The Nigerian National Petroleum Corporation (NNPC) has sued for the use of vessels for transporting crude oil. The corporation made the proposal to the Federal Government following the recent regular occurrence of pipeline vandalisation and the frequent kidnap of oil workers especially expatriates.
easyCruise just got easier … on the eyes. The outgrowth of easyGroup (the ubiquitous company also known for its Internet cafes, rental cars and even men’s toiletries) unveiled its “new look” today, which will debut onboard the upcoming easyCruiseTwo, the second vessel in the fleet. In a departure fr
Jersey’s shipping industry is to be the subject of a study by the island’s competition authority. The investigation, requested by Economic Development Minister Philip Ozouf will cover ferries, freight and port services. It will look at competition levels, fee and price structures, and measures that
An outbreak of TB on a Royal Navy helicopter carrier has left 50 crew members with a latent form of the disease and three confirmed cases. The entire ship’s company was tested after two crew members on the Devonport-based HMS Ocean were diagnosed with TB last month. The third case was confirmed by t
Federal officials now say the dredging of PCBs from the upper Hudson River won’t begin until 2008. According to a news release from the Environmental Protection Agency’s Manhattan office, the EPA agrees with General Electric’s contention that dredging can’t start next year because of the constructio
The Vintage Yachting Games will bring together competitors in past Olympic Classes for a combined event every four years to celebrate their glory days at the pinnacle of Olympic sailing. The inaugural event is scheduled for Medemblik, Netherlands in September 2008. The International Class Associatio
PRODUCTION from two new projects helped push Santos’s sales revenue for the first half to a record $1.3 billion, up 29 per cent on a year earlier. The company’s first-half production was 28.7 million barrels of oil equivalent (mmboe) – a record – up 2.4 mmboe on the first six calendar months of 2005
Sky Petroleum, Inc. (OTCBB: SKPI), an oil and gas company with a development project in the United Arab Emirates, is pleased to provide an update on the Mubarek Field Project. Sky Petroleum and Crescent Petroleum Company International Limited (“Crescent”), the operator of the Mubarek Field, have agr
Hemi Energy (Pink Sheets: HMGP – News) is finalizing the acquisition of approximately 104 additional wells. These additional wells are located adjacent and offsetting to the 63 wells currently being upgraded and converted to EOR (Enhanced Oil Recovery). This acquisition will allow for ongoing expans
Samsung Heavy Industries(SHI) on July 27 announced that it concluded a contract with Atlantico consortium to build and operate a shipyard at the Suape area in Brazil, and to give technology support on ship construction design to this shipyard. Atlantico is a consortium composed of four companies, es
Total (operator, 100%) announces an oil discovery in Block NC 191 in southwestern Libya, around 800 kilometres south of Tripoli. This is the first find in the block, located in the southern Murzuq Basin and awarded to Total in March 2001. Drilled to a total depth of 1,735 metres, the D1 well tested
TYNESIDE shipyard Swan Hunter – the only yard in the UK with a ship-breaking licence – yesterday cast doubt over whether it will buy HMS Intrepid from the MoD. Swans wants to create jobs by recycling Intrepid, the next ship due to be scrapped by the Government. However, the yard is questioning wheth
SHIPS are most likely to be attacked by pirates around Indonesia and Bangladesh, although Somalia has emerged as a new hotspot. The Piracy Reporting Centre at the International Maritime Bureau listed 127 pirate attacks worldwide in the first six months of this year, the same as in the previous six m
Tuesday, OMI Corp., international tanker owner and operator, reported second quarter earnings that soared from last year on gains from the disposal of vessels. Revenue increased 23% due to more operating days from vessels acquired and higher rates. Excluding the gain on sale of vessels, the earnings
