News

MOSCOW -(Dow Jones)- Russian Prime Minister Vladimir Putin has reassured the chief executives of France’s Total SA (TOT) and Norway’s Statoil

ABERDEEN, Scotland (Dow Jones)–Total SA‘s (TOT) efforts to stem a natural gas leak on a North Sea platform gathered pace Sunday after an onboard

JAKARTA (Dow Jones)–Indonesia aims to sell 54 cargoes of liquefied natural gas in the spot market in May, a senior official at upstream regulator BPMigas

23 March -29 March 2012 We had a very strange and difficult week in the oil markets this week, but ship owners and charterers will be glad to see

Signet Weatherly is the latest RAmparts 3200 Class ASD from the design board of Robert Allan Ltd. Recently delivered to her proud owner, Signet Maritime

via VolvoOceanRace.com Skipper Ian Walker supervised an incredible five-hour job that saw 30 bolts screwed through the hull of Abu Dhabi’s boat Azzam

LONDON (Dow Jones)–Two more cargoes of North Sea Forties crude have been dropped from the April loading program and one delayed by several days as Total

Vale expects that their massive ore carriers, the Valemax VLOCs, will soon get permission to enter Chinese ports to offload their cargos. It should happen

STX OSV announced today that it had secured new contracts for the construction of two Multifunctional Deep Water Anchor Handling / Offshore Service vessels for

We reported on the Polarcus Amani’s delivery yesterday, however a video was just released by shipbuilder ULSTEIN that shows this remarkable new ship

LONDON ( Dow Jones ) – Efforts to drill a relief well to plug the leak seen since Sunday on a platform of Total (FP.FR) in the UK North Sea began

SHANGHAI (Dow Jones)–China Cosco Holdings Ltd. (1919.HK) said Friday it swung to a loss in 2011 because of a slowdown in international trade and higher

LONDON (Dow Jones)–French oil company Total SA (TOT) is mobilizing two rigs to drill a relief well that could eventually halt a gas leak from the Elgin

Hyundai Mipo Dockyard is on a roll with a just-announced newbuild order for eight, 38,000 m³ LPG-carriers from Belgium-based shipping company EXMAR.  The

Pacific Rubiales Energy Corp. (PRE) announced yesterday the signing of a natural gas/LNG Liquefaction, Regasification, Storage and Loading Services Agreement

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

The latest high tech arctic seismic vessel, Polarcus Amani, was delivered today by Polarcus Limited (OAX: PLCS).  This ship is seventh 3D seismic vessel to

MILAN – Saipem announced today they had signed $700 million in new offshore engineering and construction contracts offshore Brazil and Saudi Arabia. In