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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

By Chiara Albanese, Sergio Di Pasquale and Kelly Gilblom (Bloomberg) — Eni SpA, Royal Dutch Shell Plc and senior executives will face trial over a $1.1

HOUSTON, Dec 19 (Reuters) – Dense fog halted vessel traffic along the Houston Ship Channel, idling at least 50 vessels in or near the 53-mile (85-km)

By Jack Farchy and Chiara Albanese (Bloomberg) — The oil rig was built mostly in China and drilled its first well in Cuba. Now it’s

PONANT has developed an innovative and environmentally friendly luxury cruise vessel in close cooperation with Aker Arctic and Stirling Design International

By Salma El Wardany (Bloomberg) — Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its

  By Mikael Holter (Bloomberg) — Statoil ASA gave the final go-ahead to a flagship Arctic oil project after slashing costs by half. While

by Ron Bousso (Reuters) Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and