Americas
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W&T Offshore ordered to pay over $47m to Apache in well-plugging dispute
Houston oil and natural gas producer W&T Offshore must pay more than $47m to fellow Houston firm Apache Corporation as…
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BP gives green light to Angelin offshore gas project off Trinidad
BP Trinidad and Tobago (BPTT) has given the green light to an offshore gas project 60 miles southeast of Trinidad. Development…
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Trump’s decision to pull out of the Paris Agreement must not derail IMO’s emissions drive
A host of senior shipping officials and NGOs have reacted as one to urge the International Maritime Organization to continue…
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Chevron sells its Trinidad subsidiary with offshore gas fields to Shell
Chevron is selling its Trinidad and Tobago subsidiary to a subsidiary of fellow supermajor Royal Dutch Shell, including stakes in…
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Teekay Tankers adds 18 vessels with Tanker Investments acquisition
Teekay Tankers has moved to bolster its fleet with the acquisition of Oslo-listed Tanker Investments (TIL) in a share-for-share merger.…
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Rowan to lay off 150 workers after drillship contract terminated
Offshore drilling contractor Rowan Companies is going to lay off up to 150 offshore workers due to the contract termination…
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Transocean completes jackup fleet sale to Borr Drilling
Offshore drilling contractor Transocean has completed a transaction to sell its entire jackup fleet to Borr Drilling for a total…
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Ports in Argentina hit by three-day strike of inspectors
Many seaports in Argentina are facing shutdowns and slowdowns over three days starting on Wednesday as port inspectors mount a…
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Is the future of transport magnetic?
Project leaders from two well known universities have revealed their experiences in developing magnetically-propelled transit pods for the SpaceX Hyperloop.…
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Global real-time maritime tracking service launched
Satellite AIS data services provider exactEarth has launched exactView RT powered by Harris, which it claims is the world’s first…
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Ensco to acquire Atwood Oceanics
UK-based offshore driller Ensco has entered into a definitive merger agreement with Atwood Oceanics which will see Ensco acquire the…
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Harvey Gulf International Marine secures charter for CSV
US offshore vessel operator Harvey Gulf International Marine reports it has secured a charter for the multi-purpose construction support vessel…
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Strike by Chile customs workers ends after five days
The strike by customs workers at Chile’s ports has come to an end. Seaports along the nation’s lengthy Pacific coast…
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Production under way at Shell and Petrobras deepwater FPSO in Brazil’s pre-salt
Deepwater production has begun at the floating production, storage and offloading vessel FPSO P-66 offshore Brazil, a joint venture of…
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Morten Arntzen: ‘Do the opposite of what the Norwegian investment banking world consensus position is’
He’s one of the most famous names in shipping, and one of our industry’s most amusing. Morten Arntzen, now in…
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Husky Energy going ahead with West White Rose offshore Newfoundland
Canadian oil and gas company Husky Energy on Monday announced it had approved proceeding with its West White Rose Project…
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Otto Energy raising $8.2m for SM-71 project offshore Louisiana
Australian oil and gas E&P company Otto Energy on Monday announced it is raising $8.2m for its US Gulf of…
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Oceaneering secures 10-year ROV contract
Oceaneering International has announced that its subsidiary, Oceaneering Canada has entered into an agreement with a major international oil and…
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Port Everglades gets go-ahead for $437.5m expansion
Port Everglades in south Florida has received the green light from local commissioners in Broward County so it can begin…
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US Maritime Administration offers nearly $10m in grants for shipyards
The US Department of Transportation’s Maritime Administration (MARAD) has made available $9.8m in grants for eligible small shipyards. Grants will…
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