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.
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 '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
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
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
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
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
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
A NAUTIS Full Mission Bridge Simulator was purchased and delivered to the Maritime Academy of Nigeria in Oron. The new simulator will be used to provide qualitative education and training for the merchant Navy and maritime industry in full accordance with international standards. The Full Mission Bridge Simulator was delivered and installed by VSTEP at the Maritime Academy of Nigeria faculty in Oron. The DNV class B certified simulator includes a GMDSS and Radio Communications simulator
A UK maritime intelligence provider Dryad Maritime released its Q1 maritime crime figures which show an overall downturn in incidents across the Horn of Africa, the Gulf of Guinea and Southeast Asia since the same period last year. However, Dryad Maritime caution that ‘shock’ incidents
Catherine Ashton, High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, hosted a meeting on Tuesday in Brussels at the European External Action Service, with a number of African countries, to examine maritime threats to Africa and to discuss areas
In its latest 'Piracy Analysis and Warning Weekly Report' OPINTEL inform of two kidnappings from tugboats on the coast of Nigeria; zero incidents off the Horn of Africa. Details as follows: Horn of Africa - Piracy Events Pirate and maritime crime activity in East African waters is at low
The ICC International Maritime Bureau is asking ships to be extra vigilant when transiting West Africa as piracy in the region becomes a growing concern. Since the beginning of the year, one vessel, MT Kerala, has been hijacked and six were boarded in West Africa
The latest US Maritime OPINTEL analysis and weekly report that follows covers the Horn of Africa and the Gulf of Guinea. Horn of Africa Area OMAN: On 6 March, three suspicious white skiffs approached a merchant vessel near position 22:27.1 N – 060:29
According to a special advisory warning recently issued by U.K. maritime intelligence provider Dryad Maritime, there has been an increased threat of crew kidnap in the Gulf of Guinea. And since the issue of Dryad’s warning, two further attacks on vessels have taken place within a single week
Reuters - East Coast refiners slashed imports of lighter, sweet crudes from countries like Norway and Nigeria last year as they commissioned new rail offloading terminals to increase use of domestic Bakken and Canadian crudes. By mid-year
Reuters - Royal Dutch Shell said on Wednesday that it had closed Nigeria's Nembe Creek Trunk oil pipeline on Saturday to stop leakage caused by theft. The pipeline pumps the Bonny Light grade of crude oil. Bonny Light exports for April are at about 95
Reuters - An oil tanker hijacked for a week off Angola in January has been returned to the country's authorities, a board member at state oil firm Sonangol said on Tuesday, adding that the hijackers had stolen diesel worth $8 million from the ship.
CAMAC Energy Inc. announced that a long-term contract has been signed for the floating production storage and offloading vessel (FPSO) Armada Perdana. The contract provides for an initial term of five years beginning January 1, 2014, with an automatic extension for an additional two years unless
The Nigerian Ship Owners Association, NSA, has informed that some of its members are currently grappling with huge financial indebtedness to some banks, which has been aggregated at over $3billion (N480bn) reports the country's National Mirror.
Incat Crowther is pleased to announce that Veecraft Marine has delivered a pair of 20m Monohull Crewboats and signed a contract to build a 30m Wave Piercing Catamaran Crew Boat. Hot on the heels of delivering Magen Defender and Masud Defender
Homeland Integrated Offshore Services Limited (HIOSL) has taken delivery of a Damen FCS 3307 Patrol, to be deployed offshore Nigeria, in the next few weeks. Established in 2006, HIOSL serves the Nigerian oil and gas industry with a wide range of maritime, security and logistics services
CMA Terminals, 100% subsidiary of the CMA CGM Group, and ICTSI announced their future cooperation in Nigeria by signing a deal for ICTSI to sell 25% of the container terminal in Nigeria, Lekki International Container Terminal Services LFTZ Enterprise (LICTSLE) to CMA Terminals.
Inchcape Shipping Services (ISS) said it has strengthened its presence in the Niger Delta with the opening of an office on Bonny Island, Rivers State, Nigeria. The office, which complements the company’s existing presence in Lagos, Brass and close neighbor Port Harcourt