Offshore

Caterpillar (NYSE:CAT) said today that it has secured a contract to power 16 offshore supply vessels for use in the Brazilian offshore market. Caterpillar

By Tennille Tracy, The Wall Street Journal The Obama administration said Monday it was moving forward with oil-drilling leases off the coast of Alaska issued

WASHINGTON (Dow Jones)–The Interior Department is struggling to recruit a top official for its offshore oil-drilling agency, in large part because

WASHINGTON (Dow Jones)–More than 30 House lawmakers are urging Spanish energy company Repsol YPF S.A. (REP.MC) to abandon its plan to drill for oil in

The U.S. Coast Guard said Tuesday it is working with Transocean Ltd. to find out whether last year’s wreckage of the Deepwater Horizon rig is the source

A Turkish oil and gas research ship is exploring off southern Cyprus in an area near the exploration rig operated by U.S. independent Noble Energy Inc., a

Fincantieri Marine Group says its Bay Shipbuilding division has started construction on two Polar Class PSV’s for Tidewater Marine.  The PSV’s are

ModuSpec BV and Scandpower AS, members of the Lloyd’s Register Group, are developing a new tool with origins from the nuclear power industry that may

Built in 1983, the 261 meter-long & 127575 DWT oil tanker Lentera Bangsa caught fire 100 miles from the coast of Jakarta Bay Friday morning. The vessel

Just when we thought the Deepwater Horizon disaster had almost been sorted out… it’s apparent we have a long way to go. Today’s scheduled

Hyundai Heavy Industries said today that its Korean shipyard has clinched a $530 million order from Noble Corporation for the construction of a new deepwater

RIO DE JANEIRO (Dow Jones)–Brazil’s emergence as a hot frontier for oil and natural gas was boosted Wednesday by two fresh discoveries, with

By Isabel Ordonez And Alexis Flynn, Wall Street Journal Apache Corp. is substantially expanding its U.K. presence by buying a number of ExxonMobil’s

The Marine Well Containment Company (MWCC) says it has taken delivery of an integral part of its expanded containment system, a new Aframax tanker. The 107,500

(Dow Jones) US offshore regulators are issuing deepwater drilling permits under new regulations like it was 2009–before the disastrous oil spill in the

Congressman Steve Cohen, a Democrat from Tennessee, last week reintroduced a bill in the U.S. House of Representatives that would require all vessels

By Cassandra Sweet, The Wall Street Journal Online The U.S. Environmental Protection Agency removed a longtime obstacle to Royal Dutch Shell PLC’s Arctic

The U.S. offshore regulator, Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE), has completed its first post-Macondo unannounced spill

WASHINGTON (Dow Jones)–Michael Bromwich, the former federal prosecutor who has led the U.S. agency that oversees offshore drilling through its response

– By Russell Gold, Wall Street Journal The Gulf of Mexico has staged a comeback as a source of oil for big energy companies, little more than a year