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WASHINGTON (Dow Jones)–House Republicans are targeting next month for a preliminary vote on a set of bills that would direct federal regulators to lease

During the early morning of 6 April, the EU NAVFOR Finnish warship FNS Pohjanmaa identified a suspected Pirate Action Group (PAG) consisting of a dhow and 2

Maersk Drilling has signed a contract with Samsung Heavy Industries in South Korea for the construction of two ultra deepwater drillships, the company said in

Transocean’s senior management team, led by Chief Executive Officer Steven Newman, announced today that they are voluntarily donating the safety bonuses

Kongsberg has just unveiled its new Emergency Acoustic BOP Control System, the ACS500.  In an emergency situation, the ultra-portable unit can be carried on a

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) said high raw material costs may weigh on its profitability this year due

LONDON (Dow Jones)–The first tanker scheduled to arrive in rebel-held eastern Libya in several weeks was chartered by trader Vitol Group, Lloyd’s

Petroleo Brasileiro’s U.S. unit said Monday that it must fully investigate a problem encountered in a U.S. Gulf of Mexico oil and gas development before

HOUSTON -(Dow Jones)- Transocean Ltd. (RIG, RIGN.VX) Monday said it regretted using “insensitive” wording in a recent securities filing in which

Keppel FELS has won a contract to build a second KFELS B Class jack-up rig for Jasper Investments worth US $180 million.  This is the second such order Jasper

U.S. Interior Secretary Ken Salazar on Monday rejected media reports that BP PLC (BP, BP.LN) has struck a deal to resume deepwater drilling in the Gulf of

NOAA Administrator Jane Lubchenco has appointed nine new members to the Hydrographic Services Review Panel, a federal advisory committee that gives NOAA

The U.S. Navy has awarded Ingalls Shipbuilding, a division Huntington Ingalls Industries, Inc. (NYSE:HII), a $1.5 billion contract for the construction of the

Signal International has been awarded a $47M contract by Kirby Ocean Transport Company of Houston, Texas, to build an articulated tug/barge (AT/B) unit with an

By Daniel Gilbert and Tennille Tracy Of THE WALL STREET JOURNAL Transocean Ltd. (RIG, RIGN.VX) had its “best year in safety performance” despite

WASHINGTON (Dow Jones)–International officials will meet in Washington April 14 to discuss promoting “cutting-edge technologies” for

Austal USA held a combined groundbreaking ceremony today, to celebrate the start of work on three new facilities including Phase 2 of the Modular Manufacturing

The International Maritime Organization says that six candidates had been nominated by their Governments for Secretary-General of the IMO by the March 31, 2011

Photo: Foss Enhanced Tractor Tug Lindsey Foss awaits a tanker in the Puget Sound courtesy Foss Maritime SEATTLE, WA, March 31, 2011 — U.S. Coast Guard

From Commander, U.S. Naval Forces Europe-Africa/ Commander, U.S. 6th Fleet Public Affairs NAPLES, Italy (NNS) — The U.S. Navy, while partnering with