According to a Nov. 29 report from The Wall Street Journal, Maersk Oil has been awarded a license covering Block 9 in Baffin Bay, offshore West Greenland. The frontier exploration block is 11,802 sq km.
(Source: The Wall Street Journal)
Energy companies have reduced the number of rigs drilling for oil in the United States to the lowest since August, shifting more rigs in favor of natural gas as crude prices dive,
Bourbon plans to enter the growing Arctic Offshore market in 2016 with a new Anchor Handling Tug Supply (AHTS) vessel built by the Vard shipyard.
This AHTS (Anchor
First major public appearance of new Total head; he challenges European politicians to fight US ban.
The new head of French energy major Total challenged Europe to fight Washington over the U.
Algoma Central Corporation (“Algoma”), the largest Canadian shipowner and operator of domestic Great Lakes vessels announces that it has received all requisite
Wärtsilä and Diesel United Ltd in Japan have signed a ten-year renewal of their co-operation agreement for the sale, manufacturing and servicing of Wärtsilä low-speed marine engines.