Provider of floating production services to the oil and gas industry, BW Offshore, says it has signed a 5-year, $12 million contract with Orange Business Services
Settlement covers a substantial portion of plaintiff claims arising from largest offshore oil spill in U.S. history
Robert “Bob” “Sonny” Fogal, Jr., one of the icons in the offshore oil and gas industry, has decided to retire from front-line work as Zentech’s Director of Business Development.
Earlier this week, BSEE's Oil Spill Response Division (OSRD) conducted an onsite review of oil spill response equipment listed in DCOR, LLC's Oil Spill Response Plan for platforms offshore Long Beach,
Company reaches settlement for role in Gulf of Mexico oil spill, the largest offshore spill in US history.
Halliburton Co.’s agreement to pay $1.1 billion to settle most of the lawsuits over its role in the biggest U.S. offshore oil spill helps it avoid billions more in potential penalties down the road. The post Halliburton’s $1.1 Billion Spill Agreement Avoids Bigger Payouts appeared first on gCaptain Maritime & Offshore News.
Drydocks World, the leading provider of maritime and offshore services to the shipping, oil, gas, and energy sectors, will participate in the prestigious 26th edition of Shipbuilding,
By MTF Investing: I have been following CAMAC Energy Inc. (NYSEMKT:CAK) for several years now and writing about the company over the past year as it has transformed from a minority-interest partner in offshore Nigerian oil exploration to an operating company on the verge of significant production. Show More Summary
In little-noticed news arising out of a recent Gulf of Mexico offshore oil and gas lease held by the U.S. Department of Interior's Bureau of Ocean Energy Management, the floodgates have opened for Gulf offshore hydraulic fracturing (“fracking”). With...Show More Summary
Gulf Marine Services, a provider of support vessels for offshore oil exploration, is to pay its first dividend after interim profit rose amid strong demand. The post Gulf Marine Pays First Dividend as Demand Boosts Profit appeared first on gCaptain Maritime & Offshore News.
Transocean is stuck in a tough time for offshore oil drilling. But its high dividend yield provides nice consolation until its industry conditions improve.
By Economics Fanatic: Ensco (NYSE:ESV), which provides offshore contract drilling service to the oil & gas industry, is an attractive investment option to consider at these levels. This article elaborates on this conclusion and discusses...Show More Summary
Noble Energy is a big player in both international offshore and domestic onshore oil and gas production. How do its prospects look?
Strategic Marine, a specialist shipbuilder for the oil and gas sector, has unveiled its Generation 3 crew transfer vessel for the international offshore markets.
For all of his administration’s tough talk on protecting our environment, President Obama doesn’t seem to have any problem increasing the nation’s dependence on dirty energy. Earlier this year, the Obama administration announced plans...Show More Summary
Mexico’s takeover of Oceanografia SA is proving anything but a rescue for the oil services provider. The post Oceanografia Ships Sit Idle Amid Losses -Source appeared first on gCaptain Maritime & Offshore News.
By Bob Ciura: Over the past year, oil drillers like Ensco (NYSE:ESV) have been punished by the market. Investors seem to fear the near-term outlook for offshore oil drilling, noting lagging industry demand from oil companies and a global supply glut. Show More Summary
Forty-five years ago, 100,000 barrels of crude oil fouled more than 39 miles of the California coastline from Ventura to Goleta, just west of Santa Barbara. The 1969 Santa Barbara oil spill was the first offshore disaster of its kind,...Show More Summary
LOOP's Offshore Marine Terminal suspended its crude oil offloading operations on August 13 while investigating an oil sheen discovered along the pipeline. According to the terminal,
Telerik says that its customer Bhagwan Marine, a leader in servicing the oil and gas industry, together with partner, Glenfield Digital Group, has released the