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Offshore

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

Offshore

August 17, 2017

Transocean Punished for Biggest Offshore Deal of Oil Downturn

Transocean Ltd. dropped to the lowest in more than two decades as investors panned its deal to buy Songa Offshore SE in the biggest offshore...

August 16, 2017

DOF Subsea contract award in the North Sea

DOF Subsea, a subsidiary of DOF ASA, has been awarded a contract for Skandi Constructor for Siemens on the Galloper Offshore Wind Farm Project in...

August 16, 2017

Boskalis acquires subsea survey specialist Gardline

Royal Boskalis Westminster N.V. announced that it has acquired all shares of the Gardline Group (Gardline). (more…)

August 16, 2017

Transocean Announces Agreement to Acquire Songa Offshore

Transocean has reached an agreement with Songa Offshore SE whereby it will, subject to certain conditions, make a Voluntary Exchange Offer to acquire 100 percent...

August 14, 2017

Ezion Holdings suspends trading

The board of directors of Ezion Holdings Limited has announced that, in view of the group’s business and financial situation as detailed in its most...

August 11, 2017

Denmark reports Maersk Oil to police for discharging chemicals into North Sea

The Danish environmental protection agency (DEPA) said on Thursday it had reported Maersk Oil, the oil unit of A.P. Moller-Maersk, to the police for discharging...

August 9, 2017

Topaz Energy & Marine awarded $100-million Dragon Oil contract

Topaz Energy & Marine, a leading offshore support vessel company, has announced a new $100-million contract with Dragon Oil, the upstream oil and gas subsidiary...

August 4, 2017

A Long Time Coming: Offshore Project Sanctioning

Now that half the year has passed, a review of offshore project sanctioning might be timely. (more…)

July 27, 2017

Subsea 7 posts higher profit in Q2

Subsea 7 saw an increase in its profit and revenues during the second quarter of this year. (more…)

July 27, 2017

Seadrill Warns Chapter 11 ‘Likely’

Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday and reiterated that Chapter 11 bankruptcy was likely. (more…)

July 26, 2017

America’s Biggest Oil Port Looks to Catch the Export Wave

The biggest U.S. oil-import hub wants to grab a piece of surging North American crude exports. (more…)

July 17, 2017

Ankara continues bid to prevent hydrocarbon research in Cyprus’ EEZ

A Turkish frigate, identified as the Gökçeada, was reportedly shadowing a survey ship commissioned to begin exploratory drilling in block 11 of Cyprus’ exclusive economic...

July 14, 2017

Solstad Farstad sells AHTS vessel

Solstad Farstad has sold a relatively new AHTS vessel Far Shogun. (more…)

July 13, 2017

Mexico Oil Privatization Pays Off With Billion-Barrel Find

Mexico’s decision to allow private companies to explore for oil and gas started to pay off after the discovery of at least a billion barrels...

July 12, 2017

Sealink clinches new charter and sells two

Sealink International Bhd agreed a charter contract for one of its safety standby vessels and is selling two ageing vessels for RM52 million in total....