Tangiers Petroleum Limited announces it has entered into a farm-out agreement with the Portuguese company, Galp Energia (Galp), for the assignment of a 50% interest in the Tarfaya Offshore area, comprising eight exploration permits, known as Tarfaya Offshore I to VIII, located on the Atlantic Margin
Electromagnetic Geoservices ASA (EMGS) has extended the current charter for the vessel Atlantic Guardian for a firm six months, with two additional three-month options and a flexible start-up date. The Atlantic Guardian has completed the basalt mapping project in the Norwegian Sea and is currently t
Norway’s Electromagnetic Geoservices ASA (EMGS) has extended the current charter for the vessel Atlantic Guardian for a firm six months, with two additional three-month options and a flexible start-up date. The Atlantic Guardian has completed the basalt mapping project in the Norwegian Sea and is cu
Transocean Ltd. announced that it has closed on the previously disclosed transaction to sell 38 shallow water drilling rigs to Shelf Drilling Holdings, Ltd. (“Shelf Drilling”). The list of rigs acquired by Shelf Drilling is provided as Appendix A. Shelf Drilling is a newly-formed company sponsored e
U.S. Senators Roy Blunt (Mo.) and Tom Harkin (Iowa) joined a bipartisan group of 15 of their Senate colleagues in a letter to President Barack Obama calling for “action by the U.S. Army Corps of Engineers to prevent an economic calamity in the center of our nation.” Specifically, the lawmakers are u
The National Shipping Company of Saudi Arabia (BAHRI), one of the world’s largest and most diverse shipping conglomerates, announced that the company will be participating in the 2012 Seatrade Middle East Maritime (SMEM) Exhibition & Conference and will be sponsoring the Press Office for the event.
Leading independent offshore survey company UTEC has announced the acquisition of Geomarine Ltd. UTEC – which is based in Houston, Texas and has offices around the world including Aberdeen, Scotland – has acquired Geomarine Ltd which is headquartered in Newcastle-upon-Tyne with operational offices i
The Gulf Coast Ecosystem Restoration Council announced that it will hold its first public meeting on December 11, 2012 in Mobile, Alabama. The Council, which was established by the Resources and Ecosystem Sustainability, Tourism, Opportunities Revived Economies of the Gulf Coast States Act of 2012,
In order to safely and accurately determine water volumes in tailings impoundments or process water storage ponds, a brand new remotely-operated hydrographic survey boat has recently been launched in the USA and is already in use in Australia and beyond. The Oceanscience Group (San Diego, CA) develo
International Shipholding Corporation announced the successful closing of the previously announced acquisition of U.S. United Ocean Services, LLC (“UOS”), a provider of marine transportation services for dry bulk and break-bulk commodities in the United States. The acquisition was completed for a to
Despite 270 flood warnings in place across the UK on Monday night, 400 shippers, cargo owners and carriers made it to London Gateway’s offices on Tuesday morning to view the latest developments at Britain’s new port and Europe’s largest logistics Park, which opens next year on the Thames. At the ‘In
APA, the second of three Ocean Patrol Vessels built by BAE Systems, was handed over to the Brazilian Navy in a ceremony at Portsmouth Naval Base on November 30. Employees joined guests from the Brazilian and UK Royal Navies, to watch as members of the ship’s company raised the ensign for the first t
Mohamed Chamchati, the unjustly detained general secretary of the Moroccan merchant seafarers’ union, has been released. Like his colleague Said Elhairech, who was freed in October, Chamchati had been arrested in June on clearly mistaken charges linked to the cessation of operations of the Comarit-C
BP has completed its sale of a number of oil and gas fields in the deepwater US Gulf of Mexico to Plains Exploration & Production Company (‘PXP’). As announced on 10 September, BP agreed to sell the fields to PXP for $5.55 billion in cash subject to customary post-closing adjustments, with an effect
