Santos Ltd. and its joint venture partners announced the development go-ahead for the Oyong oil and gas field, following approval granted by the Indonesian government. This is Santos’ first operated offshore oil and gas development in Indonesia. The Oyong field is located in the Sampang Production S
High oil and gas prices provide offshore producers a significant new opportunity to build public support. But it won’t be possible without involving coastal states and communities from the outset, federal and state government officials told the National Ocean Industries Association’s 2005 annual mee
ALGOR, Inc., a leading provider of design, analysis and simulation software, announced that it will demonstrate all-new ALGOR V17 at the 37th annual Offshore Technology Conference 2005 (OTC 2005), being held from May 2 – 5, 2005 in Houston, Texas. OTC 2005 will bring together engineers, technicians,
Some residents of Inuvik are concerned about the impact oil and gas development may have on the region’s beluga whale population. Shell Canada was in Inuvik last week telling people about its plans to build a gas processing facility in the Mackenzie Delta. The company’s Niglintgak natural gas field
Shipping giant Maersk Inc., riding a wave of global trade growth, is poised for a local expansion and relocation, targeting the U.S. headquarters building of Royal & SunAlliance USA. Several real estate sources say the 340,000-square-foot Royal building and its lush, 40-acre campus at 9300 Arrowpoin
Daewoo Shipbuilding & Marine Engineering, the second-largest shipbuilder in the world, said Monday that it had received an order valued at 379.3 billion won to build three oil tankers. Each of the three so-called very large crude carriers will cost $124 million, a record price for such vessels, Daew
It should have been the triumphant end to a five-month journey recreating Captain James Cook
As the single-handed BPE Trophee continues, Sam Davies on Skandia slowed up overnight and is back in third position after damaging the asymmetric spinnaker and was forced to slow down due to not having the correct sails set. In the early hours of this morning, just as Sam had settled down to sleep,
The Democratic People’s Republic of Korea (DPRK) sent back a South Korean fisherman Monday afternoon, five days after he crossed the eastern inter-Korean sea border aboard a vessel despite South Korean military fired warning shots to stop him. A DPRK vessel handed over the South Korean fisherman, Hw
Pakistan arrested 36 Indian fishermen and impounded eight boats on Monday for illegally entering its territorial waters in the Arabian Sea, Pakistani maritime authorities said. The fishermen were arrested 34 km inside Pakistani waters during a routine patrol, the Maritime Security Agency said in a s
The nearly 5,000 employees of the Portsmouth Naval Shipyard will find out in four weeks whether the facility will be named to the federal base closure list. Officials at the shipyard said that closing the base would have a tremendous impact on the area. Employee Paul O’Connor said that workers remai
Yachting New Zealand has received record entries for the annual Youth Sail 2005 Regatta which gets underway this Thursday, April 21. Results will determine the selection of the 2005 Yachting New Zealand Youth Team to go to the ISAF World Youth Championships in Korea in July.
The Borneo Cup Yachting Challenge 2005 – the second sailing regatta in the South China Sea once again takes place between Labuan island and Miri, Sarawak’s upcoming resort city. It will kick off from the marina of Labuan Waterfront Hotel tomorrow, after the Labuan Harbour Regatta which is scheduled
New York – A cruise ship struck by a freak seven-storey-high wave that smashed windows and sent furniture flying returned to New York Harbour on Monday and docked at its berth on the Hudson River. The Norwegian Dawn arrived with more than 2 000 passengers still on board after about 300 others decide