Offshore News


Transocean Ltd. to Present at Howard Weil Energy Conference

Mar 18, 2011

ZUG, SWITZERLAND, Mar 17, 2011 (MARKETWIRE via COMTEX) -- Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that Steven L. Newman, President and Chief Executive Officer of the company, will address attendees at the Howard Weil Energy Conference in New Orleans…

First FPSO Approved for Gulf of Mexico

Mar 17, 2011

BOEMRE Approves First-Ever Use of Deepwater Floating Production Storage Offloading Facility in Gulf of MexicoThe Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today provided the final approval necessary for Petrobras America…

Japan Drilling Company awards $210m jackup contract to Keppel

Mar 15, 2011

Keppel FELS Limited (Keppel FELS) has secured a contract worth about $210 million from Japan Drilling Company (JDC) to build a KFELS Super B Class jackup rig.Slated for delivery in the first quarter of 2013, the rig will be JDC's first newbuild…

Subsea 7 Wins Chevron GOM Contract

Feb 21, 2011

Subsea 7 S.A., a global leader in seabed-to-surface engineering, construction and services, announced the award of an engineering and installation contract by Chevron U.S.A. Inc. for Tahiti Phase 2 development in the Gulf of Mexico. The Subsea 7 workscope is to install one 7…

Structural Integrity NDT Test for Deepwater Fiber Rope Connectors

Jan 18, 2011

First Subsea is using innovative non-destructive testing (NDT) technology to inspect the quality of forgings used in the new range of LankoFirst fiber rope connectors for deepwater moorings. Process Compensated Resonance Testing (PCRT) undertaken…

Diamond Offshore Orders New Deepwater Rig from HHI

Jan 03, 2011

Diamond Offshore Drilling, Inc. (NYSE:DO) today announced that a subsidiary, Diamond Offshore Drilling Limited, has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for construction of a new ultra-deepwater drillship with…

CNOOC: A Deepwater Gas Finding in Qiongdongnan Basin

Jan 03, 2011

China's CNOOC Limited (NYSE: CEO, SEHK: 0883) announced a deepwater gas discovery on Block 64/11 offshore China after the Lingshui 22-1-1 exploration well drilled by its partner, BG Group (BG) , encountered gas-bearing sands.The exploration…

Dryships Signs Another Drilling Contract

Oct 15, 2010

DryShips Inc. announced today that its fully-owned subsidiary Ocean Rig UDW Inc has signed definitive documentation following the previously announced Letter of Award. The contracts were signed with subsidiaries of Vanco Overseas…

Tidewater Signs for Four PSVs with Drydocks World

Oct 06, 2010

Tidewater entered into a contract with Drydocks World for the construction of four 265-ft. deepwater platform supply vessels at its shipyard in Batam, Indonesia. The delivery of these high-performance, high-capacity, 3,200 metric ton deadweight…

“Idle Iron” Mandate to Plug Wells Could Save Some GOM Jobs

Sep 16, 2010

Yesterday Secretary of the Interior Ken Salazar and Bureau of Ocean Energy Management, Regulation and Enforcement Director Michael R. Bromwich announced a mandate – effective October 15, 2010 – that oil and gas companies operating in the Gulf…

BOEM Head Meets with Shallow Water Drilling Coalition

Sep 14, 2010

Prior to start of the eighth and final Public Forum on Offshore Drilling in Lafayette, La., Bureau of Ocean Energy Management, Regulation and Enforcement (BOEM) Director Michael R. Bromwich met this morning with Louisiana Lt. Governor Scott…

BP Releases Internal Investigation

Sep 09, 2010

BP released the findings of its internal investigation into the Deepwater Horizon explosion and oil leak in the Gulf of Mexico. The company said no single factor caused the Macondo well tragedy. Rather, a sequence of failures involving a number…

Chinese Offshore Development Blows Past U.S.

Sep 08, 2010

According to a September 7 report from The New York Times, China has leapt past the United States, installing its first offshore wind farm. Several other farms also are already under construction, and even the Chinese government's ambitious targets seem low compared to industry dreaming…

Carbon Copy Spill Plans Need Overhaul

Sep 08, 2010

A September 7 report from Bloomberg said that offshore oil drillers should upgrade the disaster-response plans that lawmakers have described as “carbon copy,” according to two industry task forces probing BP Plc’s Gulf of Mexico spill. The plans…

German Nuclear Power Extension Threatens Offshore Wind Funding

Sep 08, 2010

According to a September 6 report from Bloomberg, the German government’s plan to extend the phase-out of nuclear power risks hampering investment in offshore wind turbines. Utilities including E.ON AG and RWE AG may cut their investment in the industry to compensate for a tax of $3…

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