News

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

Summary of Worldwide Maritime Crime and Piracy (Source: ONI)   BENIN: Product tanker (MATTHEOS I) hijacked on 14 September at 0121 UTC during  ship-to-ship

ANKARA, Turkey—Turkey said it will declare a border on the continental shelf if the island of Cyprus proceeds with offshore oil and gas drilling

A product tanker with 23 crew members was hijacked off West Africa according a report by the International Maritime Bureau. The report says that a group of

Complimenting today’s official  (and final) US Coast Guard investigation report into the Deepwater Horizon disaster, the Bureau of Ocean Energy

Hercules Offshore Inc. (HERO) said its acquired an added 6.1 million shares of Discovery Offshore SA (DISC.OS), bringing the contract driller’s stake to

WASHINGTON (Dow Jones)–The U.S. Interior Department Tuesday proposed additional workplace safety requirements for offshore oil and gas drillers. The

Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China has secured a

EUNAVFOR assets stopped and boarded a skiff thought to have been involved in an incident with the French Sailing Yacht (SY) TRIBAL KAT. One member of the crew

PARIS (Dow Jones)–French oil services group Technip SA (TEC.FR) Monday announced the acquisition of U.S.-based Global Industries Ltd. (GLBL) for $8.00 a

HAMILTON – Seadrill (NYSE: SDRL) announced today that they had secured a four-year contract for their ultra-deepwater semi-submersible drilling rig West

By Enda Curran, Wall Street Journal SYDNEY—Australia will introduce major tax breaks for shipping companies and a new international register for the 200

Worldwide Maritime Crime and Piracy Summary, week of 1 September 2011 (source: ONI) For the first time since we started publishing this report, there are: NO

WASHINGTON (Dow Jones)–The chairman and chief executive of Chevron Corp. (CVX) said Wednesday that the U.S. offshore drilling regulator needs more

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

By Andrew Galbraith in Shanghai and Jason Dean in Beijing, Wall Street Journal A spat over contracts between China’s biggest shipping company and foreign

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

SINGAPORE (Dow Jones)–The Asian crude tanker market will likely stay weak due to persistent oversupply, while vessels carrying clean petroleum products

By Mohan Malik, Wall Street Journal, above: INS Trishul, an Indian Talwar-class, guided missile frigate Media reports last week of a Chinese warship