Fast and Lean: How North Sea Oil Is Taking Tips From U.S. Shale
By Eddie Spence (Bloomberg) –The U.S. oil boom changed the petroleum industry forever. Now its philosophy is being adopted by conventional producers in
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By Eddie Spence (Bloomberg) –The U.S. oil boom changed the petroleum industry forever. Now its philosophy is being adopted by conventional producers in
By Erwin Seba HOUSTON, July 15 (Reuters) – U.S. oil companies on Monday began restoring some of the nearly 74% production that was shut at U.S. Gulf of
By Archana Narayanan and Alaa Shahine (Bloomberg) –DP World Plc is hiring banks to raise about $1 billion of bonds to finance the acquisition of Topaz
Royal Dutch Shell has confirmed two fatalities from an accident during a routine lifeboat drill at its Auger tension leg platform in the U.S. Gulf of Mexico on
By Susanna Twidale LONDON, June 27 (Reuters) – Britain’s new target to reach net zero greenhouse gas emissions by 2050 became law on Thursday,
By Christopher Martin (Bloomberg) — New Jersey awarded a contract to Denmark-based Orsted A/S to provide power from a wind farm it’s planning in the
Canada-based Atlantic Towing has entered into a contract with Norwegian ship technology group Havyard for the purchase of a state-of-the-art hybrid
By Valerie Volcovici WASHINGTON, June 11 (Reuters) – A coalition of environmental groups on Tuesday filed a lawsuit challenging the U.S. Interior
The long-awaited first shipment of liquefied natural gas has sailed from Shell’s massive Prelude FLNG facility that is now permanently moored off the
An offshore supply vessel collided with Equinor’s Statfjord A platform in the North Sea on Friday, forcing the evacuation of the platform but no injuries
By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is poised to relax offshore drilling requirements imposed in response to the
By Jennifer Hiller HOUSTON, April 24 (Reuters) – Oil and gas producer Occidental Petroleum Corp on Wednesday made a $57 billion bid for Anadarko
SINGAPORE, April 18 (Reuters) – Singapore conglomerate Keppel Corp is planning to 1,800 staff this year at its offshore and marine business, the first
By Valerie Volcovici April 17 (Reuters) – South Carolina’s Republican-majority Senate is poised to advance a measure this week that would require
By John Benny and Jennifer Hiller April 12 (Reuters) – Chevron Corp on Friday said it will buy Anadarko Petroleum Corp for $33 billion in cash and
The previously announced merger between offshore drillers Ensco plc and Rowan Companies closed Thursday with overwhelming support from each company’s
By Nerijus Adomaitis OSLO, April 10 (Reuters) – The operator of the Mariner heavy oil field, one of Britain’s largest offshore developments in
By Mikael Holter (Bloomberg) — Norway should set a deadline for its oil industry to become completely emissions-free, the leader of the country’s
COPENHAGEN, April 4 (Reuters) – A.P. Moller-Maersk spun off its oil and gas drilling unit and listed it separately on the Copenhagen stock exchange on
By Kelly Gilblom, Dinesh Nair and Chiara Albanese (Bloomberg) — Italian oil field services firm Saipem SpA is in discussions to sell both its offshore
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