The Bureau of Safety and Environmental Enforcement (BSEE) is responding to an explosion at West Delta 105 in the Gulf of Mexico, approximately 12 miles off the coast of New Orleans. The offshore oil and gas operator, Fieldwood Energy, reported…
A Panama Canal delegation headed by Administrator Jorge L. Quijano visited Japan to hold discussions with the Japan Shipowners’ Association (JSA) and the major Japanese shipping lines, as well as end customers such as Japanese car manufacturers and energy sector companies…
A maritime care home in Surrey has taken a huge leap into the world of green living, cutting its carbon footprint and working towards becoming self-sufficient. The Royal Alfred Seafarers’ Society has installed solar panels, a biomass boiler and a borehole at its facilities in Banstead…
Nordic American Tankers Limited Chairman & CEO Herbjørn Hansson addressed the impacts of low oil prices on the tanker business in a letter to shareholders, citing the decrease in oil price as an overall positive for the world tanker market and…
The Australian Renewable Energy Agency (ARENA) today announced $452,000 funding for Fulcrum3D to further develop an advanced cloud tracking system.ARENA CEO Ivor Frischknecht said that effectively tracking and predicting cloud movements…
The Governor of Yamalo-Nenets Autonomous Region, Dmitry Kobylkin, presented the annual report on the situation in the autonomous region.'We have been confronted with new challenges. A number of countries are leading a fairly aggressive sanctions policy against Russia…
Drillsearch Energy Limited today announced a further strengthening of its senior management team with the appointment of Mr Walter Simpson as Chief Operating Officer, reporting to Managing Director Brad Lingo.The most recent role in Mr Simpson’s…
Two members of Fugro’s geoconsultancy team have won international awards – one recently presented in London, UK and the second in Regina, Canada.Dr. Kokkuen Lee, Principal Engineer at Fugro Advanced Geomechanics (Fugro AG), received the David…
The Gazprom Specialized Department was opened today in St. Petersburg State University of Economics, Russia's top-rated higher education institution of economics. Alexey Miller, Chairman of the Gazprom Management Committee Chairman and Igor Maximtsev…
OAO Sovcomflot (SCF Group) today reported results for the nine months and third quarter (Q3) ended 30 September 2014. Nine months 2014 – Financial Highlights (IFRS accounts) USD millions…
China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today. This rig has adopted the latest marine engineering design…
New studies show huge economic and energy potential of untapped offshore areasTwo new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added…
JPMorgan Chase & Co has hired Edwin Tay, formerly with Glencore, as a senior crude oil trader in Singapore, industry sources said on Wednesday.Tay starts with the U.S. bank in January, they said. JPMorgan declined comment.JPMorgan completed…
Ocean Rig UDW Inc. a global provider of off-shore contract drilling oil services, today announced the following: On November 18, 2014, Ocean Rig’s $120 million loan to its majority shareholder, DryShips Inc. (―DryShips‖), was approved by…
DryShips Inc. global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., off-shore contract drilling oil services, today announced the following: *…