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.


Wednesday, September 12, 2012
Transocean CEO: Brazil Injunction is Unwarranted and Flawed
Offshore

Transocean CEO: Brazil Injunction is Unwarranted and Flawed

HOUSTON–A Brazilian appeals court has denied a request by the national oil regulator to suspend an injunction barring Transocean Ltd. (RIG) and Chevron

September 12, 2012
Total Views: 37

seawell helix esg well intervention vessel
News

Helix ESG’s Seawell, a 25-Year Old Offshore Workhorse, and Still Going Strong

Helix Energy Solutions Group Inc’s well intervention vessel Seawell pioneered the well intervention industry when she first entered North Sea service

September 12, 2012
Total Views: 300

scarabeo 8
News

Safety Investigation Launched After Scare on Barents Sea Drilling Rig

OSLO–Norway’s oil safety agency opened an investigation Wednesday into last week’s scare in the Barents Sea involving an Eni SpA (E)

September 12, 2012
Total Views: 145

Tuesday, September 11, 2012
Isaac ‘Tar Balls’ Could Complicate BP’s Oil Spill Settlement [UPDATE]
Offshore

Isaac ‘Tar Balls’ Could Complicate BP’s Oil Spill Settlement [UPDATE]

(Bloomberg) — BP Plc’s proposed $7.8 billion partial settlement of 2010 Gulf of Mexico oil-spill claims shouldn’t be approved because last

September 11, 2012
Total Views: 30

eirik raude ocean rig offshore drilling
News

Ocean Rig’s Eirik Raude Finds Employment Off Ireland

Ocean Rig UDW Inc. (NASDAQ:ORIG), a global drilling company that specializes exclusively in the deep water segment, announced today that it has received a

September 11, 2012
Total Views: 164

axis offshore accommodation vessel cosco
News

Chinese Yard Wins $200 Million Accommodation Rig Contract from New JV, Axis Offshore

COSCO Corporation announced today that their subsidiary, COSCO Qidong Offshore Co. Ltd., has secured a contract valued over USD $200 million from Axis

September 11, 2012
Total Views: 152

BP Finds Buyer For U.S. Gulf Assets
Offshore

BP Finds Buyer For U.S. Gulf Assets

BP PLC (BP, BP.LN) reached a deal to sell some of its Gulf of Mexico offshore oil fields to Plains Exploration & Production Co. (PXP) for $5.55 billion, as

September 11, 2012
Total Views: 46

Monday, September 10, 2012
Shell Commences Drilling in Alaska
Offshore

Shell Commences Drilling in Alaska

After a six-year wait and clearing countless hurdles, Royal Dutch Shell PLC’s (RDSA.LN, RDSA) U.S. unit said it began drilling in Alaska’s Chukchi

September 10, 2012
Total Views: 39

frontline tankers vlcc front shanghai
Interesting

John Fredriksen: The Man, the Myth, the Legend

The flow of much of the world’s oil is controlled from a small suite of offices perched over a Tiffany & Co. store in the Chelsea section of London.

September 10, 2012
Total Views: 3024

Esa Ikäheimonen
News

Transocean Snatches New CFO, Sells Jack-Up Fleet, and Plans Bond Sale for Drillships [UPDATE]

Big announcements were made today by Switzerland-based deep water drilling contractor Transocean Ltd. (NYSE: RIG) (SIX:RIGN). In a move to make the company a

September 10, 2012
Total Views: 86

Saturday, September 8, 2012
Shell Says Alaska Drilling Starting This Weekend
Offshore

Shell Says Alaska Drilling Starting This Weekend

Royal Dutch Shell PLC‘s (RDSA, RDSA.LN, RDSB, RDSB.LN) U.S. unit said Friday drilling in Alaska’s Arctic offshore will likely begin over the coming

September 8, 2012
Total Views: 60

bw pioneer
Offshore

Petrobas Seeking Partners in Deepwater U.S. Gulf

Brazilian state-owned oil company Petroleo Brasileiro SA, or Petrobras, is seeking a joint-venture partner to invest as much as $4 billion into the

September 8, 2012
Total Views: 34

Friday, September 7, 2012
Offshore Oil and Gas Industry Looking to NASA’s Curiosity Rover For Fresh Ideas
Offshore

Offshore Oil and Gas Industry Looking to NASA’s Curiosity Rover For Fresh Ideas

It has been said that the technology used to drill ultra-deepwater oil and gas wells rivals that of NASA.  Sometimes those comparisons are more literal than

September 7, 2012
Total Views: 69

Thursday, September 6, 2012
Brazil Court Allows Chevron Exec to Leave Country
Offshore

Brazil Court Allows Chevron Exec to Leave Country

RIO DE JANEIRO–A federal court in Brazil will allow one of the executives charged in a criminal lawsuit related to a November spill at an offshore

September 6, 2012
Total Views: 61

CNOOC Politely Seeks U.S. Approval of Nexen Deal
Offshore

CNOOC Politely Seeks U.S. Approval of Nexen Deal

(Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas explorer, asked the U.S. government to review its $15.1 billion offer for

September 6, 2012
Total Views: 28

Wednesday, September 5, 2012
U.S. Gulf of Mexico Production Still Nearly Half Shut-In in Wake of Isaac
Offshore

U.S. Gulf of Mexico Production Still Nearly Half Shut-In in Wake of Isaac

Nearly half of the oil production in the U.S. Gulf of Mexico remained shut-in Wednesday as producers continue to restore production following Hurricane Isaac.

September 5, 2012
Total Views: 17

U.S. Pursuing Gross Negligence Charges in BP Oil Spill
Offshore

U.S. Pursuing Gross Negligence Charges in BP Oil Spill

(Bloomberg) — BP Plc, the owner of the Macondo well that caused the worst U.S. oil spill two years ago, declined in London after the Department of

September 5, 2012
Total Views: 38

Fred Olsen Energy Falls as Major Shareholders Sell Stakes
Offshore

Fred Olsen Energy Falls as Major Shareholders Sell Stakes

(Bloomberg) — Fred. Olsen Energy ASA, a Norwegian offshore drilling company, fell the most in three months in Oslo trading after major shareholders

September 5, 2012
Total Views: 50

Tuesday, September 4, 2012
BP Drilling First Producing Wells at Atlantis Since Moratorium
Offshore

BP Drilling First Producing Wells at Atlantis Since Moratorium

(Bloomberg) — BP Plc, whose Macondo blowout in the Gulf of Mexico caused the biggest offshore oil spill in U.S. history, is drilling the first

September 4, 2012
Total Views: 77

Noble Taking a Hit on Rig Delays
Offshore

Noble Taking a Hit on Rig Delays

Noble Corp. (NE) said it expects its third-quarter revenue to be hurt by about $50 million due to operational delays and other developments around returning

September 4, 2012
Total Views: 118