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HOUSTON -(Dow Jones)- Oil giant BP PLC (BP.LN, BP) continues to use an oil-price range between $60 and $90 a barrel in its long-term planning despite rising

A federal judge has ordered Exxon Mobil Corp. (XOM), the U.S. Department of Justice and the state of Alaska to expedite talks on a 2006 claim by the federal

HOUSTON (Dow Jones)–William Reilly, co-chair of the presidential panel tasked with investigating causes of the BP PLC (BP, BP.LN) oil spill, on Tuesday

Editors note: The new Portfire40 Series will portray those people in the maritime industry that possess “alternative power” having exhibited a

Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Mexico’s Perforadora

As part of Maersk Line’s drive to cut sulphur emissions from its fleet, the shipping line has expanded its fuel-switch program in New Zealand’s

On the first day of the 15th session of the IMO Sub-Committee on Radiocommunications, Search and Rescue, a ceremony took place to celebrate the expansion of

LONDON (Dow Jones)–DONG Energy, E.ON AG (EOAN.XE) and Masdar said Tuesday that the first of 177 foundations has been installed at the U.K.’s

HOUSTON (Dow Jones)–Mexico’s state-owned oil company Petroleos Mexicanos, or Pemex, expects to have a first round of tenders on some areas of the

The first upgraded Wärtsilä RT-flex68-D engine equipped with a Variable Turbine Geometry (VTG) turbocharger was successfully tested at Doosan Engine Co

The Coast Guard responded with multiple air and sea assets on Sunday to reports that an oil production platform caught fire approximately 50 miles off Grand

On March 1, the fishing trawler Nieuwpoort 28 (N28) capsized twenty miles off the French/Belgian coast. It was upside-down in the water and the French and

HOUSTON (Dow Jones)–The U.S. Coast Guard rescued two men from a burning Gulf of Mexico oil platform on Sunday. The platform, owned by Houston-based Arena

WASHINGTON (Dow Jones)–U.S. investigators said Friday that problems with engineering documents on a BP PLC (BP, BP.LN) production platform in the Gulf of

MIDDLETOWN, RI – KVH Industries, Inc., (Nasdaq: KVHI) today announced that Netherlands-based Vroon has chosen the KVH TracPhone® V7 and its mini-VSAT

AMSTERDAM (Dow Jones)–Major oil companies are increasingly trying to push liabilities of offshore oil projects onto sub-contractors as risk awareness has

Rolls-Royce has been selected to supply a unique replenishment-at-sea (RAS) system to the Royal Navy. It will enable heavier-than-ever loads to be transferred

Hamilton, Bermuda – Teekay Corporation (Teekay) announced today that it has agreed to sell its remaining 49 percent interest in Teekay Offshore Operating

The Greek participating Amver tanker Delta Kanaris rescued four French sailors Sunday Feb. 27, 2011 after the sailors activated their personal locator beacon

Noble Corporation (NYSE: NE) today announced that a subsidiary has exercised its first option with Hyundai Heavy Industries Co. Ltd. (“HHI”) for