Offshore

HONG KONG (Dow Jones)–Swire Pacific Ltd. (SWRAY, 0019.HK) said it will spend HK$11 billion ($1.4 billion) over the next two years on building energy

MOSCOW -(Dow Jones)- Norway’s Statoil ASA (STO, STL.OS) signed Saturday a potential $100 billion cooperation agreement with Russian state oil company

PARIS (Dow Jones)–French oil major Total SA (TOT, FP.FR) Friday reiterated it was ready to start “in the coming days” an operation to

To benefit from the current strong demand for high specification drilling units Seadrill announced today that it has entered into a turnkey construction

Royal Dutch Shell is one step closure to drilling in the Arctic this summer after securing a permit from the National Marine Fisheries Service, proving to

Transocean Ltd.’s (RIG, RIGN.VX) first-quarter earnings fell 86% as impairment charges again weighed on the offshore oil-driller’s bottom-line

Norway’s Kleven Maritime said today that it will be constructing a second seismic vessel for Sanco Shipping AS at the company’s Myklebust Verft

  On the approach into the channel at Port Aransas, Texas this morning, the 74k DWT product tanker, FR8 Pride, a Scorpio Tanker-managed vessel, lost power

(Dow Jones) Rowan Cos.’s (RDC) first-quarter earnings rose 54% as higher day rates contributed to the offshore drilling company’s

Singapore-listed COSCO Corp said today that it has contracted to build US$ 200 million harsh-environment semi-submersible flotel for Mexico’s Cotemar

Royal Boskalis Westminster announced today that it has won three energy related contracts for diverse projects in the North Sea and Irish Sea worth a total of

Cal Dive International reported today a first quarter 2012 loss of $24.3 million, or $.26 per diluted share, primarily due to the regulatory drydocks of three

– By ExxonMobil Connection The ExxonMobil Drilling team this month commenced operations on the Jansz-lo driling program for the Gorgon LNG Project off

Lamprell announced today the receipt of a USD $227 million contract award from an international drilling contractor for the construction of a jackup drilling

Lloyd’s Register announced today that it has acquired Houston-based WEST Engineering Services in a move that secures the group’s position as a

HOUSTON (Dow Jones)–After deep self-examination following the April 2010 Deepwater Horizon oil spill, BP PLC (BP, BP.LN) decided not to leave the Gulf of

Norway’s Petroleum Safety Authority (PSA) has issued an order to Transocean Inc. to improve maintenance oversight after the authority carried out an

ConocoPhillips announced Monday that, through its affiliate ConocoPhillips China Inc. (COPC) and the China National Offshore Oil Corp. (CNOOC), it has reached

DOF announced today that they have signed a NOK 225 million contract with Apache Energy Limited for the use of the anchor handling tug supply vessel, Skandi

Norwegian shipowner, Eidesvik, has entered into sales agreements of USD $64 million for the two supply vessels Viking Surf (built 2002) and Viking Thaumas