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HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that

EU NAVFOR says that on June 10, the MV ZIRKU was released from pirate control after 73 days in captivity. The vessel was pirated on the March 28, approximately

Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of $1 billion. In Egypt, Burullus Gas Company

U.S. maritime industry publicly recognized the women and men responsible for safe ship operations at the Annual Safety Awards Luncheon held at the Loews New

Bloomburg news makes disturbing accusations of shipowner turning a blind eye towards crews torture by Somali pirates. They tell us: Shipowners are failing to

Company Has Agreed to Pay $900,000 Monetary Penalty (WASHINGTON) — A ship management company headquartered in Greece that operated a 29,414 – ton

Exxon Mobil Corp.’s huge new oil discovery in the Gulf of Mexico is good news for domestic energy production, but it’s even better news as a sign

ExxonMobil Corporation (NYSE:XOM) today announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the

Keppel FELS Limited (Keppel FELS) has been awarded a US$142 million contract by Seadrill to build a repeat semisubmersible drilling tender (SSDT) based on the

Shell today announced a significant, multi-billion dollar investment to develop its major Cardamom oil and gas field in the deep waters of the Gulf of Mexico

AMSTERDAM (Dow Jones)–Maritime services provider Dockwise Ltd. (DOCKW.AE) Wednesday threatened to sail under a different flag if the Dutch government

Today, Maersk Line CEO, Eivind Kolding, addressed the container shipping and logistics industry as the keynote speaker at the TOC conference in Antwerp,

BHP Billiton Petroleum announced today that it is the first company in the deepwater Gulf of Mexico to bring a newly drilled well into production since the

During the Council Of American Master Mariners’ annual meeting Captain Quick, a member on the IMO Working Group on Maritime Security provided an update

LUXEMBOURG – Pacific Drilling S.A. (NOTC: PDSA) announced today that it has received delivery of its newest drillship, the Pacific Mistral.  The Pacific

As the 2011 Atlantic Hurricane Season gets under way, the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today issued its annual

Maritime academy trainees should receive thorough grounding in bunker management before going to sea By Chee Khin David Wong, DNV Petroleum Services –

With the issuance of new drilling permits, and new rules, Chevron is looking to ramp up drilling activities in the Gulf. TAHITI PLATFORM, Offshore Gulf of

Hercules Offshore Inc., a contract driller that’s racked up three years of losses and angered shareholders over executive pay, has expanded its

(Houston, TX—) A sweeping series of management appointments at ABS, effective 1 July, will position a new generation of executives who will help define