Offshore

Get comprehensive coverage of offshore industries, including oil and gas, renewable energy, and subsea operations. Stay informed on the latest offshore and upstream O&G news.


Monday, May 21, 2012
tidewater workboat osv
Finance

Earnings Soar at Tidewater, World’s Largest Workboat Operator

(Dow Jones) Tidewater Inc.’s (TDW) fiscal fourth-quarter earnings soared from a year-earlier quarter weighed down by heavy charges, while higher

May 21, 2012
Total Views: 50

Friday, May 18, 2012
Drilling Off Cuba, and How the Embargo Could be Very Costly for the US
Offshore

Drilling Off Cuba, and How the Embargo Could be Very Costly for the US

The Scarabeo 9, on contract for Repsol, is currently sitting at, or very close to, “TD” or total depth on the first deepwater well ever drilled off

May 18, 2012
Total Views: 30

ABS in Asia – Innovation Despite the Downturn
Engineering News

ABS in Asia – Innovation Despite the Downturn

– By Neville Smith Like their shipbuilding and shipowning clients, classification societies are contending with tough market conditions and an uncertain

May 18, 2012
Total Views: 44

Thursday, May 17, 2012
osv bridge Rolls-Royce UT 755 LC design simek
Engineering News

Simek AS Awards Rolls-Royce £6 Million Design and Equipment Contract for New OSV

Rolls-Royce announced today they have secured a £6 million contract to provide an integrated design, power & propulsion and equipment systems package for

May 17, 2012
Total Views: 229

castrol offshore
Offshore

Castrol Offshore Enters the Bangladesh Market with Rahimafrooz Distribution Ltd.

Press Release – Castrol Offshore is a specialist arm within the lubricants business of BP Plc., one of the world’s leading Energy Companies.

May 17, 2012
Total Views: 170

Brazilian Navy Investigates Oil Slick Near Petrobas Platform
Offshore

Brazilian Navy Investigates Oil Slick Near Petrobas Platform

RIO DE JANEIRO (Dow Jones)–The Brazilian Navy confirmed Thursday that an oil slick has been spotted off the coast of Espirito Santo state, with a team

May 17, 2012
Total Views: 18

Wednesday, May 16, 2012
ABB to Supply Electric Propulsion and Power Systems for New Deepwater PLV’s
Offshore

ABB to Supply Electric Propulsion and Power Systems for New Deepwater PLV’s

ABB said today that it has been chosen to supply Daewoo Shipbuilding and Marine Engineering with energy efficient propulsion and electrical power systems for

May 16, 2012
Total Views: 69

west phoenix total elgin platform
News

Gas Leak Finally Halted at Total’s Elgin Platform

French oil major Total, announced that their well intervention efforts at the North Sea Elgin complex were successful in finally halting the flow of gas from

May 16, 2012
Total Views: 47

Tuesday, May 15, 2012
Otto Marine Beluga 2
News

Otto Marine Wins $16.6 Million in Workboat Charter Contracts Off Congo

Singapore-based Otto Marine Ltd announced today that it has secured USD $16.6 million in ship chartering contracts from an undisclosed client for two AHTS

May 15, 2012
Total Views: 83

EC225 super puma
Incidents

Bond Offshore Grounds More Helicopters, Gear Failure Identified

The UK’s Air Accidents Investigation Branch  (AAIB) released an interim Service Bulletin this morning regarding the investigation into the controlled

May 15, 2012
Total Views: 83

Monday, May 14, 2012
seadrill
News

Seadrill Q1 Earnings Drop 53%, Dividend Gets a Boost

Seadrill Ltd.’s (SDRL, SDRL.OS) first-quarter earnings slumped 53% over a year-earlier period, boosted by the sale of its Seawell subsidiary, masking

May 14, 2012
Total Views: 24

ULSTEIN Delivers in Brazil
Offshore

ULSTEIN Delivers in Brazil

The ULSTEIN designed platform supply vessel ‘CBO Pacifico’ left the Estaleiro Alianca yard on May, 10 2012 and went straight into contract for

May 14, 2012
Total Views: 53

Saturday, May 12, 2012
rongsheng heavy industries
Engineering News

Builder of Giant Ore Carriers, Rongsheng Heavy Now Enters Rig Building Sector With Latest Deal

HONG KONG (Dow Jones)–China Rongsheng Heavy Industries Group Holdings (1101.HK) has secured orders to construct offshore rigs for an overseas company,

May 12, 2012
Total Views: 59

Friday, May 11, 2012
Guns Blazing, Fairstar Heavy Transport Fires Back in Response to Takeover Letter from Dockwise
News

Guns Blazing, Fairstar Heavy Transport Fires Back in Response to Takeover Letter from Dockwise

In response to a letter sent by Dockwise on Wednesday, Fairstar’s CEO Philip Adkins sends back a heated response… Dockwise FAO: Mr P Wit and FAO:

May 11, 2012
Total Views: 264

Ocean Rig Olympia Gains $652 Million Contract Extension with Total E&P Angola
News

Ocean Rig Olympia Gains $652 Million Contract Extension with Total E&P Angola

Ocean Rig’s ultra deepwater drillship OCEAN RIG OLYMPIA Nicosia, Cyprus – Ocean Rig UDW Inc. (NASDAQ:ORIG) a global deepwater drilling contractor,

May 11, 2012
Total Views: 208

total top kill elgin platform
News

Total: “Top Kill” at Elgin Could Happen Today

PARIS (Dow Jones)–Total SA (TOT) Friday said it has everything ready to “kill” a leaking gas well in the North Sea. “We could carry

May 11, 2012
Total Views: 32

Thursday, May 10, 2012
bond super puma Eurocopter EC225 ditches
Incidents

Helicopter Carrying 14 Offshore Rig Workers Ditches in the North Sea

LONDON -(Dow Jones)- The U.K.’s main offshore workers’ union has called for all helicopters operated by Bond Aviation to be grounded pending an

May 10, 2012
Total Views: 381

mcdermott krishna godavari dhirubhai riser installation platform
Engineering News

McDermott’s Offshore Construction Backlog Increases by $1.9 Billion, Profits Down in Q1 However

(Dow Jones) McDermott International Inc.’s (MDR) first-quarter profit slid 11% due to lower activity in the Asia Pacific region, though cost controls

May 10, 2012
Total Views: 84

Diamond Orders Ultra-Deepwater Drillship from HHI for $655 million
Offshore

Diamond Orders Ultra-Deepwater Drillship from HHI for $655 million

Diamond Offshore Drilling, Inc. (NYSE:DO) said Thursday that it has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for construction of

May 10, 2012
Total Views: 129

Wednesday, May 9, 2012
China’s Offshore Move to Drilling Independence: CNOOC’s HYSY 981 Rig Spuds In
Offshore

China’s Offshore Move to Drilling Independence: CNOOC’s HYSY 981 Rig Spuds In

BEIJING (Dow Jones)–China National Offshore Oil Corp. has begun exploring deepwater oil blocks without the help of foreign partners, partly due to the

May 9, 2012
Total Views: 93