PGS Awarded Two Seismic Contracts
Petroleum Geo-Services ASA (PGS) was recently awarded a seismic contract in deepwater Gulf of Mexico. PGS will utilize its proprietary 3-D marine seismic vertical…
Transocean Offshore Inc. Announces 30-Month Contract for Discoverer Seven Seas
Transocean Offshore Inc. announced one of its operating subsidiaries has been awarded a 30-month contract commitment by Petróleo Brasilerio S.A. (Petrobras), the state oil company of Brazil…
Esso Exploration Rejects Marine Drilling Rig
Marine Drilling Cos. Inc. announced it tendered its Marine 700 semi-submersible drilling rig to Esso Exploration Inc. for acceptance under their five-year contract…
R&B Falcon Lands Drilling Contracts for Semisubmersibles
R&B Falcon Inc. has been granted a contract by Petro-Canada, utilizing the fourth-generation semisubmersible Henry Goodrich for the development of the Terra Nova field offshore eastern Canada.
BP Amoco Announces Four Major Deepwater Finds
BP Amoco announced four significant oil discoveries in the deepwater Gulf of Mexico, including the largest made to date by any company. These major exploration successes…
MMS Issues Final Notice of Sale
The U.S. Department of the Interior's Minerals Management Service (MMS) has published the Final Notice of Sale for Western Gulf of Mexico (GOM) Sale 174. The sale will be held August 25…
Oil Companies Spent More, Earned Less In 1998
Worldwide capital spending by publicly traded energy firms increased in 1998 even though falling oil prices sent revenues and profits plummeting, according to an Arthur Andersen report.
Schooner America Arrives in Boston
America, a 139 ft. schooner and recreation of the most famous American racing vessel of all time, helped kick-off Sail Boston 2000 when it sailed into Boston Harbor, July 14.
Celebrity Cruises Selects James P. Colie & Assoc. for Major Refit of Zenith
In one of the largest interior renovation projects in the history of James P. Colie & Associates, the company announced it will refurbish several large and luxurious…
New Contract for Preservation Shipyard
Preservation Shipyard in Newburyport, Mass., has been awarded a contract by Shannon Development of Naples, Fla. for construction of Keewaydin, a 40-ft. USCG-certified…
Bay Ship & Yacht Recognized as Experts in Lifeboat Repair
Bay Ship and Yacht offers the specialized service of repair and renovation of lifeboats. The work is performed at the company's Point Richmond, Calif. facility.
Update on Mr. Bice Salvage
Bisso Marine Co., Inc., has completed salvage of 60 percent of the hull section of Broughton Drilling Company's jackup, Mr. Bice. The jackup removal project is located in Grand Isle Block 49…
Marcon Sees Crewboat Revitalization
Marcon International presently has 102 crewboats officially available for sale, both domestically and abroad. As brokers, the company is starting to see signs of…
USCG Implements Y2K Command Center
Essential Technologies, Rockville, Md., announced the USCG is using its Y2K Command Center software to manage Y2K data submitted to the USCG by marine industry businesses…
Hvide Marine Announces Second Quarter Results
Hvide Marine Incorporated, Fort Lauderdale, Fla., reported a net loss of $23.7 million for the quarter ended June 30, 1999. These results reflect a loss of $14.1 million on the sale of assets.
Waterways Conference to Feature Political Leaders
Sen. Blanche Lambert Lincoln (D-Ark.) and Tennessee Gov. Don Sundquist will be the featured speakers at the National Waterways Conference's annual meeting, which…
Vessel Sales Arranged by Marcon
Marcon International has reported the following sales, all arranged by the company. C & C Boats of Southern California has sold crewboat Irene T II (57 x 17.5 ft.…
West Coast Oil Spill Task Force Announces Legacy Award Winners
The States/British Columbia Oil Spill Task Force presented its first Legacy Awards for Oil Spill Prevention at its 1999 Annual Meeting, in Valdez, Alaska. The winners included: ARCO Marine…
Kirby Corp. Buys Hollywood Marine
Kirby Corp., the largest U.S. tank barge operator, has agreed to buy Hollywood Marine Inc., an inland tank barge company based in Houston, for about $325 million.
SeaJets Welcomes JetFoils Back to U.S. Waters
SeaJets, a Palm Beach-based transit firm, has brought two American-made Boeing 929 JetFoils back to U.S. waters for the launch of high-speed marine transportation…