Offshore

  Norwegian oil major Statoil says it has terminated its contract with the COSL Pioneer semi-submersible drilling rig some 13 months before the expiry

  Norwegian offshore vessel operator Island offshore says it will be reducing working hours for its shoreside employees to avoid layoffs amid the severely

Mexico's state-run oil company, Pemex, confirmed on Monday there was an accident on an oil platform at one of its major operations in the southern Gulf of

  The Bureau of Safety and Environmental Enforcement this week oversaw testing of Shell’s proposed Arctic-ready capping system, a key piece of

Hercules Offshore Inc. plans to put itself into bankruptcy next month in a creditor-supported deal that would wipe out all of its $1.2 billion of

Some 574 Norwegian rig workers could go on strike from next Thursday, potentially reducing oil production, unless a wage settlement is reached during talks

Bermuda-based Seadrill Limited (NYSE: SDRL) has agreed to sell its 6th generation drillship West Polaris to its own subsidiary in a deal that is expected to

China’s anti-corruption investigators continued to zero in on the nation’s oil giants, calling on two of its biggest state-owned companies to review their

Brazil's state-run oil company Petrobras will likely delay details of major cuts to its $221 billion five-year spending plan until July, two sources said, when

  Houston-based international classification society ABS says it has been selected to class a semi-submersible drilling rig and liftboat being built in

Norwegian oil major Statoil has awarded rig firm Odfjell Drilling contracts worth up to $1.04 billion for work on the giant Johan Sverdrup field in the North

Two activists strapped themselves on Friday to the anchor chain of a Shell Royal Dutch Shell vessel docked in Washington state that will be part of a fleet

Pacific Drilling SA, an offshore oil-rig contractor, is gaining notice as a takeover

Chevron Corp. is studying data from its largest-ever seismic survey to decide where to drill for oil in an untapped frontier off southern

  Two-thirds of North Sea oil and gas industry operators (67 percent) have been forced to cancel projects because of the recent fall in oil price,

(Bloomberg) An equipment failure that’s delayed Chevron Corp.’s $5.1 billion Big Foot deepwater oil project will reduce the company’s

The highest-ranking BP Plc executive charged in the 2010 Gulf of Mexico oil spill was found not guilty of lying to investigators in a blow to prosecutors as

by Nerijus Adomaitis, TROLL A PLATFORM, North Sea (Reuters) – Norwegian energy firm Statoil sees some signs of gas demand in Europe recovering after

by Sabrina Valle (Bloomberg) Prosecutors investigating Brazil’s largest corruption scandal say they notified the U.S. Department of Justice of evidence that

by Ehab Farouk and Ahmed Aboulenein (Reuters) – Egypt’s oil ministry said on Monday it had signed an energy exploration deal with Italy’s Eni