The Gulf of Mexico Has a $30 Billion Unplugged Oil Well Problem
(Bloomberg) — In the roughly 160 years since Edwin Drake drilled the first US oil well in the hills of northwestern Pennsylvania, more than 4.5 million
(Bloomberg) — In the roughly 160 years since Edwin Drake drilled the first US oil well in the hills of northwestern Pennsylvania, more than 4.5 million
By Sabrina Valle HOUSTON, May 1 (Reuters) – After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new
BP has announced the successful start of oil production at its Argos offshore platform in the U.S. Gulf of Mexico, the company’ first new production
Offshore workers employed by Sparrows Offshore Services have successfully negotiated a deal, ending planned strike action that was scheduled for later this
March 3 (Reuters) – About 50 offshore workers on BP North Sea installations have backed strike action in a dispute over pay and overtime rates,
By Ron Bousso LONDON, Feb 16 (Reuters) – BP is set to hire over 100 employees to its offshore wind division as the energy company rapidly expands
By William Mathis (Bloomberg) — BP Plc said it will cut oil and gas output more slowly this decade after the supply disruption caused by Russia’s
Maersk Supply Service will order second Wind Turbine Installation Vessel (WTIV) after securing an additional contract to install wind turbines at a U.S.
The offshore wind joint venture between Equinor and BP, Empire Offshore Wind, has awarded a long-term charter to Louisiana-based Edison Chouest Offshore (ECO)
Dutch crane vessel specialist Heerema Marine Contractors has been selected for the installation of wind turbine foundations and offshore substations for the
Norway’s Equinor says it has closed its previously disclosed agreement with BP to sell 50 percent stakes in its Empire Wind and Beacon Wind projects,
BP ($BP) cuts in oil exploration could hurt struggling offshore exploration companies like Transocean ($RIG). UK oil major BP has drastically scaled back the
By Ron Bousso LONDON, Jan 15 (Reuters) – France’s Total SE on Friday became the first major global energy company to quit the main U.S. oil and gas
By Laura Hurst (Bloomberg) — Two of Europe’s largest energy companies, BP Plc and Orsted A/S, said they’d join to develop an industrial-scale
By Laura Sanicola Oct 16 (Reuters) – The problem-plagued Limetree Bay refinery in St. Croix, Virgin Islands, may lose its main supplier of crude, oil
British petroleum giant BP is making its first move into the growing offshore wind market by partnering up Norway’s Equinor to develop offshore wind
By Florence Tan and Roslan Khasawneh SINGAPORE, Sept 10 (Reuters) – Oil major BP has provisionally chartered a supertanker to store crude oil off
By Laura Hurst and Amanda Jordan (Bloomberg) –BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a
By Shadia Nasralla and Ron Bousso LONDON, June 8 (Reuters) – BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of
By Jessica Resnick-Ault and Yareth Rosen NEW YORK/ANCHORAGE, Alaska, April 1 (Reuters) – Several workers on a BP Plc oil platform in the U.S. Gulf of
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