Offshore


Monday, June 27, 2011
Engineering News

SBM Offshore to moor world’s first FLNG

SBM Offshore has been awarded a contract from the “TSC” Consortium (made up of Technip and Samsung Heavy Industries) for the engineering,

June 27, 2011
Total Views: 8

Sunday, June 26, 2011
Billy Pugh Logo
Blog

gCaptain Interview with BILLY PUGH CEO Paul Liberato

In the world of gCaptain coverage we tend to favor cutting edge technology over quality products that mariners have relied on for decades. But why?

June 26, 2011
Total Views: 157

Thursday, June 23, 2011
Offshore

U.S. and International Energy Agency Tapping Oil Reserves

WASHINGTON -(Dow Jones)- The U.S. government on Thursday said it would release 30 million barrels of oil from its strategic petroleum reserves as part of an

June 23, 2011
Total Views: 2

Wednesday, June 22, 2011
Engineering News

Farstad announces two AHTS newbuilds

SINGAPORE (Dow Jones)–STX OSV Holdings Ltd. (MS7.SG), a Singapore-listed shipbuilder, Wednesday announced it has secured new contracts for the

June 22, 2011
Total Views: 8

Offshore

Transocean Probe Blames BP Decisions for Gulf of Mexico Spill

By Angel Gonzalez An internal investigation by Transocean Ltd. determined that a series of risky decisions made mostly by BP PLC led to the Deepwater Horizon

June 22, 2011
Total Views: 5

Incidents

Transocean releases internal investigation report into DWH disaster

The following is a press release issued by Transocean regarding an internal investigation into the causes of the Deepwater Horizon disaster.  The full report

June 22, 2011
Total Views: 70

alstom ocean beluga 9
News

Alstom leaps into the ocean energy market

Alstom has taken a 40% equity share in Scottish renewable energy company AWS Ocean Energy, representing Alstom’s entry to the wave energy market. Alstom

June 22, 2011
Total Views: 24

Saturday, June 18, 2011
maersk logo
News

Maersk Oil announces $1B North Sea Field Development Investment

Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the

June 18, 2011
Total Views: 202

dryships logo
Finance

Don’t Dock DryShips

DryShips (DRYS: Nasdaq) By Sterne, Agee & Leach ($3.83, June 17, 2011) We are upgrading DryShips from Neutral to Buy ahead of an ocean rig listing in the

June 18, 2011
Total Views: 1

Transocean logo
News

Transocean’s Deepwater Horizon Insurers Seek Court Opinion On Paying BP

HOUSTON (Dow Jones)–Transocean Ltd. (RIG) said Friday that insurers of its sunken Deepwater Horizon drilling rig have asked a federal judge to decide if

June 18, 2011
Total Views: 40

Friday, June 17, 2011
Offshore

Fresh Start For Tony Hayward

“Most hated man in America”, Tony Hayward, gets a fresh start with successfull initial public offering of new investment vehicle, Vallares PLC

June 17, 2011
Total Views: 7

Incidents

Greenpeace Again Scales Oil Rig

LONDON—The head of Greenpeace has scaled an oil rig offshore of Greenland operated by Cairn Energy PLC, defying a court order aimed at stopping activists

June 17, 2011
Total Views: 1

Thursday, June 16, 2011
Blog

Going deeper: Canyon Offshore’s ROV pilots explain there’s more than meets the eye

By Trent Jacobs, Helix ESG Working thousands of feet below the ocean waves, in bone chilling temperatures and crushing pressures, remotely operated vehicles

June 16, 2011
Total Views: 149

Singapore Technologies, ST Engineering
News

Singapore Technologies Engineering: Marine Arm Wins S$171M Contract From Swire Pacific

SINGAPORE (Dow Jones)–Singapore Technologies Engineering Ltd. (S63.SG) Wednesday said that its marine arm won a shipbuilding contract worth about S$171

June 16, 2011
Total Views: 75

Wednesday, June 15, 2011
Offshore

Douglas-Westwood CEO: Emerging Markets Have Drillers in Deep Water

Speaking at the IADC World Drilling Conference in Copenhagen, Douglas-Westwood’s CEO, Andrew Reid, outlined the impact emerging markets will have on

June 15, 2011
Total Views: 2

Engineering News

Rolls-Royce wins offshore supply vessel order in Brazil

The UT 700 series platform supply vessel courtesy Rolls-Royce On the heels of yesterdays annoucement from Incat Crowther that it has won a contract to design a

June 15, 2011
Total Views: 40

Tuesday, June 14, 2011
Offshore

MWCC capping stack approved to 10,000 feet

The Marine Well Containment Company (MWCC) announced today that its capping stack has met the requirements for containment operations in water depths up to

June 14, 2011
Total Views: 19

Offshore

Another Diamond Rig Leaving Gulf

HOUSTON (Dow Jones)–Diamond Offshore Drilling Inc. (DO) said Tuesday that it will move one of its deep-water rigs from the U.S. Gulf of Mexico later this

June 14, 2011
Total Views: 139

Offshore

Global Drilling Boom: Oil and Gas Spending To Reach Record Level In 2011

HOUSTON (Dow Jones)–Oil and natural-gas companies are spending more than half a trillion dollars in the oil patch during 2011–a record level that

June 14, 2011
Total Views: 6

Monday, June 13, 2011
Offshore

Saipem secures E&C Offshore contracts worth in excess of $1 billion

Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of $1 billion. In Egypt, Burullus Gas Company

June 13, 2011
Total Views: 5