According to a March 2 report from Reuters, Gulf of Mexico-focused oil and natural gas company W&T Offshore Inc. forecast weak production in 2011 as most of its properties have reached a saturation point, sending its shares down 14 percent to a two-week low. W&T, which agreed to buy some assets from a Royal Dutch Shell unit in November, sees the share of natural gas in total production to go up to 60 percent from 51 percent last year.
The crew of U.K. Royal Navy’s offshore patrol vessel HMS Trent has seized over $250 million worth of cocaine in the latest…
Key Bridge Unified command salvors have begun preparing for the removal of bridge section four, which lies across the bow…
As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater…
In 2018, convicted cocaine trafficker Slobodan Kostovski fled a Brazilian prison and made his way back to Europe with a fake…
In a showcase of expert project management and engineering precision, GLO Marine successfully integrated a mild-hybrid prototype onboard the MV Mygan, a 6000 tonnes deadweight cargo ship.
Customers using MV3000 products are guaranteed support for the lifespan of their equipment
Read our new report on Fit for 55: Managing compliance and optimising operations under the EU's new regime.
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