Expro announced the signing of a $100 million, multi-year contract with TS Marine Asia Pacific to supply the Havila Phoenix vessel.

ABB won an order worth $20m to provide complete power systems, drilling drive and propulsion systems for a new deep water drilling rig to be built by Daewoo Shipbuilding and Marine Engineering (DSME) at its shipyard in South Korea. The end customer is Brazilian ship owner Petroserv, who will operate the drilling rig for Petrobras. The rig is scheduled to be commissioned by early 2012.

AFP - BP partner Anadarko has been billed 1.2 billion dollars to clean up the Gulf of Mexico oil spill, but will refuse to pay, according to company documents.

The deepwater drilling ban in the U.S. Gulf of Mexico may end well in advance of its Nov. 30 expiration date, Bromwich was quoted saying.

The final investment decision for the planned Nabucco gas pipeline will be made in the first quarter of next year at the latest, an executive with Nabucco shareholder OMV said today.

Oil fell for the first day in five today as a rally that drove prices to three-month highs near $83 a day earlier ran out of steam, while industry data showed US gasoline stockpiles rose unexpectedly last week.

Oslo-listed TGS has chartered Fugro’s vessel Geo-Caribbean to acquire over 10,000 square kilometres of 3D seismic in West Africa.

On July 9, 2010 Estaleiro Promar S.A. signed eight contracts to build LPG Carriers for Transpetro, the shipping arm of the Brazilian oil giant Petrobras. The contracts amounts $536m, comprising the construction of two different types of LPG Carriers: fully pressurized with cargo capacity of 7.000 m3 (4 units) and 4.000 m3 (2 units) and semi-refrigerated with cargo capacity of 12.000 m3 (2 units).

Saipem America's Chloe Candies vessel spread will be available for work in August 2010. The Chloe Candies is a U.S. Flagged, 280-ft Class II DP vessel with 8,000 sq.

Due to a malfunctioning bow thruster, a 334 metre container vessel had to use the services of a tug boat for port maneuvering, so its owners requested Hydrex to take care of the removal, transportation and reinstallation of the unit.

At least eight people have been injured after a tornado struck a German island in the North Sea.

Shares in Falkland Oil & Gas (FOGL) have fallen sharply after the company said it would give up on one of its oil wells, not far off the coast of the South Falklands.

Passengers on a pleasure cruiser sing karaoke while waiting to be rescued from the River Tyne when the vessel breaks down.

Most Iran Air jets will be banned from flying to the EU because of safety concerns, the European Commission says.