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.


Tuesday, February 25, 2014
west capricorn seadrill
News

Seadrill Predicts Growth in Excess of 20 Percent Year-on-Year

Seadrill expressed a significant amount of forward-looking optimism in their latest earnings report today.  The offshore driller expects to continue

February 25, 2014
Total Views: 36

Monday, February 24, 2014
Excelerate Applies For First U.S. Floating LNG Export Facility
News

Excelerate Applies For First U.S. Floating LNG Export Facility

Excelerate Energy, a company founded by Oklahoma billionaire George Kaiser, said on Monday it has filed an application with the Federal Energy Regulatory

February 24, 2014
Total Views: 54

ENI S.p.A logo
News

ENI Orders New HHI-Built Floater Offshore Indonesia

Italian energy major ENI has ordered the construction of a barge-based Floating Production Unit (FPU) for the Jangkrik Complex Project development offshore

February 24, 2014
Total Views: 161

siem ruby osv greenland
Offshore

Arctic Oil Production Decades Away as Costs Limit Commercial Viability

Lundin Petroleum AB, the Swedish explorer focused on Norway, said there won’t be any new oil output in the ice-filled waters of the Arctic for at least 15

February 24, 2014
Total Views: 27

Sunday, February 23, 2014
chevron frade fpso
News

Petrobras’ Safety Issues in Campos Basin May Cause More Work Stoppages

Brazil's state-run oil company Petroleo Brasileiro SA could face new production stoppages on platforms in the Campos Basin if it does not resolve lingering

February 23, 2014
Total Views: 77

Friday, February 21, 2014
ulstein sx-157 anchor handling tug ahts
News

Teekay Enters Offshore Installation Business, Orders New Ships

Teekay Offshore Partners L.P. (NYSE:TOO) announced today that it will be entering the l0ng-haul ocean towage and offshore installation business with the

February 21, 2014
Total Views: 249

draugen platform regalia flotel offshore norway
News

New Norwegian Taxes Put $13 Billion in Projects at Risk

Feb. 21 (Bloomberg) — Norwegian efforts to raise oil and gas recovery from its offshore fields are being jeopardized as higher taxes threaten $13 billion

February 21, 2014
Total Views: 151

Thursday, February 20, 2014
bond super puma Eurocopter EC225 ditches
Offshore

U.K. Announces Measures to Improve Offshore Helicopter Safety

The U.K. Civil Aviation Authority (CAA) has announced a series of measures aimed at increasing the safety of offshore helicopter flights to and from offshore

February 20, 2014
Total Views: 184

hornbeck offshore mpsv
News

Hornbeck Offshore Invests in Hot MPSV Market, Sees Growth in the Gulf of Mexico

Hornbeck Offshore CEO and Chairman Todd Hornbeck expressed optimism today during his company’s 2013 earnings call.  He noted an increase of $43.7

February 20, 2014
Total Views: 185

Wednesday, February 19, 2014
fpso armada perdana
News

Bumi Armada Extended Offshore Nigeria with $381 Million Contract

Malaysian oil field services firm Bumi Armada Bhd said it has secured $381 million worth of contract extensions for its floating production, storage and

February 19, 2014
Total Views: 70

Tuesday, February 18, 2014
Seadrill Secures PEMEX Drilling Contracts With New Joint Venture
Offshore

Seadrill Secures PEMEX Drilling Contracts With New Joint Venture

Leading offshore drilling company Seadrill announced Tuesday that it has secured drilling contracts with Mexico's PEMEX for the operation of five jack-up rigs

February 18, 2014
Total Views: 260

Billions Will be Saved via a Digitally-Connected Maritime Industry
News

Billions Will be Saved via a Digitally-Connected Maritime Industry

“Ship to shore connectivity has not kept pace with the unprecedented data access available ashore after the internet revolution, but things are changing

February 18, 2014
Total Views: 39

Exxonmobil fuel laboratory chemistry test tube
Engineering News

ExxonMobil’s “Top Tips” for Purchasing Marine Bunkers

Considering the huge commercial impact marine bunkers have on ship owners and operators, ExxonMobil has put together the following list of

February 18, 2014
Total Views: 66

Monday, February 17, 2014
fsru excelsior excelerate
News

Mitsui O.S.K. to Invest Billions in Floating LNG Regasification and FPSOs

Feb. 18 (Bloomberg) — Mitsui O.S.K. Lines Ltd. plans to invest as much as 400 billion yen ($3.9 billion) in deep-sea gas production and transportation to

February 17, 2014
Total Views: 119

gulf marine services barge keloa
Finance

Gulf Marine Services Seeks to Raise $100 Million From London IPO

Gulf Marine Services Plc, an Abu Dhabi-based operator of support vessels for the oil and gas industry, plans to raise $100 million from an initial public

February 17, 2014
Total Views: 84

sliepner a platform statoil north sea
News

Norway May Align Offshore Drilling Rules With U.K. in Bid to Tackle Costs

Norway, western Europe’s largest oil and gas producer, may align regulations for offshore drilling with the U.K. in an attempt to reduce costs which are as

February 17, 2014
Total Views: 133

Sunday, February 16, 2014
Freide & Goldman JU2000E jackup
News

ZPMC Wins $400 Million Jack-Up Order

Shanghai Zhenhua Heavy Industries (ZPMC) won a $400 million order over the weekend to build a pair of high specification Friede and Goldman JU-2000E jack-up

February 16, 2014
Total Views: 182

Saturday, February 15, 2014
bae systems sunrise shipyard
News

MV Breeze Launched at BAE – VIDEO

Here's a video of the January 29, 2014 launch ceremony of the MV Breeze at BAE Systems Southeast Shipyard in Jacksonville,

February 15, 2014
Total Views: 57

Friday, February 14, 2014
nordlb
Finance

NordLB Not Planning Merger With Shipping Sector Peer HSH Nordbank – CEO

BERLIN, Feb 14 (Reuters) – German public-sector lender NordLB is not planning a merger with peer HSH Nordbank, its Chief Executive said in reaction to

February 14, 2014
Total Views: 42

Thursday, February 13, 2014
johan sverdrup
News

“Historic” Concept Selection Announced for Johan Sverdrup

Discovered by Lundin Petroleum in 2010, the Avaldsnes discovery at PL501 is the 5th largest discovery made on the Norwegian Continental Shelf, one that has

February 13, 2014
Total Views: 68