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.
BG Wins Preliminary Israel Offshore Permit
BG Plc has reportedly won a permit for preliminary oil and gas exploration assessment rights to part of a substantial offshore Israel concession.
Bergesen Chairman Sells Shares In Company
Petter Sundt, a board member of Norwegian shipping firm Bergesen, reportedly sold 537,443 A shares in the company for 121.36 crowns each.
Swiss Re To Launch Joint Lloyd''s Hull Insurer
Swiss Re, Lloyd's underwriter Chartwell Re and marine mutual insurance manager Thomas Miller are reportedly setting up a new joint venture marine insurance syndicate at Lloyd's.
ThyssenKrupp Says No Rush To Sell Shipyards
ThyssenKrupp AG reportedly intends to hold onto its profitable shipyard business until a buyer was prepared to pay what the group wanted for it.
Kvaerner To Build Two Tankers For Odfjell
Kvaerner ASA will reportedly build two 37.500 dwt chemical tankers for Norway's Odfjell at its Kvaerner Floroe shipyard.
German, Hong Kong Firms To Build Bahamas Shipyard
Lloyd Werft shipyard and Hong Kong-based conglomerate Hutchison Whampoa Ltd. will reportedly join the Grand Bahama Port Authority to build a $70 million ship repair yard in the Bahamas.
Oil Giants Rally To Landmark Brazil Auction
International oil companies reportedly rallied to Brazil's first-ever oil exploration auction, putting up a surprisingly high $93 million for the right to explore…