EL CINISMO INSTITUCIONAL

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Category: General
Published on Thursday, 27 November 2014 09:36
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Nigerian Bonga Spill to Cost Shell $4b

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Published on Thursday, 27 November 2014 06:57
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November 26, 2014

                           

By Marex

 
 
 

Nigeria's National Assembly said on Wednesday oil major Shell should pay $3.96 billion for a 2011 spill at its offshore Bonga oilfield in the latest assessment of damage to the environment.

The non-binding decision comes after years of analysis by various Nigerian state agencies, which have proposed a range of fines as high as $11.5 billion.

The parliament finally reached a decision based on the report of the National Oil Spill Detection and Response Agency (NOSDRA), which previously recommended a fine of $5 billion.

Shell declined to comment. The company has previously said it took responsibility for the spill and had cleaned the area.

The parliament's decision is non-binding as it only has the power to recommend

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UK Launches Study to Boost Maritime Industry

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Published on Thursday, 27 November 2014 06:51
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26.11.2014

M.Executive

A wide-ranging study that will look at how to boost the UK’s multi-billion pound maritime industry has been launched today (26 November 2014) by Transport Minister John Hayes.

The work will look at all aspects of the sector to identify where and how improvements can be made to generate growth.

The study will report in summer 2015 and is expected to make recommendations that could benefit areas including:

ship financing, ownership and operation

maritime education, skills, research and technology

the government administration of maritime activities, including ship registration and other policies

Shipping and ports minster John Hayes said:

"The UK maritime sector is a great success story, contributing billions each year to the economy and employing up to 260,000 people across

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China's Delivers Advanced Deep-Water Semi-Submersible Drilling Rig

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Published on Thursday, 27 November 2014 06:39
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November 25, 2014
China's Delivers Advanced Deep-Water Semi-Submersible Drilling Rig
 
 SWZ Maritime

COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province.

The COSLProspector is a DP3 vessel with a length of 104.5 m, a width of 70.5 m, a height of 37.55 m, and an operating water depth of 1500 m. It is able to drill 7600 m deep and has a designed operating temperature of minus 20 degrees Celsius. The rig is a multi-function platform, which has a maximum variable deck load of 5000 t and is able to accommodate 130 personnel.

It is classed by DNV GLand China

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