Offshore

“At a point in time when there is turbulence in the financial markets we are very pleased to deliver one of our best quarterly operating profit ever

Deep Sea Metro has taken delivery of the newbuild drillship Deepsea Metro II from Hyundai Heaby Industries, according to a statment released by the company. 

STOCKHOLM — Swedish utility Vattenfall AB Friday announced plans to build an offshore wind farm in the North Sea after it recently bought the license

Launched by Total in December 2007, Pazflor is one of the largest offshore oil production projects in the world, and a major development for Angola.  This

SAN RAMON, Calif., November 23, 2011 – Chevron Corporation (NYSE: CVX) today reports that while its subsidiary, Chevron Brasil Upstream Frade Ltda., has

By Alexander Wardwell, Det Norske Veritas Scheduled for delivery in March 2012, the most recent addition to Stena Drilling’s fleet will be the

SEOUL -(Dow Jones)- Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) said Tuesday that it has signed an initial pact with companies that own the

RIO DE JANEIRO (Dow Jones)–Brazilian regulators have not advised U.S. oil major Chevron Corp. (CVX) that its license to drill in ultra-deep waters is

Despite Chevron taking full responsibility (and up until now the majority of heat from Brazil’s oil regulating agency, ANP) for the estimated 5,000 to

Fred Olsen Energy’s drilling unit, Dolphin Drilling, says it has entered into contracts with Anadarko Petroleum Corporation (APC) for the provision of

RIO DE JANEIRO (Dow Jones)–The Brazilian unit of major U.S. oil company Chevron Corp. (CVX) takes “full responsibility” for a leaking well

PARIS (Dow Jones)–French oil service company Technip SA (TEC.FR) and a unit of Brazil’s conglomerate Norberto Odebrecht won a contract to supply

HOUSTON (Dow Jones)–A U.S. judge said Tuesday that BP PLC (BP) isn’t entitled to receive money from Transocean Ltd.’s (RIG) insurers for

HOUSTON (Dow Jones)–Chevron Corp. (CVX) said Tuesday that it successfully contained the flow from a deep-water appraisal well offshore Brazil suspected

WASHINGTON (Dow Jones)–The Obama administration has found a replacement for offshore drilling safety chief Michael Bromwich, a highly polarizing figure

RIO DE JANEIRO -(Dow Jones)- The Brazilian unit of U.S. oil company Chevron Corp. (CVX) is rushing equipment to find the cause of an oil leak at the offshore

Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that it has increased the number of shares in its public offering of common stock by 250,000 to a

Niko Resources (TSX: NKO), a Calgary-based independent oil and gas operator, announced yesterday that it had signed a contract worth in excess of $700 million

(Dow Jones) The Obama administration proposed a moderate expansion of offshore drilling Tuesday, revealing a five-year plan that represents the first blueprint

Kinder Morgan Energy Partners LP (KMP) said it will invest in Battleground Oil Specialty Terminal Co., a venture with TransMontaigne Partners LP (TLP) that