Oil & Gas

NOVEMBER 10, 2015 — In what's become unusual in the current market, a drilling contractor today had two pieces of positive news to report. Atwood Oceanics, Inc. (NYSE: ATW) said today that it had gotten…
NOVEMBER 6, 2015 — Norway's Eidesvik Offshore reports that Statoil has extended the contract for the LNG fueled platform supply vessel (PSV) Viking Energy by two years from end April 2016. The contract includes a…
NOVEMBER 3, 2015 — Taking a number of charges, offshore services giant Tidewater Inc. (NYSE: TDW) today reported a second quarter net loss for the period ended September 30, 2015, of $43.8 million, or $0.93…
NOVEMBER 2, 2015 — A 124 m DP3 Dive Support Vessel ordered by Singapore based Jumeirah Offshore Pte. Ltd at China's Huangpu Wenchong Shipyard is to have an extensive package of Rolls-Royce machinery and equipment.
OCTOBER 29, 2015 — Another South Korean shipbuilding giant has been hit with the cancelation of an offshore drilling unit order.
OCTOBER 27, 2015 — Last week Oslo headquartered Fred. Olsen Energy ASA reported that South Korean shipbuilder Hyundai Heavy Industries Co. Ltd. (HHI) wanted another $167 million and more time to complete a semi-submersible drilling…
OCTOBER 26, 2015 — In an SEC fling today, offshore services provider GulfMark Offshore, Inc. (NYSE:GLF) says that, effective November 1, 2015, it will combine the roles of Chief Executive Officer and Chief Operating Officer.
OCTOBER 26, 2015 — In yet another indication of the slowdown in global offshore drilling activity, Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today reported a mutual agreement with customer Shell EP Wells Equipment Wells Services…
OCTOBER 23, 2015—DryShips Inc., Athens, Greece, the largest U.S.-listed dry bulk fleet operator, has inked a deal to acquire about 98% of Nautilus OffShore Services Inc. for a purchase price of $87 million plus the…
OCTOBER 21, 2015 — NEW ORLEANS - The Bureau of Safety and Environmental Enforcement (BSEE) is responding to a report of a fatality yesterday on the Pacific Drilling SA drillship Pacific Santa Ana in the…
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