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Energen Agrees To Sell Offshore Properties
Energen Resources Corp. reportedly agreed to sell its interests in 40 federal Gulf of Mexico blocks to Bellwether Exploration Co. for about $22.3 million.
Editor's Note
Despite seemingly best efforts by world leaders, it appears that the wild gyrations ,which are the hallmark of the oil industry, will never truly be tamed. For proof…
Seascope Diversifies From Shipping Base
British shipbroking group Seascope Shipping Holdings Plc plans to diversify further beyond its core business despite expecting better shipping markets this year.
Keppel Singmarine to Build two AHTS Vessels and Two Tugs
Keppel Singmarine (KSM), the specialized shipbuilding division of Keppel Offshore & Marine, will build two Anchor Handling Tug/ Supply (AHTS) vessels for CH Offshore Ltd…
Offshore Industry Leaders Invest Heavily In Safety Programs
The offshore oil industry market, by its very nature, is a challenging work environment that poses many safety hazards, particularly for individuals and companies which lack adequate safety training.
Projections center on When, not If
The cyclical nature of the offshore exploration and production beast is legendary in financial circles, riding boom and bust waves for years at a time. While industry…
Caporelli to Manage Crowley's Tug Dispatch Operation
Crowley Marine Services announced today that Elizabeth Caporelli will join the company's ship assist and escort services group as Manager of Tug Dispatch in Southern California. in San Diego.
FDGM Awarded U.S. Navy DVD Contract For Mine Warfare Fleet
FDGM, the Northern Virginia subsidiary of Italian engine manufacturer Isotta Fraschini, has been awarded a U.S. Department of Defense contract to supply spare parts…
New Offshore Terminal Designs May Expedite LNG Deliveries
In the wake of announcements by the Federal Reserve about the need for more natural gas, Saipem Group, Single Buoy Moorings, Bluewater Offshore, Spectrum Energy Services…
Ameron’s Singapore Unit Awarded with Silver Q-Mark Certificate
At Samsung Quality Forum 2003 in Norway Samsung Quality Forum 2003 Highlighting a co-ordinated campaign to match SHI’s ambitious commercial strategy with a new drive…
Farstad Enters Long-Term Charter with Arrendadora
The Mexican offshore service company Arrendadora Ocean Mexicana SA is nominated as winner of a maintenance contract for the oil company Pemex in Mexico. This contract…
People & Company News
Michael Carthew, President, Chevron Texaco Shipping and Dean Taylor, President and CEO, Tidewater Marine were elected to the ABS Board of Directors, by the ABS Council…
Simrad Launches Type-Approved AIS
Simrad launched an Automatic Identification System (AIS) package at NorShipping. The Type Approved Simrad AI70 is designed to be a compact and user friendly unit…
Keppel FELS Gets Contract from GlobablSantafe
Keppel FELS Limited, the offshore unit of Keppel Corporation, has clinched a contract from GlobalSantaFe Corporation to upgrade jack-up, Rig 136. GlobalSantaFe is…
Stolt Offsore Completes Deepwater Subsea to Subsea Installation
Stolt Offshore in Houston has successfully completed a deepwater subsea to subsea installation, including one flowline and one umbilical, for Shell’s single well Einset project in the Gulf of Mexico…
Offshore Sector SCORE Remains Flat
GlobalSantaFe reported that the company's worldwide SCORE, or Summary of Current Offshore Rig Economics, for January 2002 was down from the previous month's SCORE by 0.2 percent. previous month.
Enter the LNG-Fueled Supply Ship
A landmark decision to use liquefied natural gas (LNG), instead of diesel oil, to fuel a new class of offshore support vessel has taken operational form on the Norwegian…
Seminar Series Aims to Ensure Compliance
A new series of seminars, starting in July and ending in September, aims to educate the maritime community on fast developing new rules and regulations, and more importantly…
CABGOC Awarded Contracts
ChevronTexaco Corp. announced that its wholly owned subsidiary Cabinda Gulf Oil Co. Ltd. (CABGOC) has awarded three major contracts for the first phase of the development of the Benguela…
SSS: Separate Storage Shuttling
The advent of FPSO and Shuttle Tankers serving the deepwater fields of the Gulf of Mexico is drawing closer, as oil companies study the most economical means to move product from point A to B…