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 56.25 percent participating interest and Shell Nigeria Exploration and Production Co., a unit of the Royal Dutch/Shell Group, will a hold 43.75 percent stake. Including the Erha find, Exxon Mobil holds an interest in 44 deepwater blocks in West Africa. So far the company and its partners have reported 15 discoveries from these blocks, with a recoverable reserve potential of six billion oil equivalent barrels.
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
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
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's deep offshore fields showed more promise for oil finds than fields closer to shore, a senior Nigerian official said. Of the 18 wells drilled recently in Nigerian waters less than 1,000 m deep, 11 were dry. Of the 11 drilled in water over that depth, only two were dry, Funsho Kupolokun, special adviser on oil to Nigerian President Olusegun Obasanjo, said. Kupolokun said Nigeria expects to extract up to 850 trillion barrels from only four of its deep offshore fields
According to a report on http://www.thenationonlineng.net, the Maritime Workers Union of Nigeria (MWUN) today threatened to shut down seaports to protest the planned establishment of another body--Maritime Security and Safety Agency. MWUN stated this in a petition signed by its President, Tony Nted and Secretary-General, Aham Ubani, and sent to Nigerian President, Goodluck Jonathan. The petition, which made available to the News Agency of Nigeria (NAN) in Lagos
Aker Solutions signed a contract with ExxonMobil for the supply of subsea umbilicals for the Erha North phase two development in Nigeria. The Erha North phase two development is an extension of the existing Erha subsea system and infrastructure located approximately 97 kilometers offshore Nigeria in water depths between 1,000 and 1,200 meters. Aker Solutions' scope of work includes the delivery of two dynamic and two static steel tube umbilicals, at a total length of 16.5 kilometers
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
West Africa is experiencing a surge in piracy, with well-organised hijackers targeting the region's growing oil and gas industries, writes national security expert Dr James Jay Carafano in 'World Review'. Extracts by permission of 'World Review' follow:
“Security in this region [off the coast of Nigeria] is often not sufficient,” says maritime piracy attorney Dennis McElwee “Unfortunately, maritime companies are not always taking the necessary precautions to protect crewmembers from this type of attack
CrewInspector, an online crew management software provider, has been awarded a contract by Ropetec International Ltd, for the provision of a crew management solution for the support of its offshore operations. CrewInspector has integrated crewing software across Ropetec offices in Africa and
Global business risk consultancy Drum Cussac Ltd. delivered an antipiracy training program for the Malagasy Navy at the Naval Base in Diego Suarez, Madagascar. It is the first time that a private company has been permitted to partner with the Malagasy Navy.
InterMoor, an Acteon company, has announced the appointment of Cohen Guidry to the role of global QHSE manager. Guidry joined InterMoor in 2006 as HSE manager and has more than 20 years of experience in the offshore oil and gas industry, mostly in quality, health, safety and security roles
Australian Minister for Defense Senator David Johnston announced the entry of the Royal Australian Navy Fleet into Sydney Harbor for the International Fleet Review. Senator Johnston said the International Fleet Review was planned in partnership with the NSW Government and the City of Sydney and
GAC is further strengthening its presence in West Africa with the extension of the GAC-OMA network agreement to include the Ivory Coast. The extension of the network comes after the Ivory Coast's return to stability in late 2011 and its rapid re-establishment as one of the world’s leading
According to Risk Intelligence, pirate networks in the Gulf of Guinea are focusing on product theft from tankers and this type of crime has evolved into a unique and highly lucrative form of maritime crime in the region. In the first eight months of 2013
The International Chamber of Commerce's International Maritime Bureau (IMB) has revealed that piracy on the world's seas is at its lowest third-quarter level since 2006, but warns of the threat of continuing violent attacks off the East and West coasts of Africa.
Liquefied natural gas (LNG) is one of the fastest growing energy markets worldwide, and global production capacity could be more than double by the end of the decade. Higher natural gas prices and growing efficiencies in the LNG value chain are making it economically attractive to ship LNG over
The attack on a U.S.-flagged platform supply vessel C-Retriever by pirates off Nigeria’s coast, which resulted in two U.S. citizens being kidnapped, could have been completely avoided, maritime security firm GoAGT said. Nick Davis, CEO of GoAGT, said
Nautilus International has expressed concern about the seizure of a master and chief engineer officer from an offshore support vessel operating in the Gulf of Guinea. The two men — both reported to be U.S. citizens — were taken from the U.S
In its latest subsea vessels report Douglas-Westwood (DW) forecast more than $100b of expenditure on subsea vessel operations over the next five years – with global demand is expected to increase by 23%. The increase in expenditure is expected to be higher than the growth in vessel days
Shell has manipulated oil spill investigations in Nigeria, with the company’s claims on oil pollution in the region deeply suspect and often untrue, claim Amnesty International and the Centre for Environment, Human Rights and Development (CEHRD).
Some 600 maritime and naval experts are to meet in Cape Town from 25-27 November, 2013, to discuss the price of piracy in Africa and the institutional and technical solutions available during the annual Maritime & Coastal Security Africa conference and exhibition