Petrobras Orders $1.5 Billion in Subsea Oilfield Equipment from FMC Technologies
HOUSTON (Dow Jones)–FMC Technologies Inc. (FTI) said Thursday it struck a $1.5 billion four-year deal with Petroleo Brasileiro SA (PBR) for the supply
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HOUSTON (Dow Jones)–FMC Technologies Inc. (FTI) said Thursday it struck a $1.5 billion four-year deal with Petroleo Brasileiro SA (PBR) for the supply
WASHINGTON — Piracy along the coast of Somalia threatens one of the fundamental foundations of an interconnected global economic system: freedom of
(EUNAVFOR) EU Counter Piracy Naval Forces (EUNAVFOR) have tracked down and stopped a group of suspected pirates who were believed to have tried to attack a
Bourbon Offshore has held a naming ceremony at Sinopacific Zhejiang shipyard in China for two landmark vessels soon to be added to their fleet: the Bourbon
BIMCO, an international shipping association that shipowners controlling approximately 65 percent of the world’s tonnage, announced today the publication
(Dow Jones) Iraq’s new single-point mooring, or SPM, terminal in the south is loading a third tanker Tuesday at a rate of 800,000-900,000 barrels a day,
MOSCOW (Dow Jones)–Russian state gas firm OAO Gazprom (GAZP.RS) will begin production at its massive Sakhalin-3 offshore gas project in the Far East in
LONDON (Dow Jones)–Weak demand for North Sea Forties crude due to refinery maintenance season and the availability of cheaper alternatives have prevented
Salvage crews have successfully refloated the tug Invader over a week after it became partially submerged after the drydock housing it sank at Vigor’s
– By Captain Richard Madden Depending on the source, piracy in the Gulf of Aden/Horn of Africa (GOA/HOA) region is estimated to be costing the world
(Dow Jones) French oil major Total SA (TOT, FP.FR) may hire Transocean Ltd. (RIG, RIGN.VX) and Rowan Cos. (RDC) to drill relief wells to end an ongoing gas
SINGAPORE (Dow Jones)–Keppel Corp. Ltd. (BN4.SG) on Wednesday said it signed a letter of intent with returning customer Floatel International Ltd. to
Greek shipowner Ilios Shipping Company S.A. was sentenced today in federal court in New Orleans to pay a fine of $2 million for intentionally trying to
Shell Exploration and Production says it has taken delivery of the M/V Aiviq (pronounced ‘eye-vik’), a 360-foot ice class anchor handler built by
(Dow Jones) Danish tanker and bulk vessel operator Torm A/S (TORM.KO) said Tuesday it is in final talks with two international groups of investors for a
(Dow Jones) Danish shipping and oil conglomerate A.P. Moller-Maersk (MAERSK-B.KO) said Monday that Chief Executive Nils S. Andersen’s sick leave has
ROME -(Dow Jones)- Saipem SpA (SPM.MI) said Monday it has been awarded new offshore and onshore drilling contracts worth about $300 million. In offshore
PARIS (Dow Jones)–Total SA (TOT) is studying all options, including drilling a relief well, to end an ongoing gas leak at its Elgin platform in the
(Dow Jones) Already burdened with eroding credit quality, many U.S. shipping companies will face greater challenges in the near future as their older fleets
After seven years of preparation James Cameron has become the first person in history to solo dive the Challenger Deep, the deepest point of the Marianas
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