Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately 45 miles north off of Cap Haitien, Haiti, Friday.
Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.
Satellite images show China is building an island on a reef in the disputed Spratly Islands large enough to accommodate what could be its first offshore airstrip in the South China Sea,
An explosion occurred aboard a production platform Thursday at West Delta 105, operated by Fieldwood Energy, resulting in one fatality and three injured.
Rupture disc burst detection system widely adopted in cost-sensitive Oil and Gas sector.
Since its launch, the industry’s first Exd approved burst detection
On the premises of Liebherr in Rostock a remarkable single lift of the new RL-K 7500 subsea crane recently took place in the course of its loading for shipment to Asia.
Ocean Installer won a contract for an umbilical installation project with Oceaneering for LLOG on the Delta House project. The location of the project is in the Mississippi Canyon Area.
COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province.
In the continuing quest to harvest efficient, renewable energy from the power of the world’s tides, an organization called Sustainable Marine Energy’s announced
Offshore workers will for the first time be able to access their training records at the touch of a button wherever they are in the world thanks to a new mobile application which launched November 19.
A new Floating Storage and Regasification Unit (FSRU) will be built by the Korean shipbuilding Company Hyundai Heavy Industries (HHI). This FSRU will be the fifth
Shareholders in Danish wind turbines maker Vestas are anxiously waiting for U.S. lawmakers to decide if a crucial tax break for wind power will be extended, as
Norwegian gas system operator Gassco said that an outage at Statoil's Troll field, which is reducing gas output by 11.7 million cubic metres per day, will end on Dec.
Russia's second-largest oil company, privately controlled Lukoil, said on Friday it planned to invest in Nigeria with U.S. oil major Chevron Corp , part of its
Russian Foreign Minister Sergei Lavrov said on Friday that Russia and Saudi Arabia agree that oil pricing should be based on a balance between supply and demand.
Ivory Coast is finalising production sharing agreements with oil company Exxon Mobil for two ultra-deepwater blocks in the Gulf of Guinea, a senior official with
Norway's Statoil has halted its exploration campaign in Angola after several disappointing wells and canceled a rig contract with Stena Drilling, the firm said on Friday.
China cuts interest rates to help sagging economy; Venezuela willing to cut oil production, minister says.
Brent crude oil rose more than $2 to above $81 a barrel
Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014.
In the current year geological survey covered
Rowan Companies plc informed today that its monthly report of drilling rig status and contract details have been updated as of November 20, 2014.