11/19/2002
-- Stricken tanker splits, sinks off Spanish coast The Prestige single-hull oil tanker split in two and sank in 3,500 m of water Tuesday in the Atlantic Ocean 270 km off the Galicia coast of northwest Spain, in an area known as the "Coast of Death" for its history of shipwrecks.
11/19/2002
-- LNG shipping market seeing massive surge The LNG shipping business has seen an unprecedented boom in the past 30 months in a time when most other sectors of the shipping industry are suffering, said Drewry Shipping Consultants Ltd., London.
11/15/2002
-- France, Spain combat oil spill off Galician coast France is cooperating with Spain to contain a fuel oil spill off Galicia, Spain, by the endangered Prestige tanker, which was damaged during a strong storm a few kilometers offshore.
11/11/2002
-- Marathon's Symphony pipeline advances following open season results Marathon Oil's positive feedback from a recently completed open season for shipping capacity on its proposed Symphony natural gas pipeline in the North Sea has led to a second phase of discussions
11/08/2002
-- Petroperu presses Ecuador on pipeline link project Petroperu, Peru's state oil company, is pressing Ecuador for information on a proposed project to link pipelines in their once-disputed border area.
11/07/2002
-- BP calls on policymakers to endorse Alaska pipeline The fate of a sweeping US energy reform bill remains uncertain, but BP PLC officials said that Congress needs to consider legislation that encourages construction of an Alaska natural gas pipeline.
11/06/2002
-- Statoil to operate Phases 6- 8 of South Pars development Statoil AS and Iran's PetroPars Ltd., signed a participation agreement designating Statoil as operator of offshore development in Phases 6, 7, and 8 of the South Pars gas development project
10/30/2002
-- Camisea project gains more time for rights-of-way The Peruvian government authorized Transportadora de Gas del Peru (TGP), the Camisea downstream consortium, to extend for another 18 months negotiations for right-of-way on pipeline routes
10/28/2002
-- Nippon Oil Corp. places Tateyama VLCC in service Nippon Oil Corp., Japan's largest oil distributor, is now operating the new 300,000 dwt Tateyama very large crude carrier in regular service.
10/25/2002
-- PNSC to buy two tankers, ship crude to Pakistani refineries Pakistan National Shipping Corp. has signed a 10-year contract of affreightment with Pakistan's three oil refineries for the transportation of crude oil from three different international ports.
10/24/2002
-- Perupetro to hold onto Block 56 near Camisea gas field Perupetro has decided to keep Block 56, adjacent to the Camisea natural gas fields, until the proposed Camisea LNG or gas-to-liquids export project materializes.
10/22/2002
-- Camisea LNG feasibility study due at yearend The feasibility study for the Camisea LNG export project led by Hunt Oil Co., Dallas, should be completed by yearend, according to Carlos del Solar, Hunt's general manager in Peru.
10/22/2002
-- Statoil awards Aker Kværner Alpha North tie-ins Statoil ASA has exercised options in a contract with Aker Kværner—formed last February by the merger of Aker Maritime ASA and Kværner AS—for modification work.
