Qatar ''will be established'' as the world's largest condensate producer by the year 2015, Qatar's Minister of Energy and Industry Dr. Mohammed Bin Saleh Al Sada said here Monday. 
BG Group today signed a sales agreement with Tokyo Gas Co., Ltd., concluding negotiations announced in March 2010 for the supply of 1.2 million tonnes of Liquefied Natural Gas (LNG) a year for 20 years from 2015.
Spanish energy group Repsol YPF SA announced Monday that it will invest at least $768 million in a joint venture with two U.S. firms to explore for oil on Alaska's North Slope.
Twelve people are now reported injured in an explosion and fire Monday at a sweet gas lease site outside of Edson, Alta.
Global Industries, Ltd. announced today that it has been awarded multiple projects by McMoRan Oil & Gas for the decommissioning and abandonment of seven production platforms located in the central Gulf of Mexico in water depths ranging from 100 to 400 FSW.
Korea's Hyundai Heavy Industries has signed a newbuilding contract with the world's biggest oil major, British Petroleum, to build a FPSO to be put into the North Sea - the first FPSO newbuilding contract for Hyundai since this year.
Delivery of the 12 very large ore carriers being built by Jiangsu Rongsheng Heavy Industry for Brazilian miner Vale have been significantly delayed.
Taipei: Anticipating further positive development in the intra-Asia market, Evergreen Line says it is set to launch a new ocean route from Northern China to Jakarta.
Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd, has won a contract from Mexico's Perforadora Central SA de CV (Perforadora Central) to build a repeat jackup rig valued at about US$195 million. 
General cargo Chariot was attacked by pirates in 12 018N 066 143E on Mar 5 2011 at around 1940 LT, pirates used new tactics – there was a decoy attack by a white skiff, departing from mother-ship and attracting attention of vessel under attack, while real attacking skiff with 6 pirates approached vessel from stern port side, skiff was camouflage-painted.
GE Oil & Gas has received a $7 million contract from Total E&P UK Ltd of Aberdeen, Scotland to supply drilling and production equipment for the expansion of the Elgin Franklin gas field in the North Sea.
An easy to maneuver out badly run has stopped the movement of cargo ship "Miltiadis Junior III". Fortunately no one was injured, but the damage is considerable.
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| The Union Shipping Minister, Mr G.K. Vasan. (file photo) |
BMT Fleet Technology, of Ottawa, Ontario has announced its collaboration with the University of Victoria to design and deliver North America’s first ever hybrid, electric research ship. The vessel, formerly known as CCG Tsekoa II, will be used by the University as a research facility off the British Columbia (BC) coast to investigate changing coastal ecosystems, marine resources and continental shelf and slope dynamics.
Royal Dutch Shell Plc, the energy producer planning to develop the Prelude liquefied natural gas venture in Australia, said it expects to drill the Palta-1 exploration well off the nation’s northwest coast as early as September.
A new 1,000 tonne capacity goliath crane has arrived at the Rosyth Dockyard in Scotland.
Nearly a month to the day after it arrived in the port of Hampton Roads, the Chinese ship that brought two new cranes to APM Terminals Virginia Inc. in Portsmouth, leaving one of them damaged as the vessel attempted to depart the first time, sailed from the port Sunday morning, en route for Colombia.
IRISH exploration company Providence Resources has inked a deal to begin a 3D seismic survey in the Celtic Sea, offshore Ireland.
Napa software has been applied by STX Finland Rauma for finding the optimum subdivision design for the P&O Ferries newbuilding ‘Spirit of Britain’.
The High Court (HC) on Monday said import of scrap ship will be allowed on several conditions for ensuring public and workers' safety and environmental protection.
Singapore's Hovertrans Solutions Pte. Ltd. is to build a 50 tonne payload hoverbarge for charter. Measuring 34 m x 17 m, the modular hoverbarge will have a hover height of 1.8 m. Hovertrans Solutions is a subsidiary of ST Marine and the hoverbarge will be built at ST Marine's shipyard.
Ithaca Energy Inc. announces today that the Sedco 704 semi submersible drilling unit has commenced the drilling of the final production well for the development of the Athena field ("Athena"). 
US crude oil prices have hit a new two-and-a-half year high amid concerns that the unrest in Libya could turn into a full-blown civil war.
DOF ASA' subsidiary, the Aberdeen-based specialist subsea service company DOF Subsea UK has secured a contract for Inspection, Repair and Maintenance Services in the Baobab field, West Africa which is worth approximately £1 million. 
The US Bureau of Ocean Energy Management, Regulation, and Enforcement will hold a 1-day workshop on Mar. 25 in New Orleans to discuss standards and requirements for exploration and development plans, with an emphasis on new safety requirements which have been implemented in the last 6 months.
Sikorsky Aircraft's newest commercial rotorcraft, the S-76D™ helicopter, continues to progress steadily toward FAA certification this year, having performed more than 225 test flights and meeting performance, reliability and pilot workload expectations, the company announced today at the Heli-Expo industry show in Orlando. Sikorsky is a subsidiary of United Technologies Corp.
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