McDermott Awarded Their Largest-Ever Subsea Contract Offshore Australia
McDermott International, Inc. (NYSE:MDR) announced today that has been awarded a US$2 billion contract to develop the subsea infrastructure required for the
McDermott International, Inc. (NYSE:MDR) announced today that has been awarded a US$2 billion contract to develop the subsea infrastructure required for the
It’s pretty much that simple. At President Barack Obama’s State of the Union address last night, he gave Secretary of Defense Leon Panetta a
– By JD, Somalia Report Pirates Cut Hand off Hostage to Force $3M Ransom Somali pirates holding the crew of the hijacked Taiwanese flagged FV Shiuh Fu
Ever since the Italian cruise ship Costa Concordia ran aground off Giglio, her gleaming white hull lying precariously sideways on the rocky seabed has
By Brian Van Pay and Barbara Moore, US Department of State In the enduring spirit of friendship and cooperation, the United States and Canada conducted their
After 19 years with the company, the board of Heidmar has, with regret, accepted the resignation of its CEO, Tim Brennan. Since 1993, Mr. Brennan has held a
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Nearly a dozen gunmen in the southern Philippines opened fire on three fishing boats killing 15. According to a report by the AFP, this was likely an attack
An Algerian newspaper reports a local al-Qaeda cell planned to launch boats loaded with explosives at US and European ships with aid of suicide bombers.
– by Captain Bill Doherty, Director of Maritime Relations, Nexus Consulting Critical Incident Management Systems (CIMS) are only as good at the
Hamilton, Bermuda – North Atlantic Drilling has been awarded an 18 month contract extension for the drillship West Navigator by A/S Norske Shell. This
One of the largest container shipping companies in the world, MSC, announced today that the inherent cost of mitigating the threat of piracy, and rising
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Wärtsilä and Kongsberg Maritime have been contracted to supply the power, positioning, and automation systems for two new drilling rigs ordered by Songa
Höegh LNG announced today that they have won a tender offer to provide a new floating storage and regasification (FSRU) for Lithuania’s energy
RIO DE JANEIRO (Dow Jones)–Speculation is growing that a leadership change could be under way at Brazilian federal oil company Petroleo Brasileiro (PBR,
The Maersk Group’s strategy to target growth markets aligns well with a recent UN report that found emerging economies now account for almost 30% of
Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The license was awarded to Cairn Energy during the first Baffin Bay
What is liquefied natural gas (LNG)? Why is LNG safe? Is it shipped securely? Is it reliable? Why does America need LNG? This video answers the public’s
The only fact that is certain in the Costa Concordia disaster is the universal truth of all maritime disasters… human mistakes were made by multiple
The following editorial was written by a source trusted by the editors of gCaptain.com who wishes to remain anonymous due to his close relationship with
What Really Killed Costa Concordia’s Passengers? Captain Schettino has received a lot of criticism in the mainstream press and, possibly, even more from
Royal Dutch Shell has won a $970 million bid (NS 11-1) for exploration rights offshore Nova Scota, says the Canada – Nova Scotia Offshore Petroleum
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HOUSTON -(Dow Jones)- An Italian drilling rig scheduled to drill a deep-water well offshore Cuba has arrived to the shores of Havana, Cuban media said
gCaptain’s John Konrad Narrates the Final Maneuvers of the Costa Concordia Disclaimer, we will not know the EXACT details of what happened until the
The following is the summary of maritime crime and piracy for the week of 12 January 2012. (Source: ONI) PERU: Bulk carrier boarded on 13 January while at
Serious, and unambiguous statements by Dr Valeria Montesarchio from the Court of Grosseto. The following are a few highlights, the entire transcript is
President of RINA, the Italian classification society that certified the Costa Concordia for seaworthiness and safety, Gianni Scerni resigned Tuesday amid
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