Offshore

Though US regulators have decided to allow a second deepwater Gulf of Mexico drilling project, don’t bet on a rush of permits to follow, FBR Capital

The Sanko Steamship Co Ltd and Hellespont Group have entered into a joint venture for manning and/or shipmanagement services to Sanko’s and

In an unusual sign of discord between two top executives of major western oil producers, Exxon Mobil Corp. (XOM) Chief Executive Rex Tillerson strongly

WASHINGTON (Dow Jones)–The Obama administration will appeal a ruling from a federal judge who has ordered it to act on pending permits for oil drilling

HOUSTON -(Dow Jones)- Oil giant BP PLC (BP.LN, BP) continues to use an oil-price range between $60 and $90 a barrel in its long-term planning despite rising

HOUSTON (Dow Jones)–William Reilly, co-chair of the presidential panel tasked with investigating causes of the BP PLC (BP, BP.LN) oil spill, on Tuesday

Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has won a contract from Mexico’s Perforadora

LONDON (Dow Jones)–DONG Energy, E.ON AG (EOAN.XE) and Masdar said Tuesday that the first of 177 foundations has been installed at the U.K.’s

HOUSTON (Dow Jones)–Mexico’s state-owned oil company Petroleos Mexicanos, or Pemex, expects to have a first round of tenders on some areas of the

HOUSTON (Dow Jones)–The U.S. Coast Guard rescued two men from a burning Gulf of Mexico oil platform on Sunday. The platform, owned by Houston-based Arena

WASHINGTON (Dow Jones)–U.S. investigators said Friday that problems with engineering documents on a BP PLC (BP, BP.LN) production platform in the Gulf of

AMSTERDAM (Dow Jones)–Major oil companies are increasingly trying to push liabilities of offshore oil projects onto sub-contractors as risk awareness has

Hamilton, Bermuda – Teekay Corporation (Teekay) announced today that it has agreed to sell its remaining 49 percent interest in Teekay Offshore Operating

Noble Corporation (NYSE: NE) today announced that a subsidiary has exercised its first option with Hyundai Heavy Industries Co. Ltd. (“HHI”) for

SANTA BARBARA, Calif. — The co-chairman of the presidential panel that investigated last year’s Gulf of Mexico oil spill said Thursday the

HOUSTON — Transocean Ltd. (RIG) Chief Executive Steve Newman received compensation valued at $6.3 million in his first year at the helm of the

While Noble Energy (NBL) made headlines as the first operator to receive a deep-water drilling permit in the US Gulf since the Deepwater Horizon disaster, the

Ulstein Verft today delivered the new PSV ‘Rem Hrist’ to Remøy Shipping.  ‘Rem Hrist’ is Remøy Shipping´s first vessel from

HOUSTON — McDermott International, Inc., announced today that certain of its subsidiaries in the Middle East and Caspian region were recently awarded a

WASHINGTON (Dow Jones)–A U.S. official said Wednesday the Interior Department will meet a court-imposed deadline to act on five deepwater drilling permit