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Offshore drilling contractor Seadrill Limited announced Monday it has emerged from chapter 11 after successfully completing its commitments under a plan of

By Mikael Holter (Bloomberg) — Oil companies in Norway have more to rejoice about than just higher crude prices: they’re now boasting the best

By Mohamed Mokhashef and Mohammed Ghobari ADEN, June 12 (Reuters) – A Saudi-led coalition geared up on Tuesday for a military assault on

The Norwegian Parliament has approved Equinor’s development and operation plan for the giant Johan Castberg field located in the Barents Sea within

  By Mikael Holter (Bloomberg) — A hedge fund run by a former associate of billionaire John Fredriksen has gained 69 percent in two years

Singapore shipbuilder Keppel will build South East Asia’s first liquefied natural gas bunkering vessel with delivery planned for 2020. FueLNG, a joint

The drilling topside for the giant Johan Sverdrup field has left the shipyard in Haugesund, Norway to meet up with the heavy lift ship Pioneering Spirit for

In the first quarter of 2018, Hebron production averaged 8,200 bbls/d and continues to ramp up ahead of schedule. By Kevin Orland (Bloomberg) —

By John Benny – April 30 (Reuters) – Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion in a deal creating one of

  by Ben Blanchard (Reuters) China first domestically developed aircraft carrier looks set to begin sea trials after pictures appeared on the Chinese

by Teis Jensen (Reuters) – Danish shipping and logistics company DFDS has agreed to buy Turkish freight shipping operator U.N. Ro-Ro from Turkish private

By Robin M. Mills (Bloomberg Prophets) — Bahrain discovered the first oil on the Arab side of the Gulf in 1932. It took a long time for the small

By Kevin Crowley (Bloomberg) — Exxon Mobil Corp. got such a “favorable” deal from Guyana, home to the biggest new deepwater oil play, that the tiny

By Dan Murtaugh (Bloomberg) — The world’s biggest energy companies are ready for big projects again. They just need to be cheaper this time around.

PRINCETON, NJ, April 6 (Reuters) – U.S. Interior Secretary Ryan Zinke said on Friday that he sees little demand from oil and gas companies for new

An offshore wind farm proposed for off the coast of Northern California could become the first in the United States to use floating wind turbines. On Tuesday,

By Marianna Parraga HOUSTON, April 2 (Reuters) – For decades, many Latin America’s oil-producing nations have often shunned investment from

By David Wethe (Bloomberg) — Chevron Corp. is studding the ocean floor with heavy-duty pumping gear as part of an effort to make deepwater oil

By Mikael Holter (Bloomberg) — Faroe Petroleum Plc is hunting for offshore oil and gas assets in Norway and the U.K., with an appetite that could equal

By Perry Williams (Bloomberg) — After a decade planning the world’s largest floating gas export plant, Royal Dutch Shell Plc’s supplies could get