Offshore

By Sveinung Sleire (Bloomberg) — Reducing Norway’s oil dependency and living up to campaign promises is proving a costly affair for Prime Minister Erna

Maersk Oil plans to reduce its workforce in Denmark by approximately 160 positions as part of a plan to simplify the organization, the company said this week.

By Mikael Holter (Bloomberg) — Statoil ASA, one of many international oil companies to slash spending during crude’s collapse, is increasing

OTTAWA, Dec 21 (Reuters) – U.S. lawmakers on Wednesday slammed an agreement made with Canada to ban offshore Arctic drilling, saying Ottawa’s plan

Scottish authorities have approved a massive £350 million expansion project for the port of Aberdeen as the port positions itself to handle larger vessels

By Valerie Volcovici and Timothy Gardner WASHINGTON, Dec 20 (Reuters) – U.S. President Barack Obama on Tuesday permanently banned new oil and gas

By Jennifer A. Dlouhy (Bloomberg) — President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic

One person has died and a search and rescue is underway for 9 others missing after a part of an oil installation collapsed in strong winds in the Caspian

Norwegian offshore company Farstad Shipping announced it has picked up an aquaculture contract for its AHTS vessels. The company said Friday it was awarded a

By Sophie Sassard and Ron Bousso LONDON, Nov 28 (Reuters) – Denmark’s A.P. Moller-Maersk and DONG Energy are in talks to merge their oil and gas

By Mikael Holter (Bloomberg) — Oil and gas companies in Norway cut spending forecasts for 2017, deepening what was already a record reduction in offshore

By Laura Hurst and Brian Wingfield (Bloomberg) — A glut of North Sea oil that’s helped depress global prices and heap pressure on OPEC is poised

By Fergus Jensen and Wilda Asmarini JAKARTA, Nov 20 (Reuters) – A well-connected Indonesian marine renewable energy company and OpenHydro, a unit of

By Jennifer A. Dlouhy (Bloomberg) — The Obama administration’s decision to forgo auctions of new oil and gas drilling rights in U.S. Arctic waters

By Paul Burkhardt (Bloomberg) — Drillers burned by a two-year slump in crude prices are slowing exploration of deep-water prospects off the coast of

By Mikael Holter (Bloomberg) — The offshore fleet tending to Norway’s oil industry, already sailing through the worst downturn in a generation, is

By Javier Blas and Anna Hirtenstein (Bloomberg) — If you want a snapshot of what the global energy map will look like under President Donald Trump, look

By Angus MacSwan LONDON, Nov 9 (Reuters) – World leaders offered to work with Donald Trump when he takes over as U.S. president, but expressed anxiety

By Golnar Motevalli, Hashem Kalantari and Javier Blas (Bloomberg) — Iran signed a $4.8 billion natural gas development project with energy giants

France-based Bourbon Offshore is hoping that the market for offshore oil and gas marine services has bottomed out as its fleet utilization rates continued to