Offshore

The General Electric LM2500 gas turbine engine Energy giant Chevron Corp. (CVX) awarded General Electric Co. (GE) a contract in the Gulf of Mexico, in which

Maersk Drilling, a business unit within the A.P. Moller- Maersk group, has declared its option to build two ultra deepwater drillships at Samsung Heavy

Norwegian oil-rig operator Songa Offshore SE said Tuesday it has been awarded a $2.5 billion contract to charter two new semisubmersible drilling rigs to

Hamilton, Bermuda, June 29, 2011 – Teekay Corporation (NYSE: TK) (Teekay) today announced it has signed a memorandum of understanding (MOU) with A2SEA

Alstom, a global leader in offshore wind power technology released this video the other day showing the engineering and construction of their new 6MW offshore

Mississippi Senator Thad Cochran Offers Resolution, Expresses Appreciation to Coast Guard Leader WASHINGTON, D.C. – The U.S. Senate today approved a

Keppel Offshore & Marine’s new orders for the year-to-date reaches S$7.4 billion Keppel FELS Limited’s (“Keppel FELS”) repeat

WASHINGTON – To complement its existing safety inspection regime for foreign-flagged vessels operating in U.S. waters, the U.S. Coast Guard Friday

WASHINGTON -(Dow Jones)- The Interior Department is asking Congress to increase fines for oil and natural gas companies that break offshore drilling laws, with

SINGAPORE (Dow Jones)–Singapore-listed Ezra Holdings Ltd. (5DN.SG) is due to ship a large offshore floating oil production unit to Vietnam this week,

RIO DE JANEIRO (Dow Jones)–Brazilian oil-field services company OSX Brasil SA (OSXB3.BR) said Monday that it had received approval to start construction

SBM Offshore has been awarded a contract from the “TSC” Consortium (made up of Technip and Samsung Heavy Industries) for the engineering,

In the world of gCaptain coverage we tend to favor cutting edge technology over quality products that mariners have relied on for decades. But why?

WASHINGTON -(Dow Jones)- The U.S. government on Thursday said it would release 30 million barrels of oil from its strategic petroleum reserves as part of an

SINGAPORE (Dow Jones)–STX OSV Holdings Ltd. (MS7.SG), a Singapore-listed shipbuilder, Wednesday announced it has secured new contracts for the

By Angel Gonzalez An internal investigation by Transocean Ltd. determined that a series of risky decisions made mostly by BP PLC led to the Deepwater Horizon

The following is a press release issued by Transocean regarding an internal investigation into the causes of the Deepwater Horizon disaster.  The full report

Alstom has taken a 40% equity share in Scottish renewable energy company AWS Ocean Energy, representing Alstom’s entry to the wave energy market. Alstom

Maersk Oil, a fully-owned subsidiary of the A. P. Moller – Maersk Group, has approved its investment of $1 billion in the Field Development Plan for the

DryShips (DRYS: Nasdaq) By Sterne, Agee & Leach ($3.83, June 17, 2011) We are upgrading DryShips from Neutral to Buy ahead of an ocean rig listing in the