The Obama administration will give oil and gas companies an extra year to develop their deep-water leases to make up for delays caused by last year's Gulf spill and the subsequent moratorium on some offshore drilling. According to a government official, the extensions will be available for non-producing leases in at least 500 feet of water that expire before Dec. 31, 2015.
The U.K. on Thursday said its Royal Navy had shot down a missile fired by the Iran-backed Houthis from Yemen targeting a…
Royal Caribbean Group raised its annual profit forecast for a second time and beat expectations for first-quarter profit and revenue on Thursday…
Hess Corp on Wednesday said its board has set April 12 as the record date for the determination of the stockholders entitled…
Installed offshore wind capacity in the U.S. grew to 242MW in the first quarter of the year from 42MW in the previous quarter…
As the maritime industry continues to rapidly advance with increasingly stringent regulations and ever-evolving technology, staying ahead of the curve requires embracing innovative technological
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
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