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By Alex Nussbaum (Bloomberg) — With $2.7 billion in oilfield sales this week, Hess Corp. is making a calculated bet, giving up steady production today to

This column does not necessarily reflect the opinion of gCaptain. By Stephen Mihm (Bloomberg View) — Repealing the so-called Jones Act, which is slowing

Henning Gloystein (Reuters) – Oil prices dipped on Wednesday as crude demand remained subdued on the back of refinery closures following Hurricane Harvey

By Matthew Tostevin HANOI, Aug 14 (Reuters) – The drilling ship at the center of a row between Vietnam and China over oil prospecting in disputed waters

Norwegian oil company Statoil announced Monday that its two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland did not result in

By Weixin Zha and Anna Shiryaevskaya (Bloomberg) Hidden by pine forests near the deserted site of what was once East Germany’s biggest nuclear reactor, two

Five people were injured Wednesday when a seismic research vessel crashed into an offshore platform in the Caspian Sea, Azerbaijan’s state oil company

Donald Trump will tout surging U.S. exports of oil and natural gas during a week of events aimed at highlighting the country’s growing energy dominance.

DHAKA, June 13 (Reuters) – Three bodies were recovered on Tuesday from the Bay of Bengal, where 86 fishermen remain missing after a cyclonic storm in the

Aberdeen-based Stena Drilling says it has canceled a newbuilding contract for a semi-submersible drilling rig it had on order at South Korea’s Samsung

OSLO, June 1 (Reuters) – Norway’s biggest oil workers’ union reached a wage deal with offshore rig owners on Thursday, averting the risk of a

By Abhishek Vishnoi and Kyunghee Park (Bloomberg) — The world’s second-largest shipbuilder has split itself into four companies, a move that would

By Shelley Goldberg (Bloomberg Prophets) — The slogan “Made in the U.S.A.” resonates with Americans, except when there’s too much of a given

By Jennifer A. Dlouhy (Bloomberg) — President Donald Trump is moving aggressively to expand offshore oil drilling and to reconsider rules that

by Jess Shankleman (Bloomberg) Offshore wind turbines are about to become higher than the Eiffel Tower, allowing the industry to supply subsidy-free clean

by Justin Bachman (Bloomberg) At the helicopter industry’s largest trade show last week, dozens of aircraft were parked over 7 acres of Dallas convention

The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semi-submersible

OSLO, March 13 (Reuters) – Billionaire investor John Fredriksen has agreed to buy an oil drilling vessel from South Korean shipyard Hyundai Samho Heavy

  ABS, a leading provider of classification and technical services to the marine and offshore industries, has granted Approval in Principle (AIP) for the

By Mikael Holter (Bloomberg) — Cost cuts are painful, but for Norway’s oil industry making every penny count has also yielded a surprising