Offshore

This past weekend, Shell’s Olympus tension leg platform (TLP) left Kiewit shipyard in Ingleside, Texas,  and is now making its way to its future home in

20-year charter contracts were executed last Friday by Brazilian offshore oil and gas subsidiary Tupi BV for the charter and operation of two new build FPSOs

Seadrill has announced today that it has signed contracts to build four new ultra-deepwater drillships from South Korean yards, DSME and Samsung Heavy

Singapore-based offshore contractor EMAS AMC, a subsidiary of Ezra Holdings, has been awarded major new contracts around the world resulting in an increased

Maersk Drilling has announced that its jack-up rig the Maersk Convincer has had its contract extended by Petronas for an additional one year period at an

In a stock exchange filing this afternoon, Hercules Offshore announced their offer to acquire all the remaining shares of jack-up drilling firm Discovery

July 11 (Bloomberg) — Fred Olsen Energy ASA, an offshore drilling company, climbed to a five-year high in Oslo as a better-than-estimated performance

Seadrill has announced a new contract for their LT-Super 116E jack-up rig West Freedom with Cardon IV Venezuela, an ENI SpA and REPSOL joint venture. The rig

Volstad Shipping AS has signed a newbuild contract with Tersan Shipyard in Turkey for a new Subsea IMR and Construction Vessel. The vessel comes at a total

July 10 (Bloomberg) — Fred Olsen Energy ASA rose to a six- week high in Oslo ahead of the offshore drilling company’s quarterly results tomorrow,

Update: A statement from Talos Energy late Tuesday said that during operations yesterday to permanently plug and abandon their non-producing Ship Shoal 225 B-2

China Shipbuilding Industry Corporation (CSIC) announced today that their subsidiary, Shanhaiguan Shipbuilding received an order for 2 new jack-up rigs with an

The world's first floating storage and re-gasification unit, named FRSU Toscana, is towed into Valletta’s Grand Harbour in Malta, July 1,

Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”) today announced that the Company has agreed to acquire

Switzerland-based drilling contractor Noble Corporation (NYSE: NE) announced today plans to reincorporate from Zug, Switzerland to the United Kingdom.  The

Singapore-based rig-builder Sembcorp Marine announced today that they have signed newbuild orders for two jack-up rigs from Integradora de Servicios Petroleros

The measure would require the Obama administration to conduct additional sales of oil and gas leases off the coasts of Virginia, South Carolina, southern

June 28 (Bloomberg) — Subsea 7 SA, an offshore oil services provider, advanced in Oslo as investors bought back into the stock after a

Seadrill has paid NOK 461 million for a 50.1 percent majority stake in deepwater drilling contractor Sevan Drilling today. This acquisition exceeds the

Seadrill Ltd., an offshore driller controlled by billionaire John Fredriksen, is seeking to buy 50.1 percent of Sevan Drilling ASA to nix financing plans for