Offshore

Aug. 26 (Bloomberg) — Norway’s election outcome next month is poised to end a deadlock over oil drilling off the shores of its protected Lofoten

Singapore-based Jaya Holdings’ (JAYA:SP) announced today in an emailed statement that their DP2 Platform Supply Vessel (PSV) “Jaya

Aug. 26 (Bloomberg) — ONGC Videsh Ltd., a unit of India’s biggest energy explorer Oil & Natural Gas Corp., agreed to pay $2.64 billion to buy a

OSX Brazil said on Friday that its OSX-3 vessel arrived in Brazilian waters and would be delivered to sister oil producer OGX Petroleo e Gas

New video shows RNLI crews recovering the oilfield services Super Puma helicopter that crashed in the North Sea Friday

On May 8th, Shell announced their plans to develop the Stones field located approximately 200 miles south of New Orleans in Walker Ridge.  This 100%-owned

After spending NOK 461 million for a 50.1 percent majority stake in deepwater drilling contractor Sevan Drilling, Seadrill was required by the Norwegian

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