Offshore

TOKYO – MODEC announced today that Mitsui & Co., Mitsui O.S.K. Lines, and Marubeni Corporation have agreed to invest in a MODEC-operated, long-term

Cat Generator Sets to Power CNOOC Platform, FPSO in Enping Oilfield Beijing, China – Caterpillar Global Petroleum is pleased to announce Cat® 16CM32C

BP refrained today from bidding on any new oil-drilling leases in the Gulf of Mexico (GoM) following the US government’s recent decision to prevent the

On Tuesday March 19, 2013, Shell’s Kulluk drilling rig was loaded onboard the Chinese heavy lift ship, Xiang Rui Kou, in Captain’s Bay, Unalaska in

By Allen Johnson Jr. and Margaret Cronin Fisk (Bloomberg) — Transocean Ltd. crew on the Deepwater Horizon “should have done more” to prevent

Sembcorp Marine’s subsidiary PPL Shipyard announced today they have secured orders from repeat customer Integradora de Servicios Petroleros Oro Negro,

(Bloomberg) — Hercules Offshore Inc., a drilling- rig supplier, won the dismissal of a lawsuit challenging its executive pay decisions that a judge said

U.S. Secretary of the Interior Ken Salazar on Thursday released the findings of a Departmental review of Shell’s troubled 2012 Arctic operations,

Statoil announced today that they have signed a three year contract with Stena Drilling to contract their drillship, Stena Carron, for exploration drilling in

(Bloomberg) — Prosafe SE fell the most in almost seven months in Oslo as a share sale equivalent to 5.7 percent of the company outweighed the effect of

Building on the success of the world’s only monohulled, DP3 accommodation vessel, the Edda Fides, Edda Accommodation says it is building new ship that

Prosafe, a Cyprus-based owner and operator of semi-submersible accommodation vessels, announced today they have has been awarded a USD $137.5

ABB, the Swiss power and automation technology group, announced today they have won a $26 million order to supply electrical power and propulsion systems for

By Rakteem Katakey and Tsuyoshi Inajima (Bloomberg) — Japan and India, Asia’s biggest energy consumers after China, are closer to unlocking natural

Singapore’s Keppel Corporation said Tuesday that it has terminated a deal with Ukraine’s state-run oil and gas company, Naftogaz, that called for

OSLO – DNV and Statoil are today launching a competence programme that aims to enhance the two organisations’ knowledge about particular Arctic

(Bloomberg) — Kvaerner ASA, a Norwegian builder of oil platforms, climbed the most in more than four months in Oslo trading after winning a $1.5 billion

Havila Shipping (OSLO:HAVI) announced today they have entered into new contracts with Statoil for their platform supply vessels, Havila Clipper and Havila

By Niklas Pollard and Balazs Koranyi STOCKHOLM/OSLO, March 10 (Reuters) – Executive excess need not be etched in stone. Just look at the Nordic region,

ConocoPhillips on Thursday revealed that it is moving ahead with plans to drill up to two exploratory wells in Alaska’s arctic waters in 2014 where rival