Offshore

Today, the U.S. Deptartment of Justice announced filing of a civil lawsuit against BP and several other companies involved in the Gulf Oil Spill, seeking

The Edda Fides is a type of vessel that goes by many names. Officially designated as an Accommodation Vessel these Floating Hotels are often reffered to as

As their 3rd Quarter conference call seemed to allude to, Transocean has just signed an agreement with PPL Shipyard in Singapore to purchase a Pacific-class

Seadrill Ltd. announced today that they have awarded the Korean shipbuilder Samsung Heavy Industries a $1.08B contract to build four new dual-activity

Transocean’s CEO Steven Newman; Ricardo Rosa, Senior Vice President and Chief Financial Officer; Ihab Toma, Senior Vice President of Marketing and

Dow Jones News Wire provided this article discussing the recent “for sale” announcement by Pride International, and their shallow-water jack-up

About a week or two before the drilling moratorium was lifted in the Gulf of Mexico, the Statoil-contracted Discoverer Americas pulled anchor and motored east

Running 22-inch casing on Discoverer Clear Leader In an early afternoon call today with the media, Secretary of the Interior Ken Salazar and Bureau of Ocean

There are rumours flying around about the possible premature lifting of the drilling ban in the Gulf of Mexico. Of the 33 rigs operating in the Gulf of Mexico,

The Bureau of Ocean Energy Management (BOEM), formerly known as the MMS, released two new directives today under an “emergency rule-making