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Displaying items by tag: Deepwater Oil

#Oil - Tullow Oil's shares dropped more than 6% in London trading early last week with the news that its prospect in the Atlantic off French Guiana is dry, according to The Irish Times.

The Irish-founded oil exploration firm says it encountered a number of oil shows in reservoir quality sands at its Zaedyus-2 well in the waters north of Brazil, but it "did not encounter commercial hydrocarbons".

The result was described as "very disappointing" by Investec Securities analyst Stuart Joyner - though better signs have been seen at the nearby Zaedyus-1 well, drilled by Tullow with partners Royal Dutch Shell and Total at a cost of $250 million.

And as previously reported on Afloat.ie, the UK-based company's prospects off the Ivory Coast and Ghana have proven encouraging for future exploration.

Published in News Update

#DEEPWATER OIL - Tullow Oil has struck oil off the Ivory Coast in an encouraging development for the Irish-founded oil exploration company, Bloomberg reports.

The UK-based firm says its Paon-1X deepwater exploration well encountered 31 metres of net oil in a gross interval of 74 metres of turbidite sands, suggesting that the well is a continuous column of light oil.

The discovery, which extends recent finds made in nearby Ghana, is "encouraging for our future exploration efforts" says Tullow Oil's Angus McCoss.

Tullow's shares rose 2.1% on the London stock exchange at the news earlier this month. Bloomberg has more on the story HERE.

The firm's successes in West Africa have been reflected closer to home by competing oil exploration business Providence Resources, which recently struck it lucky off the south coast of Cork with an oil flow that could be worth billions of euro to the Irish economy.

As previously reported on Afloat.ie, oil started to flow successfully from the company's Barryroe structure in the north Celtic Sea one month after confirming the presence of light oil with its first appraisal well.

Published in News Update

boot Düsseldorf, the International Boat Show

With almost 250,000 visitors, boot Düsseldorf is the world's largest boat and water sports fair and every year in January the “meeting place" for the entire industry. Around 2,000 exhibitors present their interesting new products, attractive further developments and maritime equipment. This means that the complete market will be on site in Düsseldorf and will be inviting visitors on nine days of the fair to an exciting journey through the entire world of water sports in 17 exhibition halls covering 220,000 square meters. With a focus on boats and yachts, engines and engine technology, equipment and accessories, services, canoes, kayaks, kitesurfing, rowing, diving, surfing, wakeboarding, windsurfing, SUP, fishing, maritime art, marinas, water sports facilities as well as beach resorts and charter, there is something for every water sports enthusiast.

boot Düsseldorf FAQs

boot Düsseldorf is the world's largest boat and water sports fair. Seventeen exhibition halls covering 220,000 square meters. With a focus on boats and yachts, engines and engine technology.

The Fairground Düsseldorf. This massive Dusseldorf Exhibition Centre is strategically located between the River Rhine and the airport. It's about 20 minutes from the airport and 20 minutes from the city centre.

250,000 visitors, boot Düsseldorf is the world's largest boat and water sports fair.

The 2018 show was the golden jubilee of the show, so 2021 will be the 51st show.

Every year in January. In 2021 it will be 23-31 January.

Messe Düsseldorf GmbH Messeplatz 40474 Düsseldorf Tel: +49 211 4560-01 Fax: +49 211 4560-668

The Irish marine trade has witnessed increasing numbers of Irish attendees at boot over the last few years as the 17-Hall show becomes more and more dominant in the European market and direct flights from Dublin offer the possibility of day trips to the river Rhine venue.

Boats & Yachts Engines, Engine parts Yacht Equipment Watersports Services Canoes, Kayaks, Rowing Waterski, Wakeboard, Kneeboard & Skimboard Jetski + Equipment & Services Diving, Surfing, Windsurfing, Kite Surfing & SUP Angling Maritime Art & Crafts Marinas & Watersports Infrastructure Beach Resorts Organisations, Authorities & Clubs

Over 1000 boats are on display.

©Afloat 2020

At A Glance – Boot Dusseldorf 

Organiser
Messe Düsseldorf GmbH
Messeplatz
40474 Düsseldorf
Tel: +49 211 4560-01
Fax: +49 211 4560-668
Web: https://www.boot.com/

The first boats and yachts will once again be arriving in December via the Rhine.

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