Offshore

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,

A growing shortage of shallow-water rigs in the Gulf of Mexico is providing an unexpected profit boost for Hercules Offshore Inc. and Ensco Plc as customers

Hamilton, Bermuda – Seadrill Limited announced today that Bert Bekker and Paul Leand Jr. have been appointed to its board of directors to fill vacancies

Sembmarine SLP Limited (SLP), a subsidiary of Singapore-based Sembcorp Marine announced that it has secured a contract worth approximately £7 million to

(Bloomberg) — Technip SA, Europe’s second-largest oilfield-services provider, increased first-quarter profit and hit a new record for orders as

Petroleum Geo-Services ASA (PGS) exercised their option today for two more “Ramform Titan-class” 3D seismic exploration vessels from Mitsubishi

The Damen Shipyards Galati-built tugs, SL Gabon and SL Libreville, were welcomed to the SMIT Lamnalco fleet at a ceremony at Port-Gentil, Gabon last week.  

Havila Shipping ASA announced today they have agreed with Fugro TSM in Perth, Australia to extend the firm contract period for the 2005/2007-built subsea