Offshore

For the first time in five years, more than 60 oil companies are set to bid on exploration permits offshore Brazil, taking on risks of drilling in virgin

Petrobas sold $11 billion of bonds abroad on Monday, the most ever for an emerging- market issuer, as it seeks to develop the biggest offshore oil find in the

Arctic nations must urgently improve rescue services in the resource-rich region that is opening up fast to shipping, energy and mining companies, experts

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Chairman of the Board and former CEO J. Michael Talbert has announced his intentions to

As you’ve likely noticed over the past few months, the concept of producing, processing, liquefying, storing, and transferring LNG via an offshore

At first glance, very little about this new icebreaker looks right.  The port side shares almost nothing in common with the starboard side and even the bridge

Shell's 100 percent-owned Stones field was discovered in 2005, some 200 miles southwest of New Orleans in 9,500 feet of

Subsea 7 announced today that it has ordered a new DP3 heavy construction and flexible pipelay vessel from Hyundai Heavy Industries. Powered by six main

Technip officially named its new state-of-the-art pipelay vessel during a ceremony on Friday at the Westcon Yard in Florø,

Harvy Gulf International Marine has signed fleet expansion deals totaling $540 million.

Offshore contractor EMAS AMC announced this week that it has been awarded a USD $75 million contract from Statoil to provide subsea engineering, procurement

(Bloomberg) — HRT Participacoes em Petroleo SA is expecting results this week from a well off Namibia’s Skeleton Coast that may revive interest in

In 2010, Teekay and their JV partner paid just under $100 million to order a newbuild VLCC, but since then quite a bit has changed in the crude tanker

In October 2011, GDF SUEZ and CNOOC signed a cooperation agreement to work on a China-based LNG Floating Storage Regasification Unit project.  The basis of

By Andrew Callus LONDON, May 2 (Reuters) – Royal Dutch Shell’s 54-year old chief executive Peter Voser is to retire next year in a surprise early

Shell to name Ann Pickard as head of its Arctic operations, moving her from the helm of the company's Australian

(Bloomberg) — Woodside Petroleum Ltd., Australia’s second-largest oil producer, signed an initial accord with Royal Dutch Shell Plc to enable the

Petrobras has awarded a 3 years firm contract to PSV Far Supporter (1996, UT 750, 4,680 DWT). The contract is in direct continuation of the existing contract.

Hong Kong-based Kuma Shipping announced today the order two new platform supply vessels from Ulstein.   The vessels will be built at an undisclosed shipyard

(Bloomberg) — Escalating costs to build liquefied natural gas plants on land in Australia, where energy workers earn the highest salaries in the world,