Offshore

Pride International, Inc. said today that it has reached and agreement with Samsung Heavy Industries, Ltd. to extend Pride’s option for the construction

Japan’s Meterological Agency reports a magnitude 7.4 earthquake struck off the coast of Japan this morning at 23:32 JST. According to estimates, the

Photo: Hurricanes Karl, Igor and Julia (from left to right on Sept. 16, 2010) were part of the onslaught of Atlantic storms during the 2010 season. Credit:

WASHINGTON (Dow Jones)–House Republicans are targeting next month for a preliminary vote on a set of bills that would direct federal regulators to lease

Maersk Drilling has signed a contract with Samsung Heavy Industries in South Korea for the construction of two ultra deepwater drillships, the company said in

Transocean’s senior management team, led by Chief Executive Officer Steven Newman, announced today that they are voluntarily donating the safety bonuses

Kongsberg has just unveiled its new Emergency Acoustic BOP Control System, the ACS500.  In an emergency situation, the ultra-portable unit can be carried on a

Petroleo Brasileiro’s U.S. unit said Monday that it must fully investigate a problem encountered in a U.S. Gulf of Mexico oil and gas development before

U.S. Interior Secretary Ken Salazar on Monday rejected media reports that BP PLC (BP, BP.LN) has struck a deal to resume deepwater drilling in the Gulf of

Below is a statement released by Petrobas on the loss of a 130 ton bouyancy can that seperated from its riser at the Chinook field in the Gulf of

http://www.youtube.com/watch?v=e5KQMlwV3Lg This video shows the actual installation of the bouyancy cans currently supporting the Free Standing Hybrid Risers

By Daniel Gilbert and Tennille Tracy Of THE WALL STREET JOURNAL Transocean Ltd. (RIG, RIGN.VX) had its “best year in safety performance” despite

WASHINGTON (Dow Jones)–International officials will meet in Washington April 14 to discuss promoting “cutting-edge technologies” for

gCaptain just received news that on 25 23 March, one of Petrobras’ 8000-foot long production risers fell to the sea floor after the chain connecting it

Dockwise Ltd, one of the most capable heavy lift contractors in the world, has signed a major deal with Seadrill to provide transport services for their global

WASHINGTON (Dow Jones)–Employees of Transocean Ltd. (RIG), the company that owned the Deepwater Horizon rig that exploded last April, are refusing to

According to a report from the Associated Press, Transocean is planning a memorial at the site of the Deepwater Horizon explosion next month for relatives of

Erik Milito, API’s upstream director, this week called on the administration to abandon its policies “to defer, delay and deny access to domestic

While officially headquartered in Zug, Switzerland for tax purposes, Transocean (NYSE: RIG), the world’s largest deepwater drilling contractor, runs the

Bureau Veritas, a elading classification society, has issued guidelines for the Risk-Based Qualification of New Technology. Qualification is a process by which