ExxonMobil Production Company, as operator and on behalf of the other unit working interest owners, today announced a new project to develop and produce hydrocarbon resources from the Point Thomson field on the Alaska North Slope. ExxonMobil submitted the plan to the Alaska Department of Natural Res
Lundin Petroleum AB is pleased to announce that drilling of the exploration well 15/12-19 on the Phi-North prospect located in Block 6/3 and 15/12, production license PL 292, in the North Sea sector of the Norwegian Continental Shelf (NCS), has commenced.
Recently, the PCTC ‘Aegean Breeze’ of Wallenius Lines, Sweden, completed the conversion work in COSCO Dalian Shipyard and took off successfully after trial. The work scope included the deck raising and superstructure upgrade. After the successful conversion of ‘Baltic Breeze’, the upgrade work of ‘A
The skipper of a Coastguard tug which ran aground off Shetland while he was drunk has been jailed for eight months. Peter Leask, 42, admitted he was more than three times the legal alcohol limit while in charge of the vessel.
Ahead of new proposals to tighten controls on illegal fishing in EU waters, Fisheries Commissioner Joe Borg told ministers yesterday (18 February) that the phenomenon remains a major cause for concern due to “serious shortcomings” in the enforcement of the Common Fisheries Policy.
Top UK yacht builder Oyster Marine has been sold to UK based private equity fund Balmoral Capital for an undisclosed sum. The company was founded in 1973 by current Chairman Richard Matthews. Oyster yachts have a worldwide reputation for quality and performance and are recognised throughout the sail
The area Offshore of Van Oord has been awarded several various projects in Norway, Denmark, Australia and South Korea. The award of the Ormen Lange II contract in Norway requires rock installation to protect the subsea templates and infield pipelines in over 800 m of water. The amount of rock to be
Within 10 years, the tiny port of Churchill in the Canadian Arctic could be transformed into a hub of world trade, newspaper The Times writes.
There was no fear of daring in the ship owners of Beverley, the Benetti Classic number 11 launched by the Business Unit in Viareggio on Tuesday 29th January, who wanted a black hull for their boat, the first ever to be delivered by the Viareggio shipyard.
Extra-large yachts can bring thousands of dollars to the cities where they drop anchor. To yacht broker Tom George, the Honda Grand Prix of St. Petersburg means one thing: boats, big ones, and lots of them. The race attracts dozens of uber-wealthy yachtsmen eager to strike nautical poses and glimpse
Mackeddie Marine is to launch the megayacht Platinum in a world first at Sanctuary Cove Boat Show. The 37m custom motor yacht was built in Launceston, Tasmania over three years. The vessel offers accommodation for ten with four double cabins and an owner’s or ‘honeymoon’ suite on the main deck.
Asia’s three largest steelmakers agreed to pay Cia. Vale do Rio Doce 65 percent more for iron ore, setting a global benchmark for prices that’s less than some analysts estimated.
Wellington (AP): Ten Frenchmen from a racing yacht that capsized on Monday off New Zealand were winched to safety by helicopter and flown to dry land, rescue officials said. Three rescue helicopters winched the crew of the Groupama III to safety mid-afternoon and flew them to Taieri Airfield near th
The European Commission appears ready to come to an agreement with the owner of Poland’s Gdansk shipyard, cradle of the Solidarity labour union that helped overthrow communism, which would allow it to restructure and survive, according to a spokesman for ISD, the Ukrainian company that bought the ya
