UK looking to “name and shame” offshore oil companies that cause environmental damage
ABERDEEN, Scotland (Dow Jones)–The organization tasked with policing safety on U.K. North Sea oil and gas installations said Wednesday it is prepared to
ABERDEEN, Scotland (Dow Jones)–The organization tasked with policing safety on U.K. North Sea oil and gas installations said Wednesday it is prepared to
Today, at the SPE Offshore Europe 2011 conference in Aberdeen, Britain Energy Minister, Charles Hendry MP, announced that a new piece of equipment said to be
Technip has been awarded a contract worth approximately €40 million from Maersk Oil for installation work in the North Sea. The contract covers
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
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