Offshore

  By Shelby Sebens PORTLAND, Ore. (Reuters) – Five Greenpeace protesters who dangled from a Portland, Oregon, bridge for two days in a bid to block

  By Caroline Stauffer Aug 14 (Reuters) – Prosecutors and federal police in Brazil have unearthed the country’s largest-ever corruption

  Maersk Drilling says it has been awarded a new $16 million contract for the jack-up rig Maersk Giant with Danish energy utility DONG Energy, saving the

The DolWin beta high voltage AC/DC power converter platform seen sailing out from Haugesund, Norway on August 1, 2015 on its way to the German sector of the

  By Juan Pablo Spinetto (Bloomberg) — Out in the Atlantic Ocean, 130 miles off the coast of Brazil, an oil ship the length of New York City’s

  By Joe Carroll and Dan Murtaugh (Bloomberg) — Exxon Mobil Corp. and Chevron Corp., the biggest U.S. energy producers, hunkered down for a

By Rakteem Katakey (Bloomberg) — Royal Dutch Shell Plc said it’s preparing for a “prolonged downturn” by cutting thousands of jobs and slashing

By Marco Bertacche and Dan Liefgreen (Bloomberg) — Saipem SpA, Italy’s biggest oil and gas contractor, will cut jobs and exit businesses as writedowns

SINGAPORE, July 29 (Reuters) – Singapore’s Sembcorp Marine has not received payment from Sete Brasil on drillship projects this year and may slow

  By Rose Kim and Jungah Lee (Bloomberg) — The world’s three biggest shipbuilders posted a combined 4.8 trillion won ($4.1 billion) in operating

  By Rose Kim, Jungah Lee and Michael S. Arnold (Bloomberg) — The deep-ocean strategy is coming back to bite South Korean shipyards. Hyundai Heavy

By David Wethe (Bloomberg) — Imagine parking your $300 million boat for months out in the open sea, with well-paid mechanics hovering around it and the

  SINGAPORE, July 23 (Reuters) – Singapore-based conglomerate Keppel Corp Ltd’s second-quarter net profit fell 2 percent to S$396.7 million

  MANILA, July 20 (Reuters) – An Australian-Filipino consortium led by Otto Energy Ltd is set to drill a deep-water exploratory well in the South

  Adam Williams, Andrea Navarro and Eric Martin (Bloomberg) — Mexico’s first auction of offshore oil leases fell short of the country’s

  Sembcorp Marine (SCM) says it has entered into a $1 billion contract with Heerema Offshore Services for the engineering and construction of the

  Maersk Drilling has decided to decommission its jack-up rig Maersk Endurer amid the current over-supply of drilling rigs in the offshore market. Maersk

  An icebreaker that was scheduled to head to the Chukchi Sea in support of Shell’s arctic drilling campaign will instead head back to U.S. West

CARACAS, July 8 (Reuters) – Venezuela’s request to review a $46 million compensation claim it has been ordered to pay to oil service company

  One of two icebreakers that will support Shell’s arctic drilling in the Chukchi Sea this summer is now stuck in Dutch Harbor after an underwater