StatoilHydro Announces Discoveries in Norwegian Continental Shelf
The presence of a considerable oil column has been confirmed under the Dagny structure in the North Sea, near Sleipner, announced StatoilHydro. The total recoverable volume is estimated at 100-125 million.....

GoM Rigs Evacuate for Storm
In preparation for Hurricane Gustav, evacuations have begun of offshore oil and gas rigs and platforms in the Gulf of Mexico.  Reports said the storm may become the strongest to hit the region in .....

Navy Awards $256.1m in Training and Ed Contracts
The Navy has awarded contracts potentially worth $256.1m to six companies to provide education and training services.  The winners are EG&G Technical Services Inc., General Dynamics Inform.....

Seanergy Shareholder Approve Business Combination
Seanergy Maritime Corp. announced that at a special meeting of shareholders, shareholders approved the proposal to acquire six dry bulk carriers from affiliates of members of the Restis family.  S.....

Todd Shipyards to Overhaul Aircraft Carriers
Todd Pacific Shipyards Corporation has been awarded a contract by the United States Navy to provide long-term overhaul and maintenance to the Nimitz Class aircraft carriers (CVN) homeport.....

STX Considers Bid for Daewoo
STX may join candidates in bidding for Daewoo Shipbuilding and Marine Engineering, reports said. Hyundai Heavy Industries has expressed its intention to participate in the bid, with plans to submit a lette.....

This Day in Naval History - Aug. 27
From the Navy News Service1917 - Squadron of minesweepers departs United States for service off France.1944 - USS Stingray (SS 186) lands men and supplies on Luzon, Philippines, to support guerilla operati.....

Hearing on New Orleans Spill
On September 16, the Subcommittee on Coast Guard and Maritime Transportation of the House Committee on Transportation and Infrastructure will conduct an oversight hearing on the Oil Spill in New Orleans in.....

BMT Group Acquires Hi-Q Systems
International design, engineering and risk management consultancy, BMT Group Ltd. announced the acquisition of Hi-Q Systems Ltd.Basingstoke-based Hi-Q Systems offers architecture and requirements services .....

Hyundai to Make a Bid for Daewoo
Hyundai Heavy Industries Co. plans to bid for a $3.1b controlling stake in Daewoo Shipbuilding & Marine Engineering Co. reports said.A preliminary offer will be submitted Wednesday. The preferred b.....