Gazprom Pushes Back Against Allowing Private Industry to Develop Russian Arctic Shelf
MOSCOW–The chief executive of Russia’s OAO Gazprom (GAZP.RS) said the state-owned natural gas monopoly doesn’t want the government to allow
MOSCOW–The chief executive of Russia’s OAO Gazprom (GAZP.RS) said the state-owned natural gas monopoly doesn’t want the government to allow
Sembcorp Marine’s Jurong Shipyard announced today they have successfully righted the jack-up drilling rig which tipped over on December 3rd of last year.
Jan. 15 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, said the industry needs to raise prices by as much as
The ultimate goal of Chinese shipbuilders is to expand into specialized ships of higher value such as drill ships and semisubmersibles where South Korean
101-meter catamaran will continue to support the operations of the United States Marine Corps’ Third Marine Expeditionary Force The United States
DUBAI, Jan 15 (Reuters) – Abu Dhabi National Energy Co (TAQA) confirmed the shutdown of one of its platforms in the UK North Sea, after discovering oil
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Deepwater drilling contractor Ocean Rig UDW Inc. (NASDAQ: ORIG) has announced that its semi-submersible rig, the Eirik Raude, was chosen by an undisclosed oil
LONDON–The U.K. government has rejected lawmakers’ calls for a halt to Arctic oil and gas drilling, despite renewed safety concerns following the
The surplus of the largest oil tankers available for loading in the Middle East rebounded from a six-week low, according to a Bloomberg News survey. There are
Imports of liquefied natural gas into South Korea, the world’s second-largest buyer of the fuel, dropped 9.5 percent in December as prices rose.
Rates to ship liquefied natural gas will decline this year as new vessels join the fleet more quickly than global output of the fuel expands, according to
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Vigor Industrial announced today they have reached an agreement with Daoda Marine Heavy Industry Company (DDHI) to purchase a new floating drydock for a total
ATHENS – DryShips Inc. (NASDAQ: DRYS) announced today the sale, via novation, of two of its 158,000 DWT suezmax dry bulk carriers, the Esperona and
A dangerous winter storm is developing rapidly over the western North Pacific east of Japan, one that has the potential to be even more powerful than Hurricane
In a $1.3 billion speculative venture, Frigstad Deepwater Ltd placed an order last week with CIMC Raffles for two, 7th generation ultra deepwater Frigstad
BW Maritime and Samsung Heavy Industries signed a ship-building contract on Friday for BW’s first Liquefied Natural Gas Floating Storage Regasification
Abu Dhabi-based Emirates Classification – Tasneef, a classification society specializing in the maritime sector, hired RINA Group to help develop its
Transocean Ltd., the world’s largest offshore rig operator, climbed to the highest in 10 months after billionaire investor Carl Icahn said he’s
Wilh. Wilhelmsen ASA, the world’s largest vehicle transporter, extended gains in Oslo as Pareto Securities recommended investors buy the stock as limited
China may unveil fresh steps to support the shipbuilding and aerospace industries, the state-run China Securities Journal reported Monday, citing unnamed
Deep water drilling firm Transocean (NYSE:RIG) reported this evening that billionaire investor Carl Icahn has notified them that he is seeking approval to
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Today marks the 1-year anniversary of the Costa Concordia tragedy which claimed 32 lives off Giglio on 13 January 2012. The following are images depicting the
STX OSV announced on Friday that New Orleans-based offshore supply vessel operator Tidewater Inc. acquired contracts for three platform supply vessels which
China CSSC Holdings Ltd. (600150.SH), the listed arm of China’s largest shipbuilder, said Saturday its profit likely shrank by 95% to 100% year on year
MOGADISHU – Somali pirates have released three Syrian hostages held in captivity since 2010 without payment of any ransom, government officials said on
BP Plc is seeking a reduction of as much as $3.4 billion in the fine it may have to pay for pollution caused by the 2010 Gulf of Mexico
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