field Offshore Design Engineering Nigeria.  


Exxon Mobil Makes Major Find Off Nigeria

Exxon Mobil Corp. made a major oil and gas discovery in the deepwater off the coast of Nigeria. Located about 100 miles southeast of Lagos, the discovery well, Erha-1, was drilled from December 1998 to February 1999. Exxon Mobil said the appraisal well, Erha-2, stood in 3,860 feet of water and was drilled to a total depth of 12,287 feet. It tested at a flow rate of 2,800 barrels per day. As operator, Exxon will hold a 56


UPDATE: Vessel Feared Hijacked Still Missing off Luanda

Dryad Photo: suspected pirate vessel underway.

Suspected pirate vessel off Angola. Dryad Maritime - a UK-based maritime intelligence firm - says situation has not changed since yesterday.   Dryad Maritime is warning of the possible hijack of a Liberian flagged tanker MT Kerala.  The vessel, owned by Dynacom Tankers, has been reported as missing off the coast of Angola, having last been sighted seven nautical miles NNW of Luanda.  The tanker’s disappearance may represent a significant extension of maritime crime


Tankship Looted, Released by Pirates in Gulf of Guinea

Tankship 'Energy Centurion' has been released east of Lagos, Nigeria, after theft of 3,000 tons of oil, now heading for a safe port.   An official with Golden Energy Management, the Greek company that chartered the ship, told CNN that the Energy Centurion was released Thursday, some 60 miles east of Lagos, Nigeria, and was steaming toward a safe port. The official said all 24 crew members -- mostly Russian -- who are still on board the ship are safe


Saipem Wins $1.5B E&C Offshore Contracts

Saipem_Standard.jpg

 In Iraq, Saipem has been awarded by South Oil Company the EPIC contract for the Iraq Crude Oil Export Expansion Project – Phase 2, within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian Gulf, approximately 550 kilometres south-east of Baghdad. The contract encompasses the engineering, procurement, fabrication and installation of a Central Metering and Manifold Platform (CMMP), to be installed in a water depth of 28 metres


Pirates Reportedly Hijack Fuel Tanker off Nigeria

Pirates allegedly hijacked a fuel tanker off the Nigerian coast early Saturday morning, AP News reported. The pirates are said to be holding some of the five Nigerian and 12 Pakastani sailors hostage. Pirate gunmen boarded the MT Matrix I, a Nigerian-flagged, Greek-operated 100-meter tankship, roughly 40 nautical miles off of Nigeria’s Bayelsea state, taking a portion of the crew hostage. The tanker’s operator, Val Oil Trading Co


Total Goes Deep Off Nigeria

Total reportedly launched its second Nigerian deep water drilling project, scheduled to come on stream in 2012 and expected eventually to yield 180,000 barrels a day, according to an AFP report. The new Usan project follows Total's first Nigerian deep water investment, the Akpo field. Deep water fields are further out to sea than offshore fields in shallower waters nearer the coastline. The new field will be operated by Elf Petroleum Nigeria Limited, a Total subsidiary


U.S. Thumps the Table on Nigerian Ship Security

The United States of America government has issued a 90-day ultimatum to Nigeria to improve security in its ports and waterways or face a ban on ships from entering the country. At the opening of a two day General Stakeholders Conference on "Reviving ISPS Code Implementation in Nigeria, Mr. Olugbenga Leke Oyewole, Senior Special Assistant  to the President on Maritime Services, told the Lagos conference that due to measures that were introduced after the September 2011 incident in


Hyundai Heavy, Nigeria to Set up LNG Shipping Firm

Hyundai Heavy Industries Co., the world's biggest shipbuilder, said on Wednesday it will set up a shipping firm with Nigeria's state-run Nigerian National Petroleum Corp. (NNPC) to deliver liquefied natural gas. Hyundai will own 49 percent stake in the liquefied natural gas (LNG) joint venture shipping company, to be named Nigeria Korea Marine (NIKORMA) Transport Ltd., while NNPC will own 51 percent. The shipbuilder will eventually deliver crude and oil products after initially


Nigeria to Cut Petrol Subsidy by Half

Nigeria plans to cut subsidies on petroleum products by half next year after sharp falls in global crude prices, spurred the government to revise its 2015 budget downwards, data from the revised budget seen by Reuters showed on Friday. President Goodluck Jonathan submitted the revised budget


Europe Stockpiling Low Cost, Surplus LNG

Demand from top Asian buyers drops sharply; Asian, European gas price spreads converge. Europe set to becoming dumping ground for LNG. Europe is set to become a dumping ground for the world's unwanted gas supplies this winter as Asian demand for sea-borne shipments fizzles out


Sea Trucks Bags Another Installation Contract

Photo courtesy of Sea Trucks Group

C has been awarded a second installation contract for a development in Nigeria to West African Ventures, Sea Trucks’ principle Nigerian business. The newest contract is further to Sea Trucks’ announcement made last week whichdeclared a contract from Afren for subsea installation of


Shippers Called to Action in Fight against Ebola

Photo: GAC

Shipping community urged to invest in training to curb spread of virus Global shipping, logistics and marine services provider GAC Group is calling for shipping and logistics companies to invest in staff and crew education on how to reduce the risk of exposure to Ebola


Cutter Suction Dredge CSD500 from Damen

(Photo courtesy of Damen)

A Nigerian customer added its ninth Damen dredger to its fleet. The Cutter Suction Dredger type CSD500 was chosen due to the availability of Damen Field Services in Nigeria, the builder said, adding that the local presence was even more practical in view of the challenging assembly conditions.


Maritime Piracy: Attacks Down, SE Asia Remains Problematic

The Piracy & Armed Robbery Map  (Source: https://icc-ccs.org)

While the issue of maritime piracy has largely fallen from the public eye, with the rapid evolution of the 24/7/365 news cycle and a never-ending list of new and globally interesting headlines, such as Ebola, there remains concerns of piracy’s effects on the broader maritime market


Pirates Launch Renewed Attacks in Nigeria's Oil Delta

Pirates have launched a spate of attacks in the creeks of Nigeria's oil-producing Niger Delta region since last Thursday, killing three policemen and abducting at least nine people, security officials said. Most of those kidnapped were local workers in Africa's biggest oil industry


Multiple Pirate Attacks in Nigeria's Oil Delta

Pirates have launched a spate of attacks in the creeks of Nigeria's oil-producing Niger Delta region since last Thursday, killing three policemen and abducting at least nine people, security officials said. Most of those kidnapped were local workers in Africa's biggest oil industry


ITIC Measures against Ebola

Ebola

  The International Transport Intermediaries Club (ITIC) has issued the following general advice related to the outbreak of Ebola. Vessels that have recently called in an affected country should contact their local agents prior to arrival at the next ports of call for the latest country


Piracy Expected to Increase Ahead of Nigeria's Election

Piracy globally costs firms $7 bln, govts $12 bln a year Ships reducing security after Somali attacks down Piracy will increase in the Gulf of Guinea as Nigeria prepares for an election next February in order to funnel ransom money into campaign financing


Crude Oil Markets Roiled by Sell Off

A sell-off that began last week continued to roil crude markets, which have been weighed down by worries of oversupply and lackluster demand, pushing Brent crude to a contract low on Monday. U.S. crude traded below $90 a barrel, despite a brief mid-morning rally


Nigerian Customer Orders Ninth Damen Dredger

CSD500 assembled and ready for its first job (Photo courtesy of Damen)

A Nigerian customer has added its ninth Damen dredger to its fleet. The Cutter Suction Dredger type CSD500 was chosen due to the availability of Damen Field Services in Nigeria, the builder said, adding that the local presence was even more practical in view of the challenging assembly conditions


SAMI On Top Line Security Concerns

DP Sim for BRIDGE WEB.jpg

With progress being made against piracy off Somalia, it seems that other maritime security issues are becoming top line issues for shipowners. The Security Association for the Maritime Industry (SAMI), is a global focal point for maritime security matters


Brent Crude Slips Below US$97

HFO: File image

Brent crude fell for a third day on Wednesday, slipping further below $97 a barrel as inflated supplies and weak economic data from Europe outweighed rising geopolitical tensions in the Middle East. * Fall in Brent defies heightened political tensions


Nigerian Minister Pledges $1.3 bln for Power Companies

President Goodluck Ebele Azikiwe Jonathan of Nigeria

   Nigeria's oil minister announced a 213 billion naira (1.3 billion US dollar) bail-out package for power companies on Saturday, nearly a year after the sector was privatised. Despite holding the world's ninth largest gas reserves






 
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