Offshore

Transocean Ltd.’s (RIG) fourth-quarter loss widened sharply as the offshore-oil driller reported higher charges, mostly due to impairment, though revenue

Aker Solutions has been awarded a contract by Statoil to deliver replacement and upgrading of the drilling equipment and systems on the Snorre A platform in

Technip, in partnership with DSME, was awarded by DONG E&P and BAYERNGAS, a contract for the HEJRE project development, offshore Denmark, at a water depth

SINGAPORE, 28 February 2012 – EMAS AMC, the subsea division of Ezra Holdings Limited (“Ezra”), today announces that it has been awarded a

BP and plaintiffs suing over the 2010 Gulf of Mexico oil spill are said to be in talks for a $14 billion settlement funded by monies originally set aside

Hamilton, Bermuda – Seadrill has in the last year seen a surge in long-term demand for tender rigs and modern ultra-deepwater drilling rigs. The

The civil trial over the Deepwater Horizon disaster has been postponed until March 5 to give BP PLC (BP, BP.LN) and lawyers representing those who say they

Update: The Greenpeace activists, including actress Lucy Lawless, were arrested Monday. Original: Seven Greenpeace protesters, including Hollywood star Lucy

HOUSTON -(Dow Jones)- Exxon Mobil Corp. (XOM) said Friday it plans spend a record $37 billion annually in capital projects for the foreseeable future, becoming

(Dow Jones) The U.S. Securities and Exchange Commission charged three Noble Corp. (NE) executives with helping bribe Nigerian customs officials, the latest

OSLO -(Dow Jones)- Norwegian offshore drilling operator Songa Offshore SE (SONG.OS) Friday said it has been awarded a rig contract from Statoil ASA (STO) worth

Statoil and ExxonMobil announced today that the recent discovery of natural gas off the coast of Tanzania has proven to be a rather significant find, further

SEACOR Marine announced today intentions to purchase 18 liftboats from Superior Energy Services.  The company said in a press statement that it will be

(Dow Jones) Norwegian supply vessel operator Siem Offshore Inc. (SIOFF.OS) said Thursday that a relatively strong market for supply vessels in the North Sea as

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd.’s (S51.SG) fourth-quarter net profit fell 4.3% mainly because of lower operating profit from rig

Technip was awarded by Statoil a contract, valued above €150million, for the major Åsgard Subsea Compression project located in the Norwegian Sea, 40

STOCKHOLM -(Dow Jones)- The survival of BP PLC (BP) was at risk after the company was essentially shut out of lending markets following the Gulf of Mexico oil

The Netherlands-based Offshore Ship Designers, or OSD, said Tuesday it has sealed a deal with two offshore operators to provide the ship design for 10 large

LOS CABOS — The United States and Mexico agreed Monday to work together on oil and gas development in the Gulf of Mexico, paving the way to end a

Huisman, the specialist in lifting, drilling and subsea solutions, successfully delivered the 600mt Wind Turbine Installation Crane onboard GeoSea’s DP2