High-Spec Jackup Market: Hercules Offshore increases stake in Discovery Offshore
Hercules Offshore Inc. (HERO) said its acquired an added 6.1 million shares of Discovery Offshore SA (DISC.OS), bringing the contract driller’s stake to
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Hercules Offshore Inc. (HERO) said its acquired an added 6.1 million shares of Discovery Offshore SA (DISC.OS), bringing the contract driller’s stake to
WASHINGTON (Dow Jones)–The U.S. Interior Department Tuesday proposed additional workplace safety requirements for offshore oil and gas drillers. The
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China has secured a
Lockheed Martin says it has submitted a proposal for the Consolidated Afloat Networks and Enterprise Services (CANES) program that will consolidate complex
Below is a press statement issued by the United Nations on the tragic ferry accident that occurred over the weekend off the coast of Tanzania located in West
PARIS (Dow Jones)–French oil services group Technip SA (TEC.FR) Monday announced the acquisition of U.S.-based Global Industries Ltd. (GLBL) for $8.00 a
By Michael Howard Saul, Wall Street Journal America paused Sunday to remember what was lost and how it has changed forever a decade after four hijacked
A severely overcrowded ferry capsized and sank early Saturday morning off the coast of Tanzania, killing as many as 200 people. The ferry, MV Spice Islanders,
UPDATE: Read HERE for Monday update on this incident. Ten people are missing after a liftboat contracted by the seismic data services company, Geokinetics,
HAMILTON – Seadrill (NYSE: SDRL) announced today that they had secured a four-year contract for their ultra-deepwater semi-submersible drilling rig West
By Enda Curran, Wall Street Journal SYDNEY—Australia will introduce major tax breaks for shipping companies and a new international register for the 200
In this report issued by the Woods Hole Oceanographic Institution, researches assess just how much oil and gas spilled as a result of the Deepwater Horizon
Worldwide Maritime Crime and Piracy Summary, week of 1 September 2011 (source: ONI) For the first time since we started publishing this report, there are: NO
gCaptain is saddened to learn that Keith Tantlinger, inventor of the modern-day shipping container, has died at age 92. In commemoration, here is a link to a
Classification society ABS says it is creating a pocket-sized quick reference guide to be used by ships’ crews when transiting high risk areas for
WASHINGTON (Dow Jones)–The chairman and chief executive of Chevron Corp. (CVX) said Wednesday that the U.S. offshore drilling regulator needs more
Bourbon Front, the first of four ULSTEIN PX105 platform supply vessels built at China’s Zhejiang Shipbuilding Co. Ltd. has been delivered to Bourbon
LONDON (Dow Jones)–A growing number of oil tankers are dropping anchor rather than shipping crude to market as the rate of ship construction outpaces
ABERDEEN, Scotland (Dow Jones)–The organization tasked with policing safety on U.K. North Sea oil and gas installations said Wednesday it is prepared to
Today, at the SPE Offshore Europe 2011 conference in Aberdeen, Britain Energy Minister, Charles Hendry MP, announced that a new piece of equipment said to be
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