Offshore

HOUSTON (Dow Jones)–The U.S. Coast Guard said Friday the wreckage of Transocean Ltd.’s (RIG) Deepwater Horizon rig, which sank last year,

Harvey Gulf International has awarded a contract to Wärtsilä to supply liquified natural gas propulsion equipment for two of Harvey Gulf’s newbuild

Seadrill announced today that it has secured contracts for two of the companies newbuild ultra-deepwater semi-submersibles currently under construction in

HOUSTON (Dow Jones)–Marathon Oil Corp. (MRO) said Thursday it is considering selling minority stakes in its U.S. Gulf of Mexico assets in order to

Yesterday, just months after arriving on location, the newly built Ocean Rig Drillship Poseidon, was attacked by pirates while drilling off the coast of

A Hercules Offshore (NASDAQ:HERO) liftboat capsized last week after it was struck by multiple waterspouts off the coast of Louisiana.  Hercules Offshore says

Caterpillar (NYSE:CAT) said today that it has secured a contract to power 16 offshore supply vessels for use in the Brazilian offshore market. Caterpillar

By Tennille Tracy, The Wall Street Journal The Obama administration said Monday it was moving forward with oil-drilling leases off the coast of Alaska issued

WASHINGTON (Dow Jones)–The Interior Department is struggling to recruit a top official for its offshore oil-drilling agency, in large part because

WASHINGTON (Dow Jones)–More than 30 House lawmakers are urging Spanish energy company Repsol YPF S.A. (REP.MC) to abandon its plan to drill for oil in

The U.S. Coast Guard said Tuesday it is working with Transocean Ltd. to find out whether last year’s wreckage of the Deepwater Horizon rig is the source

A Turkish oil and gas research ship is exploring off southern Cyprus in an area near the exploration rig operated by U.S. independent Noble Energy Inc., a

Fincantieri Marine Group says its Bay Shipbuilding division has started construction on two Polar Class PSV’s for Tidewater Marine.  The PSV’s are

ModuSpec BV and Scandpower AS, members of the Lloyd’s Register Group, are developing a new tool with origins from the nuclear power industry that may

Built in 1983, the 261 meter-long & 127575 DWT oil tanker Lentera Bangsa caught fire 100 miles from the coast of Jakarta Bay Friday morning. The vessel

Just when we thought the Deepwater Horizon disaster had almost been sorted out… it’s apparent we have a long way to go. Today’s scheduled

Hyundai Heavy Industries said today that its Korean shipyard has clinched a $530 million order from Noble Corporation for the construction of a new deepwater

RIO DE JANEIRO (Dow Jones)–Brazil’s emergence as a hot frontier for oil and natural gas was boosted Wednesday by two fresh discoveries, with

By Isabel Ordonez And Alexis Flynn, Wall Street Journal Apache Corp. is substantially expanding its U.K. presence by buying a number of ExxonMobil’s

The Marine Well Containment Company (MWCC) says it has taken delivery of an integral part of its expanded containment system, a new Aframax tanker. The 107,500