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.


Friday, April 24, 2015
CNOOC Oriental offshore production
News

CNOOC Keeps Annual Output Target as Sales Slump

Cnooc Ltd., China’s biggest offshore oil and gas explorer, will keep its annual production target, undeterred by a 40 percent plunge in first-quarter

April 24, 2015
Total Views: 32

johan sverdrup
Offshore

Norway’s Giant Johan Sverdrup Could Face Delays, Cost Overruns

The start of Norway's 2.3 billion barrel Johan Sverdrup oil field may be delayed and costs could exceed forecasts but the project could break even at about

April 24, 2015
Total Views: 31

Thursday, April 23, 2015
goliat fpso dockwise vanguard
News

WATCH: Goliat FPSO Float-Off from Dockwise Vanguard

Following ENI Norge’s Goliat FPSO platform arrival in Hammerfest, Norway last week from South Korea, a handful of tugs help the unit float-off the submerged

April 23, 2015
Total Views: 133

The Upside to a Down Market: Innovation and Standardization in Norway
Offshore

The Upside to a Down Market: Innovation and Standardization in Norway

As a daily consumer of energy, I’ve been selfishly happy about the lower fuel prices of late. Low gas prices are good – at least that’s what

April 23, 2015
Total Views: 98

Icon Offshore Executives Under Investigation
News

Icon Offshore Executives Under Investigation

Dr Jamal Yusof, Chief Executive of Malaysian OSV operator Icon Offshore Bhd, along with his COO Rahman Yusof, have been remanded to facilitate and assist

April 23, 2015
Total Views: 157

Wednesday, April 22, 2015
greatdrill chaaya super 116 E jack up
News

Malaysian Firm Sells Jack-Up Rig for $223 Million

Malaysian vessel owner Coastal Contracts Bhd has announced the sale of a jack-up drilling rig today via its subsidiary Thaumas Marine Pte Ltd, for

April 22, 2015
Total Views: 262

Tuesday, April 21, 2015
VIDEO: FSU Heidrun B Departs Samsung Heavy Industries
News

VIDEO: FSU Heidrun B Departs Samsung Heavy Industries

The floating storage unit (FSU) Heidrun B left the Samsung Heavy Industries shipyard in South Korea in March 2015, heading for

April 21, 2015
Total Views: 166

british merchant LNG bp
Offshore

BP Readies Defenses as Oil Industry Responds to Shell-BG Deal

(Bloomberg) — As the oil industry takes stock of Royal Dutch Shell Plc’s $70 billion move for BG Group Plc, one company has more to chew on than most.

April 21, 2015
Total Views: 41

Diamond offshore semisubmersible upgrade shipyard
News

Cheap Oil to Trigger Drilling Sector Take-Over Wave – Maersk Drilling

The oil drilling industry faces a wave of take-overs in the next two years as crude prices are expected to remain under $85 per barrel, said Claus Hemmingsen,

April 21, 2015
Total Views: 48

Monday, April 20, 2015
deepwater horizon
News

Today Marks Five Years Since the Deepwater Horizon Disaster

Five years ago today, eleven lives were lost and 17 others were injured when the Deepwater Horizon drilling rig suffered a catastrophic blowout in the Gulf of

April 20, 2015
Total Views: 83

audacia pipelay vessel laggan-tormore
News

Petrofac Expects Further Loss on Laggan-Tormore Project, Shares Fall Sharply

"I have never faced a more difficult and challenging work environment," commented Chief Executive Ayman

April 20, 2015
Total Views: 105

Saturday, April 18, 2015
ahts anchor handler tug supply
News

Executive MBA Students Have Questions for the Anchor Handling Sector

Students from the Global Executive MBA program at the UCLA-NUS (National University of Singapore) have approached gCaptain recently with some fairly specific

April 18, 2015
Total Views: 67

norce endeavor solstad
News

Solstad’s Norce Endeavor Wins Gulf of Thailand Work from Chevron

Solstad Offshore’s Derrick/Lay Barge (DLB) Norce Endeavor has just earned a contract with Chevron’s subsidiaries in Thailand for a

April 18, 2015
Total Views: 86

polar pioneer blue marlin
News

Countdown to Mass Protest Begins as Shell’s Arctic Drilling Rig Arrives in Puget Sound

Greenpeace’s “Mosquito Fleet” in Port Angeles harbor in Puget Sound greeted the arctic-class semisubmersible drilling rig Polar Pioneer as it

April 18, 2015
Total Views: 17

vitoria 10000 drillship
Finance

Offshore Drilling Contractor Schahin Seeking Bankruptcy Protection

Grupo Schahin filed for Brazil’s equivalent of Chapter 11, becoming the latest Petroleo Brasileiro SA contractor to seek protection from creditors as a

April 18, 2015
Total Views: 219

Friday, April 17, 2015
Oil Companies, Nations Commit to End Flaring by 2030
News

Oil Companies, Nations Commit to End Flaring by 2030

A group of 25 major oil companies, oil-producing nations and development institutions have for the first time committed to ending the practice of routine gas

April 17, 2015
Total Views: 69

Goliat FPSO dockwise vanguard heavy lift
News

Goliat FPSO Arrives in Hammerfest

ENI Norge’s Goliat FPSO platform arrived in Hammerfest, Norway today following a 63-day, 15,608 nautical mile voyage from South Korea which took her

April 17, 2015
Total Views: 237

west alpha kara sea rosneft
News

North Atlantic Drilling’s Deal with Rosneft Postponed Again

North Atlantic Drilling, a subsidiary of offshore rig company Seadrill, has delayed closing a cooperation deal with Russia's Rosneft by two years and agreed to

April 17, 2015
Total Views: 28

Thursday, April 16, 2015
Transocean drilling deepwater asgard
News

Statoil Renegotiates for the Discoverer Americas as Transocean’s Deepwater Asgard Arrives in the GoM

In Transocean’s latest fleet update summary released this afternoon, their 6th generation drill ship Discoverer Americas will be officially heading back

April 16, 2015
Total Views: 350

North Carolina Offers Strong Support of Oil and Gas Exploration Off Atlantic Coast
News

North Carolina Offers Strong Support of Oil and Gas Exploration Off Atlantic Coast

North Carolina Governor Pat McCrory on Wednesday expressed strong support for the environmentally safe and responsible offshore energy exploration off the

April 16, 2015
Total Views: 43