Offshore

A Shell-contracted deepwater drilling rig accidently spilled 319 barrels of oily mud into the sea yesterday while operating in in the Gulf of Mexico’s

Fred Olsen said today that its drilling subsidiary, Dolphin Drilling, will NOT be exercising its option with Hyundai Heavy Industries for a second newbuild

A Russian oil rig with a crew of 67 people capsized and sank early Sunday morning amid heavy seas off Russia’s east coast. The rig, a jack-up that is

Cameron International Corporation (NYSE: CAM) said today that they have reached an agreement with BP to settle all claims between the two companies relating to

Newly founded shipowner, World Wide Supply (WWS), has ordered four platform supply vessels with Damen Shipyards. The PSV 3300 CD, built according to

Maersk Supply Service has signed a contract with Chilean shipyard Asenav for two innovative new offshore vessels with an option for – up to – four

Sembcorp Marine’s subsidiary Jurong Shipyard has secured a US$291.6 million contract to build an accommodation semi-submersible rig with options for

NEW ORLEANS (Dow Jones)–The U.S. oil-and-gas industry took another step out from the shadows of the Deepwater Horizon disaster on Wednesday when federal

  HOUSTON (Dow Jones)–ConocoPhillips’s (COP) $103.2 million offer for the Keathley Canyon Block 95 was the highest bid in the first U.S. Gulf

Kongsberg Maritime simulators have been selected for the forthcoming MOSAIC 2 facility (Maersk Offshore Simulation and Innovation Centre) at Maersk Training in

WASHINGTON (Dow Jones)–Environmental groups are challenging the first auction of oil-drilling leases to be held in the Gulf of Mexico since the Deepwater

HOUSTON (Dow Jones)–Chevron Corp. (CVX) said Wednesday it expects to spend a record $32.7 billion on capital projects in 2012 as it continues to invest

Rolls-Royce said today it has received orders for two of its popular UT 755 series offshore supply vessels. The vessels were ordered by Gulf Offshore North Sea

By Tom Fowler and Angel Gonzalez BP PLC is alleging that Halliburton Co. destroyed evidence in the weeks following the Deepwater Horizon explosion in 2010 that

HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with

It’s hard to talk about “world’s largest” in maritime and offshore manufacturing without mentioning Hyundai Heavy Shipyard, and this is

RIO DE JANEIRO (Dow Jones)–Brazilian oil regulators once again penalized U.S. oil major Chevron Corp. (CVX) for safety issues at the company’s

Rolls-Royce said today it has been awarded new contracts worth potentially $650 million by Petrobras to support production activities offshore Brazil. The

By Katarina Gustafsson and Alexis Flynn BP PLC’s (BP) efforts to monitor and respond to sudden pollution releases such as oil spills in the Norwegian Sea

Transocean Ltd. (RIG, RIGN.VX) said it is offering 26 million shares of its common stock as the offshore oil drilling giant looks to raise funds to help