Offshore

Halliburton Co.’s agreement to pay $1.1 billion to settle most of the lawsuits over its role in the biggest U.S. offshore oil spill helps it avoid billions

Aug 29 (Reuters) – Royal Dutch Shell Plc has sought permission from the U.S. government to drill in the Arctic Ocean and is keeping open the possibility

SapuraKencana Petroleum Bhd announced today a major gas discovery offshore Malaysia within the SK408 Production Sharing Contract area.  The discovery

Gulf Marine Services, a provider of support vessels for offshore oil exploration, is to pay its first dividend after interim profit rose amid strong

Nordic Maritime announced today its 75.5 meter, 6300 ton subsea service vessel Mokul Nordic has signed a 30+15 day charter with Statoil in the North Sea.

(Houston) ABS, a leading global provider of classification services to the marine and offshore industries, announces the opening of a new office in Beijing.

Otto Marine Limited announced today the signing of long term charters for two of their deep water anchor handlers, GO Sirius and GO Spica, worth AUD57

Finnish naval architecture and marine engineering firm Deltamarin Ltd will be doing a bit more than designing high tech ships and offshore structures going

Canada’s biggest shipbuilder, Chantier Davie Canada Inc. announced the delivery today of the Cecon Pride, a 130-meter-long 28 meter wide, DP3-equipped

Otto Marine Limited announced today they have appointed UOB Kay Hian Holdings Limited to advise on strategic options that will enable them to develop the

Debt holders in A.P. Moeller-Maersk A/S are looking on as the world’s biggest shipping company uses its excess cash to enrich shareholders in a strategy

The Dolwin Beta high voltage AC/DC power converter platform arrived yesterday afternoon in Haugesund, Norway. A collaboration between Aibel AS and ABB, Dolwin

Since Sunday, Statoil’s Troll C floating process and accommodation platform has been shut down after an inspection revealed corrosion damage to a pipe

Mexico’s takeover of Oceanografia SA is proving anything but a rescue for the oil services

Offshore crane manufacterer MacGregor announced today contract wins from shipyards in China to provide a variety of large crane and winching systems for four

Transocean’s Development Driller II (DD2) is having its derrick removed at Fincantieri shipyard in Palermo, Italy in preparation for its mobilization to

DOF Subsea announced today they have been awarded multiple new contracts adding approximately NOK 830 million (USD $135 million) to their existing backlog of

The largest turret module for largest floating structure ever constructed has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South

Atlantic Offshore’s newest addition to their fleet, ERRV Ocean Marlin, has been named in Stavanger by Godmother Anni H. Apeland. The vessel was built at

Malaysian offshore and marine services provider Coastal Contracts Bhd received a new Friede & Goldman-designed JU2000E jack-up drilling rig this week from