Offshore

By Will Mathis (Bloomberg) — The turbine inventor Henrik Stiesdal is small in the shadows of gigantic curves of steel, watching workers weld towers that

By Peter Millard, Laura Hurst and David Wethe (Bloomberg) –Aging offshore oil wells that once brought market prominence to Europe, the U.S. Gulf and

By William Mathis (Bloomberg) — Swedish energy company Vattenfall AB is going ahead with building one of the world’s largest offshore wind farms and

By Patricia Zengerle and Timothy Gardner WASHINGTON, June 3 (Reuters) – U.S. senators will announce a bill this week expanding sanctions on

By Francois de Beaupuy (Bloomberg) — Electricite de France SA and its Canadian and German partners have finalized the funding of a 2-billion euro ($2.23

By Brian K. Sullivan (Bloomberg) –Tropical Storm Cristobal, now gaining strength in the southern Gulf of Mexico, could grow into a hurricane as it moves

Subsea 7 has released details of its cost reduction program which it alluded to in its first quarter earnings report released April 30. As previously

ACCRA, May 29 (Reuters) – Fifty-eight workers tested positive for COVID-19 at an oil production facility run by Tullow Oil off Ghana’s Atlantic

By Kevin Crowley and Rachel Adams-Heard (Bloomberg) –Chevron Corp. is planning a 10% to 15% reduction in its global workforce this year, the biggest cut

By Gram Slattery and Marta Nogueira RIO DE JANEIRO, May 26 (Reuters) – Norway’s Equinor ASA , Brazil’s Dommo Energia SA and Anglo-French firm

By William Mathis (Bloomberg) — Siemens Gamesa Renewable Energy SA, the Spanish wind turbine manufacturer, is to build what will be the world’s biggest

(Bloomberg) — Oil rose to levels not seen since Covid-19 lockdowns paralyzed the world’s largest economy, lifted by signs of recovering demand and

With COVID19 wreaking havoc in the stock market, you might think that travel or tourism stock might be the biggest losers of the past decade. But, according to

A trio of oil industry majors have made a historic investment decision on a large-scale offshore carbon capture and storage project offshore Norway seen as

  Without a doubt, the highest quality, most interesting, maritime and offshore videos of today are produced by Wendover Productions. Seriously, Go

By Javier Blas (Bloomberg) — Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy

By Jeremy Hodges and Anna Shiryaevskaya (Bloomberg) — European utilities with bulging renewable energy portfolios are showing that the way out of the

By Helen Robertson (Bloomberg) — The U.K.’s oil and gas industry could lose as many as 30,000 jobs over the next 12–18 months and see drilling

Maersk Drilling says it is taking steps to reduce its offshore crew pool as it stacks North Sea rigs in light of the COVID-19 pandemic and crash in oil

By David Wethe and Jeremy Hill (Bloomberg) — Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an