Offshore

(Bloomberg) — Mario Monti’s government is trying to attract as much as $18 billion in investment to Italy by relaxing a ban on offshore oil and

NEW DELHI–India’s state-run Oil & Natural Gas Corp. (500312.BY) will continue to explore for oil and gas offshore Vietnam in the South China

LONDON (Dow Jones) —Royal Dutch Shell PLC (RDSB.LN) could face a record $5 billion fine from authorities in Nigeria for an oil spill off the coast of

Seajacks announced today they have placed an order with UAE-based Lamprell for the construction of a new self-propelled jack-up vessel, specifically designed

Rolls-Royce announced today that they have signed a £10 million contract with Simon Møkster Shipping for a wave piercing offshore vessel with a striking

(Bloomberg) — Sales of offshore wind turbines collapsed in the first half, a sign the power industry and its financiers are struggling to meet the

HOUSTON – (BUSINESS WIRE) – McDermott International, Inc. (NYSE: MDR) announced today that one of its subsidiaries has been awarded two projects

Aker Solutions announced today that they have signed a NOK 440 million SURF contract with McDermott, the main EPCI contractor for the Australian Ichthys

LONDON–U.K.-listed oil explorer Tullow Oil PLC (TLW.LN) said Monday it has decided to abandon a high-pressure oil well it was drilling off the coast of

Over the weekend, Kleven Maritime signed a 400 million NOK (USD $65M) contract with Remøy Shipping for a new Wärtsila-designed, LNG powered platform

Murphy’s Law was proven once again this weekend as the Noble Discoverer, a Shell-contracted drill ship destined to start drilling in arctic waters,

The board members at Fairstar Heavy Transport had better start polishing up their resumes because Dockwise is about to kick them all out on to the street.

While operating north of the Shetland Islands, the crew of the Stena Carron drillship crew rescues an unexpected stowaway… With the Stena Carron less

(Dow Jones) Moody’s Investors Service lowered its outlook on Teekay Corp. (TK) to negative from stable, citing concerns about management’s plan

Noble Corporation (NYSE: NE) announced today that the Noble Bob Douglas, an ultra-deepwater drillship currently under construction at Hyundai Heavy

Following more than a year of front end engineering and development work, Sevan Marine announced today that Dana Petroleum has chosen their proprietary FPSO

(Bloomberg) — When Eike Batista pitched investors on $6 billion in stock offerings over the past six years, he was selling more than his personal empire

Greatship Global Offshore Services Pte. Ltd. (GGOS), a subsidiary of India’s Great Eastern Shipping Company Ltd, has taken delivery of a Platform/ROV

It’s been a helluva year so far for Singapore-based offshore contractor, Ezra Holdings Limited, who has reported a 244% leap in net attributable profit

Chevron failed to address concerns of unsafe drilling conditions and requests for evacuation from rig workers on board the KS Endeavor in the days leading up