Offshore

HOUSTON (Dow Jones)–Halliburton Co. (HAL) Chief Executive David Lesar said Tuesday there are “fantastic and phenomenal opportunities” for

SINGAPORE (Dow Jones)–China National Offshore Oil Corp. (CEO), also known as CNOOC, said Tuesday that it is willing to establish a marine environmental

Access to reserves is currently the biggest risk for oil and gas companies, said Ernst & Young in its annual report on the top 10 risks for the global

Just got an update from our Forum that the recently commissioned Noble Bully I left Keppel Shipyard in Singapore the other day bound for the Gulf of Mexico.

JEAN LAFITTE, Louisiana—The center of Tropical Storm Lee stretched across the central Gulf Coast early Sunday, dumping torrential rains that threatened

Liberian-flagged and DNV-classed, Scarabeo 9 is a semi-submersible drilling vessel recently built by Yantai Raffles.  It will be on contract by Repsol YPF for

BP PLC’s effort to save money while drilling the Deepwater Horizon oil well led it to withhold critical information from contractor Halliburton Co. in

Halliburton Co. (HAL) yesterday filed a lawsuit against BP PLC in Texas state court claiming negligent misrepresentation, business disparagement and defamation

Image by Ghene Snowdon TOKYO (Dow Jones)–Looking to expand its presence in the renewable energy field, Marubeni Corp. (8002.TO) said Friday it has

Noble Corporation said today that it has exercised its option with Hyundai Heavy Industries for the construction of an additional ultra-deepwater drillship,

By Russell Gold, Wall Street Journal, above image courtesy GAZPROM ExxonMobil Corp.’s blockbuster $2.2 billion deal to drill for oil in the frigid

Houston based GulfMark Offshore says it will be building at least three new PSV’s as part of a vessel construction program initiated today.  The program

Image courtesy Samsung Heavy Industries (Dow Jones) DryShips Inc.’s (DRYS) swung to a sharp loss in its fiscal second-quarter as write-downs from the

ExxonMobil Corp. and OAO Rosneft, the state-controlled Russian oil giant, reached a sweeping strategic alliance Tuesday that will give the U.S. titan access to

Photo courtesy OneEighteen via Flickr HOUSTON (Dow Jones)–The U.S. Coast Guard and the Federal Bureau of Investigation must develop a joint national plan

Heerema Marine Contractors (HMC) has a reputation for going big, and today, the company is living up to that hype, announcing an order for the world’s

NOAA, Shell , ConocoPhillips, and Statoil today signed an agreement to collaborate on scientific ocean, coastal and climate data for the Arctic. The agreement

Click on the image for the Hi-Resolution version 12,481 employees, 64 wheel powered hydraulic jack transporters, 1000 foot floating drydocks plus assorted

International oil services company Aker Solutions says it is will be creating up to 500 new jobs in the UK over the next year as the company looks to

By Flemming Emil Hansen, Dow Jones & Co, Image by Jeff Shea/NY Times COPENHAGEN—Denmark this week launched its first formal strategy for the Arctic