Offshore

Get comprehensive coverage of offshore industries, including oil and gas, renewable energy, and subsea operations. Stay informed on the latest offshore and upstream O&G news.


Tuesday, August 4, 2020
VARD Secures Second ABS Approval for Jones Act-Compliant Offshore Wind Service Vessel
Offshore

VARD Secures Second ABS Approval for Jones Act-Compliant Offshore Wind Service Vessel

Naval architect Vard Marine has been awarded its second Approval in Principle from the American Bureau of Shipping for a Jones Act-compliant service operation

August 4, 2020
Total Views: 142

Monday, August 3, 2020
mariner oil field uk north sea
Offshore

U.K. Oil Workers Marooned at Sea May Be Safety Risk, Unions Say

By Ryan Hesketh (Bloomberg) –North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an

August 3, 2020
Total Views: 104

Friday, July 31, 2020
Chevron Big Foot. Photo: Chevron
Offshore

Chevron Reports Massive Q2 Loss on Writedowns

By Jennifer Hiller HOUSTON, July 31 (Reuters) – Chevron Corp on Friday reported an $8.3 billion loss in the second quarter on asset writedowns from

July 31, 2020
Total Views: 87

Thursday, July 23, 2020
Saipem Wins More Offshore Wind Work for Saipem 7000
Offshore

Saipem Wins More Offshore Wind Work for Saipem 7000

Italian oil services giant Saipem has announced multiple new contract awards related to offshore wind projects currently under development off the coasts of

July 23, 2020
Total Views: 909

File photo of an offshore drillship
Offshore

Shell Drills Dry Hole Offshore Brazil, Dimming Hope for Brazilian Oil

By Peter Millard (Bloomberg) –Royal Dutch Shell Plc has just drilled a dry hole in Brazil’s premier offshore region, a sign state-controlled Petrobras

July 23, 2020
Total Views: 272

Wednesday, July 22, 2020
offshore rig
Offshore

U.K. Oil Industry at Odds With Government on Mass Covid Testing

By Ryan Hesketh (Bloomberg) –The U.K. oil and gas industry says blanket testing of its workers is essential to avoid Covid-19 outbreaks offshore, but the

July 22, 2020
Total Views: 23

Tuesday, July 21, 2020
offshore wind
Offshore

New York Wants to Buy Enough Clean Power for 1.5 Million Homes

By Christopher Martin (Bloomberg) –New York Governor Andrew Cuomo is seeking bids for up to 4,000 megawatts of clean energy, enough to power 1.5 million

July 21, 2020
Total Views: 76

offshore rig
Offshore

Chevron’s $5 Billion Deal for Noble Ends Deal Drought

By Arathy S Nair July 21 (Reuters) – Chevron Corp’s surprise $5 billion all-stock deal for oil producer Noble Energy should spell the end of this

July 21, 2020
Total Views: 57

Friday, July 17, 2020
offshore wind farm
Offshore

Norwegian Billionaire Reshapes Oil Empire for Renewable-Energy Future

By Mikael Holter and Lars Erik Taraldsen (Bloomberg) –Billionaire Kjell Inge Rokke is transforming the structure of his business empire as he seeks to

July 17, 2020
Total Views: 138

Wednesday, July 15, 2020
Offshore Oil Platform
Offshore

COVID-19 Is Killing Oil Workers at an Unparalleled Pace in Mexico

By Amy Stillman (Bloomberg) — Of all the companies around the world affected by Covid-19, none has disclosed a worse death toll than Pemex, Mexico’s

July 15, 2020
Total Views: 80

Monday, July 13, 2020
Brazil’s Offshore Oil Workers Face Coronavirus Outbreaks
Offshore

Brazil’s Offshore Oil Workers Face Coronavirus Outbreaks

By Gram Slattery RIO DE JANEIRO, July 13 (Reuters) – On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil’s state-run oil

July 13, 2020
Total Views: 93

Thursday, July 9, 2020
offshore drilling rig
Offshore

Wave of North American Oil and Gas Bankruptcies to Continue at $40 Oil

By Liz Hampton July 9 (Reuters) – A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and

July 9, 2020
Total Views: 81

offshore wind farm
Offshore

Japan to Develop Offshore Wind Farms at 30 Sites in 10 Years, Nikkei Says

TOKYO, July 9 (Reuters) – Japan will craft new rules and support infrastructure in a drive that aims to build offshore wind farms at 30 sites during the

July 9, 2020
Total Views: 34

Friday, July 3, 2020
Total Sends Oil Rig to South Africa for Rare Frontier Drilling
Offshore

Total Sends Oil Rig to South Africa for Rare Frontier Drilling

By Paul Burkhardt (Bloomberg) –Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of

July 3, 2020
Total Views: 431

Thursday, June 25, 2020
Norway’s Full-Scale Carbon Capture Project Could Become Financial Disaster, Report Warns
Offshore

Norway’s Full-Scale Carbon Capture Project Could Become Financial Disaster, Report Warns

By Mikael Holter (Bloomberg) –Norway’s plan for a full-scale carbon capture and storage project could end up a financial disaster, according to a new

June 25, 2020
Total Views: 120

Wednesday, June 24, 2020
offshore wind turbine
Offshore

Japan Launches Auction for Floating Offshore Wind Farm

By Aya Takada (Bloomberg) –Japan officially launched its effort to seek participants in the nation’s first auction for a floating offshore wind farm.

June 24, 2020
Total Views: 133

File photo of an offshore drillship
Offshore

Offshore Drillers Face New Round of Bankruptcies

By Liz Hampton and Nerijus Adomaitis DENVER/OSLO, June 24 (Reuters) – The companies that operate offshore drilling rigs for major oil producers face a

June 24, 2020
Total Views: 197

Tuesday, June 16, 2020
offshore platforms
Offshore

U.K. Offshore Oil and Gas Industry Pledges to Cut Emissions in Half Over Next Decade

By Amanda Jordan and Laura Hurst (Bloomberg) –The U.K. offshore oil and gas industry pledged to cut emissions from its operations by half in the next

June 16, 2020
Total Views: 43

Monday, June 15, 2020
A support vessel is seen next to a wind turbine at the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool, Britain
Offshore

Orsted CEO to Resign After Leading Company in Renewables Transition

By William Mathis (Bloomberg) –The chief executive officer of Orsted A/S will step down by the end of next January, after transforming the former

June 15, 2020
Total Views: 98

BP Writes Off Billions as Covid Redraws Rules of Oil Demand
Offshore

BP Writes Off Billions as Covid Redraws Rules of Oil Demand

By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a

June 15, 2020
Total Views: 38