Petrobras Shuts Down 13 Rigs For Leak Check
Brazil's state oil giant Petrobras halted output at 13 offshore rigs on Thursday in the Campos basin to check for leaks after an oil slick appeared on the ocean surface in the area.
GLM's Rose: Dayrates To Hit 3-Year Highs
Global Marine Inc. Chief Executive Bob Rose expects daily rental rates, or dayrates, for offshore oil and gas drilling rigs to surpass their highs of three years ago in 2001.
Statoil Refuses Russian Fuel Oil Cargo
Norwegian state oil and gas company Statoil rejected a Russian fuel oil cargo that breached hydrogen sulphide limits, a toxic gas, currently anchored in Rotterdam.
LNG Company To Be Listed
Norwegian shipping magnate John Fredriksen's Liquefied Natural Gas (LNG) transport company Golar LNG said on Friday it raised $280 million in a private placement…
Baker Hughes Rig Count Down 7
The number of rigs searching for oil and natural gas in the United States fell by seven to 1,225 during the week ending May 18, according to oil services firm Baker Hughes.
Russia Inks Deal To Raise Kursk
Russia signed a deal with Dutch salvage and heavy transport firm Mammoet to raise the wrecked nuclear submarine Kursk, which plunged to the bottom of the Barents…
Volvo Considers Selling Penta Engine Unit
Volvo recently made it known to investment banks that all or part of its profitable Penta marine and industrial engine unit would be up for sale at the right price, Reuters reported.
McGinnis Appointed VP Of Marketing
American Classic Voyages Co. has appointed Scott G. McGinnis vice president of marketing for its Delta Queen product group, which includes Delta Queen Steamboat…
Costa To Operate Exclusive German Cruise Program
Costa Cruises, a unit of Carnival Corporation will launch a new cruise product aimed exclusively at the German market beginning in spring 2002. The new product,…