offshore drilling

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is taking a major step toward allowing a first-in-a-generation seismic search for oil and

By John Benny Oct 15 (Reuters) – Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs

Norwegian energy giant Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped

By Amy Stillman (Bloomberg) — Mexico’s oil auction winners BHP Billiton Ltd and DEA Deutsche Erdoel AG are hopeful that the slowdown in bid rounds is a

WASHINGTON, Sept 27 (Reuters) – The Trump administration on Thursday eased safety rules on offshore oil and gas production put in place after the deadly

By David Wethe (Bloomberg) — Deep-sea oil drillers are once again riding the wave of investor enthusiasm that next year will be better for

Norwegian energy giant Equinor announced today it has awarded Transocean a six-well contract on the Norwegian continental shelf (NCS) for the newbuild harsh

By Mikael Holter (Bloomberg) — Tor Olav Troim, who took advantage of a brutal downturn to build Borr Drilling Ltd. from scratch into a $2.3 billion

By Nerijus Adomaitis (Reuters) – Drilling rig contractor Maersk Drilling will provide strong competition for its peers when it is spun off from the

By Henry Goldman (Bloomberg) — New York Governor Andrew Cuomo vowed to enlist a “citizens fleet” of leisure boats and fishing vessels to block any

By Liz Hampton HOUSTON, May 3 (Reuters) – At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie

OSLO, April 20 (Reuters) – Offshore rig firm Odfjell Drilling plans to expand its floating rig fleet to between six and 10 from four now, it said on

PRINCETON, NJ, April 6 (Reuters) – U.S. Interior Secretary Ryan Zinke said on Friday that he sees little demand from oil and gas companies for new

  by Marianna Parraga (Reuters) – Mexico’s state-run Pemex [PEMX.UL] might bring partners into two heavy crude oilfields in the Gulf’s shallow

By David Wethe (Bloomberg) — Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s

ATHENS, Feb 21 (Reuters) – Cyprus said on Wednesday it would press ahead with oil and gas exploration, signalling resolve in a standoff with Turkey over

By Stine Jacobsen COPENHAGEN, Feb 20 (Reuters) – Prospects for the offshore oil drilling market are improving but profits for drillers are still under

By Valerie Volcovici WASHINGTON, Jan 11 (Reuters) – Twenty-two Democratic U.S. senators from 12 states on Thursday joined the chorus of local

By Jennifer A. Dlouhy (Bloomberg) — Interior Secretary Ryan Zinke just handed offshore drilling foes ammunition for lawsuits by declaring the Florida

Jan 10 (Reuters) – The Trump administration’s proposal to open up almost all of U.S. offshore waters to oil and gas drilling could unlock up to 65