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Grants Licenses To Build Seven F&G Designs
Friede & Goldman, Ltd. announced that it has completed licensing contracts for the construction of four JU-2000E jackup rigs and for three ExD semi-submersible designs.
J. Ray McDermott Wins Barge Job
J. Ray McDermott ("J. Ray"), a subsidiary of McDermott International Inc. ("McDermott"), announced that it has been awarded a contract by Coastal Drilling Company…
China to Look for Oil in Spratlys
A Chinese firm has won a joint contract from the state oil companies of the Philippines, Vietnam and China to search for oil in a disputed area of the South China Sea…
In Katrina’s Wake, Oil Surges Past $70
Hurricane Katrina swept ashore yesterday as a Category 4 hurricane, and has left untold destruction to the Gulf states of Louisian, Mississippi and Alabama. Another…
Crowley to Build Four ATBs
Crowley's Vessel Management Services subsidiary signed a contract with VT Halter Marine Inc. to build another four articulated tug-barge (ATB), 185,000-barrel tank vessels. million.
Rowan Rig is Missing
Rowan Companies, Inc. completed an initial aerial survey of its 22 rigs in the Gulf of Mexico. All of the company's rigs were located, with the exception of the Rowan-New Orleans.
Transocean Reports Damage to Rig
Transocean Inc. today announced that it has begun the process of deploying personnel to its U.S. Gulf of Mexico-based fleet and damage assessment efforts are underway following Hurricane Katrina.
Profits Fall at Daewoo Shipbuilding
Daewoo Shipbuilding & Marine Engineering Co, the world’s second-largest shipbuilder, reported net income in July declined 34 percent to $$8.1 million from a year earlier.
Hornbeck Offshore Files Shelf Registration Statements
Hornbeck Offshore Services, Inc. has filed a universal shelf registration statement on Form S-3 and an acquisition shelf registration statement on Form S-4 with the Securities and Exchange Commission.
Transocean Awarded Contracts
Transocean Inc announced that Statoil on behalf of a consortium consisting of Statoil, Eni, Norsk Hydro and Shell has awarded multi-year contracts valued at an estimated…
Cal Dive Closes Agreement with Torch
Cal Dive International, Inc. with Torch Offshore, Inc. of the second review of the transaction by the Department of Justice. other assets related to the operations of the vessels. Katrina.
Offshore Rig Assessment Begins
As the extent of the damage to offshore oil facilities in the Gulf of Mexico slowly slowly started to emerge after Hurricane Katrina's passage, oil prices rose above $70 a barrel…
USCG Maintains Hurricane Response
The Coast Guard’s current emphasis is the safety and security of people in the areas impacted by Hurricane Katrina, and is working closely with federal, state and local partners on that goal.
Hornbeck Offshore Reports No Vessel Damage
Hornbeck Offshore Services, Inc. (NYSE: HOS) announced that it has experienced no damage to any of its vessels as a result of Hurricane Katrina, including those…
Marcon Reports Sale of Tugs and Barges
After the earlier sale of the U.S. tank barges "B No. 120" and "B No. Inc. additional large tank barges and three ocean-going tugs. in West Africa. scattered across…
LR Acquires ODS
A Lloyd’s Register Group company has acquired Ødegaard & Danneskiold-Samsøe A/S (ODS), a Danish consultancy specialising in noise, vibration and machinery dynamics.
Is the $100 Barrel Coming?
As Hurricane Katrina slammed through the Gulf of Mexico, energy companies evacuated offshore workers and shut about 91 percent of the region's oil production, or 1.37 million barrels daily…
Amicus Calls for Improved Guidelines for Offshore Workers
Offshore workers union, Amicus, met with Health and Safety Minister Lord Hunt in Aberdeen today to call for better safety regulations for the oil industry. Meeting with the Minister…
Farstad Shipping Buys BASS Solution
BASS announced an agreement with Farstad Shipping ASA, a Norwegian shipping company globally operating Offshore Supply Vessels (OSV), to provide Farstad's entire…
Offshore Drilling Sites Could Expand
As the clean-up and recovery in the wake of Hurricane Katrina proceeds, industry and lawmakers are apparently considering opening additional offshore sites for energy…