Offshore

On January 18th, 2013, Damen Shipyards Galaţi launched the World Diamond, the first of a series of six fully equipped Platform Supply Vessels for Norwegian

By Alison Sider HOUSTON–Shallow-water driller Rowan Drilling Company (RDC) is stepping in the deepwater, a move that it expects will boost profits and

Jan. 25 (Bloomberg) — Billionaire investor Carl Icahn called on Transocean Ltd. to issue a $4-a-share dividend and said he will propose the dividend at

By Kristin Jones Noble Corp.’s (NE) fourth-quarter earnings were roughly flat from a year earlier as the offshore-oil driller’s higher revenue

By Inti Landauro PARIS–Lutz Bertling, the chief executive of Eurocopter, the world’s largest helicopter manufacturer, expects its EC225 aircraft,

HOUSTON – Atwood Oceanics, Inc. (NYSE: ATW) announced today that one of its subsidiaries has been awarded a two-year drilling services contract by

By Saabira Chaudhuri Chevron Corp. (CVX) has signed petroleum agreements related to three offshore areas in Morocco, a push to expand its footprint in frontier

Island Offshore has announced it has won two 5-year contracts for its Island Chieftain and Island Challenger vessels. In a statement, Island Offshore says that

LONDON–Oil prospecting in the U.K. North Sea has experienced renewed vigor and there is a positive outlook for 2013 activity, according to a report

WASHINGTON, DC – After 4 challenging years managing the natural resources of the United States, Secretary of the Interior Ken Salazar has announced his

By Gwladys Fouche STAVANGER, Norway, Jan 16 (Reuters) – Oil companies are overlooking some vital safety issues when preparing to drill in frontier Arctic

DUBAI, Jan 16 (Reuters) – Abu Dhabi oil company TAQA said it had no restart date for oil output stopped after a leak at its North Sea Cormorant Alpha

Jan. 16 (Bloomberg) — Carl Icahn’s new stake in Transocean Ltd. may raise pressure on the world’s largest offshore driller to split off some

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

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

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

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

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

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

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