MEO Australia Limited has been advised by the Western Australian Department of Mines and Petroleum as the Delegate of the Designated Authority on behalf of the Western Australia Offshore Joint Authority, that exploration permit WA-361-P has been granted a five (5) year renewal term from 31st January 2011, following mandatory relinquishment of seven (7) graticular blocks.
The head of operations at Canadian Natural Resources' Horizon oilsands mine north of Fort McMurray said the upgrader explosion and fire Thursday that injured five staff came as a complete surprise.
Korea's shipbuilding industry is believed to win back the world‘s No.1 position this year after it was defeated by its Chinese rivals in the main three indicators of the shipbuilding industry last year.
THE INCREASED use of hijacked vessels as mother ships by Somali pirates has reduced their dependence on ideal weather conditions, according to a new report from Risk Intelligence.
Greenland’s energy bureau said it’s met “enormous interest” in licensing rounds planned for the next two years as rising oil prices and ice thaw fueled by global warming make Arctic exploration more feasible.
Fugro NV, the world’s largest surveyor of deepwater oil fields, is about to enter the Iraqi oil and gas business as oil majors are stepping up their exploration and production in the nation.
High Plains Gas, Inc. announced that it has officially taken over the operations of Marathon Oil's Powder River Basin natural gas wells known as the North and South Fairway assets effective December 1, 2010.
The combination of Subsea 7 SA and Acergy SA was completed today, as scheduled.
Ningbo-based state holding shipping firm, Ningbo Marine Company Limited, offered to the public RMB720m convertible bonds to fund four newbuildings, according to the announcement on the Shanghai Stock Exchange.
The world’s largest container line is still based in Denmark. But A.P.Møller-Mærsk’s Maersk Line has been losing market shares since 2005. This appears of the newsletter Alphaliner.
Chinese freighter detained in Philippines for attempt to load ore from controversial mine
The big three Japanese shipping and logistics companies have an unusual level of divergence in their New Year messages, with Mitsui OSK Lines striking a more optimistic note for the future of the shipping sector than either NYK or K-Line
China's Brightoil Petroleum (Holdings) Ltd signed a pact with China Development Bank under which the bank will offer financing support for operations requiring $4 billion as the marine bunker supplier plots a rapid expansion.
Songa Venus achieved operating efficiency of 100% during the month. The rig completed its well for MEO Australia under contract farm out from Shell Development (Australia) during the month and the rig commenced mobilization to Total E&P Australia location to start a 2 firm + 1 option well contract. 
Pan Pandora is an offshore oil and gas field located in water depths of approximately 950 feet (290 meters) in the Norwegian sector of the North Sea. ClampOn will deliver subsea sand monitors to FMC who has the contract for supply and manufacture of subsea production trees, wellheads, choke modules and subsea control modules, template, manifold structure and control systems.
Trelleborg has marked the start of work on its new Brazil facility with a sod-cutting ceremony at the site in Macaé.
Marco Polo Marine Ltd (“Marco Polo Marine” or the “Group”), a growing integrated marine logistic group is pleased to announce that its Singapore incorporated wholly-owned subsidiary, Marco Polo Offshore (II) Pte Ltd (“MPOII”) has signed a memorandum of agreement (“MOA”) to purchase a utility vessel (“the Utility Vessel”) for a total cash consideration of US$4.87 million (“Purchase Consideration”). 
AsherXino Corporation today announced that it is negotiating with a large oil and gas company on a partial farm out of AsherXino's Oil Prospecting License (OPL) 2012 offshore of Nigeria. Details of the proposed farm out were not disclosed.
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