HOS offering raises $241.5 million

Hornbeck Offshore Services, Inc. (NYSE: HOS) reports that its has closed its underwritten public offeringof 8,050,000 shares of its common stock at a price to the public of $30.00 per share, for

BOEM approves first BP offshore exploration plan since Deepwater Horizon incident

The Bureau of Ocean Energy Management (BOEM) has approved a supplemental Exploration Plan (EP) submitted by BP for deepwater oil and gas activities. BOEM conducted a site-specific Environmental Assessment (EA) of the

Cecon still plans to ink final contract to complete newbuilds at Davie

Norway’s Cecon ASA still believes that what is now Chantier Davie Canada, Inc., Lévis, Québec, Canada, will complete the three newbuild offshore construction vessels it has on order at the shipyard “Further

GulfMark Offshore orders three more PSV’s

GulfMark Offshore, Inc. (NYSE: GLF) is adding three vessels to the vessel construction program it announced in August. The construction program is designed to provide the company with vessels of the right

Rolls-Royce to design and equip Brasil Supply OSV newbuilds

Rolls-Royce is to design and equip two UT 735 SE offshore supply vessels for Brasil Supply S.A., which is headquartered in Vitória, State of Espírito Santo, Brazil. The order is worth GBP15

Strong results for Petrobras

Brazilian state-owned oil giant Petrobras announced its results for the first half of 2011, showing net income of R$21.928 billion (about $13.595 billion), an increase of 37 percent over the same period

National Oilwell Varco gets $1.5 billion drillship equipment contract

Houston headquartered National Oilwell Varco, Inc. (NYSE: NOV) reports that it has signed contracts to supply drilling equipment packages for seven drillships to Brazilian shipbuilder Estaleiro Atlântico Sul (“EAS”), including drilling riser

Sinopacific delivers first PX105 to Bourbon Offshore Norway

China’s Zhejiang Shipbuilding Co., Ltd. an affiliate of Sinopacific Shipbuilding Group, has delivered Bourbon Front, the first Ulstein PX105 platform supply vessel, to Bourbon Offshore Norway. As well as the Ulstein X-bow,

Jurong Shipyard delivers harsh environment jack-up

North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has taken delivery of the new harsh environment jack-up drilling rig, West Elara from Sembcorp Marine’s Jurong Shipyard in Singapore.

Shell gets conditional approval for Beaufort Sea exploration plan

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today issued conditional approval for a revised Exploration Plan (EP) submitted by Shell Offshore Inc. (Shell). The plan outlines Shell’s proposal to

LOAD MORE