Offshore

BP PLC’s effort to save money while drilling the Deepwater Horizon oil well led it to withhold critical information from contractor Halliburton Co. in

Halliburton Co. (HAL) yesterday filed a lawsuit against BP PLC in Texas state court claiming negligent misrepresentation, business disparagement and defamation

Image by Ghene Snowdon TOKYO (Dow Jones)–Looking to expand its presence in the renewable energy field, Marubeni Corp. (8002.TO) said Friday it has

Noble Corporation said today that it has exercised its option with Hyundai Heavy Industries for the construction of an additional ultra-deepwater drillship,

By Russell Gold, Wall Street Journal, above image courtesy GAZPROM ExxonMobil Corp.’s blockbuster $2.2 billion deal to drill for oil in the frigid

Houston based GulfMark Offshore says it will be building at least three new PSV’s as part of a vessel construction program initiated today.  The program

Image courtesy Samsung Heavy Industries (Dow Jones) DryShips Inc.’s (DRYS) swung to a sharp loss in its fiscal second-quarter as write-downs from the

ExxonMobil Corp. and OAO Rosneft, the state-controlled Russian oil giant, reached a sweeping strategic alliance Tuesday that will give the U.S. titan access to

Photo courtesy OneEighteen via Flickr HOUSTON (Dow Jones)–The U.S. Coast Guard and the Federal Bureau of Investigation must develop a joint national plan

Heerema Marine Contractors (HMC) has a reputation for going big, and today, the company is living up to that hype, announcing an order for the world’s

NOAA, Shell , ConocoPhillips, and Statoil today signed an agreement to collaborate on scientific ocean, coastal and climate data for the Arctic. The agreement

Click on the image for the Hi-Resolution version 12,481 employees, 64 wheel powered hydraulic jack transporters, 1000 foot floating drydocks plus assorted

International oil services company Aker Solutions says it is will be creating up to 500 new jobs in the UK over the next year as the company looks to

By Flemming Emil Hansen, Dow Jones & Co, Image by Jeff Shea/NY Times COPENHAGEN—Denmark this week launched its first formal strategy for the Arctic

Photo: Agusta Westland AW139 helicopter RIO DE JANEIRO (Dow Jones)–Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras,

(Dow Jones) Rescue teams in Brazil on Saturday morning resumed their search for a helicopter with four people on board that made an emergency landing at sea

HOUSTON— (Dow Jones) The only thing that surprised the energy industry more than ExxonMobil Corp.’s mammoth oil find in the Gulf of Mexico is

The Republic of the Marshall Islands (RMI) released their Marine Casualty Report yesterday morning, going into great detail the circumstances leading to last

Subsea 7 S.A.’s Acergy Falcon courtesy GSP The UK’s Office of Fair Trading (OTF) has agreed not refer the merger between Subsea 7 and Acergy SA,

The Republic of the Marshall Islands (RMI) Maritime Administrator has today released the DEEPWATER HORIZON Marine Casualty Investigation Report (RMI