More Than 38 Million Acres to be Offered for Exploration and Development The Obama Administration provided final details for the Central Gulf of Mexico lease sale announced by President Obama in January 2012, as part of his administration’s ongoing focus on expanding safe and responsible production of our domestic energy sources....
Escopeta Oil’s $15 Million Fine Upheld for Jones Act Violation Opinion by Tony Munoz, Editor-in-Chief of The Maritime Executive and MarEx Newsletter The largest fine ever imposed... Read More >>
BP announced today it has ordered four new platform support vessels (PSV) to help deliver its long term business strategy in the North Sea. The vessels will be deployed to support its West of... Read More >>
Review shows that nearly two-thirds of acreage leased by industry lies idle As the Obama administration continues to make millions of acres available to for oil and gas development, a... Read More >>
Written by: Edward J. Eastlack United States Merchant Marine Academy, Kings Point, NY Edward J. Eastlack of USMMA wrote a powerful thesis for the Masters of Science in Marine Engineering... Read More >>
A Brazilian ship is wrecked and now trapped in ice and spilling fuel in Antarctica. The only hopes of containing the damage will not come until the long South Pole winter eases next... Read More >>
Stock Market Announcement Statoil (OSE: STL, NYSE:STO) together with operator Repsol Sinopec and partner Petrobras confirm the significant potential of the pre-salt block BM-C-33 in the... Read More >>
Statoil has on behalf of relevant licensees awarded contracts for drilling services on as many as 18 fixed installations on the Norwegian continental shelf (NCS). The contracts are worth a... Read More >>
Statoil and partner Petoro have agreed to apply subsea gas compression on the Gullfaks South field. This technological leap forward represents an important milestone in the efforts to improve... Read More >>
New contract with Ensco, Samsung to meet demand for deepwater oil, gas discoveries around the globe (Houston) - Ensco plc has selected ABS as the class society for its advanced-capability,... Read More >>
Wartsila Hamworthy, the global leader in environmental and liquid cargo handling solutions for the marine and oil & gas markets, has underscored its technical prowess in the offshore sector... Read More >>
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