Brazil Onshore Assets for Sale produce 2% of Output
Brazil's state-run oil company Petroleo Brasileiro SA said on Friday it plans to sell its rights to 104 onshore oil and gas concessions, part of efforts to raise…
Mississippi River Reopened After Fuel Spill
The Mississippi River is reopened near Granite City, Illinois, after clean-up operations at Lock and Dam 27 were completed, Friday. An auxiliary lock was opened…
'Singing' Propellers Phenomenon Controlled
A joint research project carried out by Wärtsilä and City University London has succeeded in identifying the specific design parameters that create the risk of 'singing' propellers.
School Students Win Offshore Challenge Prize at UH
Today, a team of eight students from West Side High School in Houston emerged victorious from the first annual High School Offshore and Technology Stars Challenge…
Farstad Sells AHTS
Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, sold the AHTS Far Sea (1991, ME 303 II, 13,219 BHP). Delivery of the vessel to the…
Boskalis Consortium Preferred Bidder for Fehmarnbelt Project
Femern A/S, a subsidiary of the Danish state-owned Sund & Bælt Holding A/S, has today announced its intention to award a substantial contract related to the construction…
Australia: The World’s Next LNG Leader
With a spate of big new projects coming on stream in the next few years, Australia is soon expected to become the world’s largest exporter of liquefied natural gas (LNG).
New Marina for Luxury Yachts at DP World's Rashid Port
DP World has announced plans to build a new marina for luxury yachts at Port Rashid in Dubai. The project comes in response to an increased demand for luxury yachts.
Plunging Scrap Steel Prices Hit Ship Recycling Revenues
The Chinese ship recyclers are feeling the heat as falling scrap steel prices have eaten into their revenues during the past one year, says a report in China Daily.
US Coast Guard's Top Priority: Offshore Patrol Cutter
The U.S. Coast Guard’s “number one priority is the offshore patrol cutter,” the service’s commandant told the House Appropriations Homeland Security Subcommittee Thursday, reports U.S.
Legislation Passed to Protect Great Lakes
The U.S. Senate has unanimously passed bipartisan legislation to reauthorize the Pipeline and Hazardous Materials Safety Administration (PHMSA) through 2019, in…
Bumi Armada Seeks Compensation for FPSO Termination
Malaysia’s Bumi Armada Bhd intends to fully enforce its rights, including initiating legal proceedings against Woodside Energy Julimar Pty Ltd for purportedly terminating…