Offshore

Höegh LNG announced today they have signed a contract with an unnamed Asian national oil company to conduct a Front-end Engineering Design (FEED) study for a

Aug. 22 (Bloomberg) — China National Offshore Oil Corp., parent of the nation’s biggest offshore energy explorer Cnooc Ltd., is seeking to raise $3

Farstad Shipping has announced today the signing of a NOK 825 million newbuild contract with VARD for a Subsea IMR vessel. Farstad notes the hull will be built

SYDNEY, Aug 21 (Reuters) – Australian mining mogul Clive Palmer says his oil and gas business has identified what could be one of the world’s

China Oilfield Services Limited (COSL) has announced the purchase of two GustoMSC CJ46 jack-up drilling rigs which are currently under construction at China

Floatel International announced today the signing of their fifth semi-submersible accommodation newbuild contract with Keppel FELSs. The order adds USD $280

KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, created a unit to lend to the maritime industry, including assets such as drilling

Aug. 20 (Bloomberg) — Woodside Petroleum Ltd., Australia’s second-biggest oil producer, will recommend using Royal Dutch Shell Plc’s floating

The following question was posted today in the gCaptain Forum: One of the suggested ignition sources for the Deepwater Horizon explosion was that the No. 3

Aug. 20 (Bloomberg) — Wilbur Ross, the billionaire investor in struggling industries, says Chinese limits on shipbuilding will help the cargo market

By Balazs Koranyi and Michael Shields OSLO/VIENNA, Aug 19 (Reuters) – Norway’s Statoil sold stakes in North Sea oil fields to Austria’s OMV

NTSB releases Marine Accident Brief on Collision of Oil Tanker FR8 Pride with MODU Rowan EXL

Aug. 15 (Bloomberg) — Subsea 7 SA, an offshore oil services provider, rose to the highest level in more than seven weeks in Oslo as improving margins are

Deep Sea Supply, a Cyprus-based offshore supply vessel operator, announced in an exchange filing today plans to potentially order up to 10 new platform supply

OSLO, Aug 15 (Reuters) – Seadrill, the world’s biggest gas and oil rig company by market capitalisation, is to sell part of its North Atlantic

Petrobas has confirmed that a 68-meter OSV providing support to one of its rigs caught fire and sank last week off the coast of

WASHINGTON, D.C. – Secretary of the Interior Sally Jewell today named former Vice Admiral Brian Salerno as the Director of the Bureau of Safety and

The Rowan XL III is busy at work today drilling the relief well at South Timbalier 220 and we are hearing through our network that the relief well being

Maersk Drilling created this video last year as a recruitment and marketing tool. Normally we’re not super interested in posting promo videos, but I have

The world’s first Modular Capture Vessel (MCV) was delivered today from Drydocks World to Singapore-based AET. Named Eagle Texas, the vessel was