BHP Divests Neptune Stake in Deepwater Gulf of Mexico
BHP announced Friday it has sold its 35 percent stake and will turn over the operation of the Neptune oil and gas field in the deepwater Gulf of Mexico
BHP announced Friday it has sold its 35 percent stake and will turn over the operation of the Neptune oil and gas field in the deepwater Gulf of Mexico
By Timothy Gardner, Andrea Shalal and Steve Holland WASHINGTON, May 19 (Reuters) – The Biden administration waived sanctions on the company behind
By Nina Chestney LONDON, May 18 (Reuters) – Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero
The U.S. Coast Guard said 44 vessels with a total of 709 barges are now in the queue as a 1-miles stretch of the Mississippi River remains closed after
By Mike Jeffers and William Turton (Bloomberg) — The largest gasoline pipeline in America is returning to service, recovering from a cyberattack
The Biden Administration today announced the approval for the construction and operation of Vineyard Wind, the nation’s first large-scale offshore wind
Keppel Offshore & Marine has been awarded a $2.3 billion contract to build a Floating Production, Storage and Offloading (FPSO) vessel for Brazil’s
By Nathaniel Bullard (Bloomberg) — Last week a raft of oil majors released their first-quarter results, with companies like Royal Dutch Shell
Leading offshore drilling contractor Valaris Group has emerged from Chapter 11 bankruptcy having successfully completed its financial restructuring to
The Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has announced an environmental review and public comment period for the
By William Mathis (Bloomberg) — Building power plants in the middle of the sea was never going to be easy. The world’s largest developer of offshore
By Maciej Martewicz (Bloomberg) — Siemens Gamesa Renewable Energy SA sees huge potential for offshore wind in the Baltic Sea as the world’s
COPENHAGEN, April 22 (Reuters) – Wind farm developer Orsted plans to submit a joint bid with Danish pension fund ATP to finance and build the
April 16 (Reuters) – The U.S. Interior Department on Friday sought to erase the Trump administration’s pro-fossil fuels legacy from the
By Jennifer A. Dlouhy (Bloomberg) — Tommy Beaudreau, a veteran of the Interior Department who charted new restrictions for Arctic oil drilling under
By Josh Saul and Kevin Crowley (Bloomberg) — Chevron Corp.’s venture capital arm and Moreld Ocean Wind agreed to invest in Ocergy Inc.’s development
A former senior engineer on board a Transocean drillship in the U.S. Gulf of Mexico has filed a civil lawsuit alleging the offshore drilling contractor and its
South Korean shipbuilder Samsung Heavy Industries has unveiled a new proprietary Wind Turbine Installation Vessel (WTIV) design that the shipyard will market
BEIJING, April 8 (Reuters) – China has drilled deep in the South China Sea to retrieve sediment core from the seabed, state media reported on Thursday,
By Susanna Twidale and Nora Buli LONDON, April 7 (Reuters) – Global competition for offshore wind power is so hot that license auctions now
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