Chevron Corp is putting a plan to drill for oil in the Beaufort Sea in Canada's Arctic on hold indefinitely because of what it called "economic uncertainty in the industry" as oil prices fall.
The Bureau of Safety and Environmental Enforcement’s (BSEE) David M. Moore recently traveled to Seattle, Wash., for a meeting of the Arctic Council Emergency Prevention,
While ships have used electricity to help power vessels for a long time, new and sophisticated diesel-electric technologies are making serious gains in efficiency,
BigRoll Shipping announced that COSCO Dalian Shipyard Co. Ltd has been contracted to build two more MC Class Module Carriers, bringing the total number of vessels under construction to four.
Russia’s largest shipping company is continuing to develop its potential in the LNG transportation segment by entering into a new long-term agreement with Royal Dutch Shell.
ABIS Projects has won a clutch of contracts worth around £1million over the next 15 months. The oil and gas project services consultancy has secured frame agreements
Denmark has claimed ownership of around 900,000 square kilometers of the continental shelf in the Arctic Ocean by filing documents to United Nations.
On November 21, the International Maritime Organization, or IMO, finalized the Polar Code and adopted amendments to the International Convention for the Safety of Life at Sea,
President Vladimir Putin said on Monday that Russia should make a leap in developing its fundamental science after Western powers limited the country's access to
Messoyakhneftegaz has began building a pressurized pipeline from the Messoyakhinskoe group of deposits, located to the north of Yamalo-Nenets Autonomous Region,
OAO Sovcomflot (SCF Group) signed a new USD 319 million 10 year credit facility with a consortium of leading European banks with ING acting as Agent. The funds
Zamakona Yards signed a collaboration agreement with finish Multinational GS Hydro.
The agreement, with an initial duration of two years, will include hydraulic
The scientists of Siberian Federal University with the support of Rosneft found a missing population of Evenki wild reindeer. It became possible through implementation
State commission on reserves confirmed the fact of discovery of the new arctic oil and gas field Pobeda on the Kara sea shelf. The field was discovered as the result
Edison Chouest’s Fairweather, LLC lessens Arctic risk while increasing efficiencies in a challenging environment.
As interest in offshore commerce in the Arctic increases,
While the large oceangoing variety of ships garners the lion’s share of attention in regards to Arctic operations, modern offshore vessels that will be required
MTU, a Rolls-Royce brand, was chosen to power the Sikuliaq, a U.S. academic research vessel tailor-made for oceanographic research. The Sikuliaq, one of the most
William Cho, Head of MatthewsDaniel Weather, a division of the Bureau Veritas Group, explains why improvements in drilling technologies and weather monitoring systems
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of
The nation’s only heavy icebreaker departed Seattle Sunday for a four-month mission to Antarctica as part of Operation Deep Freeze, the annual Joint Task Force