Offshore

A.P. Moeller-Maersk A/S said its oil and gas business will take a $1.7 billion writedown on its oil assets in Brazil and no longer push for an expansion in the

Fincantieri has continued their mission to gobble up companies that start with STX with their latest acquisition of naval architecture and marine engineering

Profit at Petrobras, Brazil's state-led oil company, could be reduced by $15 billion between 2014 and 2018 if it had to suspend oil platform contracts with

Building on a similar order in April, SCF Group (Sovcomflot) and Sakhalin Energy Investment Company Ltd. announced today the newbuild order for three

Atlantic Towing (USA) has selected newly-designed, ice-strengthened PSV 5000 vessels from Damen Shipyards Group to meet its demanding 10-year offshore support

Songa Offshore’s 1975-built Friede & Goldman L-900 design semisubmersible drilling rig has been stacked in Labuan, Malaysia since 6 May after

Stanford Marine Group postponed a planned initial public offering in London as majority owner Abraaj Group courts potential buyers for the Dubai-based

After 37 years of hard labor, Atlantic Offshore’s Ocean Searcher, a multi-role offshore vessel (MRV) acquired by the company in 1976 will soon

  Technip announced today they have been awarded a “large” contract by Total E&P UK to conduct subsea pipeline, PLEM, PLET and template

Update 8 July 2014: The Island Performer has been delivered today to her new owner, Island Offshore. Earlier: Island Offshore’s latest well intervention

Singapore-based offshore marine service provider Vallianz Holdings Ltd announced today a collaboration agreement with China Offshore Oil Engineering Co

ABS announced today a joint development project (JDP) with South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) to develop the

The DP2-equipped light construction / ROV vessel Dina Star was delivered last year by Kleven Shipyard to Fonnes-based shipowner, Myklebusthaug Offshore

Drifting five miles off the Aruba coast, the 591-foot-long oil-servicing ship OSA Goliath has no projects to work on or contracts to fulfill. Yet in its idle

Subsea 7 announced today they have exercised a contractual option to extend its existing charter of the 98-meter offshore construction vessel, Havila Subsea

On the west coast of Norway, just past the corner where the rocky coast begins to curve to the east and on upwards to the cold and remote subarctic

Keppel Shipyard announced today it will be converting a newly-built, 600,000 bbl ice-class FPSO for Bumi Armada as part of the FSPO Armada Kraken project which

Latest video from Royal Dutch Shell on the construction of the Prelude

KrisEnergy announced today they have made the final investment decision to drill upwards of 14 development wells at the Wasanna development in the Gulf of

OSLO, June 30 (Reuters) – Statoil has postponed a decision on the development concept for its flagship Johan Castberg Arctic oil project until the summer