Vietnam Halts South China Sea E&P After Chinese Threats

By MarEx 2017-07-25 16:51:18

Following alleged "threats" from China, Vietnam has ordered Spanish oil firm Repsol to halt E&P activity at Block 136-03, an exploration lease located near Vanguard Bank in the South China Sea. Diplomatic sources report that China threatened to attack Vietnamese installations in the Spratly Islands if Repsol did not halt its work. Vanguard lies about 200 nm southeast of Vung Tao, and Vietnam has maintained a series of manned

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U.S. Navy Vessel Fires Warning Shots at Iranian Boat

By MarEx 2017-07-25 21:42:47

On Tuesday afternoon, the Cyclone-class patrol vessel USS Thunderbolt fired multiple warning shots at an Iranian Revolutionary Guard Corps patrol boat. The IRGC Nassar-class...


Adm. Zukunft Calls for More Coast Guard Funding

By MarEx 2017-07-25 21:14:39

On Tuesday, Coast Guard Commandant Adm. Paul Zukunft testified before the House Subcommittee on Coast Guard and Maritime Transportation about acquisition...


Exxon Strikes Oil Again Off Guyana

By MarEx 2017-07-25 20:05:50

Exxon Mobil said Tuesday that it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total discovery to approximately 500 million barrels...


Shell's Prelude FLNG Reaches Australian Waters

By MarEx 2017-07-25 19:24:36

Shell Australia announced Monday that its Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters. Shell Australia Chairman Zoe...


Petronas Cancels Giant B.C. LNG Terminal

By MarEx 2017-07-25 18:35:25

Petronas subsidiary Pacific NorthWest LNG (PNW LNG) announced Tuesday that its proposed $36 billion liquefaction plant in Port Edward, British Columbia has been...


Structural Composites Solve Common Pump Problems

By MarEx 2017-07-25 13:46:57

Instead of repairing a pump with OEM parts or replacing it with a new pump of the same quality, shipowners have a better option: upgrading pumps with products that last much...


Drone Completes Over-the-Horizon Platform Inspection

By MarEx 2017-07-25 13:27:52

UK-based startup FlyLogix, an operator of inspection drones for the offshore industry, says that it has completed the longest-distance civilian drone flight in Britain...


Coast Guard Rescues Haitian Migrants from Island

By MarEx 2017-07-24 21:17:58

On Friday, the U.S. Coast Guard and the Royal Bahamas Defence Force (RBDF) rescued 88 Haitian migrants Friday from the uninhabited island of Little Inagua,...

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