Americas
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Brazil approves 15 firms for March drilling rights auctions
Brazil’s national oil industry regulator has approved 14 companies to be bidders in next month’s round of auctions for oil…
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J C Flowers and Cerberus Capital Management tipped to buy out HSH Nordbank
The Wall Street Journal (WSJ) is reporting that American private equity firms J C Flowers and Cerberus Capital Management have…
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Subsea 7 and Schlumberger poised to form joint venture
Subsea service provider Subsea 7 and oilfield services company Schlumberger have entered into exclusive negotiations to form a joint venture,…
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Borr Drilling buys out Paragon Offshore
Borr Drilling has signed a binding tender agreement to buy all the outstanding shares in Paragon Offshore. The total acquisition…
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BHP Billiton likely to start Trion drilling in fourth quarter
Australian energy company BHP Billiton should begin exploratory drilling at the Trion discovery in the Mexican Gulf of Mexico in…
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Cheniere Energy seeks more LNG slots on the Panama Canal
US gas exporter Cheniere Energy has met with the Panama Canal Authority asking for more slots for its LNG tankers…
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OOCL keeps GSL post-panamax boxship for another year at lower rate
Global Ship Lease has reached an agreement with Hong Kong line OOCL to extend the charter of 8,063 containership .…
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BSEE investigating worker death on Talos Energy platform in Gulf of Mexico
The US Bureau of Safety and Environmental Enforcement (BSEE) said on Tuesday it is looking into the death of a…
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USCG calls off search for chief mate missing from Golden Ocean bulker
The US Coast Guard (USCG) has announced the suspension of search activities for a crewman reported missing from a bulk…
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Milestone as fully-laden Bahri VLCC departs US for China
A milestone was passed on Monday as the very large crude carrier Shaden departed the Louisiana Offshore Oil Port (LOOP)…
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Petrobras extends DOF AHTS contract
Norway’s DOF has agreed an extension with Brazil’s Petrobras for the 1999-built anchor handling tug supply vessel . The extension,…
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Northern Offshore sells semi-submersible to focus on jackups
Texas-based offshore driller Northern Offshore has sold the 1977-built semi-submersible rig to an unnamed party, who will convert the rig…
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Brazilian authorities snag cocaine haul on MSC ship in Port of Santos
An attempt to smuggle bags of cocaine attached to a MSC containership was foiled by officials at the Port of…
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PDVSA losing workers in droves as economic woes take toll
Venezuela’s state oil firm Petroleos de Venezuela SA (PDVSA) is losing workers at a rate of knots with around 10,000…
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John Rynd takes over at Tidewater
US OSV owner Tidewater has appointed John Rynd as its new president and chief executive officer effective March 5. Rynd…
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Fieldwood Energy files for Chapter 11 at same time as buying Noble’s Gulf of Mexico assets
Houston-based oil producer Fieldwood Energy filed for bankruptcy on Thursday at the same time as it announced it was acquiring…
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Washington State may use land lease controls to impede offshore oil plan
Washington State is considering blocking land leases and certain other land usage agreements in an effort to hinder plans for…
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Rowan drillship given early termination by Anadarko
Rowan Companies has been given notice of early termination by Anadarko for 2014-built drillship . The drillship, operating in the…
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S&P positive for most shipping segments bar liners
S&P Global Ratings believes that this year demand in the three main segments of the global shipping industry – dry…
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Keppel confirms new EIG lawsuit filed in the US
Singapore’s Keppel Offshore & Marine has confirmed that it has been served with a summons for a $660m civil case…
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