Obama launches policy to protect oceans.

The Obama administration on Monday announced a new national policy for strengthening the way the U.S. manages its oceans and coasts, and the Great Lakes. Officials said the framework is needed now more than ever following the massive Gulf oil spill.

Michael R. Bromwich, Director of the Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEM), announced today that he will be leading a series of public meetings to collect information and views about deepwater drilling safety reforms, blowout containment, and oil spill response.

Catalist-listed Viking Offshore and Marine has bought controlling stakes in two offshore-related companies for nearly $29.8 million.

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