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JULY 2, 2015 — Houston based Gulf Island Fabrication, Inc. (NASDAQ: GIFI), announced today reports that, through its subsidiary Gulf Island L.L.C., it has signed a contract with an oil and gas company with operations…
JULY 2, 2015 — Five Gulf Coast states and the federal government have reached a tentative settlement with BP that will see the oil company $18.5 billion over 18 years, in compensation for damages from…
JULY 2, 2015 — Google is developing a self-driving car. So are GM, Mercedes and other auto makers. Now Rolls-Royce is to lead a new EUR 6.6 million project that could do much the same…
JULY 2, 2015 — Billionaire John Fredriksen is putting his two tanker operations, Frontline Ltd. (NYSE/OSE/LSE: FRO) and Frontline 2012 Ltd. (NOTC: FRNT) back together again. The move comes four years after Frontline 2012 was…
JULY 2, 2015 — The corrupt practices probe involving former executives of Singapore Technologies Marine rolls on. Yesterday, the shipbuilder's former Group Financial Controller, Patrick Lee, was fined a total of S$210,000 (about US$155,000) after…
JULY 1, 2015 — MAN Diesel & Turbo licensee Mitsui Engineering & Shipbuilding Co., Ltd. (MES) recently tested the very first ME-LGI engine to ever be commercially produced at its Tamano, Japan, works, burning HFO…
JULY 1, 2015 — Mikkel Søholm Vestergaard has joined Dan-Bunkering (America) Inc. as Managing Director at the company's office in Houston, TX. Mr. Vestergaard began his career with Dan-Bunkering back in 2003 in the head…
JULY 1, 2015 — At the end of May, the Royal Navy Ice Patrol Ship HMS Protector was coated with Ecospeed at the A&P Tyne Ltd. Shipyard in Tyne and Wear, England. The vessel is…
JULY 1, 2015 — Norwegian shipbuilder Havyard has signed a contract with an undisclosed "international shipping company" for a subsea vessel that will be built to a new Havyard 858 L WE design developed by…
JULY 1, 2015 — Former BP engineer Kurt Mix, who was convicted of obstruction of justice in the Deepwater Horizon case after he allegedly deleted multiple e-mails, has had his conviction dismissed and will get…
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