Offshore

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

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

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

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

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

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

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

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

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

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

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

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

The Norwegian government has announced the opening of more than 860,000 acres of the Norwegian Continental Shelf to offshore wind development. The areas, known

By Lars Erik Taraldsen and Mikael Holter (Bloomberg) –Norway has been talking for years about weaning itself off oil, but the Covid-19 crisis has

By Amy Stillman and Peter Millard (Bloomberg) –Mexico’s state oil giant is suspending contracts with service providers and suppliers, triggering

By William Mathis (Bloomberg) –Scotland, home to a quarter of Europe’s offshore wind resources, is seeking proposals to install turbines off the coast

June 9 (Reuters) – The first major U.S. offshore wind farm, planned for the Massachusetts coast, reached a key permitting milestone on Tuesday with the

HOUSTON, June 8 (Reuters) – Energy companies on Monday began preparations to resume oil and gas production in the U.S. Gulf of Mexico, a day after

Norwegian energy firm Equinor is seeking to halve its global emissions from maritime shipping by 2050 and will work towards developing and promoting

By Shadia Nasralla and Ron Bousso LONDON, June 8 (Reuters) – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of