Offshore

Diamond Offshore (NYSE: DO) reported their third quarter results today with somewhat mixed results.  Their net income for the third quarter was down 30

(Bloomberg) The Obama administration has issued this year the most deep-water oil-drilling permits for the Gulf of Mexico since 2007 as high crude prices

Volatility in crude oil prices in recent months has made an impact on the offshore development. To learn about the causes of this market volatility, as well as

While in Hamburg, Germany last month I sat down with Henrik Uhd Christensen, the Chief Executive of VIKING Life-Saving Equipment, a familiar brand to many who

Since she was delivered from the shipyard in 1999, Eidesvik’s multi-purpose support vessel, Subsea Viking, has been on continual contract with global

(Bloomberg) — The refusal of three BP Plc executives’ to testify about the 2010 Gulf of Mexico disaster should be held against the company at a

China and Japan sat down for talks and agreed to jointly develop a natural gas field under the East China Sea, defusing a dispute between Asia’s

Any of you scurvy dogs missing an eye?  A beachcomber in Pompano Beach, Florida may have found it.  Doesn’t look human though. Any guesses where it

HOUSTON–As U.S. officials and BP PLC negotiate to resolve the company’s liability for the Deepwater Horizon spill, some local and state officials

(Bloomberg) — An oil sheen discovered last month in the Gulf of Mexico near the site of the Deepwater Horizon rig explosion matches samples from the BP

STX OSV announced today that Norwegian offshore vessel owner, Siem Offshore has declared options for the design and construction of two additional Offshore

According to a letter obtained by Reuters from Talisman Energy to Norway’s Petroleum Safety Authority (PSA), the Yme platform is still in very sketchy

Iran’s oil platforms have been targeted by cyber attack by Israel and other nations but their operations have not been affected, an Iranian state oil

BUENOS AIRES–Uruguay’s government on Friday signed offshore exploration deals with four oil and gas companies that have committed to invest $1.65

MEXICO CITY–Mexican state oil monopoly Petroleos Mexicanos, or Pemex, has found a second big crude-oil deposit in the deep waters of the Gulf of Mexico,

(Bloomberg) — Petroleos Mexicanos, the world’s fourth-largest crude producer, found a new ultra-deepwater field with about 200 million barrels of

Damen Shipyards announced today the delivery of two, PSV 4500 platform supply vessels, plus another four which are currently under construction and destined

HOUSTON–The U.S. Gulf of Mexico is on track to surpass by 2019 the peak production levels last seen before the 2010 Deepwater Horizon disaster, analysts

Atwood Oceanics, Inc. (NYSE: ATW) announced today that one of its subsidiaries has been awarded a contract by CEC International, Ltd. for the jack-up

The DNV-classed Far Solitaire (UT 754 WP) was delivered today from the STX OSV Langsten shipyard to its new owner, Farstad Shipping.  Last month, this vessel