Oil & Gas

Dubai-based, Oslo-listed seismic vessel operator Polarcus has ordered two new high-end 3D seismic ships. Like the company's exisiting existing POLARCUS ASIMA and POLARCUS ALIMA, they will be constructed to the X-bowed ULSTEIN SX134 design, but…
The numerous technical and operational breakdowns that contributed to the Deepwater Horizon oil rig explosion and spill from the Macondo well in the Gulf suggest the lack of a suitable approach for managing the inherent…
Norway's Farstad Shipping ASA has placed an order for the first OSV to be built to a new wave piercing design by Rolls-Royce. The vessel is one of four platform supply vessels to be built…
Two offshore drillers are showing enough faith in prospects for jack-ups to take out their check books. Seadrill is following up its recent drillship splurge at Samsung by ordering two newbuild two jack-ups at China's…
Senator Mary Landrieu (D-LA) is using a powerful senatorial weapon to hasten an actual end to the offshore drilling moratorium put in place after the Deepwater Horizon incident. On September 23 Senator Landry placed a…
Petrobras and its partners have signed contracts worth $3.46 billion with Brazil's Engevix Engenharia S.A. They cover the construction of eight FPSO hulls at the Rio Grande Naval Hub, which is based on the Estaleiros…
Seadrill orders two drillshipsSeadrill is to build up to four new ultra-deepwater drillships at Samsung Heavy Industries..
 The White House office of Carol Browner changed a DOI report justifying the moratorium.
Bourbon offshore revenues up Jacques de Chateauvieux had some good news for Bourbon shareholders.
$2.1 million penalties in Gould case A Louisiana ship-operating company has been sentenced on charges related to the illegal discharge of oil into the oceans, from an NSF-chartered ship.
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