Offshore

Oil-drilling activity in the U.S. has accelerated to a pace not seen in a generation as energy companies, oilfield contractors and landowners rush to exploit

Innovative KFELS Super A Class design gains traction in high-specification rig market Keppel FELS Limited (Keppel FELS) has secured a contract to build two

HOUSTON-(Dow Jones)- London drilling company Ensco PLC (ESV) is buying rival Pride International Inc. (PDE) rather than ordering its own new drilling rigs in

Shares of offshore drillers Atwood Oceanics Inc. (ATW) and Rowan Cos Inc. (RDC), among others, jumped as Ensco PLC’s (ESV) $7.3 billion deal for Pride

LONDON & HOUSTON–(BUSINESS WIRE)– Ensco plc (NYSE: ESV) and Pride International, Inc. (NYSE: PDE) jointly announced today that they have

ABB has awarded Aker Solutions’ wholly-owned subsidiary Aker Marine Contractors the contract to install its subsea power cable for the Goliat field in

HOUSTON, Feb. 2, 2011 – Marathon Oil Corporation (NYSE: MRO) announced today a $5.267 billion capital, investment and exploration budget for 2011,

Incat Crowther has announce that they are designing a second 28m Wave Piercing Catamaran Crew Boat to support offshore oil and gas operations. Incat Crowther

HOUSTON – BP announced today that it has joined Chevron, ConocoPhillips ExxonMobil and Shell as a member of the Marine Well Containment Company LLC

The latest word from gCaptain sources is that all the expats from Statoil and Transocean’s offices in Egypt have left, or are in the process of leaving

Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich today announced

HOUSTON, TX, Jan 25, 2011 (MARKETWIRE via COMTEX) — Pride International, Inc. (NYSE: PDE) today announced that the company has dedicated and accepted

Rolls-Royce, the global power systems company, today announced an order from Singapore-based offshore company, PaxOcean, to provide the ship design, propulsion

WASHINGTON, DC–(Marketwire) – ExxonMobil, with a market capitalization of $368.7 billion, regained the top position it has held almost every year

HOUSTON (BUSINESS WIRE) — McDermott International, Inc. (NYSE:MDR), this week announced that its subsea construction vessel “Agile” has been

Signs Service Agreement With Radio Holland to Provide Shipboard Service in More Than 50 Ports Worldwide MCLEAN, Va., Jan. 24, 2011 (GLOBE NEWSWIRE) —

Keppel FELS Limited (Keppel FELS) has secured new orders from Clearwater Capital Partners, LLC (Clearwater) to build a pair of premium KFELS B Class jackup

Written By: Cameron Wallace Helix Energy Solutions Group, Inc. has executed agreements for its Helix Fast Response System (“HFRS”) to be named as

Luxembourg – January 19, 2011 – Subsea 7 S.A. (NASDAQ-GS: SUBC; Oslo Børs: SUBC) announces the launch of its offshore renewables division,

WASHINGTON, D.C. – Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R.