Offshore

(Bloomberg) — Oil companies off Greenland’s shores may be basing risk assessments on outdated information as icebergs splinter the island’s

Sea Trucks Group, a Netherlands-based offshore supply and support vessel owner, confirmed that four of its sea-going staff were kidnapped in a violent attack

Petrobras signed contracts today with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for the chartering and operation of 12

SAO PAULO–The head of Brazil’s national petroleum agency, ANP, said Thursday a court order for Transocean Ltd. (RIG) to suspend operations in the

SAO PAULO–The head of Brazil’s national petroleum agency, ANP, said Thursday the suspension of operations by Transocean Ltd. (RIG) in the country

HOUSTON–Transocean Ltd. (RIG, RIGN.VX) is making progress towards a settlement in the Deepwater Horizon case, Chief Executive Steve Newman said

Smit Lamnalco, a global provider of towage and associated marine services to offshore oil and gas terminals, placed an order today for a series of four 32m

RIO DE JANEIRO–U.S. oil major Chevron Corp. (CVX) and drilling company Transocean Ltd. (RIG) face another legal hurdle in Brazil, where a court late

Transocean Ltd. (RIG, RIGN.VX) swung to a second-quarter loss as contingencies for the Deepwater Horizon oil spill in the U.S. Gulf of Mexico weighed on the

Ensco plc (NYSE: ESV) took delivery of the seventh and final rig in the ENSCO 8500 Series® on 30 July at the Keppel FELS shipyard in Singapore, where all

(Bloomberg) — U.S. defense contractor Raytheon Co. won an appeals court ruling that revives claims Flir Systems Inc.’s Indigo Systems unit lured

LONDON–Royal Dutch Shell PLC (RDSB) expects to drill eight wells in the second half of its two-year Arctic exploration program, three more than it had

Siem Offshore announced today the sale and delivery of the  4500T multi-purpose ROV support vessel, Siem Swordfish, which was concluded on July 31st.  This

The North American Emission Control Area (ECA), under the International Convention for the Prevention of Pollution from Ships (MARPOL), comes into effect from

Prosafe has been awarded a contract by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British

TOKYO–Nippon Yusen KK (9101.TO) said Tuesday that it has slashed its investment to build new liquefied natural gas carriers and floating production,

Caspian Drilling Company, based in Azerbaijan, will install ABS Nautical Systems’ NS5 Enterprise software on four of its drilling rigs.  Three of these

Technip was awarded by Ithaca Energy (UK) Ltd an EPIC subsea contract for the Greater Stella Area (GSA) development, located 280 kilometers East-Southeast of

In their recent SEC filing, Vantage Drilling Company (NYSE: VTG) reports carrying over $2 billion in long term debt, nearly double last year’s figure

BRASILIA–Brazil’s state-controlled oil company Petrobras (PBR, PETR4.BR) Friday launched a program to increase efficiency at its operations in