Offshore

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

Offshore

November 20, 2018

Pacific Drilling exits Chapter 11

Pacific Drilling announced that the company and certain of its affiliated chapter 11 debtors have emerged from bankruptcy after successfully completing restructuring transactions pursuant to...

November 20, 2018

Gazprom Says Offshore Part of TurkStream is Complete

Construction of the offshore part of the TurkStream pipeline that will carry Russian gas across the Black Sea to Turkey has been completed, Russian gas...

November 19, 2018

Tidewater Completes Combination with GulfMark Offshore

Tidewater announced the successful completion of its business combination with GulfMark Offshore. (more…)

November 2, 2018

Exxon Mobil drillship arrives in Limassol on Monday

Preparations are underway for Exxon Mobil’s drilling in Block 10 in the Cypriot exclusive economic zone south of the island. (more…)

October 28, 2018

EMAS Offshore signs $73m term sheet with Udenna

Emas Offshore is in talks with a Philippine corporation over a potential investment of $73 million. (more…)

October 24, 2018

Siem Offshore Secures Work for Subsea Vessel

Siem Offshore has secured a 15-month contract for the offshore subsea construction vessel ‘Siem Barracuda’. (more…)

October 24, 2018

Turkey hires Schlumberger for offshore drilling support

In its quarterly financial statement released last Friday the world's largest oilfield services company Schlumberger announced that it will provide services to Turkish national oil...

October 23, 2018

Norwegian Billionaires Head for Showdown With Supply Creditors

Billionaires Kjell Inge Rokke and John Fredriksen used the oil-market downturn to force a series of mergers on Norway’s struggling offshore supply industry. Now, they’re...

October 22, 2018

Teekay Offshore fixes FPSO to Alpha’s Cheviot field

Alpha Petroleum has entered into agreements with Teekay Offshore for its Petrojarl Varg Floating Production Storage and Offloading ('FPSO') unit to be deployed to the...

October 22, 2018

Exxon Makes Major Bet on Brazil as Petrobras Eases Its Grip

In a single year, Exxon Mobil Corp. has gone from being a tiny bit player in Brazil to the second-largest holder of oil exploration acreage,...

October 18, 2018

Energean to seek secondary listing on Tel Aviv stock exchange

Greece-based Energean, and oil and gas provider, will pursue a secondary listing on the Tel Aviv Stock Exchange, with the process expected to be completed...

An oil tanker passes near DCOR LLC's Edith offshore oil and gas platform in the Beta Field off the coast of Long Beach, California, U.S., on Tuesday, May 18, 2010. Senators from California, Oregon and Washington introduced legislation last week to ban offshore oil drilling off the West Coast amid mounting concern about the BP Deepwater Horizon rig spill spreading in the Gulf of Mexico. Photographer: Tim Rue/Bloomberg

October 18, 2018

U.S. states opposed to offshore drilling find hope in Zinke’s words

Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand...

October 16, 2018

Offshore drillers eye recovery by 2020

Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude...

FILE PHOTO: An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File Photo

October 12, 2018

U.S. oil firms restore operations in storm-tossed Gulf of Mexico

Major oil producers and drillers, including Chevron Corp and BP Plc, on Thursday began returning crews to more than 90 offshore facilities in the U.S....