OGX Strikes Oil again at the Campos Basin and Discloses a Major Gas Discovery at the Onshore Parnaiba Basin.

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on August 17, 2010

OGX Petróleo e Gás announced that, through its subsidiary OGX Maranhão, has identified presence of gas in the Devonian section of well 1-OGX-16-MA, in the block PN-T-68, in the onshore basin of Parnaiba. OGX Maranhão, an entity formed by OGX S.A. (66.6%) and MPX Energia S.A.

That Sinking Feeling

Posted to Global Maritime Analysis with Joseph Keefe (by Joseph Keefe) on May 19, 2010

It is supposed to be a happy time at the nation’s six state maritime academies. Starched dress whites, highly polished shoes and high-pressure hats will be the uniform-of-the-day at graduation ceremonies stretching from Buzzard’s Bay to the Bronx…