Discoverer Enterprise Begins Contract With BP Amoco
Transocean Offshore Inc.'s drillship Discoverer Enterprise has been accepted by BP Amoco and has begun work under a five-year contract with BP Amoco valued at more than $360 million.
Texaco and McMoRan Exploration Announce Agreement
Texaco and McMoRan Exploration Co. have signed an agreement granting McMoRan the right to explore all or parts of 90 of Texaco's Gulf of Mexico tracts in the Outer Continental Shelf (OCS)…
Department of Commerce Lets Ruling Stand
Commerce Secretary William M. Daley has decided to let stand an earlier Commerce Department ruling in support of the state of North Carolina's objections to exploratory drilling off the state's coast.
Texaco Announces $4.7 Billion Capex Plan
Texaco's capital and exploratory (capex) spending plan for the year 2000 will be $4.7 billion, according to Peter I. Bijur, chairman and CEO. The plan represents…
Spirit Energy Partners To Acquire Assets of Tana Oil and Gas
Unocal Corporation's Spirit Energy 76 unit announced its Spirit Energy Partners, L.P., affiliate has agreed to acquire substantially all the Gulf of Mexico shelf…
Texaco Discontinues Appraisal Drillings
Texaco has discontinued appraisal drilling of the Fuji and adjacent McKinley prospects in the Gulf of Mexico. Fuji is located 150 miles southwest of New Orleans. The No.
BP Amoco Announces Record Quarter
BP Amoco p.l.c. reported its third quarter 1999 results. Third quarter 1999 replacement cost profit, before exceptional items, was $1.95 billion, after adjusting for special charges of $212 million.
Global Divers Completes Complex Pipeline By-Pass Project
Global Divers & Contractors, Inc., a wholly owned subsidiary of Global Industries, rerouted a 20-in. pipeline through an in-line booster pump station platform this…
R&B Falcon Reports 3Q Results
R&B Falcon Corporation reported a loss from continuing operations of $22.4 million for the three months ended September 30, 1999, compared with a loss from continuing…
Gladding-Hearn Delivering Fast Ferry
Gladding-Hearn Shipbuilding, The Duclos Corporation, has begun construction of a new all-aluminum catamaran, which will join three other high-speed ferries built…
Ferry Funds Allocated
The Transportation Equity Act for the 21st Century (TEA-21) provides discretionary funding for the construction of ferry boats and ferry terminal facilities. The…
New Ferry for Maine
Kvaerner Masa Marine (KMM) was selected by the Maine Department of Transportation to negotiate a contract for the design of a new passenger/car ferry. Chosen from among 21 North American design firms…
One PacifiCat Delivered; One in Dry Dock
Following a phasing-in period last year, PacifiCat Explorer became the first vessel out of Departure Bay in the morning, and the last one out of Horseshoe Bay at the end of the day.
BC Ferries to Sell Queen of Victoria
BC Ferries is putting the nearly 40-year-old Queen of Victoria up for sale on the open market, president and CEO Bob Lingwood announced. "Queen of Victoria is surplus to our operations…
HMS: Outfitting ferry for safety, success
Operating between Nassau and Harbor Island and Eleuthera in the Bahamas, M/V Bo Hengy carries passengers daily for a ferry service providing an innovative form of transportation…
Ferry Service Preserved in Short-Term
Washington State Ferries (WSF) is actively working on proposals addressing budget reductions stemming from the passage of Initiative 695 (I-695). The overall effort…
Austal to Establish U.S. Presence
Australian shipbuilder Austal, the world's largest builder of high-speed ferries, has signed a joint venture agreement with Bender Shipbuilding & Repair Co., Inc. (Bender) to establish a U.S.
Long Island USCG Stations Receive MLBs
USCG Stations Jones Beach and Fire Island, in NY, have become the newest USCG Group Moriches units to receive the new 47-ft. Motor Lifeboat (MLB). The state-of-the-art 47-ft.
Vanguard Work Skiff Delivered
Gallatin Steel, of Ghent, Ky., recently bought an 18 ft. work skiff from Vanguard Boats, Bloomington, Minn. The double-hull, 18 ft. work skiff is constructed of 5086 aluminum.
New Dinner Cruise Vessel Delivered
Starship, a 175-ft. dinner cruise vessel, was recently delivered to Starship Cruise Lines of Biloxi, Miss. The mega-yacht style vessel was designed by DeJong & Lebet…