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Tag Archives: Gulf of Guinea

Oil tankers run gauntlet in Nigeria’s “pirate alley”

LONDON, – A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as “pirate alley.” The 2 million barrel Kalamos Very Large Crude Carrier (VLCC) was heading to Nigeria’s main oil ...

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Exxon Mobil in final talks with Ivory Coast over two oil blocks

YAMOUSSOUKRO, Nov 21 – Ivory Coast is finalizing production sharing agreements with oil company Exxon Mobil for two ultra-deepwater blocks in the Gulf of Guinea, a senior official with the country’s energy ministry told Reuters on Friday. “It’s with Exxon Mobil. We expect to finish discussions before the end of the year,” said Ibrahima Diaby, director of hydrocarbons at the ...

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Black gold buccaneers: Oil piracy in the Gulf of Guinea

The frequency of piracy attacks in the Gulf of Guinea has increased at an alarming rate in recent years. According the United Nations’ 2013 Transnational Organized Crime threat assessment for West Africa, piracy in the Gulf “is a product of the disorder that surrounds the regional oil industry.” Nigeria, which produces well over 2 million barrels of oil per day, ...

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