north sea

By Tom Bergin LONDON, May 13 (Reuters) – A planned change in the way Britain taxes North Sea drillers exposes the loophole in a system that allowed an

Britain has launched its 28th tender for oil and gas licenses, opening up new offshore areas to drilling for fossil fuels that generate important tax revenue

Statoil ASA lowered the resource estimate for the Johan Sverdrup oil discovery and delayed the start of production by about a year in a setback for the biggest

The Grampian Protector, a 44-meter Emergency Response and Rescue Vessel was working in the North Sea last week during the nasty storm Xaver. One of the

Hurricane-force Storm Xaver blasted towards mainland Europe on Thursday after cutting transport and power in northern Britain and killing three people in what

A search is underway in the North Sea for three missing from a standby security vessel that sank Monday morning following a collision with a fishing

Britain's aviation regulator on Tuesday launched a review into offshore helicopter operations in the North Sea, a month after four oil workers were killed when

Luxembourg – September 4, 2013 – Subsea 7 S.A. (Oslo Børs: SUBC) today announced the award of a contract valued at approximately $140 million

By Balazs Koranyi and Michael Shields OSLO/VIENNA, Aug 19 (Reuters) – Norway’s Statoil sold stakes in North Sea oil fields to Austria’s OMV

By Inti Landauro PARIS–Lutz Bertling, the chief executive of Eurocopter, the world’s largest helicopter manufacturer, expects its EC225 aircraft,

LONDON–Oil prospecting in the U.K. North Sea has experienced renewed vigor and there is a positive outlook for 2013 activity, according to a report

DUBAI, Jan 16 (Reuters) – Abu Dhabi oil company TAQA said it had no restart date for oil output stopped after a leak at its North Sea Cormorant Alpha

DUBAI, Jan 15 (Reuters) – Abu Dhabi National Energy Co (TAQA) confirmed the shutdown of one of its platforms in the UK North Sea, after discovering oil

Statoil ASA, Norway’s biggest oil and gas producer, will invest more than $7 billion in its Mariner project, the largest offshore development in the U.K.

At approximately 0500 hrs local time on Saturday, the offshore support vessel VOS Sailor suffered damage and was disabled in severe weather conditions in the

Subsea 7 S.A. (Oslo Børs:SUBC) said Thursday that they have been awarded an $800 million subsea, umbilical, riser and flowline (SURF) contract from Total

An initial investigation into a helicopter crash in the North Sea earlier this week has found indications that the aircraft’s main gearbox lubrication

LONDON–An oil-services helicopter crashed into the North Sea Monday with 19 people on board, the U.K. coastguard and the operating company said Monday.

Dusseldorf – German consumers are paying millions of euros to link the national power grid to windmills in the North Sea that haven’t yet been

— By Gregory Lewis and Anthony Sibilia, Barron’s Online Is the midwater-rig market poised for a pickup? We think so! Increasing demand for midwater