News

WASHINGTON (Dow Jones)–The U.S. Interior Department Tuesday proposed additional workplace safety requirements for offshore oil and gas drillers. The

Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China has secured a

EUNAVFOR assets stopped and boarded a skiff thought to have been involved in an incident with the French Sailing Yacht (SY) TRIBAL KAT. One member of the crew

PARIS (Dow Jones)–French oil services group Technip SA (TEC.FR) Monday announced the acquisition of U.S.-based Global Industries Ltd. (GLBL) for $8.00 a

HAMILTON – Seadrill (NYSE: SDRL) announced today that they had secured a four-year contract for their ultra-deepwater semi-submersible drilling rig West

By Enda Curran, Wall Street Journal SYDNEY—Australia will introduce major tax breaks for shipping companies and a new international register for the 200

Worldwide Maritime Crime and Piracy Summary, week of 1 September 2011 (source: ONI) For the first time since we started publishing this report, there are: NO

WASHINGTON (Dow Jones)–The chairman and chief executive of Chevron Corp. (CVX) said Wednesday that the U.S. offshore drilling regulator needs more

ABERDEEN, Scotland (Dow Jones)–The organization tasked with policing safety on U.K. North Sea oil and gas installations said Wednesday it is prepared to

By Andrew Galbraith in Shanghai and Jason Dean in Beijing, Wall Street Journal A spat over contracts between China’s biggest shipping company and foreign

SINGAPORE (Dow Jones)–China National Offshore Oil Corp. (CEO), also known as CNOOC, said Tuesday that it is willing to establish a marine environmental

SINGAPORE (Dow Jones)–The Asian crude tanker market will likely stay weak due to persistent oversupply, while vessels carrying clean petroleum products

By Mohan Malik, Wall Street Journal, above: INS Trishul, an Indian Talwar-class, guided missile frigate Media reports last week of a Chinese warship

Nordic Sprite, image by Olivier Vitre Nordic American Tankers Ltd. (NAT) said it agreed to buy a double-hull suezmax tanker built at Samsung Heavy

Liberian-flagged and DNV-classed, Scarabeo 9 is a semi-submersible drilling vessel recently built by Yantai Raffles.  It will be on contract by Repsol YPF for

On December 21st, 2004, former President Bush signed the National Security Presidential Directive NSPD-41 that stated: It is critical that the United States

Image by Ghene Snowdon TOKYO (Dow Jones)–Looking to expand its presence in the renewable energy field, Marubeni Corp. (8002.TO) said Friday it has

By John W. Miller, Wall Street Journal China Cosco Holdings Ltd.’s desire to change the terms of contracts for ships carrying commodities such as coal,

By Russell Gold, Wall Street Journal, above image courtesy GAZPROM ExxonMobil Corp.’s blockbuster $2.2 billion deal to drill for oil in the frigid

One of the arguments made against arming merchant ships as defense against pirates is the claimed threat that doing so will merely escalate the violence