Offshore

July 30 (Bloomberg) — Woodside Petroleum Ltd., Australia’s second-biggest oil and gas producer, may pull out of a deal to invest in Israel’s

Prospector Offshore Drilling S.A. (PROS) has announced today that their newbuild Freide & Goldman JU2000E jack-up rig, Prospector 5, has been awarded an

SINGAPORE, July 29 (Reuters) – Offshore marine services provider POSH Semco, controlled by Malaysia’s richest man Robert Kuok, is seeking to list

Swiber, a Singapore-based offshore construction firm announced today it has signed contracts worth approximately USD $435 million, plus $105 million in

Another Deepwater Horizon aftershock today with Halliburton, the contractor in charge of the cement job that was supposed to keep the Macondo well from blowing

A Halliburton Co. unit will plead guilty to destroying tests on cement work done on a BP Plc-owned oil well that exploded and caused the 2010 Gulf of Mexico

A well blew out, a rig is abandoned, and a fire raged uncontrollably in the Gulf of Mexico for an entire day this week. For many, it was a

Update 5 (29 July 2013) On 27 July, BSEE approved a permit application by Walter Oil and Gas to drill the relief well which will permanently kill the well

As a follow-up to Seadrill’s acquisition of a majority stake in Sevan Drilling last month, Seadrill has announced today their offer for all remaining

From a drilling safety standpoint, jack-up rigs are inherently more dangerous than floating rigs for two main reasons. First, if the well blows out and catches

Hercules Offshore (NASDAQ: HERO) reported Tuesday that it is experiencing a well control incident on its jackup drilling rig, Hercules 265, in the U.S. Gulf of

July 23 (Bloomberg) — The Angolan capital Luanda has overtaken Tokyo to become the world’s most expensive city for expatriates in a survey of 214

Deepwater driller Ocean Rig UDW Inc. (NASDAQ: ORIG) has announced the signing of a Letter of Award for its ultra deepwater newbuild drillship Ocean Rig Skyros

"We believe that the timing is right to divest of our non-core Downstream segment in order to strategically focus our energies on our Upstream core business,"

SBM Offshore has won a major order today from Shell to supply and lease a new Floating Production Storage and Offloading (FPSO) for the Stones development

BG Tunisia has extended it’s charter for Solstad Offshore’s (SOFF) anchor handling vessel (AHTS) Nor Star for an additional two years, with one

By Rujun Shen and Yantoultra Ngui SINGAPORE/KUALA LUMPUR, July 22 (Reuters) – From hauling rigs to delivering toilet paper, firms from Southeast Asia are

Seadrill’s West Tellus, a 6th generation drillship currently under construction at DSME, officially has work to do when it get’s delivered in

The world’s second largest crane vessel was contracted this week by Statoil to lift and transport the 10,600 ton topsides module into position atop the

Seadrill has announced that Executive Vice President and Chief Operating Officer Per Wullf will succeed Fredrik Halvorsen as Chief Executive Officer at the end