Hearing to be Held on Coast Guard's Fiscal Year 2008 Budget

Wednesday, March 07, 2007
Congressman Elijah E. Cummings (D-MD), Chairman of the Coast Guard and Maritime Transportation Subcommittee, will lead the Subcommittee in examining the Coast Guard's fiscal year 2008 budget, including planned capital expenditures on the Deepwater acquisition program. The Subcommittee will also receive testimony from the Inspector General of the Department of Homeland Security and a representative of the General Accountability Office regarding the Coast Guard's budget and recent investigations of the Deepwater program, including structural problems with the National Security Cutter and the hull failures of the 123-foot patrol boats.

Offshore

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

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

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,

Coast Guard

El Faro Captain Ordered Crew to Abandon Ship before Sinking

The captain of the doomed El Faro cargo ship sounded an alarm for his crew to abandon the vessel shortly before it sank last fall in a hurricane near the Bahamas, killing all 33 onboard, the U.

Navy Discovers Malaysian Tanker

Indonesia's navy has found a tanker carrying almost US$400,000 worth of diesel that was taken by its own crew last week due to a commercial dispute, says a report in AFP.

Philippines: Sea Dispute Won't Shift Ties with China, U.S.

The Philippines' territorial dispute with China over the South China Sea has not caused Manila to rebalance diplomatic ties with either its ally, the United States,

 
 
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