Wednesday, July 21, 1999 Maritime News

Mexico Probes Pemex Offshore Mega-project

Jul 21, 1999

Mexican authorities are reportedly investigating alleged inefficiency and financial irregularities in building a multibillion-dollar offshore project by oil and gas monopoly Petroleos Mexicanos.

Shell, Elf Move On Nigerian Alternative Oil Funding

Jul 21, 1999

Royal Dutch/Shell Group and Elf Aquitaine are reportedly moving to develop oil fields in Nigeria using radical new funding schemes the elected government has put under review.

Daewoo Heavy Wins $140M Greek Order

Jul 21, 1999

Daewoo Heavy Industries Co. Ltd. reportedly won a $140 million order from Greece's Kristen Navigation Inc. to build two very large crude oil carriers.

Royal Caribbean To Plead Guilty To Pollution

Jul 21, 1999

Royal Caribbean Cruises Ltd., the world's second-largest passenger cruise line, has reportedly agreed to plead guilty and pay a record $18 million fine for dumping

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