Offshore

DryShips Inc. (DRYS) unveiled a bigger-sized sale of its stake in Ocean Rig UDW Inc. (ORIG) as the dry bulk shipper pares its stake in the offshore drilling

A pair of Teekay spinoffs, Teekay Offshore (NYSE:TOO) and Teekay LNG (NYSE:TGP) both declared increased cash distributions today of $0.5125 per unit  and

Royal Dutch Shell said Tuesday afternoon that the “light sheen” spotted Monday in the Gulf of Mexico is not likely coming from their nearby

SINGAPORE (Dow Jones)–Keppel Corp. (BN4.SG) has signed a letter of intent with Sete Brasil Participacoes SA to design and build five additional

Helix ESG’s reeled pipelay vessel, the Express, recently undertook its deepest work ever during a project in the Gulf of Mexico. Working in the Lloyd

SINGAPORE – EMAS AMC has successfully completed the first of several riser replacements for Statoil on the Norwegian Continental Shelf. The scope of the

I was invited down to Brownsville, Texas this week to meet with senior executives from Helix Energy Solutions Group (ESG) for an overview of their

WASHINGTON (Dow Jones)–Royal Dutch Shell (RDSA, RDSA.LN) is reporting a “light sheen” in the central portion of the Gulf of Mexico but says

HOUSTON–A dispute over the authority of U.S. accident investigators heads to federal court here Wednesday, in a case pitting the U.S. Chemical Safety

By John Lyons, Wall Street Journal SAO PAULO, Brazil (Dow Jones)–U.S. President Barack Obama is set to meet with Brazil’s President Dilma Rousseff

At first it looked like just another drillship order. Samsung Heavy wins a $645 million order to build a DP3 drillship for ENSCO, however buried in the middle

SINGAPORE -(Dow Jones)- Sembcorp Marine Ltd. (S51.SG) Thursday said it secured a US$218.5 million contract to construct a jack-up rig for Gulf Drilling

PARIS–Total SA (TOT, FP.FR) said Thursday a specialized crew on a reconnaissance mission to the Elgin platform in the North Sea returned safely, armed

Need to cut a 30 foot deep trench in the bottom of the ocean floor to run flowlines out to a new production rig? No problem.  Helix Energy Solutions’

Valiant Petroleum announced today that it had entered into a contract to secure a firm rig slot on the Stena Carron drillship to drill the Handcross prospect

The Shipping Corporation of India Ltd. (SCI) accepted delivery of an Anchor Handling, Towing & Supply (AHTS) vessel MV SCI Kundan on 3 April 2012.  

EDT Offshore, a Cyprus-based operations and management company for offshore support and dredging services, has taken delivery of a Damen Fast Crew Supplier

Keppel Shipyard Ltd (Keppel Shipyard) has secured Floating Production Storage and Offloading (FPSO) upgrading projects from its long-term partners SBM Offshore

Total’s interview with William Andrew Cardno, the Offshore Installation Manager (OIM) of the Elgin Platform.  He describes the evacuation of the

HOUSTON (Dow Jones)–About 630 gallons of oil were discharged Monday from a production facility near Head of Passes in the Gulf of Mexico due the failure