Offshore

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

New office in Vietnam at the port of Vung Tau announced at Maritime Vietnam London Offshore Consultants (LOC), the global marine and engineering consultancy

GC Rieber Shipping ASA announced today that they have entered into a charter agreement with Ceona Services (UK) Limited for its high capacity subsea newbuild

(Bloomberg) — Billionaire investor Carl Icahn proposed three new Transocean Ltd. board candidates and said he’d push for a higher dividend after

Farstad Shipping ASA has, through its wholly owned subsidiary Farstad Supply AS, reached an agreement with Ocean Yield of a sale and leaseback of two AHTS. The

(Bloomberg) — Petroleo Brasileiro SA, the world’s largest deep-water oil producer, will stop leasing new rigs as it struggles to contain costs and

Ulstein Verft delivered Blue Power today, the third of six medium-sized Ulstein PX121 platform supply vessels (PSV) to Blue Ship Invest, a wholly-owned

By James Regan and Benjamin Mallet PARIS, March 6 (Reuters) – France’s Bourbon SA, which supplies ships for the oil and gas industry, sees

Seadrill announced today they have ordered two high specification jack-up drilling rigs to be built at China’s Dalian Shipbuilding Industry Company

By Melissa Akin MOSCOW (Reuters) – BP, which lost its first deal to drill for oil in Russia’s Arctic to ExxonMobil, tried to negotiate a new deal

(Bloomberg) — Transocean Ltd., the owner of the Deepwater Horizon rig that exploded while drilling in the U.S. Gulf of Mexico in 2010, reinstated

By Rebecca Penty and Sara Forden (Bloomberg) — Cnooc Ltd., China’s largest offshore oil and natural gas producer, was barred from controlling

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By Balazs Koranyi OSLO (Reuters) – Offshore oil driller Seadrill expects to resolve operational problems this year, it said on Thursday, and predicted

The jack-up drilling market continues to show strength today with the latest order by Perisai Petroleum Teknologi Bhd. for a Pacific Class 400 newbuild rig

A major milestone was reached today for Norwegian classification society, Det Norske Veritas (DNV).  For the first time ever, DNV has been awarded

By Yereth Rosen ANCHORAGE, Alaska, Feb 27 (Reuters) – Royal Dutch Shell Plc will not drill for oil in Alaska’s Arctic seas this year, the company

By Jef Feeley and Allen Johnson Jr. (Bloomberg) — BP Plc’s push to maximize profits and cut costs at the Macondo well was a “root

YENAGOA, Nigeria (Reuters) – Six foreign sailors were freed unharmed overnight by pirates who seized them off the coast of Nigeria’s oil-producing

By Jef Feeley and Allen Johnson Jr. (Bloomberg) — BP Plc, Transocean Ltd. and Halliburton Co. are seeking to avoid billions of dollars in damages by