Offshore

Get comprehensive coverage of offshore industries, including oil and gas, renewable energy, and subsea operations. Stay informed on the latest offshore and upstream O&G news.


Tuesday, January 15, 2013
Prirazlomnaya platform Gazprom
News

Gazprom Pushes Back Against Allowing Private Industry to Develop Russian Arctic Shelf

MOSCOW–The chief executive of Russia’s OAO Gazprom (GAZP.RS) said the state-owned natural gas monopoly doesn’t want the government to allow

January 15, 2013
Total Views: 20

cormorant alpha taqa
News

Abu Dhabi’s TAQA Shuts Down North Sea Production Platform After Oil Leak Discovered

DUBAI, Jan 15 (Reuters) – Abu Dhabi National Energy Co (TAQA) confirmed the shutdown of one of its platforms in the UK North Sea, after discovering oil

January 15, 2013
Total Views: 111

eirik raude
News

Ocean Rig’s Eirik Raude To Leave West Africa, Bound for Irish Waters

Deepwater drilling contractor Ocean Rig UDW Inc. (NASDAQ: ORIG) has announced that its semi-submersible rig, the Eirik Raude, was chosen by an undisclosed oil

January 15, 2013
Total Views: 180

kulluk aiviq shell alaska
News

UK Government Rejects Call to Halt Arctic Drilling Plans

LONDON–The U.K. government has rejected lawmakers’ calls for a halt to Arctic oil and gas drilling, despite renewed safety concerns following the

January 15, 2013
Total Views: 22

Monday, January 14, 2013
Frigstad D90
Engineering News

Frigstad Places $1.3 Billion Newbuild Order for Ultra-Deep Water Rigs

In a $1.3 billion speculative venture, Frigstad Deepwater Ltd placed an order last week with CIMC Raffles for two, 7th generation ultra deepwater Frigstad

January 14, 2013
Total Views: 143

transocean
Finance

Icahn Could be a Game-Changer for Transocean

Transocean Ltd., the world’s largest offshore rig operator, climbed to the highest in 10 months after billionaire investor Carl Icahn said he’s

January 14, 2013
Total Views: 17

Sunday, January 13, 2013
carl icahn reuters
News

“The Icahn Lift,” Is Transocean Poised for Another Big Jump?

Deep water drilling firm Transocean (NYSE:RIG) reported this evening that billionaire investor Carl Icahn has notified them that he is seeking approval to

January 13, 2013
Total Views: 49

STX's PSV 09
News

Tidewater Acquires PSV Newbuild Contracts from STX Pan Ocean

STX OSV announced on Friday that New Orleans-based offshore supply vessel operator Tidewater Inc. acquired contracts for three platform supply vessels which

January 13, 2013
Total Views: 216

Saturday, January 12, 2013
Macondo well bp
News

BP Seeks $3.4 Billion Reduction in Fines Related to Macondo Disaster

BP Plc is seeking a reduction of as much as $3.4 billion in the fine it may have to pay for pollution caused by the 2010 Gulf of Mexico

January 12, 2013
Total Views: 174

ensco
Finance

ENSCO: Drilling Deep for Value

By Christopher C. Williams, Barron’s Oil and gas producers are scoring major finds farther offshore than ever before. That, and rising energy prices, are

January 12, 2013
Total Views: 144

Friday, January 11, 2013
far scotsman PSV farstad
News

Farstad Shipping Awarded $57 Million in Charter Contracts

Norwegian offshore supply vessel owner and operator, Farstad Shipping ASA announced today they have been awarded the following charter contracts worth NOK 32o

January 11, 2013
Total Views: 136

kulluk shell arctic drilling rig
News

US Environmental Protection Agency Finds Arctic Drilling Rig Not In Compliance

Royal Dutch Shell PLC’s (RDSA, RDSB) Kulluk oil rig violated nine conditions of its air-quality permit while drilling in the waters off Alaska, the U.S.

January 11, 2013
Total Views: 65

Shell Says Kulluk Tow Was Motivated by Alaska Tax Bill [UPDATE]
Offshore

Shell Says Kulluk Tow Was Motivated by Alaska Tax Bill [UPDATE]

By Jim Snyder Avoiding a state tax played a role in Royal Dutch Shell Plc’s decision to move a drilling rig from Alaska waters, though the company said

January 11, 2013
Total Views: 34

Thursday, January 10, 2013
hd12000 drillship
Engineering News

Hyundai Heavy Unveils the HD12000 Drillship, a Joint Development Project with Lloyd’s Register

A joint development project (JDP) between HHI and Lloyd’s Register meets market demand for a new generation of drillships With the heightened

January 10, 2013
Total Views: 286

jan mayen island
News

Jan Mayen Island is Likely Too Remote and Risky For Offshore Drilling Says Norway

Oil and gas exploration off Norway’s Jan Mayen Island, due to be opened up to drillers this year, poses “significant environmental

January 10, 2013
Total Views: 156

Royal Boskalis Westminster N.V. ursa cutter suction dredge
Finance

Boskalis Predicts Significant Profit Gains in 2013

AMSTERDAM–Dutch dredging company Royal Boskalis Westminster NV (BOKA.AE) Thursday confirmed its earnings outlook for 2012 at an extraordinary meeting of

January 10, 2013
Total Views: 77

Wednesday, January 9, 2013
keppel fels shipyard tuas
Offshore

China Shipyards Set to Spark Price War Among Rigmakers

By Kyunghee Park and Jasmine Wang China’s shipbuilders are set to spark a price war in the oil-rig market. With orders for new ships plunging to an

January 9, 2013
Total Views: 152

Kulluk Tow Incident Timeline [INFOGRAPHIC]
News

Kulluk Tow Incident Timeline [INFOGRAPHIC]

Ever since the AIVIQ lost the initial tow of Shell’s Kulluk drilling rig on December 27th, there were so many new developments and information pouring

January 9, 2013
Total Views: 84

skf logo
Engineering News

SKF Combines Forces with Blohm & Voss in $104 Million Merger

SKF AB, the world’s largest maker of ball bearings, agreed to buy Hamburg-based ship-component maker Blohm & Voss Industries GmbH to expand its

January 9, 2013
Total Views: 64

Oceanic Vega cggveritas geoseismic ship
News

CGGVeritas Takes a 6% Hit After Brazilian Offshore Deals Fall Through

CGGVeritas, the largest seismic surveyor of oilfields, slumped by the most in more than three months in Paris trading after saying potential deals in Brazil

January 9, 2013
Total Views: 51