Latest GOM Lease Sale Draws More Bids
Oil and gas companies, enjoying increased cashflow as a result of strong energy prices, submitted a higher number of bids in the latest Western Gulf of Mexico lease sale, the U.S.
Tankers Stop Drifting Runaway Rig
Two tankers were able to stop the drilling rig Roger W. Mowell, leased by Malaysia's Petronas and Vietnam's Oil and Gas Exploration and Exploitation Co., which had…
Kvaerner To Build Cruise Ship For Carnival
Carnival Corporation contracted with Finland's Kvaerner Masa-Yards for the construction of a new 86,000-ton cruise ship for its Carnival Cruise Lines unit. The 2…
Kursk Lifting Unlikely Before Mid-2001
Any operation to lift Russia's sunken Kursk submarine will take months of planning and so is unlikely until summer 2001, Stolt Offshore officials said. Stolt's Norwegian…