Offshore

Statoil has acquired a 30.625% working interest in the Pitu licence in Baffin Bay. The license was awarded to Cairn Energy during the first Baffin Bay

Royal Dutch Shell has won a $970 million bid (NS 11-1) for exploration rights offshore Nova Scota, says the Canada – Nova Scotia Offshore Petroleum

HOUSTON -(Dow Jones)- An Italian drilling rig scheduled to drill a deep-water well offshore Cuba has arrived to the shores of Havana, Cuban media said

Chevron Nigeria reports they have suspended their search for the 2 missing rig workers from the jack up rig that blew out and caught fire on 16 January.  It

SINGAPORE (Dow Jones)–Singapore-listed rig builders Keppel Corp. Ltd. (BN4.SG) and Sembcorp Marine Ltd. (S51.SG) both said Wednesday they aren’t

BEIJING -(Dow Jones)- A deepwater oil exploration vessel belonging to China Oilfield Services Ltd. (2883.HK) sank Saturday during construction at a dock in

On 16 January 2011, a jack-up drilling rig offshore Nigeria caught fire, forcing a complete evacuation.  2 rig workers are still reported missing, and

Hercules Offshore has just reported that one of their liftboats was caught in the fire that originated from Chevron’s KS Endeavor jack-up yesterday

A fire has broke out on a Chevron-owned jack-up rig operating offshore Nigeria.  The fire was reported on the K.S. Endeavor in the Nigeria Delta region on

Total and its joint venture partner INPEX Corporation today announced that they have taken the final investment decision for the Ichthys liquefied natural gas

Technip was awarded two contracts by the international energy company Statoil, worth a total of around €55 million, for the Vilje South field and Visund

12 January 2012 – Aker Solutions has been awarded a frame agreement for engineering, procurement, installation and commissioning (EPCI) for Talisman

OSX Brasil said today that it has secured $227.9 million in financing for the construction of a shipyard and industrial complex in Brazil.  Construction of

Will the United States be prepared if Cuba’s new offshore rigs spill oil into US waters? To address this question, personnel from the U.S. Coast Guard

Diamond Offshore said today that one of its subsidiaries has entered into a $300 million contract with Keppel Offshore and Marine for the construction of a

OSLO — While recent Norwegian oil discoveries by Statoil ASA (STO) are exciting, the Norwegian oil sector needs access to new acreage to avoid a

9 January 2012 – Aker Solutions has been awarded a contract by Daewoo Shipbuilding & Marine Engineering (DSME) for the delivery of a deepwater

Federal officials have settled a dispute with Exxon Mobil Corp. (XOM) and Statoil ASA (STO, STL.OS) over one of the largest offshore oil discoveries ever

Transocean Ltd. (NYSE: RIG), the world’s largest offshore drilling contractor, said today that its Executive Vice President and Chief Financial

Hyundai Heavy Industries, the world’s largest shipbuilder, has just announced completion their Floating Liquefied Natural Gas Plant (FLNG) concept model.