News

Suspected Somali pirates tried to seize the Maersk Alabama again on Tuesday in the third attempt to hijack it in three years. Four people suspected of being

HOUSTON -(Dow Jones)- Oil giant BP PLC (BP.LN, BP) continues to use an oil-price range between $60 and $90 a barrel in its long-term planning despite rising

A federal judge has ordered Exxon Mobil Corp. (XOM), the U.S. Department of Justice and the state of Alaska to expedite talks on a 2006 claim by the federal

HOUSTON (Dow Jones)–William Reilly, co-chair of the presidential panel tasked with investigating causes of the BP PLC (BP, BP.LN) oil spill, on Tuesday

Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Mexico’s Perforadora

As part of Maersk Line’s drive to cut sulphur emissions from its fleet, the shipping line has expanded its fuel-switch program in New Zealand’s

On the first day of the 15th session of the IMO Sub-Committee on Radiocommunications, Search and Rescue, a ceremony took place to celebrate the expansion of

LONDON (Dow Jones)–DONG Energy, E.ON AG (EOAN.XE) and Masdar said Tuesday that the first of 177 foundations has been installed at the U.K.’s

HOUSTON (Dow Jones)–Mexico’s state-owned oil company Petroleos Mexicanos, or Pemex, expects to have a first round of tenders on some areas of the

The first upgraded Wärtsilä RT-flex68-D engine equipped with a Variable Turbine Geometry (VTG) turbocharger was successfully tested at Doosan Engine Co

HOUSTON (Dow Jones)–The U.S. Coast Guard rescued two men from a burning Gulf of Mexico oil platform on Sunday. The platform, owned by Houston-based Arena

MANAMA, Bahrain – A request for assistance from a Japanese-owned merchant vessel in the Somali Basin led to Combined Maritime Forces (CMF) warship USS

WASHINGTON (Dow Jones)–U.S. investigators said Friday that problems with engineering documents on a BP PLC (BP, BP.LN) production platform in the Gulf of

MIDDLETOWN, RI – KVH Industries, Inc., (Nasdaq: KVHI) today announced that Netherlands-based Vroon has chosen the KVH TracPhone® V7 and its mini-VSAT

AMSTERDAM (Dow Jones)–Major oil companies are increasingly trying to push liabilities of offshore oil projects onto sub-contractors as risk awareness has

Rolls-Royce has been selected to supply a unique replenishment-at-sea (RAS) system to the Royal Navy. It will enable heavier-than-ever loads to be transferred

Hamilton, Bermuda – Teekay Corporation (Teekay) announced today that it has agreed to sell its remaining 49 percent interest in Teekay Offshore Operating

The Greek participating Amver tanker Delta Kanaris rescued four French sailors Sunday Feb. 27, 2011 after the sailors activated their personal locator beacon

According to gCaptain sources, Niels Stolberg, Chief Executive Officer of German heavy-lift shipping operator Beluga has stepped down from his post amid a

Noble Corporation (NYSE: NE) today announced that a subsidiary has exercised its first option with Hyundai Heavy Industries Co. Ltd. (“HHI”) for