Offshore

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

WASHINGTON (Dow Jones)–Environmental groups have filed a formal challenge to air-quality permits that Royal Dutch Shell needs to drill for oil in the

Here is the list of jobs currently posted on the gCaptain job board.  If you are an employer and would like your open positions listed on this weekly post

Eight divers were decompressing aboard the Iranian flagged dive support vessel Koosha-1 when it sank three days ago in the Persian Gulf. The official in charge

By Tennille Tracy, Wall Street Journal BP PLC won approval from U.S. officials Friday to look for oil at new sites in the Gulf of Mexico, the firms’s

HOUSTON -(Dow Jones)- The rate at which new deep-water permits are being approved under new rules in the U.S. Gulf of Mexico is improving, said Diamond

Diamond Offshore Drilling Inc. (DO) third-quarter earnings rose 29% as the oil driller booked stronger revenue and higher average day and utilization rates for

PARIS (Dow Jones)–Royal Dutch Shell PLC’s (RDSA, RDSB, RDSA.LN, RDSB.LN) new technology to produce liquefied natural gas aboard floating vessels

Houston-based drilling contractor Atwood Oceanics revealed Tuesday that one of its subsidiaries is the mystery buyer in an ultra-deepwater drillship

UK offshore contractor Ensco says it has teamed up with drilling giants Anadarko, Apache and Noble Energy in a deal to send its newbuild ultra-deepwater

Fred Olsen today said it has reached an agreement with Hyundai Heavy Industries to extend its option for a second newbuild drillship originally set to expire

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) has exceeded its annual order target of $11 billion by 9%,

LONDON—BP PLC on Monday said it had reached a $4 billion out-of-court settlement with Anadarko Petroleum Corp. to settle claims related to the deadly

U.S. officials are trying to make sure the American coastline will be protected as Cuba begins drilling a deep water oil well later this year about 60 miles

HOUSTON —The U.S. government broke precedent by issuing citations to contractors Halliburton Co. and Transocean Ltd. in the Deepwater Horizon oil spill,

By Tennille Tracy, The Wall Street Journal WASHINGTON—The U.S. has decided to allow BP PLC to bid on new oil-drilling leases that go up for sale in the

LONDON—BP PLC Thursday announced it would make its highest-ever annual investment in the U.K., despite a steep tax increase on crude production enacted

By Tennille Tracy, The Wall Street Journal WASHINGTON—The prospect that contractors for BP PLC could be fined by the government over the Deepwater