News

The UK's oil and gas industry continues to have a stable and positive outlook, according to the latest survey of business confidence for the sector conducted by trade body Oil & Gas UK.

Thailand has granted production rights in two fields to Chevron Petroleum (Thailand) and Apico (Korat) Ltd., Songpope Polachan, director-general of the Department of Mineral Fuels, told reporters Wednesday.

Prices then fell during the second quarter before turning sharply upward at the start of the third quarter. Both Brent and U.S.

General Dynamics NASSCO has been awarded a $104 million contract modification from the U.S. Navy to renovate and modernize the dock landing

Wednesday 22 August, Russia joined the World Trade Organization as 156th country.

Transas Marine has developed a ship model of a 400,000 DWT Very Large Ore Carrier (VLOC), the largest bulk carrier in the world.

The Port of Rio de Janeiro will receive around R$ 3 billion in investments by 2016, which should increase its capacity by 80%.

The Navy’s revised cost estimate to restore USS Miami (SSN 755) is approximately $450 million, with an estimated date of completion for the repairs of April 30, 2015 officials announced Aug. 22.

On the 21st of August 2012, Israel Shipyards Ltd ( ISL ) launched another commercial vessel, the 5th built within the recent years.

Rolls-Royce, the global power systems company, has secured an £8 million contract to design and power a highly specialised buoy tender vessel for India.

TGS announces a 3D multi-client seismic survey, Honeycombs, which covers 2,500 km2 over the Exmouth Plateau in the Northern Carnarvon Basin, offshore NW Australia.

Port of Melbourne Corporation’s (PoMC’s) $1.6 billion redevelopment of Webb Dock is advancing with the awarding of civil and maritime design contracts.

The world’s largest heavy lift vessel called at the Port of Tyne to pick up a number of offshore modules from IHC Engineering Business (IHC) based at the Port.

Minister for Defence Materiel Jason Clare today announced the departure of the hull of the first of the Royal Australian Navy’s (RAN’s) new amphibious ships from Ferrol in northern Spain.

Searcher Seismic together with project partner Dolphin Geophysical have completed acquisition of the Gulspurv 3D high resolution seismic data.

FPSO Peregrino is one of the biggest and most technologically advanced oil production ships in the world.

European countries provide Greece with tens of billions of euros in aid, yet accept that the cash-strapped country cannot

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today

Deep divisions have emerged once again this week over Igor Sechin’s bid to remain front and centre of the Russian energy industry.

European natural gas prices need to rise by $2 per million British thermal units (mmBtu) in order to attract cargoes of liquefied natural gas