Offshore

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

Ulstein announced today that the Nantong Rainbow Offshore & Engineering Equipments Co., Ltd. (aka ROC yard) located in Jiangsu Province, China, has been

Aug. 12 (Bloomberg) — McDermott International Inc. is so beaten down that buyers can snap up the offshore oilfield- construction company and its fleet at

An anonymous gCaptain contributor sent us images of the heavy lift semi-submersible Saipem 7000 lifting the 11,500 ton accommodation block atop the

A 50/50 joint venture between DOF Subsea and Technip has just won a USD $3.4 billion contract from Petrobras for the construction and operation of four new

SeaBird Exploration’s 2D Long Offset Seismic Vessel, Northern Explorer has just been awarded a 150 day, USD $10.5 million contract in the Mediterranean

IHC Merwede announced today over €1 billion in new orders have just been received for the design, engineering and construction of six, 550-ton pipelay

Aug. 8 (Bloomberg) — BP Plc, ConocoPhillips and Statoil ASA are among oil explorers investing at least $3 billion in wells off Angola next year in the

Royal Boskalis Westminster N.V. announced today that their Type-0 heavy lift vessel, the Dockwise Vanguard has just finished a contract supporting the repair

Petrobras has extended their contract for DOF Subsea’s Skandi Vitória for an additional two years beginning in September 2013. The vessel is owned