offshore drilling

It has been said that the technology used to drill ultra-deepwater oil and gas wells rivals that of NASA.  Sometimes those comparisons are more literal than

The U.S. Bureau of Safety and Environmental Enforcement on Thursday gave teeth to its policy that its inspectors can issue citations to oilfield service

(Bloomberg) — Norway needs to simplify rules for offshore oil rigs and reduce labor costs to support efforts to increase oil and gas production in

HOUSTON–The global quest for deepwater oil and gas fields continues unabated, despite recent economic turmoil and concerns about where energy prices

Petrobras announced today they have signed contracts with Sete Brasil, Odebrecht and Etesco to charter and operate nine drillships. These ships will be built

(Bloomberg) — Oil companies off Greenland’s shores may be basing risk assessments on outdated information as icebergs splinter the island’s

(Bloomberg) — The Republican-led U.S. House of Representatives passed legislation opening the California and Virginia coasts

HOUSTON–A federal safety agency has determined that the offshore-drilling industry is relying on the wrong data in its quest to prevent major accidents

(Bloomberg) — Mario Monti’s government is trying to attract as much as $18 billion in investment to Italy by relaxing a ban on offshore oil and

WASHINGTON–The U.S. Interior Department Thursday finalized plans to lease new tracts in the Gulf of Mexico and off the Alaska coast for offshore oil and

HONG KONG (Dow Jones)–Swire Pacific Ltd. (SWRAY, 0019.HK) said it will spend HK$11 billion ($1.4 billion) over the next two years on building energy

Lloyd’s Register announced today that it has acquired Houston-based WEST Engineering Services in a move that secures the group’s position as a

On today’s Anniversary of the 2010 Deepwater Horizon disaster, NPR has an interesting story looking at a staffing problem facing the offshore oil and gas

Very few films really portray what it looks and feels like to work in the offshore industry, but Maersk clearly put some effort into this and did an amazing

30 years ago today the Ocean Ranger, a semisubmersible drilling rig, sank during a vicious winter storm while drilling an exploration well off the coast of

HOUSTON (Dow Jones)–Oil and gas companies are expected to spend at record levels in exploration and production projects worldwide in 2012, with

It’s hard to talk about “world’s largest” in maritime and offshore manufacturing without mentioning Hyundai Heavy Shipyard, and this is

Deep Sea Metro has taken delivery of the newbuild drillship Deepsea Metro II from Hyundai Heaby Industries, according to a statment released by the company. 

(Dow Jones) The Obama administration proposed a moderate expansion of offshore drilling Tuesday, revealing a five-year plan that represents the first blueprint

The European Commission has proposed increasing safety standards in offshore oil and gas operations from the design to the final removal of an installation.