Maersk Oil gets green light for more N.Sea wells

Maersk Oil, the oil and gas arm of Danish shipping and oil group A.P. Moller-Maersk (MAERSKb.CO), has received permission to start an extension of two oilfields in the North Sea, the energy minister said. [Read More] Source: Reut...

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Noble Energy Provides Update of Leviathan Deep

HOUSTON, April 1, 2011 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) announced today that it has suspended drilling operations at the Leviathan #1 location, which was testing deeper potential in the well, offshore Israel. The Company identified...

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U.S. pushes Transocean CEO to have workers testify

Chris Graythen / Getty ImagesMichael Bromwich is in charge of regulating offshore drilling. The nation's chief offshore drilling regulator said on Friday that Transocean is not doing enough to encourage employees to testify before an oil spill inquiry and warned...

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Petrobras cancels rig tender

Petrobras has called off a tender for at least two dynamically-positioned deep-water rigs after proposals were deemed to be outside the Brazilian oil company’s budget parametres. The tender attracted a lowest dayrate bid of $414,000 from Transocean, but the Houston-based...

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Det Norske: Delays the Frøy field development

As a result of the decision made by Det norske, a plan for development and operations (PDO) for the Frøy field will not be filed this year, and it has not been decided when such a plan will be submitted.The plan was to submit a PDO in the autumn 2010 with a FPSO...

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Dockwise Announces USD 30 Million in Heavy Marine Transport Awards

Breda, The Netherlands, April 1, 2011. Dockwise Ltd. announces that nine awards for Heavy Marine Transport (HMT) have recently been secured by its subsidiary Dockwise Shipping, with a total contract value of more than USD 30 million.Dockwise has been awarded...

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Ensco and Pride Announce Early Termination of HSR Waiting Period

LONDON & HOUSTON--(BUSINESS WIRE)-- Ensco plc (NYSE: ESV) and Pride International, Inc. (NYSE: PDE) today jointly announced that they have received notice from the Department of Justice and the Federal Trade Commission granting...

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CGGVeritas Offers Geophysical & Geological Datasets to Support the Syrian International Offshore 2011 Bid Round

The Syrian Ministry of Petroleum and Mineral Resources along with the General Petroleum Corporation (GPC) announced on 24th March 2011 the opening of the International Offshore Bid Round 2011 and will be inviting interested oil and gas exploration companies to...

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Statoil: Major oil discovery in the Barents SEA

Statoil, along with partners Eni Norway and Petoro, has made a significant oil discovery on the Skrugard prospect in the Barents Sea. The breakthrough discovery is one of the most important finds on the Norwegian continental shelf in the last decade.Statoil and...

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Cargo Vessel Stranded, Leaking Near Kihnu

Photo: Courtesy of Police and Borderguard Board On Mar 31 the "Listervik" ran aground off the Estonian island of Kihnu in the Gulf of Riga. The Maritime Operations Bureau reported that a cargo vessel has been stranded and suffered damages around 10:00 on March...

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Collision on the Ems - vessel traffic paralyzed

The sinking of a single ship on the river Ems near Papenburg has crippled the ship on Friday afternoon traffic on the waterway. At the height of Papenburg port was the "Livarda" collides with a ship that had set sail from the sea lock. [Read More] Source: Sea...

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Ouhua buys out neighbouring Zhejiang yard

 On the back a recent raft of orders China's  Zhejiang Ouhua Shipbuilding has decided to take over Zhejiang Dexing Shipyard controlled by the KaiKai Group.  Dexing is located in the west part of Ouhua. China's yard scene has entered a dramatic period of consolidation, with plenty more...

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APL to scan Japan exports before loading on ships

One of first carriers to conduct large-scale radiation tests since earthquake YOKOHAMA, JAPAN, 1 APRIL, 2011: Global shipping line APL said today it will begin radiation scanning of containerized Japanese exports delivered to its marine terminal here for transport...

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Diana Shipping: Time charger contract for M/V Semirio

ATHENS, GREECE, April 1, 2011 – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into a time charter contract with Cargill International S.A., Geneva, for one...

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British authorities say hijackings cost $12bn each year

BRITAIN is devoting an extra $9 million to fight piracy on the Indian Ocean amid warnings that hijacking is increasing beyond control.Piracy off Somalia has reached new levels: 150 vessels have been hijacked in the past two years and 500 hostages are being held.[Read...

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Ship owners refrain from further tanker ordering

In what could be perceived as good news for the future balance of demand/supply in the tanker market, ship owners have avoided placing new orders for vessels. According to a report from shipbrokers Gibson, the 18-month long resurgence in crude tanker ordering...

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NYK outlines $6bn fleet expansion plan

Japanese shipowner NYK is planning to spend JPY 500bn-plus ($6bn) on new vessels as part of investments outlines in its new four-year plan, called “More Than Shipping 2013”.The fleet should grow to more than 960 ships by 2016, up from 820 now, as it taps Indian...

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TransAtlantic sells Obbola, Ortviken and Östrand RoRo vessels

TransAtlantic is divesting its three RoRo vessels Obbola, Ortviken and Östrand to SCA Transforest, which has decided to exercise its purchase option. The three RoRo vessels have been leased to SCA for an extended period for its traffic operations for forest products...

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Austal USA Breaks Ground On Three New Facilities

Austal USA held a combined groundbreaking ceremony today, to celebrate the start of work on three new facilities including Phase 2 of the Modular Manufacturing Facility (MMF); a new office complex; and an additional waterfront Assembly Bay. The ceremony was...

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Dredger strikes subsea gas pipeline in Gulf of Mexico, El Paso production platform shut in

The Dredge Bayport, operated by Manson Gulf, LLC, was dredging in the Calcissieu Ship Channel on 30 March when they struck a 12″ condensate and natural gas pipeline.  Damage to the pipeline resulted in a highly flammable “fountain” of gas and condensate erupting...

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Double Happiness for Shanghai Xiang An Electric

On the 31st March 2011 Hull No CX 0405, the first 45,000 dwt bulk-carrier for Shanghai XiangAn Electric Power Shipping Co Ltd was smoothly launched at China Qidong Hongqiang Shipyard, a subcontract yard of Chengxi Shipyard.  Five minutes later, the keel laying...

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Samsung Deliveres Drillship to Ocean Rig

On March 30th, the company’s second drillship, Ocean Rig Olympia was delivered from the SHI Shipyard in Korea. Ocean Rig Olympia is now mobilizing to Ghana for her first contract. Naming Ceremony for the Company’s second drillship took place at the Samsung Heavy...

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Dockwise appointed preferred transport provider for Seadrill

Breda, The Netherlands, 1 April, 2011, Dockwise Ltd., today announces that it has entered into a Master Service Agreement (MSA) with Seadrill Management AS to provide for the transportation requirements of all relevant rigs operated by the Seadrill group, including...

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STX OSV OBTAINS ENVIRONMENTAL LICENSE FOR SHIPYARD CONSTRUCTION IN BRAZIL

Singapore, 1 April, 2011  – STX OSV Holdings Limited ("STX OSV"), one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has reached a major milestone in its planned development of...

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Signal Wins $47M Contract to Build Articulated Tug Barge Unit

Mobile, AL–31 MAR 2011–Signal International has been awarded a $47M contract by Kirby Ocean Transport Company of Houston, Texas, to build an articulated tug/barge (AT/B) unit with an option for an additional unit. The AT/B vessel is comprised of a 20,000 DWT ocean...

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Davie Yards Enters Into an Exclusivity Agreement With Fincantieri and DRS Technologies Canada

LÉVIS, QUÉBEC--(Marketwire - March 31, 2011) - Davie Yards ("Davie" or the "Corporation") announced today that it has entered into an exclusivity agreement with Fincantieri – Cantieri Navali Italiani ("Fincantieri") and DRS Technologies Canada ("DRS"), a Finmeccanica...

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New contract awarded to Bergen Group Vest Elektro

Bergen Group Vest Elektro has been awarded a contract for electrical design and installations on a multifunctional vessel to be built at Fitjar Mekaniske rksted AS for The Norwegian Coastal Administration. The contract also includes an option for the same work...

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