Offshore

“Virginia is well positioned to be a national leader in offshore energy exploration,” noted Virginia Senator Tim Kaine in a press statement

Teekay Offshore Partners L.P. (NYSE:TOO) announced an agreement with Statoil to provide a floating storage and offtake (FSO) unit for the Gina Krog oil and

Qatar Petroleum International (QPI) and Total announced a landmark partnership agreement with Total E&P Congo today representing QPI’s first

HOUSTON – Hercules Offshore (Nasdaq: HERO) on Monday announced that it has entered into an agreement for the sale of eleven inland barge rigs, which

The European Union tightened safety rules for offshore oil and natural-gas exploration to curb the risk of a major accident after BP Plc’s 2010 spill in

11-tanker order cancelled as OSX scales back construction of its shipyard at the Açu port

Transocean Ltd. shareholders voted in favor of one of billionaire investor Carl Icahn’s three board nominees, while rejecting his proposal for a

(Press Release) Cargotec’s MacGregor has received EUR 22 million order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to

Investors in Songa Offshore (SONG:OSLO) reacted positively today to comments made by interim CEO and Chairman of the Board, Jens A Wilhelmsen.  Share prices

Offshore oil services firm Subsea 7 provided more evidence on Thursday of difficulties this industry faces from project delays, cost pressures and skill

Transocean’s ultra-deepwater semisubmersible rig, Sedco Express (EXS), coordinated an at-sea firefighting rescue of the crew of a bunkering tanker

Zhejiang shipyard has delivered the PSV Sea Flyer, the first of 12 Ulstein PX105 PSVs ordered by Seatankers

Allseas' monstrosity, the Pieter Schelte, is currently under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in Okpo,

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