API’s IM standards boost offshore safety

API is continuing to lead the way on safety

GulfMark emerges from chapter 11 bankruptcy

GulfMark Offshore has completed its financial restructuring plan and emerged from bankruptcy protection under ...

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Ocean Rig's Cayman bankruptcy granted recognition in U.S.

The U.S. Bankruptcy Court has granted recognition of Cayman proceedings as foreign main proceedings to the indebted ...

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CGG files for bankruptcy

French geophysical services company CGG has filed for bankruptcy as part of financial restructuring process to ...

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Paragon 'to emerge from the shadow of bankruptcy'

The U.S. Bankruptcy Court has approved Paragon Offshore’s consensual plan of reorganization under chapter 11 ...

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What is the value of Ocean Rig fleet?

Following a bankruptcy protection filing by the offshore driller Ocean Rig, VesselsValue (VV) has provided its ...

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Ocean Rig files for bankruptcy protection

Offshore driller Ocean Rig has filed for Chapter 15 bankruptcy protection in a United States court amid a prolonged ...

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Viking Supply Ships evades bankruptcy court

Shipping company Viking Supply Ships (VSS) informed on Thursday that Norseman Offshore has withdrawn the petition ...

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Hercules Offshore files for bankruptcy protection

Report Hercules Offshore files for bankruptcy protection once again

Hercules Offshore, a shallow-water offshore drilling contractor, has filed for bankruptcy protection again. The ...

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Helicopter operator CHC files for bankruptcy

CHC Group and certain of its wholly-owned subsidiaries have filed voluntary petitions for relief under Chapter 11 ...

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Hercules Offshore turns the page

Hercules Offshore, a Houston-headquartered offshore drilling contractor, has completed its financial restructuring ...

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Noryards Fosen files for bankruptcy

Noryards Fosen AS has decided to petition for bankruptcy to the Fosen District Court. The company said on Thursday ...

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Bergen Group's pipe business files for bankruptcy

Bergen Group Skarveland AS has resolved a petition for bankruptcy due to lack of new orders and failing results. ...

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Hercules files for bankruptcy protection

Hercules Offshore, Inc., an offshore drilling contractor, announced Thursday that it has filed a pre-packaged plan ...

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Gunvor withdraws PA Resources bankruptcy request

PA Resources, a Sweden-based oil explorer, will continue its restructuring efforts, after its largest creditor and ...

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Bankruptcy for Scana Steel Stavanger

Norway’s Scana Industrier ASA has decided to cease further funding of its subsidiary Scana Steel Stavanger ...

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Cal Dive files for bankruptcy

Offshore oil and gas contractor Cal Dive International, Inc. has, together with its U.S. subsidiaries, filed ...

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Buccaneer files for bankruptcy

Buccaneer Energy Limited and its U.S. subsidiaries filed voluntary petitions for reorganisation under Chapter 11 of ...

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Brazilian Shipbuilder OSX Files for Bankruptcy Protection

OSX Brasil S.A. a Brazilian publicly held corporation which provides equipment and services to the  offshore oil ...

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Norway: Sevan Marine Seeking Ways to Avoid Bankruptcy

  The Board of Directors of Sevan Marine ASA continues to hold constructive dialogue with bondholders and ...

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