Hyundai Heavy Bags LPG Storage Tank Deal in Nigeria
Hyundai Heavy said it plans to start to build the tanks in May and is set to deliver the tanks to Nigeria's Dangote Oil Refining Company, Africa's largest refinery, beginning in April 2019. The 15 cylindrical tanks - each being eight meters in diameter and 95 meters in length - can hold 75,000 cubic meters of LPG, according to Hyundai Heavy. The 15 gas cylinders w ill be installed at Dangote Oil Reining’s refining and petrochemical plant near Lagos in southwestern Nigeria. The Korean company manufactures and sells ships…
Argentina Seeks 22 LNG Cargoes
Argentina's state-run Enarsa launches tender to buy 22 liquefied natural gas (LNG) cargoes for delivery from May to August for delivery to its two import terminals, trade sources said. Enarsa seeks nine full-size cargoes for its Bahia Blanca terminal and 13 half-size deliveries to its river terminal at Escobar. Bids must be submitted on or before March 6 and pricing must be based on either U.S. Henry Hub or Brent crude oil. Escobar shipments cannot take tankers with a capacity of more than 90,000 cubic metres of LNG due to shallow water conditions.
Nigeria's Primary Crude Exports Set to Rise
Nigeria is set to export more of its largest crude oil stream, Qua Iboe, on a barrel-per-day basis in April, while loadings of two other main export grades will also rise, loading programmes showed on Friday. Forcados exports will also rise, to 262,000 bpd in April on 10 cargoes, up from 248,000 bpd on 11 cargoes in March. Bonny Light exports in April are also expected to edge higher on a bpd basis to 163,000 bpd in April, up from 161,000 bpd in March. The total Bonny loading volume will slip to 4.9 million barrels on five cargoes…
Mitropoulos Urges Nigeria to Act on Piracy
IMO Secretary-General Efthimios E. Mitropoulos has urged the Government of Nigeria to intervene to help reduce the incidence of acts of piracy and armed robbery against ships in the Gulf of Guinea and in the waters off the coast of Nigeria. Mr. Mitropoulos took the opportunity of a wide-ranging meeting with Nigeria's new Minister of Transport, Mr. Ibrahim Bio, which took place Feb. 20 at the IMO Headquarters in London, to stress that urgent action was needed to assure the international maritime community of Nigeria's commitment to address the problem on a priority basis. Mr.
CMA CGM Resumes Nigeria Fish Imports
CMA CGM issued a notice stating that the import of fish in Nigeria has regained authorization The ban, established by Federal Department of Fisheries of Nigeria, stipulated that the import of fish in Nigeria will be authorized only for shipments with BL dated at latest October 31st, 2013 and arriving at destination before December 31st, 2013. Since the ban is no longer enforced, CMA CGM Group said it will now accept fish booking in Nigeria, but added that a clearance letter for import is required.
Shell Makes Two Discoveries in Nigeria
Shell Nigeria Ultra Deep Limited and Shell Nigeria Exploration Properties Alpha Limited, companies of the Shell Group, announced they have made discoveries in two 'Big Cat prospects'. Further appraisal is required to determine the discoveries' resource potential. The wells, in blocks OPL 322 and OPL 245, were both in frontier areas. Bobo -1X was drilled in block OPL 322, to a total depth of 5,173 m in 2,479 m of water, the second deepest well in offshore Nigeria. Drilling was completed on 16 July 2005, under budget, and found over 140 meters of hydrocarbon bearing sands. Shell Nigeria Exploration Properties Alpha Limited has a 40 per cent shareholding in OPL 322. mEtan -1X was drilled in block OPL 245 to a total depth of 4,574 m in 1,720 m of water.
Roundtable Discusses Nigeria’s Maritime Future
The Commonwealth Enterprise and Investment Council (CWEIC) together with the Ship Owners Association of Nigeria (SOAN) have co-hosted an event on “The Future of the Maritime Industry in Nigeria” at Marlborough House in London on September 28. The event brought together investors, business leaders and government officials – representing maritime interests from across the Commonwealth – in a bid to stimulate discussion, increase cooperation and forge partnerships around the myriad opportunities of Nigeria’s maritime sector. The event was hosted as part of CWEIC’s Commonwealth Maritime Initiative (CMI), which aims to promote the maritime industry as a key driver of economic growth and trade (cargo carried by sea is set to quadruple by 2050)…
U.S. Coast Guard Backs NIMASA Security Efforts
The United States Coast Guard has declared that the Nigerian Maritime Administration and Safety Agency (NIMASA) is on the right path to the successful implementation of the International Ships and Ports Facility Security (ISPS) Code in Nigeria. The leader of the U.S. Coast Guard team to Nigeria, Tivo Romero made this declaration at a meeting with members of the ISPS Code Implementation Committee in Nigeria on Friday in Lagos during a visit to NIMASA, the Designated Authority for ISPS Code implementation in Nigeria.
Hull Blyth’s Loss
Norman Shaw, managing director of Hull Blyth (Nigeria) Ltd, sadly passed away in December 2001, in Lagos, Nigeria, aged 49. Norman Shaw had extensive experience in the shipping industry working in the UK, USA, Singapore, The Netherlands and West Africa between 1976 and 1998. He was then appointed manager of P&O Nigeria before joining Hull Blyth (Nigeria) Ltd in 1999. Hull Blyth & Co Ltd is the Multiport member serving Angola, Ghana and Nigeria. Norman is survived by his wife and two sons, who would like to thank everyone who attended the funeral service in Southampton or the memorial service in Lagos.
Chevron Completes Nigerian Relief Well
Chevron Corporation said that its subsidiary, Chevron Nigeria Limited (CNL), has sealed and abandoned the shallow water Funiwa 1A natural gas well after completing the drilling of a relief well. Production at the North Apoi field, which had been shut in as a precaution, has also been restored and the field is now producing approximately 2,000 barrels of oil per day. On Jan. 16, 2012, a fire started aboard the shallow-water jack-up drilling rig KS Endeavor. Contracted by Chevron Nigeria Limited (CNL) and operated by FODE Drilling Nigeria Limited, the rig was drilling a natural gas exploration well approximately six miles (10 km) off the coast of Nigeria and in roughly 40 feet (12 m) of water. There were 154 personnel on the rig and a support barge, and 152 were safely evacuated.
NLNG Eyes $1.5 bln Debut Shipyard in Nigeria
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, NLNG spokesman Tony Okonedo told Reuters.
IBIA Refutes IBIA-Nigeria
The International Bunker Industry Association (IBIA) says it has nothing to do with a newly-formed association in Nigeria which is using its name. and has not sought permission to use IBIA's name. Ian Adams, secretary general of IBIA, says, "We have asked IBIA-Nigeria not to use the IBIA name, as it may cause confusion. organisation which represents the international bunker industry and includes active members from all sectors of the bunker industry and all around the world. IBIA-Nigeria appears to be a group of Nigerian bunker suppliers who have banded together and are using our name without permission.
Rare Suezmax Gasoline Cargo Sails to West Africa
Nigeria's push to keep its citizens stocked with fuel is drawing close to a million tonnes a month of gasoline from Europe - including now on a rare Suezmax vessel booked by Vitol. The country is working overtime to replenish its tanks after shortages and queues popped up across the nation of more than 180 million in early December - sparking a scramble for state oil company NNPC. The restocking comes as gasoline demand in other regions was waning in winter, and has helped boost fuel and refining margins in Europe just as the continent's refineries prepare to shut for seasonal maintenance. The Vitol-booked, 115,000-tonne cargo aboard the newly built Sea Icon is sailing to West Africa from the Latvian port of Ventspils, according to Reuters ship tracking and trading sources.
Dockwise Awarded Contract for Transportation and Installation
Dockwise Ltd has been awarded the transportation and installation assistance contract of the OFP2 Topsides by Technip for the OFON Phase 2 project in Nigeria, field operated by Elf Petroleum Nigeria Ltd on behalf of the Nigerian National Petroleum Corp/Elf Petroleum Nigeria Ltd joint venture. The value of the float-over contract is in excess of $15m. The transportation and installation assistance work will be executed by Dockwise s open stern vessel Transshelf. The work is scheduled in 2010 for a period of 4 to 5 months.
Egina FPSO to Arrive in Nigeria
On a recent visit to South Korea to inspect the Egina FPSO project, and FPSO scheduled to arrive in Nigeria in August 2017, Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside said the ongoing construction of the multi-billion dollar Egina Floating Production Storage and Offloading (FPSO) project will increase the knowledge base of NIMASA as a safety administration and enhance its regulatory capacity. He made the statement during a meeting with the Samsung Executive Vice President Younsang Won…
Nigeria: What are the Implications for Tanker Demand?
Nigeria’s crude oil production and exports have been hit by severe outages as a result of attacks on oil infrastructure by rebel fighters in the Niger River Delta. Various sources report that Qua Iboe Terminal has shut down operations until further notice. All tanks on the facility were emptied of crude, operations have ceased completely and all personnel have been evacuated from the terminal, which is operated by ExxonMobil. Qua Iboe is Nigeria’s largest crude oil stream and exports usually more than 300,000 barrels per day (b/d).
Shell Starts Bonga Phase 3 in Nigeria
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) announced the start-up of production from the Bonga Phase 3 project. Bonga Phase 3 is an expansion of the Bonga Main development, with peak production expected to be some 50,000 barrels of oil equivalent, Shell said. This will be transported through existing pipelines to the Bonga floating production storage and offloading (FPSO) facility, which has the capacity to produce more than 200,000 barrels of oil and 150 million standard cubic feet of gas a day.
Enhancing Search and Rescue Services in Western Africa
International Maritime Organization (IMO) is supporting countries in western Africa to enhance their national search and rescue (SAR) services with a regional training course and meeting taking place in Lagos, Nigeria this week. The activities are assisting Member States under the “Nigeria SAR Region” (Benin, Cameroon, Congo, Democratic Republic of Congo, Equatorial Guinea, Gabon, Nigeria and Sao Tome and Principe) to develop their regional SAR Plan and to increase regional cooperation.
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 United States, Nigeria cannot be exonerated from the activities of terrorists, reports 'WorldStage'. He assured that the country will revive its implementation of the International Ship and Port Facility Security code by August to secure ports and waterways against terrorism, piracy, smuggling and bunkering.
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 focusing on LNG, Hyundai said. Earlier this year, Daewoo Shipbuilding and Marine Engineering Co. Ltd. said it will set up a similar shipping firm with NNPC, a joint venture called Nigeria Daewoo Shipping Ltd., which will transport merchant goods, crude oil and petroleum products. Source: Reuters
Royal Dutch/Shell Workers Held Hostage In Nigeria
It was reported that militant youths in Nigeria's Niger Delta are holding 12 Royal Dutch/Shell workers hostage, to press for compensation for an oil spill in their area. Shell officials in Lagos said they were not aware of the kidnapping, which the youths said was to forced the oil company pay $1.5 million compensation for a 1989 oil spillage. Sources said the oil workers, mainly Nigerians, were seized by youths from Arhavwarien community in Ugheli South Local Council in southern Delta State, on their way to effect repairs of a leaking pipeline in a neighboring village. Residents demanding a greater share of Niger Delta region's oil wealth frequently sabotage or kidnap oil workers to try to win payments from oil firms.
African Countries To Supply 30% Of World’s LNG by 2010
Nigeria, Libya and other African countries will supply 30 per cent of the world’s of Liquefied Natural Gas (LNG) by 2010, as against the present level of 12 percent, which the continent’s gas producers have been supplying. According to Nigeria Daily Independent, Africa had 50 million tones per year of LNG capacity at the end of 2005, with most of it in Algeria and Nigeria. African finds totaled nearly 25 percent of world liquids reserves discovered between 2000 and 2004 and 12 percent of world gas reserves discovered in the same period excluding the United States of American onshore and Canada. Companies in the region discovered 300 billion barrels oil equivalent. Two thirds of it liquids, in Africa, were discovered in 2004.
Nigerian Navy Acquires Warship from China
The Nigerian Navy (NN) fleet has received a boost with the arrival of the newly acquired warship, Nigerian Navy Ship (NNS) Centenary F91, stealth Offshore Patrol Vessel (OPV). The first of two P-18N Offshore Patrol Vessels (OPV) ordered by Nigeria was delivered in November 2014 at the China Shipbuilding and Offshore International Company (CSOC)'s Wuchang Shipyard in Wuhan, China. This is coming barely a month after the Navy received another war ship, the NNS OKPABANA, which was acquired from the United States of America.