Global deepwater oil production was expected to grow 700,000 barrels per day (b/d) this year to hit a record high of more than 10 million b/d.Norwegian research group Rystad Energy said that it "expects global deepwater production to reach record high level and surpass 10 million bb/d.
The U.S. Navy accepted delivery of the 17th submarine of the Virginia class, the future USS South Dakota (SSN 790), on September 24.The next-generation attack submarine began construction in 2013 and is scheduled to be commissioned in early 2019.South Dakota is the seventh Virginia-class Block III submarine.
Revenue stability and capex plans are the main drivers of credit rating differences among Asia-Pacific ports, according to a new Fitch Ratings report. Leverage and debt structure also set apart the ratings.Revenue stability, due to strong volume or price attributes, and resilience is underpinned by each port's importance to the economy and the strength of its catchment area
Huntington Ingalls Industries christened the Virginia-class submarine Delaware (SSN 791) this morning at the company’s Newport News Shipbuilding division.Jill Biden, the former Second Lady of the United States and the ship’s sponsor, smashed a bottle of sparkling wine against the hull, celebrating the latest milestone of the newest U.S. Navy vessel prior to its launch.
The U.S. Navy will commission its newest fast attack submarine, the future USS Indiana (SSN 789), during a 10 a.m. (EDT) ceremony today (Saturday, Sept. 29), at the Navy Port at Cape Canaveral Air Force Station in Port Canaveral, Florida.The principal speaker will be U.S. Representative Jim Banks from Indiana. Diane Donald, wife of retired Adm. Kirkland H.