Offshore

RIO DE JANEIRO–Brazilian shipbuilder and oil-field-services company OSX Brasil SA (OSXB3.BR), part of billionaire businessman Eike Batista’s

Singapore-based shipping company, Swire Pacific Offshore, has accepted delivery of the Pacific Orca, which at 161 meters in length, is the world’s

(Bloomberg) — The Republican-led U.S. House of Representatives passed legislation opening the California and Virginia coasts

Gulfmark Offshore released their Q2 operating results on Monday and at the same time, announced their intention to build two additional Jones Act platform

WASHINGTON–Royal Dutch Shell PLC (RDSA, RDSA.LN) is scrambling to take advantage of a shrinking opportunity to drill for oil in the Arctic Ocean this

Because they just won $4 Billion in contracts for three of their rigs, two of which haven’t even been built yet… The combined 3 rig package

Seadrill has again specified Rolls-Royce thrusters for three drillships to be built by Samsung in Korea. Each vessel will be equipped with six azimuth

While Cnooc Ltd.’s (CEO, 0883.HK) $15.1-billion takeover offer for Nexen Inc. (NXY.T, NXY) would give the Chinese energy producer operational control of

HOUSTON–U.S. regulators are testing how a spill-fighting consortium of international oil companies would respond to the worst-case scenario: a well

LONDON-(Dow Jones)- The Nigerian National Assembly will make a decision on whether to impose a $5 billion fine on Royal Dutch Shell SA’s Nigerian

SINGAPORE–Keppel Corp. Ltd. (BN4.SG) said Monday that its shipyard unit has secured three conversion contracts totaling S$103 million. The contracts are

(Bloomberg) — Nigeria, Africa’s largest oil producer, plans to increase exports of Akpo crude to six cargoes of 1 million barrels each in

HOUSTON–A federal safety agency has determined that the offshore-drilling industry is relying on the wrong data in its quest to prevent major accidents

The SINOPACIFIC Shipbuilding Group announced last Friday the signing of a newbuilding contract for (4) SPP35 platform supply vessels (PSV) and a Letter of

Aker Solutions has signed a contract with Hyundai Heavy Industries to supply a complete drilling equipment topside package to a new semi-submersible drilling

BEIJING- (Dow Jones)-China’s CNOOC Ltd. (0883.HK) said Monday it has reached an agreement to acquire Canadian oil and gas producer Nexen Inc. (NXY) for

LONDON (Dow Jones) U.K.-listed BG Group PLC (BG.LN) said Friday that it and its partners have approved the signature of contracts worth $4.5 billion for the

(Dow Jones) Diamond Offshore Drilling Inc.’s (DO) second-quarter profit fell 24% as the contract driller reported lower utilization rates in all of its

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced that it was awarded a Letter of

(Bloomberg) — Wärtsilä Oyj, the world’s biggest maker of ship motors and power plants, fell the most in a year as customers postponed