Offshore

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

By Margaret Cronin Fisk (Bloomberg) — BP Plc heads into a sprawling trial Monday over who is liable for the biggest offshore oil spill in U.S. history

By Margaret Cronin Fisk, Jef Feeley and Laurel Brubaker Calkins (Bloomberg) — Halliburton Co. may escape paying billions of dollars in damages for its

ANCHORAGE, AK — The U.S. Coast Guard on Thursday said it has lifted the order restricting the movement of Shell’s Kulluk drilling rig from Kiliuda

Teekay reported their FY 2012 financials today and if there was one word to describe Teekay operations at this very moment, it would be “Growth.”

By Jeb Blount RIO DE JANEIRO, Feb 20 (Reuters) – A Brazilian judge dropped criminal charges against Chevron Corp, Transocean Ltd and 17 of their

(Bloomberg) — Bergen Group ASA, a Norwegian shipbuilder and offshore services company, climbed the most in more than 3 ½ years in Oslo after agreeing to

Trond Christensen, Chief Operating Officer at Norwegian drilling contractor, Songa Offshore SE, announced his resignation today, effective 31 March.

By Margaret Cronin Fisk (Bloomberg) — Transocean Ltd. won court approval of its $1 billion settlement with the U.S. of pollution claims stemming from the

UAE rig-builder Lamprell announced today the successful of construction of the wind turbine installation vessel, Windcarrier 2 “Bold Tern.” Having

By Joe Brock ABUJA, Feb 19 (Reuters) – Pirates kidnapped six foreign sailors when they boarded a ship two days ago off Nigeria’s coast in the

RIO DE JANEIRO, Feb 18 (Reuters) – Brazil’s state-led Petroleo Brasileiro SA was forced to shut down operations for nearly a day at its PPM-1

Technip was awarded by Sarawak Shell Berhad an engineering, procurement, construction, installation and commissioning contract for two new gas-export lines at

Maersk Oil Qatar and Gulf Drilling International (GDI) announced today they have signed a four year agreement for 770 million Qatari Riyal (USD $211 million),

Malaysia-based international offshore oil and gas services provider, Bumi Armada Berhad announced today that its jointly controlled entity, SP Armada Oil

Songa Offshore SE advanced the most in three months in Oslo after the Cyprus-based offshore drilling company said work on its delayed Trym rig is completed and