Offshore

HOUSTON (Dow Jones)–Chevron Corp. (CVX) said Wednesday it expects to spend a record $32.7 billion on capital projects in 2012 as it continues to invest

Rolls-Royce said today it has received orders for two of its popular UT 755 series offshore supply vessels. The vessels were ordered by Gulf Offshore North Sea

By Tom Fowler and Angel Gonzalez BP PLC is alleging that Halliburton Co. destroyed evidence in the weeks following the Deepwater Horizon explosion in 2010 that

HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with

It’s hard to talk about “world’s largest” in maritime and offshore manufacturing without mentioning Hyundai Heavy Shipyard, and this is

RIO DE JANEIRO (Dow Jones)–Brazilian oil regulators once again penalized U.S. oil major Chevron Corp. (CVX) for safety issues at the company’s

Rolls-Royce said today it has been awarded new contracts worth potentially $650 million by Petrobras to support production activities offshore Brazil. The

By Katarina Gustafsson and Alexis Flynn BP PLC’s (BP) efforts to monitor and respond to sudden pollution releases such as oil spills in the Norwegian Sea

Transocean Ltd. (RIG, RIGN.VX) said it is offering 26 million shares of its common stock as the offshore oil drilling giant looks to raise funds to help

“At a point in time when there is turbulence in the financial markets we are very pleased to deliver one of our best quarterly operating profit ever

Deep Sea Metro has taken delivery of the newbuild drillship Deepsea Metro II from Hyundai Heaby Industries, according to a statment released by the company. 

STOCKHOLM — Swedish utility Vattenfall AB Friday announced plans to build an offshore wind farm in the North Sea after it recently bought the license

Launched by Total in December 2007, Pazflor is one of the largest offshore oil production projects in the world, and a major development for Angola.  This

SAN RAMON, Calif., November 23, 2011 – Chevron Corporation (NYSE: CVX) today reports that while its subsidiary, Chevron Brasil Upstream Frade Ltda., has

By Alexander Wardwell, Det Norske Veritas Scheduled for delivery in March 2012, the most recent addition to Stena Drilling’s fleet will be the

SEOUL -(Dow Jones)- Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) said Tuesday that it has signed an initial pact with companies that own the

RIO DE JANEIRO (Dow Jones)–Brazilian regulators have not advised U.S. oil major Chevron Corp. (CVX) that its license to drill in ultra-deep waters is

Despite Chevron taking full responsibility (and up until now the majority of heat from Brazil’s oil regulating agency, ANP) for the estimated 5,000 to

Fred Olsen Energy’s drilling unit, Dolphin Drilling, says it has entered into contracts with Anadarko Petroleum Corporation (APC) for the provision of

RIO DE JANEIRO (Dow Jones)–The Brazilian unit of major U.S. oil company Chevron Corp. (CVX) takes “full responsibility” for a leaking well