Offshore Events

Petrobras today announced the discovery of a new accumulation of good quality oil (26º API) in the Santos Basin pre-salt reservoirs. The discovery resulted

International classification society Bureau Veritas has agreed a technical co-operation deal with COPPE/UFRJ, the Ocean Engineering department of the

HOUSTON (Dow Jones)–Oil companies haven’t been able to show that they can effectively respond to a future oil spill in the deep-water Gulf of

WASHINGTON–Gas prices in the U.S. could rise to an average of $3.30 per gallon in 2012, the top official at the U.S. Energy Information Administration

RigZone is out with their 2011 outlook on Deep and Shallow water newbuilds on order from exploratory drilling companies worldwide. They write: With utilization

Oil-drilling activity in the U.S. has accelerated to a pace not seen in a generation as energy companies, oilfield contractors and landowners rush to exploit

HOUSTON, Feb 01, 2011 (BUSINESS WIRE) — McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract to fabricate a

Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) Director Michael R. Bromwich today announced

WASHINGTON, DC–(Marketwire) – ExxonMobil, with a market capitalization of $368.7 billion, regained the top position it has held almost every year

The Norwegian Petroleum Directorate (NPD) has announced that offers were sent to 39 companies for 50 new production licences on the Norwegian continental

Editor’s Note:  The following is a statement issued today by the The American Petroleum Institute in response to the National Commission on BP Deepwater

Bacteria made quick work of the tons of methane that billowed into the Gulf of Mexico along with oil from the Deepwater Horizon blowout, clearing the natural

BG Group and partners today announced a tender process for the charter of two further Floating Production, Storage and Offloading (FPSO) vessels to be used in

KCA DEUTAG wins flagship six-rig contract in Caspian region for BP – Friday 7th January 2011 KCA DEUTAG, the leading international drilling and

Luxembourg – January 7, 2011 – Subsea 7 S.A. (NASDAQ-GS: SUBC; Oslo Børs: SUBC) today announced that the combination between Acergy S.A.

HOUSTON, Jan. 6, 2011 /PRNewswire/ — Apache Corporation (NYSE, Nasdaq: APA) today announced that hydrocarbon production has begun at its Balboa Field,

RIO DE JANEIRO–OGX Petróleo e Gás Participações S.A. (“OGX”) (Bovespa: OGXP3, OTC: OGXPY), the Brazilian oil and gas company

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced

STEP Offshore, a wholly-owned subsidiary of Aker Solutions, has won a contract from South Korea’s STX Offshore & Shipbuilding Co., LTD

As you might be aware, the frequency of my blog posts have slowed down in the past few months. The reason; I have been busy finishing the writing of