Daily Archives: February 24, 2016

Two offshore workers kidnapped from vessel in Nigeria

By Offshore Energy Today Another offshore kidnapping has happened in the Gulf of Guinea. Two offshore workers have been kidnapped from an offshore support vessel in Nigeria. According to the owner of the vessel, France-based Bourbon Offshore, unknown assailants captured two crew members from the Bourbon Liberty 251 anchor handler on Tuesday, February 23. Read…

Analysts expect M&A revival in Canada

Despite problems created for Canadian producers by the plunge in crude oil prices, mergers and acquisitions will revive this year, according to analysts at EY Canada, Calgary. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Mozambique government approves Coral discovery development

Rovuma basin offshore Mozambique will soon see the first development granted for the region. Eni SPA has reported that the government of Mozambique’s Council of Ministers granted its plan to drill and complete six subsea wells and construct and install a floating LNG facility with a capacity of 3.4 million Read Full Article Here For…