Borr Drilling Boss Warns Investors: Offshore Drilling Industry Will Break Your Heart
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 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
By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is ruling out plans to sell new drilling rights off the coast of Florida, including eastern
By Ernest Scheyder and Valerie Volcovici HOUSTON/WASHINGTON, Jan 8 (Reuters) – President Donald Trump’s administration has proposed opening up
By Liam Denning (Bloomberg Gadfly) — Energy dominance begins at home, and that includes any beachfront property you might have. The Interior Department
By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is proposing to open almost all U.S. coastal waters to oil drilling, including those
By Valerie Volcovici WASHINGTON, Jan 4 (Reuters) – The Trump administration on Thursday proposed opening nearly all U.S. offshore waters to oil and gas
By Mikael Holter (Bloomberg) — Norway beat back an unprecedented lawsuit by environmental groups that sought to curb oil drilling in the country’s
By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is poised to open the door to selling new offshore drilling rights from the Atlantic Ocean
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