|
Jun 04, 1999
Nigeria's new President Olusegun Obasanjo reportedly announced that future oil prospecting concessions would only be allocated through competitive bidding.
|
|
Jun 04, 1999
Norsk Hydro is reportedly planning to present a formal takeover bid for oil firm Saga Petroleum next week.
|
|
Jun 04, 1999
Statoil has reportedly withdrawn its cancellation of a one-year lease for the drilling vessel West Navion, owned 50-50 by Statoil's unit Navion and offshore firm Smedvig
|
|
Jun 04, 1999
Moody's Investors Service reportedly confirmed its debt ratings for Newport News Shipbuilding Inc following the announcement that Newport News will not increase
|
|
Jun 04, 1999
South African Marine Corp Ltd (Safmarine) will reportedly fight a court application to liquidate the company and denied that it could not pay debts linked to its charter unit.
|
|
Jun 04, 1999
Shipyard Slovenske Lodenice Komarno reportedly faces serious delivery problems due to the blockage of transport on the Danube in Yugoslavia.
|
|
Jun 04, 1999
Litton Industries Inc. reportedly sealed a deal to buy Avondale Industries Inc. and said it would press ahead with efforts to acquire Newport News Shipbuilding Inc. despite Pentagon opposition.
|
|
Jun 04, 1999
Taiwan's shipping giant Evergreen Marine Corp said it plans to invest a massive $3 billion to build a cruise fleet to cope with the world's bullish tourism business.
|
|
Jun 04, 1999
NNS Will Not Boost Avondale Bid
Newport News Shipbuilding reportedly will not increase its bid for Avondale Industries, Inc., after Avondale said it was prepared
|
|
Jun 04, 1999
J. Erik Hvide Steps Down
Hvide Marine named Jean Fitzgerald chairman, president and chief executive officer, replacing J. Erik Hvide, who resigned for personal reasons.
|
|
Jun 04, 1999
Friede Goldman In Deal To Buy Halter Marine
In a deal that will create the U.S.’ most prolific offshore building company, Friede Goldman International Inc. announced
|
|
Jun 04, 1999
Marine Drilling: Confident It Can Deliver On Time
Marine Drilling believes it will meet the July 15 contract deadline for the Marine 700 drilling rig but said that there is a risk it will fail.
|
|
Jun 04, 1999
Waratah Joint Venture Given Green Light
Waratah was cleared by Australian authorities to buy a towage business and tug from The Broken Hill Pty Co Ltd.
|