Offshore

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

Offshore

BP

May 23, 2017

BP Plc started a project in the U.K. North Sea that will restore production halted since 2013 and help double the company’s output in the...
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Vallianz

May 22, 2017

Vallianz Holdings suffered a net loss of US$173.2 million for the three months ended March from a profit of US$4.9 million a year ago due...
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platform

May 18, 2017

BP Plc’s first foray into Mexico’s recently opened energy market is proving more promising than expected, and the government should offer more big projects to...
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GulfMark

May 17, 2017

GulfMark announced that it reached an agreement with certain noteholders on a comprehensive financial restructuring that, when implemented, will strengthen the Company’s competitive and financial...
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Maersk Supply

May 16, 2017

Maersk Supply Service has secured a major contract with Maersk Oil UK to project manage the complete towing, mooring installation and hook up service scopes...
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cosco-shipyard

May 15, 2017

The Board of Directors of COSCO SHIPPING International (Singapore) Co., Ltd. announced that COSCO (Qidong) Shipyard Co., Ltd (“COSCO Qidong”), a subsidiary of the Company’s...
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BW

May 8, 2017

Addax Petroluem has terminated a contract with BW Offshore for an FPSO operating offshore Nigeria after losing a dispute related to payment of outstanding dayrates...
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sembcorp

May 5, 2017

In Sembcorp Industries first quarter results announcement, President and CEO Neil McGregor announced a review of the group’s businesses and strategic direction. (more…)
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Pacific-Drilling

May 5, 2017

Pacific Drilling S.A. (NYSE: PACD) announced net loss for first-quarter 2017 of $99.8 million or $4.69 per diluted share, compared to net loss of $43.0...
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POSH

May 4, 2017

Offshore marine services provider PACC Offshore Services Holdings (POSH) is taking legal advice over an additional S$24.5 million in legal claims in a tussle concerning...
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bourbon

May 4, 2017

Revenues continued to decline for offshore vessels owner Bourbon in Q1 this year. (more…)
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Greenpeace ice class ship Esperanza tracking Shell's oil rig the Polar Pioneer on its way to drill in the Alaskan Arctic this summer in transit across the Pacific on board the heavy lift vessel Blue Marlin.
Six people from around the world are tailing Shell's Arctic oil rig across the Pacific on board the Greenpeace ship Esperanza. As ambassadors of a movement of millions, the six men and women want to expose Shell's reckless plans to drill in the remote Chukchi Sea in the Alaskan Arctic. The Esperanza has been tracking Shell's monstrous oil rig the Polar Pioneer since it left Brunei Bay in Malaysia.

May 4, 2017

Environmental groups are challenging President Donald Trump’s attempt to restore oil and gas leasing on more than 125 million acres in the Arctic and Atlantic...
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seadrill

May 2, 2017

Seadrill has agreed to sell three jackups to Dubai-based Shelf Drilling for $225 million. (more…)
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Statoil-Songa-Trym

May 1, 2017

U.S. President Donald Trump signed an executive order on Friday to extend offshore oil and gas drilling to areas that have been off limits, in...
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subsea7

April 27, 2017

Subsea 7 increased its revenues during the first quarter 2017 by 20 percent. The company posted a profit of $146 million for the first quarter...
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