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Tuesday, April 10, 2018
offshore platforms
Offshore

Editorial: Bahrain Shale Find Should Put Oil Market on Notice

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

April 10, 2018
Total Views: 83

Monday, April 9, 2018
offshore rig north sea
Offshore

Offshore Giant Awakens: Exxon’s Sweetheart Deal in Guyana Sparks IMF Concern as Deepwater Potential Grows

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

April 9, 2018
Total Views: 104

Friday, April 6, 2018
Johan Sverdrup jacket installation
Offshore

Mega-Projects Seen Becoming Less Mega as Oil Giants Rein In Costs

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.

April 6, 2018
Total Views: 29

drillship
Offshore

U.S. Interior Secretary Sees “Little” Demand for New Offshore Drilling

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

April 6, 2018
Total Views: 62

Tuesday, April 3, 2018
United States’ First Floating Wind Farm Could Be Coming to Northern California
Offshore

United States’ First Floating Wind Farm Could Be Coming to Northern California

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,

April 3, 2018
Total Views: 153

Monday, April 2, 2018
offshore drilling rig brazil
Offshore

Latin American Nations Compete for Capital in Surge of Offshore Oil Auctions

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

April 2, 2018
Total Views: 54

Tuesday, March 27, 2018
chevron jack/st. malo platform
Offshore

Deepwater Oil Starting to Hold Its Own With Shale, Chevron Says

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

March 27, 2018
Total Views: 69

Tuesday, March 20, 2018
rig maintenance bergen norway
Offshore

Faroe Petroleum’s Hunt for North Sea Oil Deals Could See It Double Size in Hot Market

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

March 20, 2018
Total Views: 92

Wednesday, March 14, 2018
prelude flag
Offshore

Shell’s Prelude FLNG Start-Up Plan Risks Losing Gas to Rivals

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

March 14, 2018
Total Views: 110

Friday, March 9, 2018
File photo of an offshore drillship
Offshore

New York Asks for Exclusion from Trump’s Offshore Drilling Plan

March 9 (Reuters) – New York Governor Andrew Cuomo on Friday said he had formally asked for the state to be excluded from a federal offshore drilling

March 9, 2018
Total Views: 65

Tuesday, March 6, 2018
Offshore Oil Rig At Night
Offshore

Pemex Invites Partners Offshore

  by Marianna Parraga (Reuters) – Mexico’s state-run Pemex [PEMX.UL] might bring partners into two heavy crude oilfields in the Gulf’s shallow

March 6, 2018
Total Views: 89

Monday, March 5, 2018
Maersk’s Big Oil Exit Comes With a $1.2 Billion Ball-and-Chain
Offshore

Maersk’s Big Oil Exit Comes With a $1.2 Billion Ball-and-Chain

By Christian Wienberg (Bloomberg) — A.P. Moller-Maersk A/S is about to exit the Danish offshore oil industry that it created half a century ago. But for

March 5, 2018
Total Views: 49

offshore oil rig Statoil
Offshore

As Norway’s Wealth Fund Goes Green, Domestic Firms Struggle to Keep Up

By Alister Doyle Environment Correspondent OSLO, March 5 (Reuters) – Many Norwegian companies lag high standards for reporting their impact on the

March 5, 2018
Total Views: 39

Friday, March 2, 2018
auger tension leg platform
Offshore

How Shell Hid a ‘Whale’ Well Before Placing Mexican Oil Bet

By Ron Bousso and Marianna Parraga LONDON/HOUSTON, March 2 (Reuters) – The gasps in the audience were clearly audible at the auction of

March 2, 2018
Total Views: 86

Thursday, February 22, 2018
jack-up rig
Offshore

Borr Drilling to Acquire Paragon Offshore in Push to Consolidate Jack-Up Rig Market

By Nerijus Adomaitis OSLO, Feb 22 (Reuters) – Offshore rig firm Borr Drilling , controlled by Norwegian investor Tor Olav Troeim, is proposing to

February 22, 2018
Total Views: 130

Wednesday, February 21, 2018
offshore rig north sea
Offshore

Offshore Oil Recovery Beginning in World’s Harshest Environments

By David Wethe (Bloomberg) — Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s

February 21, 2018
Total Views: 43

Tuesday, February 20, 2018
ert platform a fatality
Offshore

Oil Worker Killed on Talos Energy Platform in U.S. Gulf of Mexico

The Bureau of Safety and Environmental Enforcement is conducting an investigation into the fatality of a third-party construction worker in an area of the Gulf

February 20, 2018
Total Views: 284

Friday, February 16, 2018
offshore drilling rig brazil
Offshore

Trump Administration Sets March Date for Largest Oil and Gas Lease Auction in U.S. History

WASHINGTON, Feb 16 (Reuters) – The Trump administration on Friday said it would offer the largest oil and gas offshore auction in U.S. history on March

February 16, 2018
Total Views: 46

Tuesday, February 13, 2018
Johan Castberg FPSO
Offshore

Statoil Awards Contract for Johan Castberg Topsides to Kvaerner

Oslo, Norway-based Kvaerner has been awarded a large contract from Statoil for the construction and installation of the topside structure for the floating

February 13, 2018
Total Views: 110

Thursday, February 8, 2018
Allseas Planning Bigger, More Powerful Version of Record-Setting Pioneering Spirit -Report
Offshore

Allseas Planning Bigger, More Powerful Version of Record-Setting Pioneering Spirit -Report

Swiss offshore engineering company Allseas is said to be planning a bigger version of its famous Pioneering Spirit, the giant offshore installation and

February 8, 2018
Total Views: 411