Offshore

BP PLC (BP) is shelving its Liberty offshore drilling project in Alaska, after deciding that the current development plan is not up to the stricter standards

SINGAPORE–Rig builder Keppel Corp. (BN4.SG) said Wednesday that its Keppel FELS Brasil unit has secured a floating production storage and offloading

HOUSTON – Atwood Oceanics Inc. (NYSE: ATW), announced today that one of its subsidiaries has been awarded a twelve-month contract extension with an

Statoil has awarded Technip a letter of intent for construction of the hull for the world’s largest Spar platform on the Aasta Hansteen field. This will

A consortium led by Keppel Kazakhstan and partner Ersai Caspian Contractor said Tuesday that they have secured a contract from a subsidiary of

(Bloomberg) — Royal Dutch Shell Plc should be barred from drilling in the Beaufort and Chukchi seas because its oil-spill plans are inadequate,

IRVING, Texas- Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started

LONDON–Royal Dutch Shell PLC’s (RDSB.LN) controversial plan to drill for oil in waters off Alaska’s Arctic coast faces delays as the company

(Bloomberg) — Norway’s government ended a 16-day dispute between offshore oil and gas workers and their employers, averting a lockout that had

For those analysts who were predicting jack-up day rates to remain flat for the forseeable future, international offshore drilling contractor, Atwood Oceanic

LONDON–Chevron Corp. (CVX) will invest billions of dollars developing a giant offshore project in a remote and technically challenging corner of the

(Bloomberg) — Royal Dutch Shell Plc’s drilling off Alaska’s north coast will be delayed until August as the company waits for ice to clear

(Dow Jones) Maersk Oil, the oil and gas arm of Danish conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), Monday said the state-run oil and gas company

STOCKHOLM–No new meetings have been scheduled between parties in the Norwegian oil strike, and a costly shutdown of all production in Western

(Dow Jones) The Norwegian government Friday urged oil unions and companies to continue their negotiations in a bid to resolve a 13-day-old strike that is

BEIJING–China National Offshore Oil Corp., known as Cnooc, said Thursday that it has discovered natural gas at an offshore deep well after drilling more

After scathing reports by Bloomberg and The Straits Times on COSCO Corporation’s shipbuilding operations, Wu Zi Heng, Vice Chairman and President of

STOCKHOLM–Oil and gas giant Statoil ASA (STO, STL.OS) and other companies represented by Norway’s Oil Industry Association have threatened to

Hyundai Heavy Industries announced today that it will supply 18 gas emission reduction systems for three drillships ordered by Rowan in June 2011. The

International seabed-to-surface contractor, Subsea 7 S.A. (Oslo Børs: SUBC), announced today that their Chief Financial Officer (CFO), Simon Crowe, has