Transocean Chairman Throws in the Towel Amid Fight with Icahn
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced today that Chairman of the Board and former CEO J. Michael Talbert has announced his intentions to
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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,
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
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