Offshore

Petrobras today announced the discovery of a new accumulation of good quality oil (26º API) in the Santos Basin pre-salt reservoirs. The discovery resulted

WASHINGTON -(Dow Jones)- A BP PLC (BP, BP.LN) vice president in charge of drilling operations in the Gulf of Mexico resigned over safety concerns just months

WASHINGTON, DC – President Barack Obama today announced his request for $358.4 million to fund the Bureau of Ocean Energy Management, Regulation and

WASHINGTON -(Dow Jones)- Oil and gas drillers would be charged new fees and royalty rates under President Barack Obama’s 2012 spending plan announced

International classification society Bureau Veritas has agreed a technical co-operation deal with COPPE/UFRJ, the Ocean Engineering department of the

Maersk Drilling, an entity within the A.P. Moller – Maersk Group, has signed a contract with Keppel FELS Limited in Singapore for the construction of two

Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiary Keppel FELS Brasil, has secured two contracts totalling R$500 million (approx.

HOUSTON (Dow Jones)–Oil companies haven’t been able to show that they can effectively respond to a future oil spill in the deep-water Gulf of

Hamilton, Bermuda – Seadrill is currently evaluating the structure of the company’s harsh environment activities which include the six drilling

Marlink, the global provider of maritime satellite communications, has secured a new three year contract with DOF ASA, a Norwegian based operator of offshore

Petrobras’ board of directors approved the bidding process for the construction, in Brazil, of the first seven of a total of 28 offshore drilling rigs

St. John’s, NL, Canada: Canadian based Rutter Technologies, a division of Rutter Inc. (TSX: RUT), has entered into an agreement MSRC to provide its Oil

HOUSTON -(Dow Jones)- Oil giant Chevron Corp. (CVX) said this week it expects the federal government to start issuing permits for deepwater drilling in the

Gamesa Technology Corp., a global wind energy leader, and the shipbuilding operations of Northrop Grumman Corp., America’s largest shipbuilder, yesterday

State-of-the-art Integrated Automation and DP system supports unique HiLoad concept The 27th January 2011 was a milestone in the development of the unique

ZUG, SWITZERLAND — Transocean Ltd. today issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing

ULSTEIN has signed a contract for delivering an offshore IMR/ construction vessel of the ULSTEIN SX148 design to Eidesvik Offshore. Working closely with

HOUSTON (Dow Jones)–Noble Energy Inc. (NBL) said Thursday it is planning to return to exploratory drilling in the deep water of the Gulf of Mexico later

WASHINGTON–Gas prices in the U.S. could rise to an average of $3.30 per gallon in 2012, the top official at the U.S. Energy Information Administration

Oil-drilling activity in the U.S. has accelerated to a pace not seen in a generation as energy companies, oilfield contractors and landowners rush to exploit