API’s IM standards boost offshore safety

API is continuing to lead the way on safety

GoM Spill: BP’s Total Claims Payments Top $256 Million

BP to pay an estimated $60 million in advance payments in August. BP said it estimates it will pay at least $60 ...

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USA: Tidewater Elects Morris E. Foster to its Board of ...

Tidewater announced the election of Morris E. Foster to its Board of Directors for a term expiring in July 2011. ...

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Vulcan Minerals Reaches Agreement With Investcan Energy ...

Vulcan Minerals Inc. has reached a deal with Investcan Energy to pay its share of costs for seismic survey ...

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USA: Baker Hughes Appoints Martin Craighead President ...

Baker Hughes Incorporated  announced today that effective immediately, Martin Craighead is promoted to the position ...

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Canada: Husky Energy Announces Management Changes

The Board of Directors of Husky Energy Inc. announces the appointment of Mr. Stephen Bradley, Mr. Frederick Ma and ...

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USA: Boat Crashes into Well Causing Oil to Spew into Air

The US Coast Guard dispatched emergency teams Tuesday after a boat crashed into an oil well off the coast of New ...

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Mexico: Global Industries Bags Contract for Pipeline ...

Global Industries, Ltd. announced today that it has been awarded a project from Petroleos Mexicanos (Pemex) for ...

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Canada: Talisman Energy Reports $812 Million in Cash Flow

Talisman Energy Inc.  reported its operating and financial results for the second quarter of 2010. – Cash ...

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Bermuda: Northern Offshore Names New President and CEO

Northern Offshore, Ltd. announced today that Mr. Gary W. Casswell has been appointed by the directors to serve as ...

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USA: Vantage Drilling Rejects Take-over Proposal

Vantage Drilling Company  received an unsolicited proposal to acquire all the outstanding shares of the Company at ...

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Alaska: Buccaneer Energy Limited Operational Update On ...

Buccaneer Energy Limited  provides the following update on its offshore operations in the Cook Inlet, Alaska that ...

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BP CEO Tony Hayward to Step Down and be Succeeded by ...

BP today announced that, by mutual agreement with the BP board, Tony Hayward is to step down as group chief ...

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USA: FMC Technologies Reports Second Quarter 2010 ...

FMC Technologies Reports Second Quarter 2010 Diluted Earnings per Share of $0.78 Highlights: *Strong subsea orders ...

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Brazil: Petrobras Awards ROV Contract Worth US $50 ...

Subsea 7 Inc. , through its i-Tech division, today announced the award by Petroléo Brasileiro S/A (Petrobras) of a ...

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GoM Spill: Development Driller III Drilling Rig Returns ...

BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. ...

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USA: Spectrum ASA appoints Richie Miller as President ...

Spectrum ASA announced today the appointment of Richie Miller as President of Spectrum Geo Inc in Houston, Texas a ...

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USA: Enbridge Corp. Moves Workers from Offshore Pipelines

Pipeline company Enbridge Corp. said yesterday it will remove 20 to 30 non-essential personnel from offshore ...

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Schlumberger Earns $5.94 Billion in 2nd Quarter, 2010

Schlumberger Limited  today reported second-quarter 2010 revenue of  $5.94 billion versus $5.60 billion in the ...

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USA: BP Suspends Relief Well Activities. Tropical Storm ...

BP today provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico. ...

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USA: Diamond Offshore Drilling Announces Second Quarter ...

Diamond Offshore Drilling, Inc. today reported net income for the second quarter of 2010 of $224.4 million, or ...

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Fugro Clinches Long Term Diving Contract in Brazil ...

Fugro Brasil – Serviços Submarinos e Levantamentos Ltda. has been awarded a long term diving contract by Otto ...

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Alaska: Federal Judge Halts All Oil and Gas Activities ...

A federal judge on Wednesday stopped companies from developing oil and gas wells on billions of dollars in leases ...

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USA: 4 Oil Giants Plan to Develop New Oil Spill ...

A plan to build and deploy a rapid response system that will be available to capture and contain oil in the event ...

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Vantage Drilling Company to Manage the Construction and ...

Vantage Drilling Company today announced that it has signed a definitive agreement to supervise and manage the ...

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USA: Tidewater Preannounces Preliminary Results for ...

Tidewater Inc.  announced today that fiscal first quarter financial results for the three months ended June 30, ...

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USA: Drilling Moratorium to Triger a Loss of More than ...

Louisiana State University Endowed Chair of Banking and nationally-renowned economist Dr. Joseph R. Mason estimates ...

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Keppel Bags $124 million Worth of Brazilian Projects ...

Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel Shipyard Limited (Keppel Shipyard) and Keppel ...

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