Offshore

HOUSTON -(Dow Jones)- Shell Oil may be close to winning permission from the U.S. Department of the Interior to drill up to five wells in the waters off of

HOUSTON -(Dow Jones)- A group of coastal-state governors has formed a coalition to press the federal government to speed its permitting of offshore oil

HOUSTON (Dow Jones)–The head of the U.S. agency that oversees offshore oil production said Monday that it would seek to pursue regulatory actions against

Class society ABS announces the release of its enhanced Guide for the Classification of Drilling Systems which provides a comprehensive approach to classing

CGGVeritas announced today a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet,

WASHINGTON (Dow Jones)–The U.S. Interior Department said Monday it is reducing the size of an area in waters off the Massachusetts coast that it is

DALIAN, China (Dow Jones)–STX Group, a South Korean conglomerate, will catch up with its bigger rivals in offshore facility orders from the second

GULF OF MEXICO: While transiting back from the Mediterranean, the Discoverer Americas, an 830-foot long drillship, crossed paths with a small raft carrying 5

Since last Friday’s release of the USCG report into the Deepwater Horizon disaster, gCaptain staff has been looking over the report to see what the Coast

By Evan Ramstad, The Wall Street Journal Online’s Korea Real Time Report After orders for ships plunged in the second half of 2008 and virtually dried up

ABS just released news about two US-flagged liftboats that have been specified with their Wind IMR notation.  Per ABS code, a Wind Turbine IMR Unit is

WASHINGTON (Dow Jones)–The U.S. offshore drilling regulator is reviewing its authority to apply “any” or “all” of its regulations

McDermott International, Inc. (NYSE:MDR), announced today that one of its subsidiary companies was awarded fabrication and installation work from Chevron

Today, the US Coast Guard (USCG), under the purview of the Joint Investigation by the USCG and Minerals Management Service (MMS) Convening Order (issued by

The United States Coast Guard just published to the Joint Investigation website its findings into the Deepwater Horizon tragedy last year. You can find the

HOUSTON—When the staggering costs of BP PLC’s deep-water Gulf of Mexico oil spill became clear, investors feared that small, independent oil and

WASHINGTON (Dow Jones)–BP Plc has agreed to provide $1 billion to help restore wildlife and habitats in the Gulf of Mexico as part of an agreement with

Transocean Ltd. (RIG, RIGN.VX) said it filed cross-claims against BP PLC (BP, BP.LN) and other entities involved in last year’s Gulf of Mexico oil spill,

On the first anniversary of the Deepwater Horizon (DWH) explosion, BP PLC (BP, BP.LN), the owner of the blown well, filed suit against two of its contractors,

The following is a statement byPresident Obama posted to WhiteHouse.gov with regards to the one year anniversary of the BP Deepwater Horizon Oil Spill: One