Offshore

PHOTO: This HPTIV can operate in year around weather conditions with an operational water depth range of 4.5 to 50 m – courtesy Wärtsilä With the

The Bureau of Ocean Energy Management reported on Friday that they had approved a deepwater drilling permit for Norwegian oil company Statoil.  This is the

A U.S. district judge Friday granted a request by BP PLC (BP, BP.LN) for additional testing of the critical safety device that failed to stop oil from gushing

(Dow Jones) Jefferies says Chevron’s (CVX) sublet of a Transocean (RIG) ultra-deep-water drillship from Indian energy giant Reliance and plans to bring

Read update from USCG below HOUSTON -(Dow Jones)- The U.S. Coast Guard said Wednesday that oil that has recently washed onto Louisiana beaches is similar to

HOUSTON (Dow Jones)–Exxon Mobil Corp. (XOM) said Thursday it is planning to resume drilling at its Hadrian North prospect in the Gulf of Mexico

Keeping to his word, Michael Bromwich and BOEMRE are beginning to issue GoM drilling permits at an accelerated rate.  Today BOEMRE announced that it is

BP PLC came within 1.4 inches or less of preventing the worst offshore oil spill in U.S. history, say engineers studying the safety device that failed in last

NEW ORLEANS – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) and U.S. Coast Guard (USCG) Joint Investigation Team, which is

NEW ORLEANS –  The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a fourth deepwater drilling permit that

The Helix Well Containment Group (HWCG) announces W&T Offshore, Inc. (and its wholly owned subsidiary W & T Energy VI, LLC) and Stone Energy

The economist brings us and interesting article on the turmoil in the Middle East as it relates to oil discovery and consumption. They write: TWO factors

NEW ORLEANS (Dow Jones)–Michael Bromwich, the top U.S. offshore drilling regulator, said Tuesday that the speed with which some oil and gas companies are

NEW ORLEANS – Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R.

NEW ORLEANS – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a third additional deepwater drilling permit that

Apache Corporation announced that its subsidiary, Apache Deepwater LLC, has agreed to join the Marine Well Containment Company (MWCC), a not-for-profit,

NEW ORLEANS – The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today provided the final approval necessary for Petrobras

Technip announced today that the Marine Well Containment Company (MWCC) has awarded it a contract for the design, procurement and fabrication of the umbilical,

Keppel FELS Limited (Keppel FELS) has secured a contract worth about US$210 million from Japan Drilling Company (JDC) to build a KFELS Super B Class jackup

Though US regulators have decided to allow a second deepwater Gulf of Mexico drilling project, don’t bet on a rush of permits to follow, FBR Capital