Offshore

This page features Offshore news, offshore drilling companies, offshore work and other components pertaining to the maritime offshore industry.

Offshore

Tidewater

March 29, 2017

Offshore service vessel provider Tidewater Inc. announced that the latest waiver of covenant default from its lenders and noteholders expired in accordance with its terms...
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ezion

March 28, 2017

EZION Holdings on Tuesday said it plans to take full control of existing joint ventures previously held with a unit of Swissco Holdings, and to...
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ezra

March 28, 2017

When it comes to matters legal or bureaucratic, Singapore is swift to act. Bankruptcy, sometimes, can be even faster. (more…)
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standard-drilling

March 23, 2017

Standard Drilling has increased its stake in a company which owns six platform suppliers previously owned by World Wide Supply. S.D. Standard Drilling informed on...
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Maersk Offshore

March 23, 2017

Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that means it will pay less tax on its...
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clarksons

March 22, 2017

In 2011, Nigerian oil production stood at 2.55m bpd (of which 71% was offshore), accounting for 7.1% of total OPEC oil production (and 40% of...
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john-fredriksen

March 21, 2017

Billionaire John Fredriksen and his former top adviser Tor Olav Troim may not see eye to eye anymore, but they agree on this: it’s time...
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Workers move along an access way above the giant supporting legs of the Oseberg A offshore gas platform operated by Statoil ASA in the Oseberg North Sea oil field 140kms from Bergen, Norway, on Friday, Jan. 17, 2014. Statoil, Norway's biggest energy company, sees the potential to keep domestic oil and gas output at today's levels until 2025 and possibly beyond even as it tightens spending amid rising costs. Photographer: Kristian Helgesen/Bloomberg via Getty Images

March 21, 2017

Oil fell as a U.S. drilling revival undermines the potential for OPEC output curbs to rebalance the market. (more…)
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ezra

March 20, 2017

Oilfield services firm Ezra Holdings Ltd of Singapore filed for U.S. Chapter 11 bankruptcy on Saturday, blaming a prolonged slump in the energy industry. (more…)
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seadrill

March 13, 2017

Seadrill announced that it has reached a settlement agreement with Hyundai Samho Heavy Industries in relation to the West Mira arbitration. (more…)
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polar-pioneer

March 13, 2017

Senator Lisa Murkowski said President Donald Trump is interested in opening up new coastal waters for oil and gas drilling and reversing Obama-era policies that...
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DOF Subsea

March 10, 2017

DOF Subsea, a subsidiary of DOF Group, has been awarded a contract in the Atlantic region for the mooring installation of an FPSO on the...
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Bourbon-offshore

March 8, 2017

As part of the "Stronger for longer" action plan, which aims at preserving and strengthening the company's cash flow to allow it to emerge stronger...
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Maersk Offshore

March 8, 2017

Oil and shipping conglomerate A.P Moller-Maersk could land a deal with the Danish government on oil and gas operations in the North Sea within days,...
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ezra

March 8, 2017

Read the shipping and offshore oil industry news in Singapore and you’d be forgiven for imagining the country’s stock market must also be in the...
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