Americas
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Exxon has another oil hit offshore Guyana
The hits keep coming for ExxonMobil in its exploratory drilling offshore Guyana with the declaration that it has positive results…
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Japanese consortium proceeds with Brazilian FPSO charter project
A Japanese consortium comprising MODEC, Mitsui & Co, Mitsui OSK Lines (MOL), Marubeni Corporation and Mitsui Engineering & Shipbuilding (MES)…
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City of Los Angeles sues port truck firms for exploitative labour practices
Three port trucking companies that work the Port of Los Angeles were sued on Monday by the city attorney for…
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Rowan seals acquisition of Petrobras jackup rigs
Texas-headquartered Rowan Companies has sealed the acquisition of two jackup rigs from Petrobras for $38.5m each. The 2013-built P-59 and…
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Petrorio extends BW Offshore FPSO Polvo contract
BW Offshore has reached an agreement with Brazil’s Petrorio to extend the contract for the lease and operation of .…
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Mining firm sues Washington state for blocking coal terminal project
A Utah-based mining company has sued Washington state on constitutional grounds after the firm, Lighthouse Resources, was denied the chance…
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US east coast’s shipping and ports feel effects of ‘bomb’ cyclone
The US Coast Guard (USCG) effectively closed the Port of Baltimore to commercial shipping because of high winds and extreme…
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Diamond Offshore settles rig contract dispute with Petrobras
Houston-based Diamond Offshore Drilling on Thursday announced it has settled a longstanding dispute with Brazil’s state oil company Petrobras over…
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Fairfax invests in Seaspan
Fairfax Financial Holdings, best known for its property and insurance investments, has agreed to take on up to $250m of…
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Petrobras signs agreement to pay $2.95bn settlement in US court over corruption case
Brazil’s state oil firm Petrobras announced on Wednesday that it has agreed in principle to pay a $2.95bn settlement in…
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Department of the Interior looks to expand offshore leases in US Atlantic, Arctic, Pacific and Gulf waters
The US Department of the Interior (DOI) is believed to be readying a proposal for expanding offshore drilling rights in…
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Fednav bulker fined for speeding in whale zone
Fednav supramax bulk carrier has been hit with a $6,000 fine by Transport Canada after breaking speed limits in the…
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Brazil securities regulator accuses eight former Petrobras brass of corruption
Brazil’s securities market authority CVM has accused eight former Petrobras executives of corruption, according to Reuters. CVM, equivalent to America’s…
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Pankaj Khanna takes over from George Economou at Ocean Rig
Sunday marks the final day for George Economou and his nephew Anthony Kandylidis to serve as CEO and CFO respectively…
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BSEE officially starts process of rolling back offshore drilling safety measures
As predicted in Monday’s Wall Street Journal, the administration of US President Donald Trump on Friday began the process of…
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Second person dead from COFCO grain terminal explosion in Argentina
There has been a second fatality confirmed from Wednesday’s explosion and fire at a grain terminal in the port of…
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Keppel’s bribe case settlement followed plea deal by former company lawyer, US court papers show
Last week’s $422m court settlement by Singapore-based Keppel Offshore and Marine with the US Department of Justice (DOJ) followed a…
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Guyana releases details of offshore projects contract with Exxon
Guyana’s government has released details of its contract with ExxonMobil for developing offshore oil resources and it shows that the…
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Explosion at COFCO terminal in Argentina kills one, injures over 20
A grain terminal operated by Chinese state-run grain trading giant COFCO at Argentina’s Port of Rosario suffered a major explosion…
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Freese Shipping bulker grounded in St Lawrence Seaway
The US Coast Guard (USCG) in conjunction with other agencies – American and Canadian – have responded to the grounding…
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