Oil and gas major ExxonMobil on Wednesday announced two new oil discoveries offshore Guyana, at Fangtooth and Lau Lau wells, adding to previous recoverable resource estimate of 10 billion oil-equivalent barrels.The Fangtooth-1 well, drilled with the Stena DrillMAX drillship, encountered approximately 164 feet (50 meters) of high-quality oil-bearing sandstone reservoirs.
Oil company Taylor Energy Co LLC agreed to transfer a $432 million cleanup trust account to the U.S. government and pay an additional $43 million to resolve a lawsuit over its role in the longest-running oil spill in U.S. history under a proposed deal filed in New Orleans federal court on Wednesday.
The Flying Buttress once glided across the oceans carrying vital commodities like grain to all corners of the world.Now it bears a different treasure: Paw Patrol Movie Towers, Batmobile Transformers and Baby Alive Lulu Achoo dolls.The dry bulk cargo ship has been drafted into the service of retail giant Walmart
U.S. oil major ExxonMobil has made another oil discovery at the prolific Stabroek offshore block in Guyana. This adds to around nine billion barrels of oil equivalent discovered over the past few years and paves way for future development.The discovery was made at Whiptail-1 well at the 6.6 million acres (26,800 square kilometers) offshore block.
The U.S. Navy uses unmanned and robotic underwater vehicles for a multitude of functions, including environmental sensing, mine hunting, and salvage. The Navy plans to evolve an unmanned systems operating concept that is platform agnostic and capable of operating in highly complex contested environments with minimal operator interaction.
When the maritime history books are written, 2020 will be viewed as a year of pivots, re-invention and new paradigms. By February 2020, concerns about marine fuel’s sulfur content quickly shifted to near-term disruptions induced by the COVID-19 pandemic. By mid-year, with demand recovering
The first vessel has sailed from the Mississippi River with a draft of 47.7 feet following the newly increased draft at 48 feet.The M/V CSSC Le Havre, operated by Cargill International with a cargo from Alliance Coal, LLC, is destined for the Far East and loaded over 112,000 metric tons on December 23, 2021.HOST served as both the vessel agent and terminal operator for the voyage.
From weather predicting apps to using artificial intelligence to monitor the fish they catch, small-scale fishermen and coastal communities are increasingly turning to digital tools to help them be more sustainable and tackle climate change.Overfishing and illegal fishing by commercial vessels inflict significant damage on fisheries and the environment
ROV manufacturer Forum Energy Technologies has completed the construction of what it says is a highly advanced submarine rescue vehicle (SRV), which may be utilized to extract submariners from distress situations.According to Forum, the LR-class SRV is capable of rescuing up to 17 people at a time and operate at depths of up to 600 meters.
Marlink, provider of smart network solutions, said it has partnered with OneOcean Group to add a range of advanced voyage solutions to its Application Partner Program.OneOcean is one of the largest global suppliers of voyage planning solutions for the maritime industry with products used by over 15,000 vessels around the world to support and optimize navigation and compliance.