Offshore

Brazil oil regulators confirmed Monday that U.S. oil major Chevron Corp. (CVX) will have to pay some type of financial penalty for the company’s role in

BUENOS AIRES–Argentina’s federal government has declared oil and gas exploration by five companies in the waters surrounding the disputed Falkland

Norwegian shipowner, GC Rieber Shipping annouced today they have awarded a newbuild contract to ULSTEIN for the delivery of a high capacity subsea

Maersk Drilling announced today the ordering of a new ultra harsh, high specification jack-up rig at Keppel FELS in Singapore backed by a four-year-contract

Tromsø-based shipowner, Troms Offshore Supply announced the receipt of a newbuild offshore supply boat delivered by STX Søviknes shipyard in Norway

Searchers on Monday located the body of a pilot whose helicopter, which is used to transport oil and gas workers from platforms in Gulf of Mexico, crashed on

(Dow Jones) Japan infrastructure minister Takeshi Maeda and Brazil industry minister Fernando Pimentel signed a memorandum of understanding in Tokyo on Tuesday

Fred Olsen Energy ASA announced today that one of their wholly owned subsidiaries has entered into a turnkey, $700 million contract with Hyundai Heavy

RIO DE JANEIRO -(Dow Jones)- Brazilian oil startup HRT Participacoes em Petroleo SA (HRTP3.BR) said Wednesday that it had hired a semisubmersible drill rig

When former shipmate, Captain Adam Iverson from the Atwood Condor sent these images to me the other day, I felt an immediate sense of envy followed by a desire

After wrapping up her deepest work ever at ENI’s Devil’s Tower Southwest project in the Gulf of Mexico, and another subsequent pipelay project in

HOUSTON–Transocean Ltd. (RIG, RIGN.VX) said an executive misspoke Tuesday morning when he said that the company expected the U.S. to file more charges

Viking Supply Ships, one of TransAtlantic’s two business areas, announced today the receipt of a contract award for their AHTS-vessel, Magne Viking, to

It’s a huge day for a trio of offshore drillers selected by Statoil.  KCA Deutag, Odfjell Drilling and Archer have been awarded NOK 30 billon in

Saipem announced today they have been awarded $1.1 billion in new Engineering and Construction contracts offshore Russia and the North Sea. In Russia, Saipem

(Dow Jones) Tidewater Inc.’s (TDW) fiscal fourth-quarter earnings soared from a year-earlier quarter weighed down by heavy charges, while higher

The Scarabeo 9, on contract for Repsol, is currently sitting at, or very close to, “TD” or total depth on the first deepwater well ever drilled off

– By Neville Smith Like their shipbuilding and shipowning clients, classification societies are contending with tough market conditions and an uncertain

Rolls-Royce announced today they have secured a £6 million contract to provide an integrated design, power & propulsion and equipment systems package for

Press Release – Castrol Offshore is a specialist arm within the lubricants business of BP Plc., one of the world’s leading Energy Companies.