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BW Offshore Awards SatCom Contract to Orange

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

Halliburton reaches $1.1 billion oil spill settlement

Settlement covers a substantial portion of plaintiff claims arising from largest offshore oil spill in U.S. history

Fogal Retires from Zentech After 57 Years in O&G

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.

BSEE Conducts Oil Spill Response Equipment Review

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,

Halliburton to pay $1.1bn for US Gulf spill

Company reaches settlement for role in Gulf of Mexico oil spill, the largest offshore spill in US history.

Halliburton’s $1.1 Billion Spill Agreement Avoids Bigger Payouts

16 hours agoVehicles / Watercraft : gCaptain

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 to Participate in SMM 2014

  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,

Camac Energy: Significant Catalysts In The 2nd Half Of 2014 Will Reward Investors

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

Obama Opened Floodgates for Offshore Fracking in Recent Gulf of Mexico Lease

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 Pays First Dividend as Demand Boosts Profit

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.

Why Transocean LTD Stock Has Plunged 21% in 2014

Transocean is stuck in a tough time for offshore oil drilling. But its high dividend yield provides nice consolation until its industry conditions improve.

Ensco Looks Attractive At Current Levels

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

3 Reasons Noble Energy's Stock Could Fall

Noble Energy is a big player in both international offshore and domestic onshore oil and gas production. How do its prospects look?

Strategic Marine Debuts Crew Transfer Vessel

Strategic Marine, a specialist shipbuilder for the oil and gas sector, has unveiled its Generation 3 crew transfer vessel for the international offshore markets.

BP Wins Big In Offshore Oil Drilling Lease Auction

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

Oceanografia Ships Sit Idle Amid Losses -Source

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.

Why Ensco PLC Has An Extremely Bright Future

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

Protect Santa Barbara's Coastline from New Oil Drilling

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

Update: LOOP Terminal Shutdown

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,

New Offshore Vessel Management Mobile App

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

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