offshore drilling

Stena Drilling has pleaded guilty in Australia to charges related to a fatal accident on board its Stena Clyde semi-submersible drilling rig in 2012 in which

by Ehab Farouk and Ahmed Aboulenein (Reuters) – Egypt’s oil ministry said on Monday it had signed an energy exploration deal with Italy’s Eni

byBen Sharples (Bloomberg) — Oil traded near $60 a barrel as companies in the U.S. reduced the number of active rigs by the slowest pace since

The oil drilling industry faces a wave of take-overs in the next two years as crude prices are expected to remain under $85 per barrel, said Claus Hemmingsen,

"Offshore energy exploration and production could be an economic game changer for South Carolina," says Congressman Jeff Duncan (R-SC) in a press statement

The Obama administration on Tuesday proposed allowing for the first time oil and gas exploration in a wide swath of U.S. waters off the Atlantic

The U.S. Interior Department will lay a framework as soon as Tuesday for oil exploration in the nation’s coastal waters in a five-year plan that is expected

Offshore oil-drilling contractors, who last year were able to charge record rates for their vessels, are now under pressure to scrap old rigs at an

Global oil and gas exploration projects worth more than $150 billion are likely to be put on hold next year as plunging oil prices render them uneconomic, data

Norway's Statoil risks millions of dollars in extra costs in Canada - a test case that could spell problems for other oil firms too as coastal states extend

In a bold move of aggression on Saturday morning, Spanish Navy rigid-hulled inflatable boats repeatedly slammed into Greenpeace protesters off the Canary

For the Transocean Spitsbergen and the Songa Trym, 2014 will end mid-November. Due to overcapacity in Statoil’s rig portfolio, the company has decided

For the past 70 to 80 days, a meander of the North Atlantic gyre has put offshore drilling on hold for many deepwater drilling rigs within the Green Canyon,

Platform drilling firm Archer Limited announced today that it will continue drilling operations at the Greater Ekofisk area for at least another five years as

ST PETERSBURG, Russia/OSLO, May 24 (Reuters) – Russia’s Rosneft could buy a controlling stake in the world’s largest offshore driller,

By Balazs Koranyi OSLO, May 22 (Reuters) – The global offshore drilling market’s dip could be longer than previously expected and charter rates

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

Bergen-based drilling contractor Norshore has secured work for its first newbuild mini-drillship Norshore Atlantic as part of a top-hole drilling contract with

By Aziz El Yaakoubi MARRAKESH, Morocco, April 29 (Reuters) – Morocco will drill 30 oil and gas wells in 2014 as part of the North African kingdom’s

According to data obtained by gCaptain, a dozen newly-built offshore drilling rigs will commence operations in the Gulf of Mexico (GoM) this year while five