Offshore

COVINGTON, La.,- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that its Board of Directors has approved a new vessel construction program for

Damen Shipyards will unveil its new Platform Supply Vessel (PSV) at EUROPORT 2011 and will launch a complete PSV range in the next few months. The PSV 3300 E3

(Dow Jones) Many analysts have taken Transocean to the cleaners after it barely eked out a 3Q profit, but Citi is keeping its buy rating while lowering

HOUSTON -(Dow Jones)- The third-party vendors refitting Transocean Ltd.’s (RIG) well control systems and blow-out preventers to comply with new rules

It’s about a two and a half hour helicopter flight from Louisiana to get to this lonely patch of ocean far out in the Gulf of Mexico, but the

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday that its third-quarter net profit fell 25% from a year earlier due to weaker margins

WASHINGTON (Dow Jones)–Several U.S. companies are asking the Obama administration for permission to respond to potential oil spills in Cuban waters, a

Transocean Ltd. (RIG) swung to a third-quarter loss on acquisition-related charges as a revenue shortfall hurt the offshore-oil driller’s margins.

Reaching from Chile up to the Bering Sea, then down again to New Zealand, the fault lines circling the Pacific Ocean are named The Pacific Ring of Fire and

WASHINGTON (Dow Jones)–The chief executives of BP Plc (BP, BP.LN), Transocean Ltd. (RIG) and Halliburton Co. (HAL) declined to testify this week before a

Transocean Ltd. (RIG, RIGN,VX) filed a motion in federal court on Tuesday morning to force BP PLC (BP, BP.LN) to indemnify it against damages related to the

WASHINGTON (Dow Jones)–U.S. officials have extended oil-drilling leases for the vast majority of companies that say their work in the Gulf of

Gérard Mestrallet, Chairman and CEO of French energy company and European LNG player, GDF SUEZ, reinforced his company’s commitment to China and to

A few bits of good news this week, especially from the Gulf of Mexico region.  Matt Fuhrman, Recruitment Director from Swift Worldwide Resources commented for

The European Commission has proposed increasing safety standards in offshore oil and gas operations from the design to the final removal of an installation.

By Ryan Tracy And Angel Gonzalez, The Wall Street Journal WASHINGTON—BP PLC on Wednesday got permission to drill its first well in the Gulf of Mexico

Hurricane Rina, now churning in the Caribbean north of Honduras, is expected to become a major hurricane as soon as late Tuesday and strike the eastern shores

One of the world’s most prolific shipbuilders, Daewoo Shipbuilding and Marine Engineering (DSME), located in Okpo, Korea, hit their sales target for this

Hess Corp. (NYSE:HES) is planning to proceed with the $2.3 billion development of a deepwater oil and gas project in the U.S. Gulf of Mexico, using a

By Alexis Flynn, Wall Street Journal LONDON—BP PLC shares rose in early trading Tuesday after the U.K. energy giant reported solid earnings and announced