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ExxonMobil has announced this week that oil production has commenced at the Kizomba Satellites Phase 2 project in Block 15 offshore Angola. The company

An international maritime tribunal on Saturday ruled that Ghana can continue developing a $4.9 billion dollar offshore oil project in an area caught up in a

The start of Norway's 2.3 billion barrel Johan Sverdrup oil field may be delayed and costs could exceed forecasts but the project could break even at about

The Obama administration proposed tighter rules for the offshore drilling equipment designed to be a last line of defense against oil-well blowouts, five years

Royal Dutch Shell Plc says its proposed $70 billion takeover of BG Group Plc will boost dividends and share buybacks for investors. North Sea workers in fear

Earlier this week pirates hijacked an Iranian fishing vessel in the waters off the coast of Somalia, the AFP has reported. The AFP report, which cited an

Russian oil firm Rosneft has cancelled a contract for a two-and-a-half year rig contract with Northern Offshore and Seadrill's North Atlantic Drilling Ltd, the

The ICC International Maritime Bureau's Piracy Reporting Centre has confirmed the hijacking of a product tanker earlier this month off the coast of

Transocean’s Deepwater Expedition, Transocean Legend, Transocean Rather, and GSF Arctic III are all heading to the scrapyard according to the

The  2007-built DP2 heavy lift crane vessel Lewek Champion performs a fixed offshore platform installation in the following undated video: The Lewek

The gCaptain Forum is a strange beast.  As a social media outlet specifically for the professional maritime and offshore sector, it’s unique from other

DNV GL on Thursday announced that it has welcomed the MSC Oscar containership into its class, which at 19,224 TEU is the world's largest containership by

Oil extended three consecutive weekly gains in London as OPEC ministers signaled their confidence that the market can sustain its

An Australia-bound father and son duo had to be rescued from their disabled 43-foot sailboat off the coast of Nantucket on Sunday amid the brutal winter storm

“I was on a flight back from SFO to LAX on February 9th and we flew over the ports of Los Angeles and Long Beach before turning in to

The former captain of the doomed Costa Concordia on Wednesday gave his final address to a court where he is being tried over the loss of the giant cruiseliner,

Shipping companies and terminal operators for 29 U.S. West Coast ports appeared to have hit a snag on Wednesday in protracted labor negotiations with the

Over the past year, Philadelphia photographer Charles Cerrone has gained access to wield his camera within the confines of one of the United States’

ReCAAP reports a 22% increase in the total number of piracy and armed robbery incidents in Asian waters in

Cnooc Ltd., China’s biggest offshore oil and gas producer, plans to increase production by as much as 15 percent this year even as the plunge in the price of