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African Continental

Aker, Sea Trucks scoop West Africa oil services

Aker, Sea Trucks scoop West Africa oil services Norwegian contractor Aker Solutions is opening a new West Africa base as it looks to quadruple its well intervention business over the next five years The Aker Qserv facility located in Equatorial Guinea capital Malabo will be an expansion of the Aker well intervention division’s existing regional base in Ghana and is intended to capitalize on growing market opportunities. The site will support ongoing contracts with operators including Exxon Mobil, Noble Energy, Hess and Marathon in the region, providing services including coiled tubing and pumping,, nitrogen, and process and pipeline services. Aker said in a statement the move is part of its strategy “to quadruple its well intervention business in five years by building on the Aker Qserv business and drive international expansion through organic growth and acquisitions”. Aker Qserv executive vice president Wolfgang Puennel said the new facility “is an important step to achieve our growth ambitions for integrated operations”, with the well intervention division primarily targeting the UK, Norway, Asia and West Africa markets.Dutch vessel owner Sea Trucks has landed a contract from Total to assist the French player’s huge Usan FPSO project off Nigeria.  Sea Trucks is to provide accommodation services for the FPSO which was launched from South Korean shipbuilding giant Hyundai Heavy Industries in November. Sea Trucks’ DP3 accommodation unit Jascon 30 is currently being refitted to boost accommodation numbers by 184 people. It will then be able to accommodate 430 people in support of the FPSO which will operate in 750 metres of water depth. The contract will also include supporting mooring, hook-up, commissioning and start-up processes. Usan, located 100 metres off Nigeria in OML 138, is due on stream in mid-2012, and is expected to produce crude at a rate of 180,000 barrels per day 
 

UN sanctions Libya’s Zueitina Oil

UN sanctions Libya’s Zueitina Oil The UN has moved to tighten its grip on Libyan leader Muammar Gaddafi by hitting yet another oil company with sanctions. By Eoin O'Cinneide   The body’s Security Council has ...

Last Updated ( Tuesday, 28 June 2011 01:01 )

NEPAD group unfolds plan to develop infrastructure

THE New Partnership for African’s Development (NEPAD) has unveiled its plan to undertake infrastructural projects that would promote economic development in Nigeria and o...

New Farming method will boost food production in Africa

New Farming method will boost food production in Africa


"Small-scale farmers can double food production within 10 years

in critical regions by using ecological methods, a new UN report

shows. Based on an extensive review of the ...

U.S. Chamber Embarks on Infrastructure Mission to Africa American Businesses Look to Invest in Water, Energy, Construction, and Transport Sectors

WASHINGTON, D.C.— The U.S. Chamber of Commerce’s Africa Business Initiative (ABI) yesterday launched a wee...

Zuma to mediate in Cote d’Ivoire standoff

South Africa to mediate after desperate appeals from both sides of Cote d’Ivoire’s disputed presidential elections
LOYISO LANGENI
DESPERATE appeals from both sides in Cote ...

African Groups task Kenya on ICC

AFRICAN civil society organisations and international organisations with a presence in Africa yesterday urged the Kenyan government to reaffirm its commitment to the Inte...

African Groups task Kenya on ICC

AFRICAN civil society organisations and international organisations with a presence in Africa yesterday urged the Kenyan government to reaffirm its commitment to the Inte...

Unrest Affects Egypt Ports; Suez Remains Open

Joseph Bonney |   APM terminal Port Said to reopen 8 a.m. Tuesday Egyptian ports were closed or operating at sharply reduced capacity amid a seventh day of anti-government p...
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