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by Chris Hughes (Bloomberg) Shipping billionaire John Fredriksen struck a deal to save his Seadrill Ltd oil services company from collapse in 2017. Next year,

by Henning Gloystein (Reuters) – Surveying the ocean floor for oil and natural gas reserves is gradually emerging from a multi-year slump,

By Rod Nickel WINNIPEG, Manitoba, Dec 20 (Reuters) – Canada’s offshore oil industry, a sliver of the country’s crude sector, is drawing

By Chiara Albanese, Sergio Di Pasquale and Kelly Gilblom (Bloomberg) — Eni SpA, Royal Dutch Shell Plc and senior executives will face trial over a $1.1

HOUSTON, Dec 19 (Reuters) – Dense fog halted vessel traffic along the Houston Ship Channel, idling at least 50 vessels in or near the 53-mile (85-km)

By Jack Farchy and Chiara Albanese (Bloomberg) — The oil rig was built mostly in China and drilled its first well in Cuba. Now it’s

PONANT has developed an innovative and environmentally friendly luxury cruise vessel in close cooperation with Aker Arctic and Stirling Design International

By Salma El Wardany (Bloomberg) — Egypt’s Eni SpA-operated Zohr natural gas field has started production, bringing the country closer to its

  By Mikael Holter (Bloomberg) — Statoil ASA gave the final go-ahead to a flagship Arctic oil project after slashing costs by half. While

by Ron Bousso (Reuters) Exxon Mobil is considering a foray into Egypt offshore oil and gas, seeking to replicate rivals’ success in the country and

By Ron Bousso LONDON, Nov 30 (Reuters) – Female employees of Royal Dutch Shell in Britain earned on average 22 percent less than male colleagues, the oil

Netherlands-based offshore company SBM Offshore and its U.S. subsidiary SBM Offshore USA have reached an agreement to pay a criminal penalty of $238 million to

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By Tiffany Kary (Bloomberg) — A battle of so-called bankruptcy tourists is erupting in New York court. On Thursday, New York bankruptcy Judge Martin

By Sveinung Sleire (Bloomberg) — The $1 trillion fund that Norway has amassed pumping oil and gas over two decades wants out of energy stocks. Norway,

Offshore shipping company Atlantic Offshore has secured a two-year charter with Maersk Oil in the UK for the use of the Emergency Response and Rescue (ERRV)

Offshore drilling contractor Pacific Drilling announced on Sunday that it has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the

(Reuters) – Japan’s JERA Co, the fuel-buying joint venture of Tokyo Electric Power and Chubu Electric Power, said it received the first liquefied

Norway’s first offshore oil platform to be remotely operated from land has now come online with the opening of the land-based control room in Bergen,

By Ernest Scheyder and Ron Bousso HOUSTON/LONDON, Nov 8 (Reuters) – Two decades ago, BP set out to transcend oil, adopting a sunburst logo to convey its