ONGC to Buy $2.64 Billion Stake in Mozambique LNG
Aug. 26 (Bloomberg) — ONGC Videsh Ltd., a unit of India’s biggest energy explorer Oil & Natural Gas Corp., agreed to pay $2.64 billion to buy a
Aug. 26 (Bloomberg) — ONGC Videsh Ltd., a unit of India’s biggest energy explorer Oil & Natural Gas Corp., agreed to pay $2.64 billion to buy a
U.S. Attorney for the Eastern District of Virginia, Neil H. MacBride, helped secure the U.S.'s first high-seas piracy convictions since 1820 for a total of 26
New video shows RNLI crews recovering the oilfield services Super Puma helicopter that crashed in the North Sea Friday
Teekay’s Market Analyst Christian Waldegrave reports a low, but seasonally “normal” summer in the conventional tanker market, with not much
Search underway for 3 missing after helicopter carrying 18 people from the Borgsten Dolphin drilling rig in the North Sea ditched into the sea west of the
Speculation continues as to what new icebreaker will replace Australia’s long-serving Aurora Australis, and who exactly will build
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Officials in the Philippines have suspended the captains and all crew members of the cargo ship and ferry involved in last week's fatal collision near Cebu
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Friday as Chinese demand for iron ore pushed
eNCA News reports from South Africa on the on-going salvage effort involving the MV Smart, a capesize bulk carrier filled with coal which broke apart outside
On May 8th, Shell announced their plans to develop the Stones field located approximately 200 miles south of New Orleans in Walker Ridge. This 100%-owned
By John Kemp LONDON, Aug 23 (Reuters) – The United States has emerged as a big net exporter of propane and other liquefied petroleum gases (LPGs), thanks
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BRUSSELS, Aug 23 (Reuters) – Shares of Belgian dry bulk shipping group CMB rose for a sixth consecutive day on Friday, bringing their gains in the past
After spending NOK 461 million for a 50.1 percent majority stake in deepwater drilling contractor Sevan Drilling, Seadrill was required by the Norwegian
A close-up of the bow of the ship shows a particular feature of the Maersk Mc-Kinney Moller’s design. The naval architects extended the beam of the
By Joachim Dagenborg OSLO, Aug 23 (Reuters) – Golden Ocean, the bulk shipping arm of John Fredriksen’s business empire, expects a sharp rise in
The Military Sealift Command joint high-speed vessel USNS Spearhead (JHSV 1) this week conducted high-speed trials off the coast of Virginia, reaching speeds
Danish Ferry operator DFDS, have announced they have invested a total of DKK 400 million (USD $71 million) in new scrubber technology. The company reported
Frontline 2012 signed a heads of agreement (HOA) today with Stolt-Nielsen Limited (Oslo Børs: SNI) whereby Frontline 2012 will become a shareholder in
Mechanical problems on a Celebrity Cruises ship have forced the cancellation of all of the vessel's remaining Alaska sailings this year, a company spokeswoman
In the first week of August, the Mexican Navy (Secretaria de Marina) and Damen Shipyards Group signed a contract for a fourth Damen Stan Patrol 4207. The Dutch
HAMBURG, Aug 22 (Reuters) – Cargo shipping on various rivers and canals in Germany was again disrupted on Thursday, German inland navigation agency WSA
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Höegh LNG announced today they have signed a contract with an unnamed Asian national oil company to conduct a Front-end Engineering Design (FEED) study for a
Aug. 22 (Bloomberg) — China National Offshore Oil Corp., parent of the nation’s biggest offshore energy explorer Cnooc Ltd., is seeking to raise $3
It's been just two days since the bulk carrier MV Smart ran aground on a South African beach, but the incident is already being coined as the biggest salvage
The ocean research group OCEARCH landed a 14-foot 2-inch, 2,300 lb. immature female Great White Shark yesterday off the coast of Cape Cod. It’s the
Beachgoers in Russia got a little more than they bargained for when a massive military hovercraft made an unexpected landing on a crowded beach. Only in
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