Seized Tanker Awaits Unloading
A Russian oil tanker seized in the Gulf for what the U.S. said was the smuggling of Iraqi oil docked in Oman on Monday (today), and its cargo will be unloaded soon…
Erika Captain Says Tight Budgets Overrode Safety
The captain of the tanker Erika, which sank off France's west coast in December causing a huge oil spill, said crews had to work to such tight budgets that safety standards could not always be met.
Parker Drilling Reports $13M Loss
Tulsa-based Parker Drilling Company reported an unaudited loss for the fourth quarter of $13,353,000. This compares with a loss of $11,266,000 for the fourth quarter of 1998.
Sea Grant Panel Members Appointed
Commerce Secretary William M. Daley, has appointed three new members to the National Sea Grant Review Panel, the Commerce Department's National Oceanic and Atmospheric Administration said.
Stolt Comex Reports Results
Subsea contractor Stolt Comex Seaway S.A. reported results for the fourth quarter and the year ended Nov. 30, 1999. Net loss for the latest quarter was $1.5 million…