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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

By Mikael Holter (Bloomberg) — Statoil ASA, one of many international oil companies to slash spending during crude’s collapse, is increasing

One person has died and a search and rescue is underway for 9 others missing after a part of an oil installation collapsed in strong winds in the Caspian

By Mikael Holter (Bloomberg) — Oil and gas companies in Norway cut spending forecasts for 2017, deepening what was already a record reduction in offshore

By Paul Burkhardt (Bloomberg) — Drillers burned by a two-year slump in crude prices are slowing exploration of deep-water prospects off the coast of

By Aibing Guo (Bloomberg) — Cnooc Ltd., China’s biggest offshore oil and gas producer, posted a 15 percent fall in third-quarter sales as output

Maersk Drilling has announced that it is reducing its headcount at its main office in Copenhagen by about 70 positions. “This is a response to the