Offshore

The measure would require the Obama administration to conduct additional sales of oil and gas leases off the coasts of Virginia, South Carolina, southern

June 28 (Bloomberg) — Subsea 7 SA, an offshore oil services provider, advanced in Oslo as investors bought back into the stock after a

Seadrill has paid NOK 461 million for a 50.1 percent majority stake in deepwater drilling contractor Sevan Drilling today. This acquisition exceeds the

Seadrill Ltd., an offshore driller controlled by billionaire John Fredriksen, is seeking to buy 50.1 percent of Sevan Drilling ASA to nix financing plans for

Technip announced today they have been awarded a lump sum contract by Statoil for pipelay and subsea installation work on the Snøhvit CO2 Solution project.

An interesting trend in recent years has been the increase in high spec supply vessels ordered to service the offshore oil and gas industry, in addition to

In April 2012, Statoil and Aker Solutions announced a $1.9 billion contract to deliver a semi-submersible rig capable of year-round well-intervention services

Streamers towed behind a seismic survey vessel are fairly vulnerable when deployed, and extremely costly to replace when damaged or destroyed by vessel

Aberdeen-based offshore drilling contractor Awilco Drilling PLC, announced today they have signed a Letter of Intent (LOI) with Apache North Sea Ltd and TAQA

On Wednesday, China Oilfield Services Limited (COSL) signed newbuild agreements for the construction of 15 vessels at five different Chinese shipyards. The

At the Saint Petersburg International Economic Forum today, Rosneft and Eni signed a Declaration on Protection of the Environment and Biodiversity for Oil and

Seadrill announced today they have awarded $460 million in new build contracts to Dalian Shipbuilding (DSIC Offshore) in China for the construction of two high

A big high-five to the gCaptain community today as we’re happy to report we’ve blazed past a huge milestone for our website… Over the past

Deepwater drilling contractor Ocean Rig UDW Inc. (NASDAQ: ORIG) announced today that it has received a 5-well contract for its ultra deepwater drillship Ocean

With a storage capacity of 2.3 million barrels, the FPSO is believed to be the largest ever built.

Maersk Oil on Wednesday said it has been offered at 20% interest in a new oil license (PL710) from Norway in the arctic Barents

New Orleans-based Harvey Gulf International has secured plans to construct and operate the United States’ first LNG marine fueling facility out of Port

Ensco said Monday that it has placed an order Samsung Heavy Industries for its eighth advanced-capability DP3 ultra-deepwater drillship for approximately $625

Maersk's new game, Quest for Oil, lets players find and extract oil.

OSLO, June 10 (Reuters) – Malaysian offshore oil services firm Yinson Holdings Bhd is bidding $170 million for Norwegian shipping firm Fred. Olsen