Teekay Shipping Corporation has entered into a definitive agreement to acquire Naviera F. Tapias S.A.. a leading independent owner and operator of LNG carriers and crude oil tankers in Spain. Teekay has also entered into an agreement with the shareholders
E.L. Shannon Jr., president of Santa Fe International Corp., Orange, Calif., has announced that development drilling has started in Thistle Field in Block 211/18 in the North Sea. Mr. Shannon said the first production well began drilling October 27,
Finnish innovation in ice-going tanker technology will have a major application in the country's own mercantile fleet, albeit with ship construction assigned to the Orient. The pair of 106,000-dwt crude oil carriers booked by Helsinki-based Fortum Shipping,
Transas expanded its range of Liquid Cargo Handling simulators with the LNG tanker simulator. The LCHS/LNG system realistically imitates the fourth tanker type in the Transas simulator range, which also includes Chemical Tanker, Liquefied Petroleum
The World's Largest Oil Spill Response Organization On March 24,1989, an oil tanker struck a reef in Alaska's Prince William Sound, causing the biggest oil spill in the history of the United States. While thousands worked to clean up the spill,
Esso has decided to install inertgas systems in a number of its large crude oil carriers. Based on competitive bids from Norwegian shipyards, Esso Tankers Inc. — a subsidiary of Exxon Corporation in New York — has signed a contract for such equipment
A second Marco Class 1-D oil skimmer was delivered recently to the Panama Canal Commission. The 38-foot skimmer features Marco's Filterbelt, the key component of all Marco skimmer systems. The Filterbelt separates oil and debris from the water without taking the water aboard.