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.
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 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
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
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
A liquefied natural gas (LNG) tanker has run aground off Nigeria after taking on a cargo at the country's Bonny Island export plant, two trading sources said. The 165,000-cubic-metre-capacity Magellan Spirit tanker, owned by Teekay LNG Partners, ran aground trying to leave the port bound for South Korea, traders said. Teekay could not be reached for immediate comment. A trader said that the tanker is not expected to disrupt inbound or outbound tanker traffic from Bonny Island as it
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
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 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
Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa's biggest economy at the cost of $1.5 billion, in its attempt to turn the country into a hub for maritime operations on the continent. Nigeria is the world's eighth biggest crude producer and Africa's top oil exporter but it does not have a drydock for maintaining and repairing large crude vessels, a major drawback for carriers sailing to the country
Shell said on Friday that its Nigerian joint venture lifted its force majeure on natural gas supplies to the Nigeria Liquefied Natural Gas Co (NLNG) after repairing a pipeline. The force majeure was put in place on Aug. 4 after the company discovered a leak on the Eastern Gas Gathering System
The Nigeria Liquefied Natural Gas company (NLNG) has shipped 3,200 liquefied natural gas (LNG) cargoes by Q2 of 2015, since it began international gas exports in 1989, the managing director, Babs Omotowa said, reports Business Day.
Nigeria's state oil company has cancelled its contract for the delivery of crude to the country's refineries in Warri, Port Harcourt and Kaduna, it said on Wednesday. Oil sales account for about 70 percent of government revenue in Nigeria, Africa's top crude producer
Recovering stock markets boost oil prices; U.S. crude on track for first weekly gain in nine weeks. Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong U.S. economic growth and news of low crude supplies from Nigeria.
Italian manufacturer Sormec supplies specialist cranes to Nigerian OSV Global offshore crane manufacturer Sormec has supplied matching cranes for a Dutch-built vessel operating in one of Nigeria's largest deepwater oil fields.
Intertanko has issued a strong protest against Nigeria's decision to ban 113 tankers from its coast. Nigeria's state oil company NNPC has recently banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari
A ban on 113 oil tankers by Nigerian state oil company NNPC must be lifted immediately as no grounds have been given for the measure, the global oil tanker industry association said in a letter of protest. NNPC issued a letter on July 15, citing a directive from President Muhammadu Buhari
International Maritime Organization (IMO)'s Chris Trelawny has visited the Maritime Trade Information Sharing Centre (MTISC-GoG), located in the Regional Maritime University of Accra, Ghana. The multinational centre provides advice and information to merchant shipping
Nigeria Liquefied Natural Gas Company (NLNG) expects to take delivery of four LNG carrier ships before year-end and another two next year, its chief executive said, positioning the state-backed gas exporter to expand its share of the growing market.
Thegrowth in oil and gas activity in Côte D’Ivoire has seen investment in standardized safety training in the region far outstrip that of other hydrocarbon-rich West African countries, according to international learning technologies company Atlas Knowledge.
West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed. Slower buying by Indian independent refiners such as Reliance was the primary factor behind the overall decline of 13
The Nigerian president's sudden, unexpected and seemingly unilateral decision to ban nearly 100 oil tankers from the country's waters has sown confusion in the operations of Africa's largest crude exporter. The edict directly from President Muhammadu Buhari's office appeared to be part of a
Asian liquefied natural gas (LNG) spot prices for September delivery were firm this week, supported by supply issues in Nigeria after a pipeline leak, though surplus global supplies helped ease concerns. The price of Asian spot cargoes held steady at around $8
Hydrex has an in-house Research & Development department that can take care of the engineering aspects of an operation. In this way turnkey solutions can be offered for complex hull and other repairs that require the construction of specific equipment.
There are strong indications that the current economic crisis faced by Greece may truncate a vessel acquisition deal worth over $250 million with some Nigerian ship owners, reports BizWatchNigeria. Recently, some ship owners Association has signed a Memorandum of Understanding MoU