Aug. 8 (Bloomberg) — BP Plc, ConocoPhillips and Statoil ASA are among oil explorers investing at least $3 billion in wells off Angola next year in the country’s biggest deepwater...

By Alison Sider HOUSTON–Shallow-water driller Rowan Drilling Company (RDC) is stepping in the deepwater, a move that it expects will boost profits and make it a long-term player in the...

Carnival’s newest ship, Carnival Breeze, is to debut in June 2012. Image courtesy Carnival Carnival Cruise Lines announced today that it will be building three new cruise ships for two...

HOUSTON -(Dow Jones)- Rowan Cos. Inc. (RDC) on Wednesday said it will sell its fleet of land rigs to Ensign Energy Services Inc. (ESI.T, ESVIF) for $510 million, a deal...

The Bureau of Ocean Energy Management reported on Friday that they had approved a deepwater drilling permit for Norwegian oil company Statoil.  This is the 6th deepwater drilling permit issued...

Transocean’s CEO Steven Newman; Ricardo Rosa, Senior Vice President and Chief Financial Officer; Ihab Toma, Senior Vice President of Marketing and Planning; and Terry Bonno, Vice President of Marketing discussed...

The U.S. Department of Interior today has issued yet another moratorium on deepwater drilling on the Outer Continental Shelf (OCS), saying that the suspension is nesessary to ensure adequate safety...