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Aug 01, 2006
In mid-August, Chevron Canada will drill the first exploratory well in the Orphan Basin. According to industry experts, the exploration of the Orphan Basin could
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Aug 01, 2006
Petroleo Brasileiro SA, Brazil's state-run oil company, will double its spending on drilling equipment to$7b this year, ahead of possible price hikes in an overheated international market,
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Aug 01, 2006
A/S Dampskibsselskabet Torm, a Danish shipping company, is selling three of its tankers for a total of $63m. The move is part of Torm's strategy of selling older
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Aug 01, 2006
Omega Navigation Enterprises, Inc. announced its financial and operational results for the second quarter and for the six-month period ended June 30, 2006. The
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Aug 01, 2006
China National Offshore Oil Co. (CNOOC) could announce a liquefied natural gas (LNG) supply deal in about two to three months, its first in four years, reported China Knowledge Online.
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Aug 01, 2006
The combined exports of Korea’s shipbuilders rose 15.4 percent from a year ago to $10.5b in the first half of this year on delivery of large container carriers, The Korea Herald reported.
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Aug 01, 2006
The U.S. Senate has cleared the way for legislation that would open more than eight million protected acres in the Gulf of Mexico to oil and gas drilling. Senators voted 72-23 to limit debate,
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Aug 01, 2006
The U.S. Navy has awarded Northrop Grumman Corporation a $58.4m contract to continue life cycle engineering and technical services in support of the Navy's fleet
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Aug 01, 2006
The Wilh. Wilhelmsen ASA (WW) maritime group released its result for the second quarter and the first half. WW has written down the value relating to assets in Global Automotive Logistics SAS (GAL),
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Aug 01, 2006
VT Shipbuilding started production of the latest Royal Navy Type 45 destroyer on July 31. Construction of the fifth ship in the Class, which will be called HMS Defender,
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Aug 01, 2006
Acting on behalf of the Aircraft Carrier Alliance (ACA), UK-based BAE Systems Marine Limited, has closed a contract with the Spanish company Sener Ingeniería y Sistemas S.
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Aug 01, 2006
Italia Marittima SpA (ITS) is set to upgrade its Mediterranean – U.S. East Coast (MUS) service in a two-stage process that will see larger and faster ships serving the trade.
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Aug 01, 2006
American Commercial Lines Inc. will christen the M/V Warren E. Bourgeois on August 2 at the new Houston Fleet Facility in Channelview, Texas. The vessel’s namesake, Mr.
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Aug 01, 2006
Efthimios Mitropoulos, secretary-general of the International Maritime Organization, recently became the first holder of a new award for significant contribution to the ferry industry,
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