Offshore

NOTE: Last week the Woods Hole Oceanographic Institute taught us about the chemical makeup of the oil plume created after the Deepwater Horizon disaster. 

Norwegian seabed-to-surface engineering and construction contractor Subsea 7 SA (SUBC.OS) Friday said it has won a $440 million contract from Chevron Australia

HOUSTON (Dow Jones)–BP PLC (BP, BP.LN) said Thursday it is pulling all personnel from offshore oil platforms located in the southern Green Canyon area

AMSTERDAM (Dow Jones)–SBM Offshore NV’s (SBMO.AE) shares slumped Thursday after the Dutch oil services company booked a $450 million charge

LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSA.LN) Chief Executive Peter Voser said Thursday the Anglo-Dutch energy giant is in early stage talks with

Image by Alastair Grant/AP LONDON — BP PLC shares fell Tuesday amid investor frustration at the company’s growth strategy in the wake of the Gulf

In the tale of two U.K. energy companies Tuesday, there was only one winner. Natural-gas-focused BG Group and oil company BP both reported higher first-half

LONDON (Dow Jones)–The number of ships storing crude off the U.S. Gulf Coast has risen to six, shipbroker ICAP said Friday in a note. Three very large

NEW DELHI—India on Friday approved Reliance Industries Ltd.’s proposed $7.2 billion asset sale to BP PLC, paving the way for the U.K. oil

WASHINGTON (Dow Jones)–U.S. investigators are delaying the release of a much-anticipated report on the Deepwater Horizon oil spill, citing the need for

COVINGTON, LA  Hornbeck Offshore Services, Inc. (NYSE: HOS) and Marine Spill Response Corporation (MSRC) announced today that they have entered into a

WASHINGTON (Dow Jones)–A group of mostly Republican lawmakers blocked a key vote on legislation to strengthen oil-drilling safety Thursday after efforts

HOUSTON -(Dow Jones)- Rowan Cos. Inc. (RDC) on Wednesday said it will sell its fleet of land rigs to Ensign Energy Services Inc. (ESI.T, ESVIF) for $510

(Dow Jones) Diamond Offshore Drilling Inc.’s (DO) second-quarter earnings jumped 19% as the company posted stronger revenue, though day rates fell and

TAKING THE PULSE: Singapore rig builders are likely to report higher second-quarter net profits amid a steady rise in orders as drillers replace old fleets and

WASHINGTON (Dow Jones)–U.S. officials are pursuing a relatively narrow approach to regulating offshore drilling contractors and service providers, such

COPENHAGEN (Dow Jones)–Danish oil and gas company Maersk Oil stands to lose production of up to 5.3 million barrels of oil equivalent due to extensive

Norwegian seabed-to-surface engineering and construction contractor Subsea 7 S.A. (SUBC.OS) announced Monday the award of a $80 million contract from Chevron

RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Friday that total crude oil and

LONDON—BP PLC vowed to hold itself to a higher set of deepwater-drilling standards than those already prescribed by U.S. authorities, as the U.K. energy