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Two New England shipyards pay EPA penalties

The U.S. Environmental Protection Agency says that two New England shipyards, one in Massachusetts and one in Rhode Island, are to pay penalties to settle claims that they violated federal environmental laws.

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Maersk Oil’s big investment in Brazil

A.P. Moller-Maersk A/S plans to increase its presence in the pre-salt Brazilian offshore market through a proposed $2.4 billion cash acquisition of SK do Brasil Ltda. A wholly owned subsidiary of A.P.

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Bromwich: BOEMRE not moving the goalposts

BOEMRE Director Michael R. Bromwich today tried to allay offshore industry fears that his agency will soon change the rules of the permitting process significantly, thereby creating further uncertainty about what is

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Teekay announces senior management appointments

Kenneth Hvid, has been appointed Executive VP and Chief Strategy Officer at Teekay Corporation (NYSE:TK ), effective April 1. He will be located in Vancouver, Canada and will be succeeding Peter Evensen,

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Olympic exercises option for second OSV from Kleven

Olympic Shipping AS has exercised an option with Norway’s  Kleven Maritime to build a second multi purpose field supply and construction vessel at the Kleven Verft shipyard in Ulsteinvik. Delivery is scheduled