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By Nerijus Adomaitis OSLO, Feb 22 (Reuters) – Offshore rig firm Borr Drilling , controlled by Norwegian investor Tor Olav Troeim, is proposing to

By David Wethe (Bloomberg) — Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s

The Bureau of Safety and Environmental Enforcement is conducting an investigation into the fatality of a third-party construction worker in an area of the Gulf

WASHINGTON, Feb 16 (Reuters) – The Trump administration on Friday said it would offer the largest oil and gas offshore auction in U.S. history on March

Oslo, Norway-based Kvaerner has been awarded a large contract from Statoil for the construction and installation of the topside structure for the floating

Swiss offshore engineering company Allseas is said to be planning a bigger version of its famous Pioneering Spirit, the giant offshore installation and

By Abhishek Vishnoi (Bloomberg) — Sembcorp Marine Ltd. has gained almost S$2 billion ($1.5 billion) in just three weeks — making its parent

Both Chevron and Royal Dutch Shell on Thursday announced major deepwater oil discoveries at two separate wells located in the U.S. Gulf of Mexico. Both finds

South Korean shipbuilder Samsung Heavy Industries says it has agreed to sell a semi-submersible drilling rig it had originally built for Stena Drilling to an

Rolls-Royce Commercial Marine has received an order to deliver battery-powered energy systems for six platform supply vessels owned by a joint venture

By Jonathan Franklin (Bloomberg) Their industry all but destroyed, former fishermen now run guns one way, diapers another. On the sea with the desperate

SINGAPORE, Jan 25 (Reuters) – Singaporean conglomerate Keppel Corp swung to its first quarterly net loss in 14 years, after accounting for a huge fine

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has suspended petroleum-related operations conducted by the SeaRose Floating,

By Valerie Volcovici and Richard Valdmanis Jan 16 (Reuters) – The Trump administration’s decision last week to exempt Florida from its

By Amanda Jordan and Kelly Gilblom (Bloomberg) — BP Plc raised the amount it will pay this year for the Deepwater Horizon accident as thousands

By Liam Denning (Bloomberg Gadfly) — Energy dominance begins at home, and that includes any beachfront property you might have. The Interior Department

The world’s largest rig builder, Keppel FELS, has delivered its first rig of 2018 and the first of five jackups that it is building for Borr Drilling.

by Chris Hughes (Bloomberg) Shipping billionaire John Fredriksen struck a deal to save his Seadrill Ltd oil services company from collapse in 2017. Next year,

by Henning Gloystein (Reuters) – Surveying the ocean floor for oil and natural gas reserves is gradually emerging from a multi-year slump,

By Rod Nickel WINNIPEG, Manitoba, Dec 20 (Reuters) – Canada’s offshore oil industry, a sliver of the country’s crude sector, is drawing