Continuing Appropriations Bill Signed into Law

Wednesday, April 20, 2011
The White House stated that President Obama signed into law the Department of Defense and Full-Year Continuing Appropriations Act, 2011 (H.R. 1473).  Among other things, this legislation reduces to $250 million the funding available for the Port Security Grant Program (PSGP) for FY 2011.  The PSGP funding for FY 2010 was $300 million.  (4/15/11)
 
(Source: Bryant’s Maritime News)

Government Update

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Another Hurdle for The Ocean Alliance

Commissioner William P. Doyle of the U.S. Federal Maritime Commission today voted in favor of requesting additional information from The Ocean Alliance parties.

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

 
 
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