USCG Initiates Risk Assessment of U.S. Ports
The USCG has launched a series of risk assessment meetings at ports around the nation to evaluate navigational safety problems in individual ports, and to determine…
OSL Forms Ballast Systems Alliance
OSL Offshore Systems & Deck Machinery has formed a business alliance to manufacture and supply turnkey ballast systems for offshore drilling and production rigs.
Controversial Brent Spar Disposal Coasts Soar
Shell U.K. Exploration and Production said the final cost of a four-year project to decommission its controversial Brent Spar oil buoy had risen sharply. At a feedback…
Transocean Announces 18-Month Contract for Semi
Transocean Offshore Inc. announced that one of its subsidiaries was awarded an 18-month contract from Norsk Hydro, on behalf of the Troll License Group, for the fourth generation semisubmersible…
R&B Falcon Completes $270 Million Project Financing
Deepwater Drilling II L.L.C., a limited liability company owned by affiliates of R&B Falcon Corporation and Conoco, has concluded a $270 million project financing.
Noble Drilling Announces Delivery of Fourth Semisubmersible Conversion
Noble Drilling Corporation announced its fourth successful EVA-4000TM semisubmersible conversion, Noble Amos Runner, began its five-year contract for Kerr-McGee Corporation…
Major Shallow Water Oil and Gas Find
Sperry-Sun, a Division of Dresser Industries, Inc., participated in drilling a significant crude oil and natural gas discovery in Anadarko Petroleum Corp.'s subsalt exploration program.
Aker Marine Sets New Mooring Water Depth Record
Aker Marine Contractors, Inc. (AMC), working under contract to Vastar Resources, Inc., recently set a new world water depth record for conventionally-moored drilling…
MMS Publishes Final Regulations for Bonus Bids
The Department of the Interior's Minerals Management Service (MMS) published a final rule regarding the use of electronic funds transfer (EFT) by oil and natural…
Ocean Rig and Friede Goldman Agree on Delivery Date
Ocean Rig ASA and Friede Goldman International have reached an agreement on new delivery dates for Ocean Rigs Bingo 9000-1 and 9000-2: March 31, 2000 and June 30, 2000, respectively.
Western Gulf of Mexico Lease Sale 174 Attracts $94.6 Million in High Bids
A Federal offshore natural gas and oil lease sale in the Western Gulf of Mexico received $94.7 million in high bids. The U.S. Department of the Interior's Minerals…
Global Industries to Acquire ETPM
Global Industries, Ltd. has signed a definitive purchase agreement to acquire ETPM, SA, a leading international offshore construction company wholly-owned by Groupe GTM…
MITAGS Trains Thai Mariners
The Maritime Institute of Technology and Graduate Studies (MITAGS) in Linthicum Heights, Md., recently trained several Thai mariners. This program was part of a…
Beating Corrosion Through Education
Robroy Conduit Division, a market leader in rigid metal PVC-coated conduit, is making a concerted effort in the battle against an estimated annual cost of more than…
Mack Boring, ECTI Offer Diesel Classes
The growth of diesel engine use in the marine industry has created a need for basic education and hands-on instruction for owners who want to do their own repairs.
Aker Marine Sets New Mooring Water Depth Record
Aker Marine Contractors, Inc. (AMC), working under contract to Vastar Resources, Inc., recently set a new world water depth record for conventionally-moored drilling…
MMS Publishes Final Regulations for Bonus Bids
The Department of the Interior's Minerals Management Service (MMS) published a final rule regarding the use of electronic funds transfer (EFT) by oil and natural…
Ocean Rig and Friede Goldman Agree on Delivery Date
Ocean Rig ASA and Friede Goldman International have reached an agreement on new delivery dates for Ocean Rigs Bingo 9000-1 and 9000-2: March 31, 2000 and June 30, 2000, respectively.
Chevron Opposes Oil Import Duty, Anti-Dumping Petitions
Chevron has reaffirmed its opposition to the anti-dumping and countervailing duty petitions filed against imports of crude oil from Mexico, Venezuela, Saudi Arabia and Iraq.
Elf Makes Second Gulf Of Mexico Discovery
French oil company Elf Aquitaine has announced its U.S. oil and gas subsidiary Elf Exploration Inc. made its second deep offshore oil discovery in the Gulf of Mexico this year.
