Pirates see better risk-reward in Nigeria’s oil theft industry
Oil bunkering in Nigeria is a more attractive industry than piracy, for now, but this may change in late 2023.
Gulf of Guinea
HMS Trent sets sights on security in Gulf of Guinea
A Royal Navy ship is on its way to the Gulf of Guinea, amid a continued focus on security.
DG Risk Group acquires PVI with eye on West Africa
DG Risk Group has acquired Protection Vessels International (PVI), with high hopes for providing security in the Gulf of Guinea.
Piracy on the rise in Gulf of Guinea
Piracy increased in the first quarter of 2020, with the Gulf of Guinea continuing to hold its position as the most dangerous waters in the world.
ICS calls for Nigeria focus to tackle piracy
Kidnappings of crewmembers in the Gulf of Guinea during 2019 was up by more than 50%, according to the International Chamber of Shipping (ICS), driven by piracy stemming from Nigeria.
Galp snaps up 20% of three Gulf of Guinea blocks
Portugal’s Galp Energia has agreed to by a 20% non-operated stake in three blocks in the Gulf of Guinea from Dallas-based Kosmos Energy.
SeaBird wins contract for seismic surveys in Gulf of Guinea
SeaBird Exploration said today it would send its Osprey Explorer vessel to the Gulf of Guinea later this year for seismic survey work.
Lukoil said to be leaving Ivory Coast projects
Russia’s second-largest oil producer Lukoil is leaving projects in Ivory Coast, the Interfax news agency reported on Friday. Lukoil has been operating in the Gulf of Guinea offshore Ivory Coast since 2006 and is operator of the offshore exploration projects at the CI-401, CI-205 and CI-504 blocks, according to website of its subsidiary www.lukoil-overseas.com.