An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals in the largest wave of consolidation in the oil industry in decades.
A U.S. federal court has charged three men, including two Iranian brothers and a Pakistani national, for an attempt to smuggle Iranian weapons that would be used by Houthi rebels for attacks on maritime shipping.According to the court documents, Shahab Mir’kazei and Yunus Mir’kazei work for Iran’s Islamic Revolutionary Guard Corps, while Muhammad Pahlawan
The November edition of Marine News magazine highlighted a selection of the most notable American newbuilds delivered of 2023—from a first-of-its-kind green towboat, to the lead vessel in a series of game-changing ships to train U.S. mariners.Empire StateAs the lead vessel in a series of five new training ships being constructed to serve America's state maritime academies
The captain of U.S. Navy ship USS Hershel “Woody” Williams has been relieved of his duties after the ship went aground under his command earlier this year.The Navy is still investigating the incident, which saw the 784-foot Lewis B. Puller-class expeditionary mobile base vessel go soft aground near Gabon's port of Libreville on May 9.
Rear Admiral John Okon has been named as the next president of SUNY Maritime College, a public maritime college in the Bronx, New York City.Okon, a retired U.S. Navy officer with more than 33 years of naval service, will succeed Rear Admiral Dr. Michael A. Alfultis, who will retire on July 1 after 10 years at the helm. Okon will become SUNY Maritime's 12th campus president.
Dutch offshore installation firm Van Oord has secured a contract from RWE for the transport and installation of monopile foundations for the Nordseecluster offshore wind project in Germany.This project will be the first project for the Van Oord’s brand-new offshore installation vessel Boreas, which is currently under construction.
For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security.
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.
The much-needed replacement for the U.S. Coast Guard’s long-serving medium endurance cutters (WMEC) took a giant step closer to joining the fleet as the first Offshore Patrol Cutter (OPC) was launched and christened at Eastern Shipbuilding Group (ESG) in Panama City, Fla. on October 27, 2023.The future USCGC Argus (WMSM 915) was christened by the ship’s sponsor, Captain (Ret.
The U.S.' National Science Foundation (NSF) has released a draft request for proposal (RFP) for its Antarctic Research Vessel (ARV) Integrator requirement.According to NSF, the draft represents a functionally complete RFP with sections A through M, released to provide transparency and early exposure for what is a robust requirement.
The United States' Secretary of the Navy Carlos Del Toro on Monday announced a federal, state and local partnership intended to help rebuild the maritime industrial base workforce required to support the Navy.The so-called Michigan Maritime Manufacturing Initiative (M3) will establish training pipelines and programs to meet the Navy’s need for thousands of new workers and jobs across the state
A new union deal aims to help bolster the workforce of the U.S. Navy shipbuilding and repair industrial base, which has struggled alongside many other sectors to attract and retain the volume of employees needed to achieve efficient operations.The International Brotherhood of Boilermakers (IBB) and the Bartlett Maritime Corporation (BMC) have signed an agreement as part of ongoing efforts to