Offshore

Maersk Drilling announced today the signing of a two-year, $100 million contract with Addax Petroleum for the jack-up rig Maersk Endurer in Cameroon. Addax

With Royal Dutch Shell and Cairn Energy’s failed attempts at finding recoverable oil and gas in the arctic this year, along with a record breaking ice

TORONTO–Nexen Inc. shareholders, as expected, overwhelmingly voted in favor of Cnooc Ltd.’s proposed $15.1 billion takeover of the Calgary-based

(Bloomberg) — For more than a decade, the world’s biggest liquefied natural gas producers led by Royal Dutch Shell Plc plotted how to move their

OSLO–The Norwegian Petroleum Safety Authority, or PSA, said Tuesday it is investigating a substantial oil leak at the BP PLC (BP) operated Ula oil

Vernier, Switzerland-based drilling contractor Transocean (NYSE: RIG) (SIX: RIGN) issued their monthly fleet update summary today with a fair bit of good

(Bloomberg) — Royal Dutch Shell Plc’s decision to abandon oil drilling in Alaska’s Arctic waters this year underscores the risks of working

General Electric Co. (GE) and Brazilian energy company Petroleo Brasileiro (PBR, PETR4.BR) have signed the world’s largest subsea wellhead production

As oil and gas companies extend their presence to remote and ultra-deep waters, one of their main challenges is to maintain environmentally responsible

Technip has been awarded by INPEX CORPORATION an important offshore commissioning contract, worth approximately €210 million, for the Ichthys LNG

(Bloomberg) — Petroleo Brasileiro SA’s plan to boost oil production is being threatened by a court ruling that bans drilling contractor Transocean

There were a number of factors that contributed to today’s decision by Shell to pull the plug on finding oil in the Arctic waters of the Chukchi and

WASHINGTON–A months-long saga wrapped up Monday as Royal Dutch Shell PLC (RDSA.LN, RDSA) said it would not be able to drill for oil in the Arctic Ocean

http://www.youtube.com/watch?v=D_FLaMLIsv0 Oceanografia S.A. de C.V., one of Mexico’s largest offshore vessel operators specializing in underwater

LONDON–Oil and gas company Royal Dutch Shell PLC (RDSB) said Monday it has suspended plans to drill in the Arctic region during 2012 after damage to

Eidesvik’s LNG-powered Viking Princess, was named in an official ceremony in Bergen, Norway, on September 14th.  Lady sponsor of the vessel is H.R.H.

(Bloomberg) — The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a

In early September, Nam Cheong Limited, Malaysia’s largest Offshore Support Vessel shipbuilder announced that it had won two contracts for the

Norwegian energy conglomerate Statoil signed a letter of intent yesterday with South Korean shipyard Samsung Heavy Industries for the construction of a new

Teekay Offshore Partners LP‘s (TOO) sale of roughly 7.4 million of its common units, representing limited-partner interests, priced at a 3.9% discount to