FGH Rejects Petrodrill Contract
Friede Goldman Halter, Inc., (FGH) announced that the bankruptcy court has officially rejected the Petrodrill contracts. On June 12, FGH filed a motion with the…
FGH Completes Rig Repair
Friede Goldman Halter, Inc. (FGH) announced that FGO, the company's rig segment, has completed repairs to the Noble Amos Runner, an EVA 4000 semisubmersible which…
Viking Gets Approval For Evac Chute
In May 2001 Viking received tangible evidence of efforts made in terms of research and development. The U.S. Coast Guard granted Viking its Certificate of Approval…
Mexico Seeks To Lure LNG Projects
Struggling to meet a growing deficit in its natural gas supplies, Mexico is hoping that regulatory changes will lure new liquefied natural gas (LNG) projects by as early as September.
Hyundai Heavy Wins LNG Orders
South Korea's Hyundai Heavy Industries won $340-million orders to build two LNG carriers for Golar LNG of Norway. One of the ships would be delivered by December 2003 and the other by July 2004…
French Tanker Owner To Fold
French tanker operator Copamar said it would have to fold after a French court backed TotalFinaElf's decision to pull out of a five-year charter of two aged tankers.
P&O Cruises Looks To Boost Yield
P&O Princess Cruises, the world's third largest cruise operator, said lower holiday prices would cut revenue yields this year, but added it still hoped to boost…