Offshore

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

PARIS (Dow Jones)–French oil service company Technip SA (TEC.FR) and a unit of Brazil’s conglomerate Norberto Odebrecht won a contract to supply

HOUSTON (Dow Jones)–A U.S. judge said Tuesday that BP PLC (BP) isn’t entitled to receive money from Transocean Ltd.’s (RIG) insurers for

HOUSTON (Dow Jones)–Chevron Corp. (CVX) said Tuesday that it successfully contained the flow from a deep-water appraisal well offshore Brazil suspected

WASHINGTON (Dow Jones)–The Obama administration has found a replacement for offshore drilling safety chief Michael Bromwich, a highly polarizing figure

RIO DE JANEIRO -(Dow Jones)- The Brazilian unit of U.S. oil company Chevron Corp. (CVX) is rushing equipment to find the cause of an oil leak at the offshore

Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that it has increased the number of shares in its public offering of common stock by 250,000 to a

Niko Resources (TSX: NKO), a Calgary-based independent oil and gas operator, announced yesterday that it had signed a contract worth in excess of $700 million

(Dow Jones) The Obama administration proposed a moderate expansion of offshore drilling Tuesday, revealing a five-year plan that represents the first blueprint

Kinder Morgan Energy Partners LP (KMP) said it will invest in Battleground Oil Specialty Terminal Co., a venture with TransMontaigne Partners LP (TLP) that

COVINGTON, La.,- Hornbeck Offshore Services, Inc. (NYSE: HOS) announced today that its Board of Directors has approved a new vessel construction program for

Damen Shipyards will unveil its new Platform Supply Vessel (PSV) at EUROPORT 2011 and will launch a complete PSV range in the next few months. The PSV 3300 E3

(Dow Jones) Many analysts have taken Transocean to the cleaners after it barely eked out a 3Q profit, but Citi is keeping its buy rating while lowering

HOUSTON -(Dow Jones)- The third-party vendors refitting Transocean Ltd.’s (RIG) well control systems and blow-out preventers to comply with new rules

It’s about a two and a half hour helicopter flight from Louisiana to get to this lonely patch of ocean far out in the Gulf of Mexico, but the

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday that its third-quarter net profit fell 25% from a year earlier due to weaker margins

WASHINGTON (Dow Jones)–Several U.S. companies are asking the Obama administration for permission to respond to potential oil spills in Cuban waters, a

Transocean Ltd. (RIG) swung to a third-quarter loss on acquisition-related charges as a revenue shortfall hurt the offshore-oil driller’s margins.

Reaching from Chile up to the Bering Sea, then down again to New Zealand, the fault lines circling the Pacific Ocean are named The Pacific Ring of Fire and