Guinea’s emergence as a source of great cargoes for the cape trades and China’s booming electric vehicle manufacturers is increasingly being joined by other West African nations. Led by Guinean stems, capesize and above parcels ex-West Africa have increased by a per annum growth rate of 19.6%...
Ghana
Northern Ocean scores semisub work offshore Ghana
John Fredriksen-controlled Northern Ocean, a semisub rig spin-off of Northern Drilling, has won a contract from the Springfield Group for its Deepsea Bollsta rig offshore Ghana. The two companies also inked a strategic alliance which includes mutual exclusivity to explore a long-term field...
https://splash247.com/northern-ocean-scores-semisub-work-offshore-ghana/
Shearwater pens survey deal on Jubilee field off Ghana
Norwegian offshore seismic vessel player Shearwater GeoServices has won a contract for 4D seismic monitoring at the Jubilee field offshore Ghana The two-month survey will be conducted in early 2025, utilising capacity from Shearwater’s fleet, supported by the company’s technology offering and...
https://splash247.com/shearwater-pens-survey-deal-on-jubilee-field-off-ghana/
COLUMN | Big is better? Big finds in Namibia; big losses at Gazprom; big sale at Edda Wind; big problems at Petrofac [Offshore Accounts]
Every day, the world uses around one hundred million barrels of oil. The term “big oil” is used pejoratively to describe the industry’s lobbying power. But is big always better? This week, we look at both the biggest and the best, and the biggest and the worst of the oil industry. Big finds:...
COLUMN | The Twelve Days of Christmas 2023: Days 4 to 6: Seadrill, Gulf Drilling International and ADES; five shipping magnates on future fuels; six corrupted states and Al Jazeera [Offshore Accounts]
On the first day of Christmas my true love gave to me… a partridge in a pear tree, according to the ancient English carol, but at Baird Maritime, that’s the cue for a dozen topical features about the offshore industry. Lovers of festive traditions get scrolling, as for the fourth year in a row, we […]
VESSEL REVIEW | Esther Afua Ocloo – Spill cleanup vessel delivered to Ghana Maritime Authority
The Ghana Maritime Authority (GMA) recently welcomed a new oil spill response vessel into service. The aluminium monohull vessel has been named Esther Afua Ocloo in honour of the late Ghanaian businesswoman and banking advocate. The GMA said it acquired the vessel in anticipation of a rise in...
Africa Finance Corporation sells Takoradi Port stake to Yilport
African development finance institution Africa Finance Corporation (AFC) has sold its 35% equity investment in Atlantic Terminal Services Limited (ATSL), the concessionaire for the expansion of Ghana’s Takoradi Port, to port operator Yilport Holding. In 2019, AFC committed to invest up to $138m in...
https://splash247.com/africa-finance-corporation-sells-takoradi-port-stake-to-yilport/
COLUMN | What are the consequences of the offshore surge? Tidewater’s triumph provides Chinese yards with boom, and starts North Sea exodus [Offshore Accounts]
One of the delights of the offshore market recovery has been the surge in charter rates for platform supply vessels (PSVs) around the world. Tidewater’s triumphant presentation at the Barclays CEO Energy Conference earlier this month showed the potency of the market recovery that the company has driven ever onwards and upwards after its acquisition […]
Africa Finance Corporation takes over Røkke’s offshore play in Ghana
Kjell Inge Røkke is selling his Ghana-focused offshore oil company Aker Energy to the pan-African multilateral development finance institution Africa Finance Corporation (AFC). The deal will see AFC take over the stakes of Røkke-controlled Aker (50.79%) and his family’s investment vehicle TRG...
https://splash247.com/africa-finance-corporation-takes-over-rokkes-offshore-play-in-ghana/
Sailor dies after falling overboard from fishing vessel off Scilly, UK
Spanish media reports that a Ghanaian national working as a crewmember on a Spanish-flagged fishing vessel died after he fell into the sea off the Isles of Scilly in the ..
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